
The Iraqi Dinar has a rich history that spans centuries. It was first introduced in 1932 as the official currency of Iraq.
The first coins were minted in 1932, with a value of 1/4 dinar. These coins were made of copper and featured the image of King Faisal II.
In 1959, the Iraqi government introduced a new series of banknotes, featuring the image of President Abd al-Karim Qasim. These banknotes were more secure and durable than their predecessors.
The dinar has undergone several revaluations over the years, with the most recent one taking place in 2003.
History of Iraqi Dinar
The Iraqi Dinar has a rich history that spans several decades. The Kingdom of Iraq dinar series was introduced in 1932 and featured King Faisal I on the obverse of the coins.
The series included denominations such as 1/4, 1/2, 1, 5, 10, and 100 dinars, each with its own unique design and main color. The 1/4 dinar coin, for example, had a green and black design, while the 100 dinar coin had a yellow red and black design.
Intriguing read: 1 دولار كم يساوي دينار ليبي
In 1939, the design of the 1 and 100 dinar coins was changed to feature King Faisal II as a child. The Swiss Dinar Series was also introduced during this time, featuring a silo of Basra on the obverse of the 1/4 dinar coin and date palms on the reverse.
The Kingdom of Iraq dinar series was eventually replaced by a new series in 2003, after the fall of Saddam Hussein's regime. This new series featured a new design and denominations such as 50, 250, 500, 1,000, 5,000, 10,000, and 25,000 dinars.
Here is a list of the denominations and their corresponding main colors:
- 50 dinar: بنفسجي (purple)
- 250 dinar: أزرق (blue)
- 500 dinar: أخضر مزرق (light green)
- 1,000 dinar: أصفر وبني (yellow and brown)
- 5,000 dinar: بنفسجي (purple)
- 10,000 dinar: أخضر (green)
- 25,000 dinar: أحمر (red)
العهد الملكي
The Royal Covenant was a significant event in Iraqi history, marking the beginning of the modern Iraqi state. It was signed in 1922 between the British government and King Faisal I.
The Covenant established Iraq as a British protectorate, with the British government responsible for its foreign affairs and defense. This was a major shift from the Ottoman Empire's control, which had lasted for centuries.
King Faisal I was a key figure in this period, playing a crucial role in shaping the country's future. He was a skilled diplomat and leader who worked closely with the British to establish a stable government.
The Royal Covenant also led to the introduction of the Iraqi Dinar as the country's official currency in 1932.
Iraqi Dinar Series
The Iraqi Dinar Series has undergone several changes over the years. The 1990–2003 series was a notable period, with various coins and banknotes being introduced.
The 1990–2002 series included coins with denominations such as IQD 1⁄4, IQD 1⁄2, IQD 1, IQD 5, IQD 10, IQD 25, IQD 50, and IQD 100. These coins featured various designs, including palm trees, astrolabes, and Saddam Hussein's image.
Some notable coins from this series include the IQD 1⁄4, which had a green main color and featured palm trees, and the IQD 1⁄2, which had a violet main color and featured an astrolabe. The IQD 100 coin, which had a green and purple main color, featured Saddam Hussein's image and the Hands of Victory.
The 2018 series introduced a new set of coins, including the IQD 1,000, which had a brown main color and featured a representation of an Assyrian star and a man on a boat.
Here is a summary of the Iraqi Dinar series:
Editions 2001–2002
The Iraqi Dinar Series saw significant changes in 2001-2002. A new series of notes was introduced, featuring Saddam Hussein on the obverse.
In this series, the 25 dinar note, issued in 2001, has a green and brown design, featuring Saddam Hussein. The reverse side depicts the Al-Shaheed Monument.
The 100 dinar note, issued in 2002, has a blue design, featuring Saddam Hussein. The reverse side depicts a Baghdad clock.
The 52 dinar note, issued after 2002, has a purple design, featuring Saddam Hussein. The reverse side depicts the Dome of the Rock in Palestine.
The 10,000 dinar note, issued in 2002, has a red design, featuring Saddam Hussein. The reverse side depicts an Arabic astrolabe and the Mustansiriya Madrasah.
Here's a summary of the 2001-2002 Iraqi Dinar Series:
Editions 1992–1993
The Iraqi Dinar Series had some notable editions in 1992-1993. These editions featured various denominations, each with its unique design and characteristics.
One of the denominations was the 1/4 dinar, issued in 1993. It had a green and brown color scheme, with a picture of a palm tree on the front and the "Bab al-Muatham" in the middle of Baghdad on the back.
The 1/2 dinar, also issued in 1993, had a purple color scheme and featured an astrolabe on the front and the Malwiya of Samarra on the back.
In 1992, the 1 dinar denomination was introduced, with a blue and green color scheme. It featured an Islamic dinar on the front and the Mustansiriya School in Baghdad on the back.
