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.

Date	Jul 06
£1.00=	IQD2,709.42
$1.00=	IQD1,488.55

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

The following goods may be imported into Iraq without incurring customs duty:
200 cigarettes or 50 cigars or 250g tobacco; one bottle of wine and one bottle of spirits with a total volume of not more than 1l; 500ml of perfume (two small opened bottles); gifts to the value of ID10.

(a) The total value of the above goods may not exceed ID100. (b) Travellers who have not left the country within 120 days must report to customs.

Electrical appliances other than personal effects, souvenirs in quantities considered to have commercial value, many types of fruits and plants.