Iraq new 5,000- and 25,000-dinar notes reported

Iraq_CBI_5000_dinars_2014.00.00_B53a_PNL_f
Iraq_CBI_5000_dinars_2014.00.00_B53a_PNL_r

Iraq_CBI_25000_dinars_2014.00.00_B54a_PNL_f
Iraq_CBI_25000_dinars_2014.00.00_B54a_PNL_r
According to an Arabic languague press release, the Central Bank of Iraq has issued new 5,000- and 25,000-dinar notes like the existing notes (CBI B50 and B52, respectively, but with enhanced seucirty features and dated 2013. The 5,000-dinar note has a green-to-blue SPARK patch at lower right front, and a green-to-blue 4-mm wide windowed security thread with demetalized CBI. The 25,000-dinar note has a revised agricultural scene on front, a varifeye security thread, and a purple-to-green 4-mm wide windowed security thread with demetalized CBI.

Courtesy of Dmitry Svobodin.

Iraq new sig/date (2013) 5,000-dinar note confirmed

Iraq_CBI_5000_dinars_2012.00.00_B50d_P94_f
5,000 dinars, ٢٠١٣ - ١٤٣٤ (2013/AH1434). Like CBI, but new date and signature 17.

Courtesy of Dmitry Svobodin.

Iraq new 1,000-dinar note confirmed

Iraq_CBI_1000_dinars_2013.00.00_B53a_PNL_f
1,000 dinars, ٢٠١٣ - ١٤٣٥ (2013/AH1435). Like CBI B49, but new date, smaller signature, and three intaglio circles at upper left front for the sight impaired.

Courtesy of Jürg Rindlisbacher and Sejin Ahn.

Iraq new 10,000-dinar note reported


Iraq_CBI_10000_dinars_2014.00.00_BNL_PNL_f
Iraq_CBI_10000_dinars_2014.00.00_BNL_PNL_r
According to a press release dated 7 August 2014, the Central Bank of Iraq has introduced a new 10,000-dinar banknote.

Courtesy of Daisy.

Iraq new 250- and 500-dinar notes confirmed

Iraq_CBI_250_dinars_2013.00.00_B47c_P91_f
250 dinars, ٢٠١٣ - ١٤٣٥ (2013/AH1435). Like CBI B47, but new date, new signature (Abdul Basit Turki Saeed), and one intaglio circle at upper left front for the sight impaired.

Iraq_CBI_500_dinars_2013.00.00_B48b_P92_f
500 dinars, ٢٠١٣ - ١٤٣٥ (2013/AH1435). Like CBI B48, but new date, new signature (Abdul Basit Turki Saeed), and two intaglio circles at upper left front for the sight impaired.

Courtesy of Jürg Rindlisbacher, Sejin Ahn, and Thomas Augustsoon.

Iraq rumored to have prepared new banknotes

According a report on Kurdnet dated 9 April 2014, the Central Bank of Iraq has announced printing new banknotes with new images, new security features, and features to help the sight-impaired distinguish between denominations.

Iraq new sig/date (2012) 250-dinar note confirmed

Iraq_CBI_250_dinars_2012.00.00_B47b_P91_sig
250 dinars, ٢٠١٢ - ١٤٣٣ (2012/AH1433). Like CBI B47, but new date and new signature (Sinan Al-Shabibi, who served as governor from September 2003 to October 2012).

Anyone interested in buying one of these notes can contact the contributor by clicking the link below.

Courtesy of Claudio Marana and Marian Massimiliano.

Iraq new sig/date (2013) 1,000-dinar note confirmed

Iraq_CBI_1000_dinars_2012.00.00_B49b_P93_sig
1,000 dinars, ٢٠١٣ - ١٤٣٤ (2013/AH1434). Like CBI B49, but new date and new signature (Abdul Basit Turki Saeed, who assumed governorship of CBI in October 2012).

Anyone interested in buying one of these notes can contact the contributor by clicking the link below.

Courtesy of Claudio Marana and Marian Massimiliano.

