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500 Dinars

Issuer Central Bank of Iraq
Year 2015-2018
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Value 500 Dinars (دنانير)
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Obverse lettering بنك العراق المركزي
خمسمائة دينار
500
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Reverse lettering Central Bank of Iraq
Five Hundred Dinars
بنك العراق المركزي
خمسمائة دينار
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Comments

The 500 Dinar denomination sat awkwardly in Iraq's post-2003 currency structure — too low to be practical for most transactions in an economy where inflation had permanently repriced daily life, yet retained in circulation as the government rebuilt denominations from scratch after the Coalition Provisional Authority's 2003 currency reform wiped out the Saddam-era "Swiss dinar" and "print dinar" divide. Thomas De La Rue's involvement continued the long relationship between London security printers and Iraqi currency production that predates the republic itself.

P#98A represents a later print run within the redesigned series, distinguishable from earlier emissions by subtle registration and security thread placement differences that catalogers still debate.