Islamic State dinar
Currency of the Islamic State (2014–2019) / From Wikipedia, the free encyclopedia
This article is about the Islamic State currency. For the medieval Islamic currency, see Gold dinar.
The Islamic State dinar (Arabic: دينار الدولة الإسلامية), or simply the gold dinar,[1] was the official currency of the Islamic State from 2014 to 2019. Subdivided into dirhams and fulûs, it was modelled after the historical gold dinar that was first introduced in the Muslim world during the time of the Umayyad Caliphate. In 2016, one Islamic State dinar had an effective exchange rate of US$190 or £91, though it did not gain traction outside of the Middle East due to the Islamic State conflict, as the international community did not recognize the Islamic State's sovereignty and designated it as a terrorist organization.[3][4]
Quick Facts دينار ذهبي (Arabic), Denominations ...
دينار ذهبي (Arabic) | |
---|---|
Denominations | |
Banknotes | None |
Coins | 1, 5 dinars 1, 5, 10 dirhams 10, 20 fulûs |
Demographics | |
Replaced by | Iraqi dinar and Syrian pound |
User(s) | Islamic State |
Issuance | |
Central bank | Diwan Bayt al-Mal[2] |
This infobox shows the latest status before this currency was rendered obsolete. |
Close