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The Iraqi dinar [a] (code: IQD) [2] is the currency of Iraq. The Iraqi dinar is issued by the Central Bank of Iraq (CBI). On 7 February 2023, the exchange rate with the US dollar was US$1 = 1300 dinars. [3]
News. Shopping. Main Menu. News. ... which has led the Iraqi dinar to change hands at more than 1,500 per dollar in the unofficial market in recent months, up to 15% weaker than the official rate ...
The objectives of the Central Bank of the Iraq are as follows: Maintaining inflation stability; Implementing monetary policy (including exchange rate policies) Managing the state's reserves; Issuing and managing the Iraqi dinar; Regulating private banks; As of December 2009, the bank reported total assets valued at over 57 trillion dinars. [21]
The Islamic State dinar (Arabic: دينار الدولة الإسلامية), or simply the gold dinar, [2] was the official currency of the Islamic State from 2014 to 2019. Subdivided into dirhams and fulûs , it was modelled after the historical gold dinar that was first introduced in the Muslim world during the time of the Umayyad Caliphate .
Executive Order 13303 was issued on May 22, 2003, by United States President George W. Bush to protect the Development Fund for Iraq for the rebuilding of Iraq from any legal attachments or liens. Further, it protects Iraqi oil products and interests and ownership by US persons (defined to include US corporations) from attachment as well.
Following the 2003 invasion the Coalition Provisional Authority, installed by the Coalition Forces, determined that Iraq needed a new, unified currency, but establishing a proper exchange rate was relatively difficult. The market exchange rate for Saddam dinars to Swiss dinars remained around 100:1 from 1998 to January 2002, but as the invasion ...
Pages in category "Currencies of Iraq" ... Iraqi Swiss dinar; Islamic State dinar This page was last edited on 1 April 2019, at 01:58 (UTC). ...
The dinar (/ d ɪ ˈ n ɑː r /) is the name of the principal currency unit in several countries near the Mediterranean Sea, with a more widespread historical use. The English word "dinar" is the transliteration of the Arabic دينار ( dīnār ), which was borrowed via the Syriac dīnarā from the Latin dēnārius .