With the end of the British Rule, the Indian Rupee was replaced by the Iraqi Dinar as the official currency of Iraq on 1st April 1938. Initially, the Iraqi Dinar was pegged with the British Sterling; however, by 1959, the peg was shifted to the US Dollar. The Iraqi currency includes 250, 500, 1000, 5000, 10,000, 25,000, and 50,000 banknotes. Their currency also includes ID25, ID50, and ID100 coins which are usually minted in bronze, nickel-plated steel, and brass. Due to various wars and US sanctions, the Iraqi Dinar has lessened in value. Despite all of this, you can still buy or sell Iraqi Dinar. However, keep in mind that notes with Saddam Hussian’s images or banknotes that are below 250 in value are useless. If you want to travel to Iraq, you should get a hold of Iraqi Dinars through your local exchange centres. This is to ensure you get the best deal through the local markets.