The currency of Iraq is the Iraqi Dinar issued by the Central Bank of Iraq. It is subdivided into 100 Iraq fils. The Iraqi Dinar was introduced in 1932 and replaced the Indian rupee, which had been the official Iraqi currency since British occupation.
Round 1 and 2 fils in bronze, scalloped 4 and 10 fils in nickel, and 20, 50 and 200 fils in 50% silver were introduced in 1931 and 1932. The 200 fils coin is also called rial. Bronze replaced nickel in the 5 and 10 fils from 1938 to 1943 during the World War II period and reverted to nickel in 1953. Silver 100 Iraq fils coins were introduced in 1953. These coins first depicted King Faisal I from 1931 to 1933, King Ghazi from 1938, and King Faisal II from 1943 until the end of the kingdom.
The establishment of Iraqi Republic brought in new Iraq coins in 1, 5, 10, 25, 50, and 100 fils, with the 25, 50, and 100 fils in silver until 1969. Iraq coin production ceased after 1990 due to the emergency conditions generated by Gulf War. In 2004 new Iraq coins of 25, 50 and 100 dinar coins were introduced in bronze, brass, and nickel-plated steel respectively. They were sparse in design and depicted an abstract map of Iraq and the main rivers.