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1/2 Dinar

Issuer Central Bank of Iraq
Year 1973
Type Standard circulation banknote
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Obverse description The central vignette presents a cement factory with tall industrial chimneys and large cylindrical kilns, rendered in intaglio against a multicolour guilloche underprint. Arabic inscriptions identifying the issuing authority البنك المركزي العراقي and the denomination نصف دينار appear above and below the vignette. The serial number is printed twice, at the lower left and upper right, with ornamental guilloche rosettes filling the corners.
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Protection type Watermark
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Comments

Iraq's half-dinar note of 1973 belongs to a series issued shortly after the Ba'ath Party consolidated power following the 1968 coup, a period when the Central Bank was being actively restructured to align with the new government's economic program. Thomas De La Rue handled the full series, as they had done for Iraqi currency since the monarchy period — an institutional relationship that outlasted several regime changes.

The watermark remains the primary security feature, consistent with De La Rue's output for smaller-denomination notes of this period where more elaborate security printing was not considered cost-effective.