1/2 Dinar

Iraq's 1993 low-denomination notes were issued under conditions of severe economic deterioration following the Gulf War and the UN sanctions regime imposed in 1990. The half-dinar had almost no practical purchasing power by the time it was printed — hyperinflationary pressure had already rendered small denominations functionally worthless in daily transactions, and this note was largely a formality of issuance rather than a working instrument of commerce.

The series was printed domestically, a shift forced by sanctions that cut off Iraq's previous access to foreign security printers. Quality control suffered noticeably as a result.