The new Iraqi Dinar was introduced in October 2003. Iraqi Dinar (IQD) = 20 dirhams = 1000 fils. Notes are in denominations of IQD25,000, 10,000, 5000, 1000, 500, 250 and 50. Coins are in denominations of IQD100 and 25. This information is subject to frequent change in the current conditions.

Foreign currency can be used at special duty-free shops in Baghdad up to a value of US$200. To obtain this concession, goods must be purchased within 20 days of arrival and passports must be produced.

Not widely used.

These are not generally accepted.

The import of local currency is allowed up to IQD25 and export up to IQD5. The import of foreign currency is unlimited, provided declared on arrival. The export of foreign currency is limited to the amount imported and declared.

Sat-Wed 0800-1230, Thurs 0800-1100. Banks close at 1000 during Ramadan.