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1 Dinar

Issuer Central Bank of Iraq
Year 1992
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Reference(s) P#79
Obverse description Green and blue-black on multicolour underprint. A central vignette reproduces an ancient Iraqi gold coin design set within elaborate guilloche work, flanked by arabesque ornamental scrollwork. The issuer's name in Arabic appears at top, with the denomination in Arabic script at right within a decorative cartouche, serial numbers in Arabic-Indic numerals at left and lower left, and a manuscript governor's signature below.
Obverse lettering البنك المركزي العراق
دينار واحد
ورقة نقدية صادرة موجب القانون
عن البنك المركزي العراقي
الحافظ
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Comments

Iraq's 1992 dinar issues appeared as the country was absorbing the economic consequences of the Gulf War and the UN sanctions regime that followed. The Central Bank was producing notes under severe import restrictions, which affected ink and paper sourcing — later notes in this period show measurable quality degradation compared to the pre-war Swiss-printed series.

P#79 belongs to a transitional run that quietly dropped the higher printing standards Iraq had maintained through the 1970s and 1980s. Within two years, the government would be issuing the infamous "Saddam dinars" at a pace that rendered smaller denominations like this one effectively worthless in daily transactions.