Due to sanctions placed on Iraq by the United States and the international community and excessive government printing of the new notes issue, the dinar devalued quickly, and in late 1995, US $1 was valued at 3,000 dinars.
The dinar devalued quickly. This was due to sanctions placed on Iraq by the United States. This was due to the international community and excessive government printing of the new notes issue. US $1 was valued at 3,000 dinars. This was due to sanctions. These sanctions were placed on Iraq by the United States. This was in late 1995. These sanctions were placed on the international community and excessive government printing of the new notes issue. This was in late 1995.