Iraqi Currency

Iraqi Dinar has been hit very hard by the unmerciful imposed sanctions, the value of the Iraqi Dinar has dropped 6000 folds against the American dollar for example:

(1 Dinar) Iraqi Dinar was equivalent to ($3.3 Dollars)

today (2000 Dinars) are equivalent to ($1) Dollar..! 

So if you were an Iraqi Millionaire and had 2 Million Dinars in your bank account before the Sanctions that would equate to $6.6 Million Dollars, however  today that would equal $1000 Dollars, that is correct this is not a typing error, Only One Thousand Dollars.

I don't know about you but if my hard earned $12,000.00 (child college fund) is only worth $2.00 by the time my 9th grade child is ready to go to college, I would be devastated.  All I got to say is God help these poor people in Iraq I don't know how they are making ends meet..!

  Pictures of Iraqi Currency

   Last used in October 2003

Iraqi Dinar from 1932