What currency is used in Iraq?
Posted on Oct 21, 2025 / Finance
Iraq uses the Iraqi dinar, written as IQD. It has been the country’s official currency since 1932, with modern notes introduced over time. Banknotes feature national landmarks, cultural symbols, and important historical figures. Cash dominates daily transactions, though cards are accepted in some banks and major businesses. The dinar’s value can fluctuate with political and economic conditions. Exchange offices and banks handle foreign currencies for travelers. The Iraqi dinar is central to Iraq’s economy and national identity.
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