Iraqi dinar
Updated: 12/10/2025, 10:15:16 AM Wikipedia source
The Iraqi dinar (code: IQD; Arabic: الدينار العراقي), Arabic pronunciation: [diːˈnɑːr]) is the currency of Iraq. The Iraqi dinar is issued by the Central Bank of Iraq (CBI). On 12 December 2025, the exchange rate with the US dollar was US$1 = 1418 dinars.
Infobox
Code
IQD (numeric: 368)
Subunit
0.001
Symbol
IQD or د.ع
mw- 1⁄1000
fils
Freq. used
IQD 250, IQD 500, IQD 1,000, IQD 5,000, IQD 10,000, IQD 25,000
Rarely used
IQD 50,000
Coins
No coins in circulation
User(s)
Iraq
Central bank
Iraq Currency Board (1932–1949)National Bank of Iraq (1949–1956)Central Bank of Iraq (1956–)
Website
www.cbi.iq
Inflation
0.8%
Source
Central Bank of Iraq, Q2 of 2025
Tables
· Coins
IQD 25
IQD 25
Value
IQD 25
Diameter
17.4 mm
Weight
2.5 g
Composition
Copper-plated steel
Obverse
Inscriptions: "Central Bank of Iraq" and "25 dinars"
Reverse
Outline map of Iraq with the two rivers
IQD 50
IQD 50
Value
IQD 50
Diameter
20 mm
Weight
3.4 g
Composition
Brass-plated steel
Obverse
Inscriptions: "Central Bank of Iraq" and "50 dinars"
Reverse
Outline map of Iraq with the two rivers
IQD 100
IQD 100
Value
IQD 100
Diameter
22 mm
Weight
4.3 g
Composition
Stainless steel
Obverse
Inscriptions: "Central Bank of Iraq" and "100 dinars"
Reverse
Outline map of Iraq with the two rivers
| Value | Diameter | Weight | Composition | Obverse | Reverse |
| IQD 25 | 17.4 mm | 2.5 g | Copper-plated steel | Inscriptions: "Central Bank of Iraq" and "25 dinars" | Outline map of Iraq with the two rivers |
| IQD 50 | 20 mm | 3.4 g | Brass-plated steel | Inscriptions: "Central Bank of Iraq" and "50 dinars" | Outline map of Iraq with the two rivers |
| IQD 100 | 22 mm | 4.3 g | Stainless steel | Inscriptions: "Central Bank of Iraq" and "100 dinars" | Outline map of Iraq with the two rivers |
· Banknotes › Kingdom of Iraq dinar series (1932–1939)
Image
Image
Kingdom Dinar Series
Image
Kingdom Dinar Series
Value
Kingdom Dinar Series
Main Color
Kingdom Dinar Series
Description
Obverse
Obverse
Kingdom Dinar Series
Obverse
Kingdom Dinar Series
Reverse
Kingdom Dinar Series
Obverse
Kingdom Dinar Series
Reverse
| Kingdom Dinar Series | |||||
| Image | Value | Main Color | Description | ||
| Obverse | Reverse | Obverse | Reverse | ||
| | | IQD 1⁄4 (1932) | Green and black | King Faisal I | |
| | | IQD 1⁄2 (1932) | Red and black | ||
| | | IQD 1 (1932) | Black and dark brown | ||
| | | IQD 1 (1939) | Green and dark brown | King Faisal II as a child | Kingdom Coat of arms with 1 dinar written inside |
| | | IQD 5 (1932) | Red and black | King Faisal I | |
| | | IQD 10 (1932) | Dark brown and purple | ||
| | | IQD 100 (1932) | Yellow red and black | ||
| | | IQD 100 (1939) | Yellow Green and black | King Faisal II as a child | |
· Banknotes › Swiss dinar series (1979–1986)
Image
Image
Swiss Dinar Series
Image
Swiss Dinar Series
Value
Swiss Dinar Series
Main Color
Swiss Dinar Series
Description
Obverse
Obverse
Swiss Dinar Series
Obverse
Swiss Dinar Series
Reverse
Swiss Dinar Series
Obverse
Swiss Dinar Series
Reverse
| Swiss Dinar Series | |||||
| Image | Value | Main Color | Description | ||
| Obverse | Reverse | Obverse | Reverse | ||
| IQD 1⁄4 | Green | Grain silos at Basra | Date palms | ||
