25 Dinars

Iraq issued this denomination during the opening years of the Iran-Iraq War, a conflict that began in September 1980 and would eventually force significant changes to the country's currency management. The 25 Dinar note entered circulation as wartime spending was beginning to strain public finances, though outward signs of fiscal stress wouldn't appear in the banknote series for several more years.

The Ba'athist government maintained relatively controlled inflation through the early 1980s, propped up by oil revenues and Gulf state loans. Notes from this period circulated hard and often show significant wear as a result.