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June 22, 2005

Topic: Daily Life
On October 15, 2003, the U.S. Coalition Provisional Authority began issuing a "new Iraqi dinar" to replace Iraq’s old currency, which were smothered with pictures of Saddam. The new Iraqi dinar also replaced the unofficial currency used in the North of Iraq, which some people affectingly called the "Swiss dinar." The Coalition Provisional Authority burned all the old currency turned in by Iraqis.

Most Americans living inside the Green Zone never use the new Iraqi dinar. Inside the Green Zone, American dollars are used at the military post exchange, Burger King, almost every local restaurant, the U.S. Embassy souvenir shop, the liquor stores, rug shops, and every bootleg DVD store. Even the British bar Ocean Cliffs, located inside a housing complex controlled by the British Embassy, accepts the American greenback.




Posted by alohafromtim at 11:36 PM EDT
Updated: June 22, 2005 11:40 PM EDT
Post Comment | View Comments (2) | Permalink

June 23, 2005 - 7:23 AM EDT

Name: MC Conditionah

Who's the bearded wonder, and how many dinars is that bill?

On a related note, I heard a similar story on NPR recently, here's the link:
http://www.npr.org/templates/story/story.php?storyId=4673945

Apparently, both the northern government and southern rebels of Sudan are now both printing their own currency. Interesting story, I'd say give it a listen.

June 24, 2005 - 9:56 AM EDT

Name: alohafromtim

This a 10,000 dinar bill. The number is in the upper corners. The Arabic number for one looks like a slightly slanted I and the little dots are zeros.

10,000 dinars is worth about 7 U.S. dollars.

I have no idea who the guy is on the bill.

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