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| Issuer | Government of Iraq |
|---|---|
| Year | 1940 |
| Type | Standard circulation banknote |
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| Currency | Log in to see details |
| Composition | Log in to see details |
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| Printer | Log in to see details |
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| Engraver(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | Log in to see details |
| Reverse lettering | GOVERNMENT OF IRAQ FIVE DINARS CURRENCY NOTE ISSUED AND CONVERTIBLE INTO STERLING, IN ACCORDANCE WITH THE PROVISIONS OF LAW NO 44 OF 1931 BRADBURY WILKINSON & CO ENGRAVERS AND PRINTERS NEW MALDEN SURREY ENGLAND |
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| Protection type | Log in to see details |
| Protection description | Portrait watermark of King Ghazi I, visible in the blank oval area on the left of the obverse |
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| Comments |
Iraq's paper currency in 1940 was issued not by a central bank but by the Currency Board system established under the British Mandate — meaning this note was ultimately backed by sterling reserves held in London, a colonial-era arrangement that persisted well into the independent state's early decades. Bradbury Wilkinson, a firm with a long pedigree in high-security intaglio work, handled the printing, as they did for much of the Iraqi series through this period.
The 1940 issue came during a politically volatile stretch: the following year saw the short-lived Rashid Ali coup and a brief war with Britain, after which the currency board structure was reasserted under firmer Allied control.