1/4 Dinar

Iraq's currency administration in 1941 operated under the Iraqi Currency Board, a London-controlled body established under the 1931 Currency Law — meaning this note, though issued in the name of the Iraqi government, was effectively a product of British imperial monetary management. The quarter dinar denomination was introduced to meet demand at the lower end of transactions, where the full dinar was too large for everyday use.

De La Rue printed the series under wartime conditions; the German bombing campaign against London was still active in 1941, and the firm had relocated portions of its production to reduce risk of total press loss.