Iraq has made official its new dinar, money without the stark image of captured dictator Saddam Hussein, after a three-month exchange period.
More than 10,000 tons of the old notes with Saddam's portrait are to be destroyed amid a massive logistical effort throughout the country. The Coalition Provisional Authority began working in July with the Central Bank in Iraq to produce the new currency.
Since the Iraqi currency exchange on October 15, the new dinar's value has grown by 25 percent. On the street, the money is exchanging about 1,000 dinars to the dollar.
http://www.cnn.com/2004/WORLD/meast/01/ ... index.html
Good thing I got some bank notes before Gulf War II started!
