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| Issuer | Central Bank of Iraq |
|---|---|
| Year | 1994 |
| Type | Standard circulation banknote |
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| Obverse description | Dark blue on light blue and pale ochre underprint. Central vignette of Al-Ukhether Castle set against fine guilloche work, with a portrait of Saddam Hussein at right. Denomination and issuing authority inscriptions appear in both Arabic and Latin scripts. |
|---|---|
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| Variants | P#84a1 - white paper Diacritical mark position P#84a2 - brown paper Diacritical mark position P#84b - Diacritical mark position |
| Comments |
Iraq's 1994 note issues came during the deepest phase of the UN sanctions regime, when the dinar had collapsed from its prewar official rate of roughly $3 to fractions of a cent on the parallel market. The government kept printing to cover deficits, and by mid-decade the money supply had expanded so dramatically that even high-denomination notes had negligible purchasing power.
P#84 carries only a basic watermark for security — a reflection of both degraded printing infrastructure and international restrictions on importing sophisticated currency technology into Iraq at the time.