| IQD 1⁄2 | Brown | the Arabic astrolabe | Spiral minaret of the Great Mosque of Samarra | ||
| IQD 1 | Blue-green | A gold dinar coin | Mustansiriya Madrasah | ||
| IQD 5 | Brown-violet and deep blue | Gelî Ali Beg and its waterfall | Al-Ukhaidir Fortress | ||
| IQD 10 | Purple on blue and violet | Abu Ali Hasan Ibn al-Haitham | Al-manara al-hadba fi al-Mawsil (the hunchbacked tower of the Great Mosque of al-Nuri) | ||
| IQD 25 | Green and brown | Horses | Abbasid Palace | ||
| IQD 25 (1986) | Brown, green and black on blue | Saddam Hussein with Battle of al-Qādisiyyah in background | Al-Shaheed Monument | ||
· Banknotes › 1990–2003 series
Image
Image
1990–2002 Series
Image
1990–2002 Series
Value
1990–2002 Series
Main Color
1990–2002 Series
Description
Obverse
Obverse
1990–2002 Series
Obverse
1990–2002 Series
Reverse
1990–2002 Series
Obverse
1990–2002 Series
Reverse
| 1990–2002 Series | |||||
| Image | Value | Main Color | Description | ||
| Obverse | Reverse | Obverse | Reverse | ||
| IQD 1⁄4 (1993) | Green | Palm trees | Al-Bab al-wastaniy li-sur Baghdad (middle gate of the town wall of Baghdad) | ||
| IQD 1⁄2 (1993) | Violet | Astrolabe | Great Mosque of Samarra | ||
| IQD 1(1992) | Pink and green | A gold dinar coin | Mustansiriya Madrasah | ||
| | IQD 5 (1990; not issued) | Light red and pink | Saddam Hussein, buildings at Hatra, statuette of Ur-Nammu (2111 to 2094 BC), King of Ur | House (Mudhif) built by the marsh Arabs, or the Ma’dan, in southern Iraq, frieze from the Sumero-Akkadian period, eagle, found at Hatra, Sumerian weight stone ("duck weight"), golden head of a bull, decorating the front of a lyre covered with inlays | |
| IQD 5 (1992) | Red | Saddam Hussein | The Monument to the Unknown Soldier, King Hammurabi with the sun god Shamash | ||
| IQD 10 (1990; not issued) | Blue | Saddam Hussein, palm trees, scene of the Tigris River | King Ashur-bani-pal galloping forward with bow and arrow, 645–635 BC | ||
| IQD 10 (1992) | Blue-green | Saddam Hussein and Ishtar Gate | Lamassu, Assyrian carving of a winged bull | ||
| IQD 25 (1990) | Green | Horses | Abbasid Palace | ||
| IQD 25 (1986) | Green-brown | Saddam Hussein and Battle of Qadisiyah | Al-Shaheed Monument | ||
| IQD 25 (2001) | Green | Saddam Hussein | Ishtar Gate / Lion of Babylon (statue) | ||
| IQD 50 (1991) | Pink and green | Great Mosque of Samarra | |||
| IQD 50 (1994) | Brown and blue | Saddam Hussein and the Al-Shaheed Monument | Saddam Bridge | ||
| IQD 100 (1991) | Green and purple | Saddam Hussein | Hands of Victory (Swords of Qādisīyah) | ||
| IQD 100 (1994) | Blue | Saddam Hussein and the Hisn al-Ukhaydir (Al-Ukhaidir Fortress) | Baghdad Clock | ||
| IQD 100 (2002) | Saddam Hussein | Old Baghdad | |||
| IQD 250 (1995) | Violet | Saddam Hussein and the Qadisiya hydroelectric dam | Liberty Monument, Baghdad | ||
| IQD 250 (2002) | Saddam Hussein | Dome of the Rock | |||
| IQD 500 (1995; not issued) | Light pink | Saddam Hussein, Baghdad tower (previously International Saddam Tower) | Bridge of 14 July over Tigris River, Baghdad | ||
| IQD 10,000 (2002) | Pink and violet | Saddam Hussein, The Monument to the Unknown Soldier | Mustansiriya Madrasah, Arabic astrolabe | ||
· Banknotes › 2003–present
Image
Image
2003 Series
