: Following the Gulf War and UN sanctions, the "Saddam Dinar" was printed on low-quality paper. Hyperinflation caused its value to plummet; by 1995, it traded at roughly 3,000 dinars per $1.
: A persistent online community promotes the theory of an imminent "Global Currency Reset," claiming the IQD will suddenly return to its pre-1990 value (over $3.00). IRAQ DINAR
: The CBI has repeatedly denied these rumors, stating it has no intention to change the exchange rate. : Following the Gulf War and UN sanctions,
: Budget deficits and the high cost of public sector payrolls have occasionally forced the government to consider devaluations to manage liquidity. it traded at roughly 3