Banknotes of Iraq

The official currency of Iraq is the Iraqi dinar, issued by the Central Bank of Iraq. Paper money was first introduced in Iraq in 1940, and a key reform occurred in 2003 when the currency was redenominated, removing three zeros from the face value of banknotes. This resulted in the issuance of a new series featuring updated security features and designs. Collectors find Iraq's banknotes intriguing due to their diverse designs influenced by various historical periods. The 2003 series showcases modern security elements and vivid imagery, including depictions of cultural landmarks and influential figures from Iraqi history. The notes reflect a transition in Iraq’s visual narrative, marking a shift towards post-Saddam governance.