Image
2003 Series
Value
2003 Series
Main Color
2003 Series
Description
Obverse
Obverse
2003 Series
Obverse
2003 Series
Reverse
2003 Series
Obverse
2003 Series
Reverse
| 2003 Series | |||||
| Image | Value | Main Color | Description | ||
| Obverse | Reverse | Obverse | Reverse | ||
| | | IQD 50 | Purple | Grain silos at Basra | Date palms |
| IQD 250 | Blue | An Astrolabe | Spiral minaret of the Great Mosque of Samarra | ||
| IQD 500 | Blue-green | Dukan Dam on the Little Zab river | Lamassu, Assyrian carving of a winged bull | ||
| IQD 1,000 | Brown | A gold dinar coin | Mustansiriya Madrasah, Baghdad | ||
| IQD 5,000 | Dark blue | Gelî Ali Beg and its waterfall | Al-Ukhaidir Fortress | ||
| IQD 10,000 | Green | Abu Ali Hasan Ibn al-Haitham | Great Mosque of al-Nuri (Mosul) | ||
| IQD 25,000 | Red | An Iraqi farmer holding a sheaf of wheat, a tractor and a gold dinar coin | Carving of the Code of King Hammurabi | ||
· Banknotes › 2003–present
Image
Image
2013–2015 Series
Image
2013–2015 Series
Value
2013–2015 Series
Main Color
2013–2015 Series
Description
Obverse
Obverse
2013–2015 Series
Obverse
2013–2015 Series
Reverse
2013–2015 Series
Obverse
2013–2015 Series
Reverse
| 2013–2015 Series | |||||
| Image | Value | Main Color | Description | ||
| Obverse | Reverse | Obverse | Reverse | ||
| IQD 10,000 | Green | Sculptor Jawad Saleem's Monument of Freedom at Liberation Square (Nasb al-Hurriyah) in Baghdad | Al-manara al-hadba fi al-Mawsil (the hunchbacked tower of the Great Nurid mosque in Mosul) | ||
| IQD 25,000 | Red | An Iraqi farmer holding a jug, a tractor and a gold dinar coin | Carving of the Code of King Hammurabi | ||
| IQD 50,000 | Brown | Water wheel on the Euphrates river, palm trees, Gali Ali Beg waterfall | Fishermen, traditional reed house of the Mesopotamian marshes, rivers Euphrates and Tigris rivers on map | ||
· Banknotes › 2003–present
Image
Image
2018 Series
Image
2018 Series
Value
2018 Series
Main Color
2018 Series
Description
Obverse
Obverse
2018 Series
Obverse
2018 Series
Reverse
2018 Series
Obverse
2018 Series
Reverse
| 2018 Series | |||||
| Image | Value | Main Color | Description | ||
| Obverse | Reverse | Obverse | Reverse | ||
| IQD 1,000 | Brown | A representation of an Assyrian star, man on a boat, inscription "Enlisting the marshes and Heritage of South Iraq in the World Heritage List" | Mustansiriya Madrasah, Baghdad | ||
References
- Matafhttps://www.mataf.net/en/currency/converter-IQD
- Iraq Business Newshttps://www.iraq-businessnews.com/2025/08/21/iraqs-inflation-rate-drops-sharply/
- "Iraq"https://www.cia.gov/the-world-factbook/countries/iraq/
- exchangerates.org.ukhttps://www.exchangerates.org.uk/Dollars-to-Iraqi-Dinar-currency-conversion-page.html
- The Statesman's Year-Book: Statistical and Historical Annual of the States of the World for the Year 1943https://books.google.com/books?id=ndbMDQAAQBAJ
- Iraq & The Persian Gulfhttps://books.google.com/books?id=o1NsBAAAQBAJ
- Economic Policy in Iraq, 1932–1950https://books.google.com/books?id=SUEsBgAAQBAJ
- Dinar2u.comhttps://www.dinar2u.com/iraqidinar/history.php
- p j symeshttp://www.pjsymes.com.au/articles/iraq-cb.htm
- Wheeler, Tony. West Asia on a Shoestring. 2nd. Hawthorn, Australia: Lonely Planet, 1990.
