Archive for August 15, 2013
If you are considering investing in Iraqi dinars, you will probably find these facts about the dinar very interesting. These facts and figures about the Iraqi dinar may also come in handy during your purchase or selling of this currency.
This currency of Iraq was first put into general circulation in the year 1932. Then, from 1947 to 1954, the currency was issued by the National Bank of Iraq. After that, Iraqi dinars were then issued by the Central Bank of Iraq. Iraqi dinars that were issued between 1990 and 2003 bore an idealized engraving of then Iraqi President Hussein. It is interesting to note that following the 1991 Gulf War, Iraqi dinars were printed in China, as well as Iraq. The banknotes were printed on paper that consisted of low grade wood pulp, rather than the more expensive linen or cotto