1 Dinar

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.