Iraq discloses designs for redenominated banknotes slated for July 2013

According to Iraq's semi-official Alsabaah newspaper, the finance committee received specimens of the new Iraq banknotes from the Central Bank of Iraq. The specimens were of the 25, 50, 100, and 200 dinars. The committee urged the central bank to delay the introduction of the new currency from January 2013 to July 2013 to study all the aspects of the process.

Other Iraqi media reports state that the new currency will be issued in denominations of 5, 10, 25, 50, 100, and 200 dinars for banknotes and 25, 50, 100, 250, and 500 fils, plus 1 and 2 dinars for coins. The designs have been already chosen for banknotes and coins:

5 dinars: Beck waterfall and palm tree
10 dinars: dinar coin minted in the reign of the Umayyad dynasty and lighthouse Hadba in Mosul
25 dinars: King Hammurabi receiving the law and farming of Iraqi Kurdistan
50 dinars: King Codaa and Fort Ukhaydir
100 dinars: Central Bank building in Azwaip area in Baghdad and ziggurat
200 dinars: bridge and school

Courtesy of Mosab K. Ibrahim.

The Banknote Book chapters now available in print

covers_of_print_editions
In response to popular demand, several chapters of The Banknote Book are now available in printed format:
  • Afghanistan
  • Albania
  • Bangladesh
  • Bermuda
  • Iraq
  • Israel
  • Jamaica
  • Jordan
  • Pakistan
  • Zimbabwe
Each chapter is professionally printed on demand by Lulu.com in full-color, on high-quality US letter-sized paper with a saddle-stitched, heavyweight glossy cover. At present, only those chapters 20 pages or longer are available in print, but if you are interested in purchasing printed copies of other chapters, please click here to write to me using the Contact form.

Iraq chapter of The Banknote Book is now available

Iraq

The Iraq chapter of The Banknote Book is now available for individual sale at US$9.99, and as a free download to subscribers. Also available in print.

At the time of initial publication, this 33-page catalog covers every note (247 types and varieties, including 80 notes unlisted in the SCWPM) issued by the Government of Iraq from 1931 to 1948; the National Bank of Iraq in 1947; and the Central Bank of Iraq from 1947 until present day.

Each chapter of The Banknote Book includes detailed descriptions and background information, full-color images, and accurate valuations. The Banknote Book also features:
  • Sharp color images of note’s front and back without overlap
  • Face value or date of demonetization if no longer legal tender
  • Specific identification of all vignette elements
  • Security features described in full
  • Printer imprint reproduced exactly as on note
  • Each date/signature variety assigned an individual letter
  • Variety checkboxes for tracking your collection and want list
  • Red stars highlight the many notes missing from the SCWPM
  • Date reproduced exactly as on note
  • Precise date of introduction noted when known
  • Replacement note information
  • Signature tables, often with names and terms of service
  • Background information for historical and cultural context
  • Details magnified to distinguish between note varieties
  • Bibliographic sources listed for further research

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Iraq halts plans to revalue dinar

According to a Reuters article dated 12 April 2012, Iraq has decided not to move forward with revaluing the dinar 1,000:1 this coming September as originally planned, because cabinet secretary Ali al-Alaq says the economic climate is not suitable for such a move. The redenomination is on hold "until further notice."

Iraq planning new 50,000-dinar note

According to an article on Iraq-Business News dated 28 November 2011, the Central Bank of Iraq confirmed it will issue a new banknote valued at 50,000 dinars (US$43), but marked as 50 dinars. Deputy Chairman Dr. Muzher Saleh said the bank is working to issue this new money in addition to coins in both Arabic and Kurdish in an effort to address the liquidity problem in Iraq. Currently the largest denomination in Iraq is the 25,000-dinar note (Pick 96). The new currency will include symbols that reflect the diversity of Iraq’s sects and cultures including the Kurdish culture. “Iraq needs to support its economy and its currency through the issuance of a currency similar to foreign ones like the $100 bill,” Saleh added.

Keep in mind, for the past four years Iraq has reportedly been attempting to revalue its currency, and just last month it was reported that new notes would be issued in September 2012.

