Iraq's quarter-dinar denomination had a short practical lifespan — by the 1980s, inflation driven by the costs of the Iran-Iraq War had effectively made low-value fractional notes obsolete in everyday commerce. This 1979 issue was printed in the final years before that fiscal pressure took hold, just as oil revenues were still sustaining a relatively stable dinar.
Thomas De La Rue's contract with the Central Bank of Iraq during this period was long-standing, though Iraq would later diversify its printing arrangements under sanctions-era constraints that made London suppliers inaccessible.
Iraq's quarter-dinar denomination had a short practical lifespan — by the 1980s, inflation driven by the costs of the Iran-Iraq War had effectively made low-value fractional notes obsolete in everyday commerce. This 1979 issue was printed in the final years before that fiscal pressure took hold, just as oil revenues were still sustaining a relatively stable dinar.
Thomas De La Rue's contract with the Central Bank of Iraq during this period was long-standing, though Iraq would later diversify its printing arrangements under sanctions-era constraints that made London suppliers inaccessible.