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1/2 Dinar
| Issuer | Central Bank of Iraq |
|---|---|
| Year | 1980-1985 |
| Type | Standard circulation banknote |
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| Composition | Log in to see details |
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| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | البنك المركزي العراقي نصف دينار ورقة تقديمها صادر وفق موجبات القانون عزل البنك المركزي العراقي |
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| Protection type | Watermark |
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| Comments |
Pick 68 covers the issue period spanning the opening years of the Iran-Iraq War, a conflict that placed enormous strain on Iraq's foreign currency reserves and forced the government to tighten import controls while simultaneously ramping up military expenditure. Small-denomination notes like this half-dinar remained in heavy everyday circulation throughout, absorbing the wear of a wartime economy that had little room for routine currency replacement.
The watermark is the sole security feature — no security thread, no fluorescent inks. For a central bank note of this period, that is notably sparse, reflecting either cost constraints or a judgment that low-value denominations weren't worth protecting against sophisticated forgery.