15/10/2018: Government Formation
The formation of a new Iraqi government after parliamentary elections brought hopes of stability and potential economic growth, positively impacting the Iraqi dinar.
10/06/2014: ISIS captures Mosul
The capture of Mosul by ISIS led to a further devaluation of the Iraqi dinar and economic instability in the region.
31/12/2004: Return to the boliviano
Bolivia ended the dollarization period and officially reintroduced the boliviano as the sole legal tender of the country.
15/10/2004: Introduction of New Iraqi Dinar
A new series of banknotes with enhanced security features was introduced to replace the previous Iraqi dinar notes.
31/12/2003: Dollarization crisis
Bolivia experienced a financial crisis, leading to the temporary dollarization of the economy and the use of the US dollar as legal tender.
20/03/2003: US-led Invasion of Iraq
The US-led invasion led to the collapse of the Iraqi government, causing instability and a sharp decline in the value of the Iraqi dinar.
02/08/1990: Iraq invades Kuwait
Iraq's invasion of Kuwait resulted in international economic sanctions and further devaluation of the Iraqi dinar.
31/03/1988: Bolivianoization
Bolivianoization was implemented, requiring all contracts and transactions to be conducted in bolivianos instead of foreign currencies.
28/02/1987: Introduction of the second boliviano
A new boliviano, known as the second boliviano (Boliviano de Segunda), was introduced to replace the heavily devalued first boliviano.
31/01/1986: Hyperinflation crisis
Bolivia experienced a severe hyperinflation crisis, leading to the devaluation of the boliviano.
22/09/1980: Iran-Iraq War Begins
The Iran-Iraq war started, leading to significant economic challenges and inflation which impacted the Iraqi dinar.
31/12/1962: Monetary reform
The boliviano underwent a monetary reform, with new banknotes and coins being issued.
03/10/1932: Independence of Iraq
The Iraqi dinar was introduced as the official currency of Iraq following its independence from British occupation.
31/12/1891: Introduction of Bolivian boliviano
The boliviano was introduced as the official currency of Bolivia, replacing the Bolivian peso.