50 Notes of Iraq 25000 Dinar Red Note - Uncirculated to AU Condition and Mixed dates - Group of 50 Foreign Paper Money

50 notes of Iraq 25000 dinar red note. Uncirculated to AU condition and mixed dates. Group of 50 foreign paper money notes.

On March 16, 1932, the Iraqi government introduced banknotes in denominations of 1/4, 1/2, 1, 5, 10, and 100 dinars. These notes were produced in the United Kingdom by Bradbury, Wilkinson & Co. Between 1932 and 1947, the Iraqi currency board was responsible for issuing these banknotes on behalf of the government of Iraq, and they were convertible into pound sterling. Starting in 1947, the National Bank of Iraq took over the issuance of banknotes, which was later transferred to the Central Bank of Iraq in 1954. The production of 100 dinar notes was discontinued in the 1940s; however, the same denominations remained in circulation until 1978, when 25 dinar notes were introduced.

In 1991, 50 dinar notes were launched, and 100 dinar notes were reintroduced. Subsequently, 250 dinar notes were introduced in 1995 and 10,000 dinar notes in 2002. Banknotes issued between 1990 and October 2003, along with a 25 dinar note released in 1986, featured an idealized engraving of former Iraqi President Saddam Hussein. Following the Gulf War in 1991, Iraq’s currency was printed both domestically and in China. This printing utilized low-quality wood pulp paper instead of cotton or linen and employed inferior lithography techniques. Notably, some notes were reportedly produced on presses originally intended for newspaper printing.