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The modern dinar's historical antecedents are the gold dinar and the silver dirham, the main coin of the medieval Islamic empires, first issued in AH 77 (696–697 AD) (Late Antiquity) by Caliph Abd al-Malik ibn Marwan. The word "dinar" derives from the Latin word "dēnārius," a silver coin of ancient Rome, which was first minted about c. 211 BC.
The weight of the dinar is 1 mithqal (4.25 grams or 0.137 troy ounces). The word dinar comes from the Latin word denarius, which was a silver coin. The name "dinar" is also used for Sasanid, Kushan, and Kidarite gold coins, though it is not known what the contemporary name was. The first dinars were issued by the Umayyad Caliphate. Under the ...
Gold dinar of Abd al-Malik, AH 75, Umayyad Caliphate.. According to Islamic law, the Islamic dinar is a coin of pure gold weighing 72 grains of average barley. [citation needed] Modern determinations of weight for the "full solidus" weigh 4.44 grams at the time of Heraclius and a "light solidus" equivalent to the weight of the mithqal weighing 4.25 grams, with the silver Dirham being created ...
The first issue of 1 fils were mistakenly minted with the denomination given as "1 fil". 20 fils coins were minted until 1965, with 25 fils introduced in 1968 and 1 ⁄ 4 dinar coins in 1970. The 1 fils coin was last minted in 1985. In 1996, smaller 1 ⁄ 4 dinar coins were introduced alongside 1 ⁄ 2 and 1 dinar coins.
The Bahraini dinar was introduced in 1965, replacing the Gulf rupee at a rate of 10 rupees = 1 dinar. It was initially equivalent to 3 ⁄ 4 of a pound sterling (15 shillings). When sterling was devalued in 1967, the dinar was repegged to 17s 6d sterling (7 ⁄ 8 of a pound). Bahraini coins and notes were introduced at that time.
Coin production ceased after 1990 due to the emergency conditions generated by the Gulf War and international sanctions. In 2004, a new series of coins were issued in denominations of IQD 25, IQD 50 and IQD 100 and were struck in bronze, brass, and nickel-plated steel respectively.
Silver coins were introduced in 1875, in denominations of 50 paras, 1 and 2 dinars, followed by 5 dinars in 1879. The first gold coins were also issued in 1879, for 20 dinars, with 10 dinars introduced in 1882. The gold coins issued for the coronation of Milan I coronation in 1882 were popularly called milandor (French: Milan d'Or). In 1883 ...
The history of coins stretches back to the first millennium BC/BCE. Notable early examples of coins include the Lydian Lion coins, Persian daric and siglos, Tong Bei, the dirham and gold dinar. Coins are a major archaeological source of history.