- The Journal of Economic Perspectiveshttps://doi.org/10.1257%2F0895330042162395
- Coalition Provisional Authorityhttps://web.archive.org/web/20070515093736/http://www.cpa-iraq.org/budget/IraqCurrencyExchange.html
- "Iraq becomes latest country to devalue its currency"https://web.archive.org/web/20220218135009/https://www.eca-international.com/insights/blog/december-2020/iraq-becomes-latest-country-to-devalue-currency
- Central Bank of Iraqhttps://web.archive.org/web/20190302173529/https://cbi.iq/
- International Monetary Fund, Iraq: Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorahttp://www.imf.org/external/np/loi/2011/irq/030311.pdf
- "Owners of currency exchange business that made $600 million convicted of fraud"https://www.justice.gov/usao-ndga/pr/owners-currency-exchange-business-made-600-million-convicted-fraud
- The Daily Beasthttps://www.thedailybeast.com/trump-fans-sink-savings-into-iraqi-dinar-scam
- Skeptoidhttps://web.archive.org/web/20190302190535/https://skeptoid.com/blog/2014/02/10/the-ugly-truth-about-the-iraqi-dinar/
- KSL-TVhttps://web.archive.org/web/20190302190704/https://www.ksl.com/article/28221507/long-running-scam-involves-foreign-currency
- Department of Financial Institutionshttp://www.dfi.wa.gov/consumer/alerts/iraqi-dinar-scams
- "Utah Division of Securities identifies Top Ten Investment Alerts for 2011"https://web.archive.org/web/20140817020904/http://commerce.utah.gov/releases/11-01-03_sec-top10-alerts.pdf
- "PRESS RELEASE – IRAQI DINAR SCAMS"https://web.archive.org/web/20150206191907/http://www.securities.ok.gov/Press_Releases/PRDetail.asp?ID=74
- "INVESTOR ALERT – Understanding high-risk investments What you don't know CAN hurt you!"https://web.archive.org/web/20230914151107/https://asc.alabama.gov/News/2014%20News/3-12-14%20INVESTOR%20ALERT-Bitcoin%20and%20Dinar.pdf
- WHNThttp://whnt.com/2014/05/09/iraqi-dinar-investment-fact-or-fiction/
- "Top Ten Scams 2013"https://web.archive.org/web/20180822213757/https://www.bbb.org/new-mexico-southwest-colorado/get-consumer-help/tips/top-ten-scams-of-2013
- Standard Catalog of World Coins, 2001-Date
- The Banknote Bookhttp://www.banknotenews.com/banknote_book/banknote_book.php
- "New Iraqi Dinar banknotes feature stronger security features"http://www.iraqinews.com/business-iraqi-dinar/new-iraqi-dinar-banknotes-feature-stronger-security-features/
- Iraq new 250- and 500-dinar notes confirmed Banknote News. 6 October 2014. Retrieved on 2014-11-30.http://banknotenews.com/files/fdcdfed60da6589301016d65b59dbed9-3067.php
- Iraq new 1,000-dinar note confirmed Banknote News. 5 October 2014. Retrieved on 2014-11-30.http://banknotenews.com/files/f4ca078929b5e603456cbe10fd470890-3189.php
- Iraq new 5,000- and 25,000-dinar notes confirmed Banknote News. 29 November 2014. Retrieved on 2014-11-30.http://banknotenews.com/files/14f1bb898f06b6a85f4b4e5d2d3f90d5-3237.php
- marketersmedia.comhttp://marketersmedia.com/central-bank-of-iraq-to-remove-50-dinar-banknotes-from-circulation-on-april-30-2015/76121
- www.rudaw.nethttps://www.rudaw.net/notfound.html
- CoinWorldhttps://www.coinworld.com/news/paper-money/iraq-releases-first-notes-since-2003.html
- "Is the Iraqi Dinar a Wise Investment?"https://www.investopedia.com/articles/forex/081314/iraqi-dinar-investment-wise-investment.asp