1 2024 in the latest push to curb the misuse of its hard currency reserves in. the iraqi dinar is the currency of iraq. The iraqi dinar is issued by the central bank of iraq. On 7 february 2023, the exchange rate with the us dollar was us$1 = 1300 dinars. iraq's cabinet approved a currency revaluation on tuesday and set the exchange rate at 1,300 dinars per u. s. Dollar, the state news agency reported. iraq revalued its currency just over two weeks after replacing the central bank governor as part of an effort to stabilize the foreign exchange market.
