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100 Dinars

Issuer Iraq Currency Board
Year 1931
Type Standard circulation banknote
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Reverse description The reverse is printed in blue on white paper with an elaborate guilloche border frame. The large circular vignette at left bears the inscription '100 DINARS' within an intricate lathe-work design. Central text states the note's legal authority and convertibility into sterling, with the issue date 'BAGHDAD, 1st July, 1931.' printed in a cartouche. Two facsimile signatures appear at the bottom centre on behalf of the Iraq Currency Board, with value numerals '100' repeated in each corner.
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Protection description Portrait watermark of King Faisal I, visible in the blank circular void at left on the obverse
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The Iraq Currency Board was a British-administered body established under the terms of the 1931 Iraqi Dinar Law, which tied the new dinar to sterling at a fixed one-to-one parity. This note was issued just as Iraq was preparing for formal independence — the British Mandate ended in October 1932, meaning notes from this 1931 series circulated into a country that had technically become sovereign before the series was retired.

Bradbury Wilkinson's New Malden facility was the dominant supplier of colonial and mandate currency for British-administered territories throughout this period. Hilton-Young, one of the signatories here, chaired the 1925 commission that recommended East Africa adopt a gold-standard currency — his name on Iraqi paper is a reminder of how few individuals administered British monetary policy across an enormous geographic spread.