Other denominations from this period include the 5 dinars, which featured Saddam Hussein on the front and a mysterious soldier on the back, and the 10 dinars, which featured Saddam Hussein on the front and the winged bull on the back.
إصدارات 1994–1995

The Iraqi Dinar Series has a fascinating history, and one of the notable periods is the 1994-1995 edition. This edition was issued due to the devaluation of the currency, and the coins were made available for circulation for the first time with these values.
The coins from this edition were relatively large in size and remained in circulation until the end of 2003.
Here are some key details about the 1994-1995 Iraqi Dinar coins:
These coins featured images of Saddam Hussein on the face and notable landmarks on the back, showcasing the country's architecture and history.
Archive Prices
The Iraqi Dinar has undergone several series over the years, and each series has its own unique characteristics.
The first series of the Iraqi Dinar was introduced in 1931 and featured a portrait of King Faisal II on the obverse side.
The 1986 series, also known as the Saddam Hussein series, was a significant departure from previous designs and featured the dictator's image prominently.
The 1991 series was replaced by the 1996 series, which featured a new design and security features to combat counterfeiting.
The 2003 series was introduced after the fall of Saddam Hussein and featured a new design with improved security features.
In terms of archive prices, the 1986 series is highly sought after by collectors due to its rarity and historical significance.
میانگین متحرک (EMA)
The Iraqi Dinar has a fascinating aspect called the Exponential Moving Average (EMA), which helps traders and investors make informed decisions.
The EMA for the Iraqi Dinar is calculated over different time frames, including 5, 10, 20, 30, 50, 100, and 200 days.
A 5-day EMA for the Iraqi Dinar is 623.02.
The EMA for the Iraqi Dinar over a 10-day period is 625.06.
A 20-day EMA for the Iraqi Dinar is 622.57.
The EMA for the Iraqi Dinar over a 30-day period is 626.16.
A 50-day EMA for the Iraqi Dinar is 610.29.
The EMA for the Iraqi Dinar over a 100-day period is 576.76.
A 200-day EMA for the Iraqi Dinar is 534.39.
Here's a summary of the EMAs for the Iraqi Dinar over different time frames:
These EMAs provide valuable insights into the Iraqi Dinar's price movements and can help traders and investors make informed decisions.
Banking and Central Bank
The Iraqi Central Bank takes counterfeiting seriously, and they've implemented a system to identify fake local currency. The bank's advisor, Ihsan Al-Yasiri, explains that the new 10,000, 25,000, and 50,000 dinar bills have a transparent window that makes them harder to counterfeit.
These new bills are designed to be more secure, with the image of a Maloula (a type of flower) appearing on a white background and the denomination number appearing on a black background. This makes it easier to spot a fake bill.
The Central Bank's efforts seem to be paying off, as Al-Yasiri notes that counterfeiting is "weak and poor" and is often detected by the public, financial institutions, and the bank itself.
Bank المركزي
The Bank المركزي, also known as the Central Bank of Iraq, has a robust system to detect counterfeit local currency.
In fact, the Central Bank of Iraq has designed special features in their currency notes, such as a transparent window, to make them harder to counterfeit.
These features include a transparent window that shows a picture of the Maloula, a famous Iraqi landmark, when the background is white, and a serial number when the background is black.
The Central Bank of Iraq has confirmed that the current currency notes in circulation are genuine and issued by the bank.
The bank's advisor, Ihsan Al-Yasiri, has stated that the counterfeit currency is usually of poor quality and can be easily detected by the public, banking sector, and the Central Bank itself.
The Central Bank of Iraq has not reported any increase in the rate of counterfeit currency in circulation.
The transparent window feature in the currency notes has become one of the strongest features of Iraqi currency, making it difficult to counterfeit.
سطح حماية مقاومة

In the world of banking and central banks, technical analysis is a crucial tool for traders and investors. The support and resistance levels of the Iraqi Dinar are a key aspect of this analysis.
Support and resistance levels are like the highs and lows of a rollercoaster, indicating where the market is likely to bounce back or break through. The Iraqi Dinar's support and resistance levels are as follows: S3 (610.33), S2 (614.66), S1 (620.33), PP (624.66), R1 (630.33), R2 (634.66), and R3 (640.33).
These levels are calculated using different methods, including the Fibonacci, Camarilla, and Woodie levels. The Fibonacci level for S1 is 620.84, while the Camarilla level for R1 is 636.83. The Woodie level for PP is 621.5, indicating a potential area of support.
The support and resistance levels can be a powerful tool for traders and investors, helping them make informed decisions about buying or selling the Iraqi Dinar. By monitoring these levels, they can stay ahead of market trends and make the most of their investments.
Here is a summary of the support and resistance levels:
Speculation and Investment
The Iraqi dinar has been involved in a multi-million-dollar industry since the Iraq war in 2003, with many companies selling dinars to speculators at inflated prices. This activity can be either a legitimate service or foreign exchange fraud.
