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At this point, the UN, IMF, WB and US combined to limit the value of the dinar to less than 1/10 of a cent to prevent looting and counterfeiting.The US Treasury was commissioned to print multiple billions of US currency, specific to Iraq so as to easily identified as different from that used elsewhere in the world.Following the deposition of Saddam Hussein in the 2003 invasion of Iraq, the Iraqi Governing Council and the Office for Reconstruction and Humanitarian Assistance began printing more Saddam dinar notes as a stopgap measure to maintain the money supply until new currency could be introduced.Between 15 October 2003, and 15 January 2004, the Coalition Provisional Authority issued new Iraqi dinar coins and notes, with the notes printed by the British security printing firm De La Rue using modern anti-forgery techniques to "create a single unified currency that is used throughout all of Iraq and will also make money more convenient to use in people's everyday lives".From 1947, the banknotes were issued by the National Bank of Iraq, then after 1954 by the Central Bank of Iraq.100 dinars notes ceased production in the 1940s, however, the same denominations were used until 1978, when 25 dinars notes were introduced.For a wider history surrounding currency in the region, see British currency in the Middle East.In response to the growing concerns with fraud and scams related to investment in the Iraqi dinar, State agencies such as Washington state, These alerts warn potential investors that there is no place outside Iraq to exchange their dinar, that they are typically sold by dealers at inflated prices and that there is little to substantiate the claims of significant appreciation of their investment due to revaluation of the currency. Bronze substituted nickel in the 5 and 10 fils from 1938 to 1943 during the World War II period and reverted to nickel in 1953.



The previously produced notes became known as the Swiss dinar and continued to circulate in the Kurdish region of Iraq.These so-called "money service" companies will sell dinar to speculators at an inflated price and push the idea that the dinar will "RV" or be revalued to greatly increase the exchange rate against the dollar.As of January 2016 The current exchange rate is published by the Central Bank of Iraq on its English-language home page. There is considerable confusion (perhaps intentional on the part of dinar sellers) around the role of the International Monetary Fund in Iraq.They are sparse in design and depict an abstract map of Iraq and the main rivers.