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100 Dinars Emergency Gulf War Issue

Issuer Central Bank of Iraq
Year 1990
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Size 174 × 79 mm
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Obverse lettering ١٠٠
(Translation: 100)
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Reverse lettering Central Bank of Iraq
One Hundred Dinars
100
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Comments

Iraq's regular banknote supply chain collapsed under the weight of UN sanctions imposed after the August 1990 invasion of Kuwait. This emergency issue was produced domestically rather than by Iraq's usual foreign contractors — De La Rue had handled earlier series — and the shift shows in the print quality, which is noticeably coarser than pre-sanctions issues.

The print run of just over twelve million is modest for a country experiencing severe wartime inflation. Within two years, denominations of this size had become almost irrelevant as hyperinflation took hold and the "Swiss dinar" / "Saddam dinar" currency split effectively created two separate monetary zones inside Iraqi territory.