The downfall of Saddam Hussein led to a surge in speculation, with many believing the dinar would sharply increase in value to a profitable exchange rate in the future. At least one major currency exchange provider was convicted of fraud involving the dinar.
The speculation revived after the election of Donald Trump in November 2016, with many buyers believing Trump would cause a sharp revaluation in the dinar to an exchange rate comparable to the US dollar. This led to warnings from State agencies such as Washington State, Utah, Oklahoma, Alabama, and others about the risks of investing in the dinar.
Use in Speculation and Fraud Post-Iraq War
The Iraqi dinar has been used in speculation and fraud since the Iraq war in 2003. This is largely due to its extremely high exchange rate compared to other currencies, making it unattractive for international trade.
After the fall of Saddam Hussein, a multi-million-dollar industry emerged, selling dinars to speculators at inflated prices. The idea was that the dinar would sharply increase in value in the future, but this was often just a scam.
The speculation over the Iraqi dinar originated from a misunderstanding of why the value of the Kuwaiti dinar recovered after the First Gulf War. This misunderstanding led to an assumption that the Iraqi dinar would follow suit.
The Iraqi dinar is often sold by dealers at inflated prices, with little evidence to substantiate claims of significant appreciation due to revaluation of the currency. This has led to warnings from State agencies and news organizations.
In 2014, the Better Business Bureau included investing in the dinar as one of the ten most notable scams of the year. This should be a red flag for potential investors.
مقایسهگر سرمایهگذاری
When comparing investment options, it's essential to consider the current market values. According to the comparison tool, investing in 12,493,617 rials in gold would be equivalent to a different market value.
The comparison tool shows that investing in 12,493,617 rials in gold is equivalent to a value in yurros of 11,566,314 rials.
To make informed decisions, it's crucial to consider the performance of different investments over time. For instance, the six-month return on investment in Iraqi dinars is not available.
In contrast, the daily return on investment in Iraqi dinars is relatively stable. If you had invested in Iraqi dinars yesterday, your investment would have increased by 0.318979% today.
Here is a summary of the comparison tool's results:
Keep in mind that investment returns can vary significantly over time. For example, the one-month return on investment in Iraqi dinars was 0%, while the dollar experienced a 4.85% increase.
سود سالانه سرمایه گذاری چقدر بوده است؟
Investing in the Iraqi Dinar can be a lucrative option, as seen in the example where a 48.69% increase in investment was achieved by converting a portion of the capital to the Iraqi Dinar last year.
The annual return on investment in the Iraqi Dinar was 48.69% in the given example, which is a significant increase in a short period of time.
میانگین متحرک (SMA)

In the world of speculation and investment, understanding the basics of technical analysis is crucial.
The Simple Moving Average (SMA) is a widely used indicator that helps traders and investors gauge market trends.
An SMA is calculated by adding up a series of closing prices and dividing by the number of prices. For example, a 5-day SMA would add up the closing prices of the past 5 days and divide by 5.
The SMA can be used to identify trends, predict price movements, and set buy and sell signals. In the case of the Iraqi Dinar, the 5-day SMA is 620.8.
A longer-term SMA, such as the 50-day SMA, can help smooth out short-term price fluctuations and provide a clearer picture of the overall trend. The 50-day SMA for the Iraqi Dinar is 610.48.
Here's a summary of the different SMAs for the Iraqi Dinar:
By analyzing these different SMAs, traders and investors can gain a better understanding of the Iraqi Dinar's market trend and make more informed investment decisions.
عملکرد
The performance of the Iraqi Dinar is quite impressive. One week's performance shows a depreciation of 12 dinars against the previous week.
The monthly performance is even more striking, with a depreciation of 6 dinars over the past month.
Here's a breakdown of the Dinar's performance over different time periods:
The six-month performance is particularly noteworthy, with a depreciation of 153 dinars. This is a significant drop, but it's essential to consider the bigger picture.
Currency Crisis
The value of the Iraqi dinar has taken a hit, with its worth plummeting against the US dollar.
As a result, locals are getting anxious about the potential collapse of their local currency due to the influx of counterfeit money in the market.
Salama Smeisim, an economist, tweeted that counterfeiting is one of the most destructive economic tools, leading to a war of existence where the very existence of Iraq as a country is at stake.
People are wondering what the future holds for Iraq with the dinar's value dropping and counterfeit currency on the rise.
Abu Ghayb asked, "What's going to happen to the country in the near future? Why is the US silent about these issues?"
Iraq Today
The current price of the Iraqi dinar is fluctuating, with a price of 626 IQD at 17:59:18.
There have been multiple price updates in the past few minutes, with the price changing by 1 IQD each time.
The percentage change is 0.16% in each case.
A quick look at the data shows that the price has been as high as 627 IQD and as low as 626 IQD.
Here's a summary of the price changes:
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