Courtesy of Mehdi Kasumov.

Iraq to revalue dinar and introduce new notes in September 2012

According to an artilce in The Kurdish Globe dated 25 February 2012, the Central Bank of Iraq has agreed with the Economic Committee of the Iraqi parliament to introduce new banknotes in September 2012, and withdrawl old notes within a year of that date. The new notes will be denominated in dinars, which will have three zeros removed to revalue them 1:1000 compared to the existing notes. The new 50-, 100-, and 200-dinar notes will be printed in Europe and feature Arabic, English, and Kurdish text.

Iraq denies rumor of new 50,000-dinar note

According to an article in Alsabaah Daily, the Central Bank of Iraq is planning to issue a 50,000-dinar (US$42.77) note to facilitate transactions. It plans to restart the issue of coins too. The new issues will not affect the redenomination plans, which will take more than one year to be implemented.

The plans mentioned above were denied in an article dated 11 November 2011 on The Currency Newshound, in which an anonymous source states that the bank is actually planning to redenominate its currency by removing three zeros from the dinar.

Courtesy of Mosab K Ibrahim.

Iraq new date (2010) 25,000-dinar note confirmed


25,000 dinars (US$21.40), ٢٠١٠ - ١٤٣١ (2010/AH1431). Like P96c, but new date.

Anyone interested in buying one of these notes can contact the contributor by clicking the link below. Be sure to say you saw it mentioned on Banknotenews.com.

Courtesy of banknoteshop@gmx.net.

Iraq new date (2010) 10,000-dinar note confirmed

10,000 dinars (US$8.50), ٢٠١٠ - ١٤٣١ (2010/AH1431). Like P95, but new date.

Courtesy of Haider Saffar.

Iraq new date (2010) 25,000-dinar note confirmed


25,000 dinars (US$21.40), ٢٠١٠ - ١٤٣١ (2010/AH1431). Like P96, but new date.

Courtesy of Haider Saffar.

Iraq new date (2010) 5,000-dinar note confirmed


5,000 dinars (US$4.25), ٢٠١٠ - ١٤٣١ (2010/AH1431). Like P94b, but new date.

Courtesy of Haider Saffar.

Iraq planning to delete zeros from dinar

According to an article in Alsumaria, on 23 June 2011 the Central Bank of Iraq announced it is planning to delete zeros from the Iraqi dinar, and add Kurdish to the Arabic text on the notes.

Said the adviser of Iraqi Central Bank governor Mothahhar Mohammed Saleh, “The project of deleting zeroes is complete. It will be submitted to the central bank’s administration in the next session. Then, it will be passed to the ministerial council before presenting it to the Parliament for vote. The mechanisms of changing the currency will be gradual. It will be preceded by awareness campaigns for citizens. The new currency will be printed after deleting the zeros and will include the Kurdish language in addition to the Arabic language. It will bear as well photos of Iraq’s civilizations and patrimony in addition to symbols of Iraqi intellectuals and figures.”

There have been similar reports of revaluing the dinar since 2007, but to date none have come to fruition.

Courtesy of Richard Miranda.

Iraq new date (2008) 25,000-dinar note confirmed



25,000 dinars (US$21.40), ٢٠٠٨ - ١٤٢٩ (2008/AH1429). Like Pick 96, but new date.

Anyone interested in buying one of these notes can contact the contributor by clicking the link below. Be sure to say you saw it mentioned here on Banknotenews.com.

Courtesy of banknoteshop@gmx.net.

Iraq to redenominate notes by end of 2010

According to a report on Radio Free Iraq dated 6 February 2010, the Central Bank of Iraq “is planning to redenominate the national currency in an effort to ease transactions and allow people to carry less paper money. Mudhhir Muhammad Salih, a member of a Central Bank advisory panel, told RFI that a plan has been made to remove three zeros from the currency and phase out the current banknotes late this year. Salih said by the end of 2010 the new banknotes will be fully introduced while the old banknotes will be gradually removed from circulation. He did not specify when the new notes would be issued. Both will be legal tender in Iraq until the old notes are completely withdrawn.”