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The Iraqi Dinar In A Nutshell

The Iraqi dinar (pronounced: di-'när) is the legal currency of Iraq.Old Iraqi dinarThe Iraqi dinar was introduced into circulation in 1931 and was at par with the Pound sterling. The Iraqi dinar replaced the Indian rupee that was the official currency at the time of the British occupation in World War I. After the 1958 coup d'etat, the Iraqi dinar was dissociated from the Pound sterling, but continued to have a very high value.After the Gulf War in 1991 and due to...

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