Iraqi Swiss dinar

Infobox Currency
currency_name_in_local =
image_1 = Swiss Dinar front.jpg|250px|thumb|right|The 1986 Iraqi "Swiss" dinar - obverse
image_title_1 = The 1986 Iraqi "Swiss" dinar
iso_code = IQD
using_countries = Iraq under Saddam Hussein
symbol =
frequently_used_coins =
rarely_used_coins =
used_banknotes = dinars
issuing_authority = Central Bank of Iraq

Swiss dinar is a term used to describe the Iraqi currency printed in Switzerland prior to the 1990 Gulf War with the United States. After the war, subject to economic sanctions authorised by United Nations resolutions, continued importing of the Swiss made currency was prohibited, and the Central Bank of Iraq began domestic printing of a new Iraqi dinar.

After a change-over period, the Iraqi government disendorsed the old currency and it ceased to be legal tender. However, the old currency still circulated in the politically isolated Kurdish regions of Iraq until it was replaced more than a decade later following the 2003 invasion of Iraq. During this inter-war period the Swiss dinar retained its market value, while the new replacement Iraqi currency consistently lost value (sometimes at 30% per year).

During this period the Swiss dinar was endorsed by no central authority or government (in fact it was a disendorsed currency) and was not redeemable by any issuing agent, or backed by any commodity. Its persistent and sustained market value derived purely from its utility as a culturally accepted medium of exchange. As such it is often cited in economic discussions about money and the origin of money's value.

Following the 2003 invasion, Coalition Provisional Authority installed by the United States created another new currency, making the post-1991 Iraqi-dinar, and the Swiss dinar redeemable for exchange.

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