Archive for September 11, 2013
Collecting world currency is one of the most popular pastimes. It can reflect worldliness and an air of culture, especially when it comes to exotic currency. The Iraqi dinar is about as exotic as it gets. Before you buy dinar or convert your dinar to dollars, here are some quick facts about the history of this currency.
1. In 1932, the Iraqi dinar was first introduced into circulation. The dinar replaced what was previously the nation’s official currency, the Indian rupee, when, during World War I, the British occupied Iraq. If you are looking to buy dinar, you can have over 80 years of Iraqi dinar value history right in your pocket.
2. The 50 and 100 Iraqi dinar notes were first established in 1991. Then, in 1995, citizens began using the 250 dinar note. It was not until 2002 that the 10,000 dinar note