CHAPPIDI ABHIRATH REDDY
C/O COL GKS REDDY
Secunderabad - 500 015.
Bahrain coins
The dinar (Arabic: دينار Dīnār Baḥrainī) (sign: .د.ب or BD; code: BHD) is the currency of Bahrain. It is divided into 1000 fils (فلس). The name dinar derives from the Roman denarius. The dinar was introduced in 1965, replacing the Gulf rupee at a rate of 10 rupees = 1 dinar. The Bahraini dinar is abbreviated .د.ب (Arabic) or BD (Latin). It is usually represented with three decimal places denoting the fils.
In 1965, coins were introduced in denominations of 1, 5, 10, 25, 50 and 100 fils. The 1, 5 and 10 fils were struck in bronze, with the others in cupro-nickel. The 1 fils coin was not produced after 1966 and no longer circulates. In 1992, brass replaced bronze in the 5 and 10 fils and a bimetallic 100 fils coin was introduced. A bimetallic 500 fils followed in 2000. Note that the Central Bank of Bahrain discontinued the Bimetallic 500 fils after the revolution of Bahrain on 14 Feb 2011.
My Collection of Bahrain Coins
Five Fils - Bahrain - Copper - 1965
Five Fils - Bahrain - Cupro Nickel - 1992
Ten Fils - Bahrain - Copper - 1965
Ten Fils - Bahrain - Copper - 2000
Twenty Five Fils - Bahrain - Cupro Nickel - 1965
Iran Coins
The Iranian rial (in Persian: ریال ایران ; ISO 4217 code IRR) is the currency of Iran and, as of 2014, remains the world's least valued currency unit.
The name derives from the Portuguese real (meaning royal in Portugal), which was for several centuries the currency in Portugal (derived from Latin regalis [regal]).
Although the "toman" is no longer an official unit of Iranian currency, Iranians commonly express amounts of money and prices of goods in "tomans." For this purpose, one "toman" equals 10 rials. Despite this usage, amounts of money and prices of goods are virtually always written in rials. For example, the sign next to a loaf of bread in a store would state the price in rials, e.g., "10,000 Rials," even though the clerk, if asked, would say that the bread costs "1,000 tomans.". There is no official symbol for the currency but the Iranian standard ISIRI 820 defined a symbol for use on typewriters (mentioning that it is an invention of the standards committee itself) and the two Iranian standards ISIRI 2900 and ISIRI 3342 define a character code to be used for it. The Unicode Standard has a compatibility character defined U+FDFC ﷼ rial sign (HTML ﷼). The Iranian rial was devalued in July 2013.
My Collection of Iran Coins
One Rial - Iran - Nickel - SH 1358
One Rial - Iran - Copper - SH 1359
Two Rials - Iran - Nickel - SH 1323
Five Rials - Iran - Nickel - 1337
Five Rials - Iran - Nickel - 1351
Iraq Coins
The dinar (Arabic pronunciation: [diːˈnɑːr]) (Arabic: دينار, Kurdish: دینار) (sign: د.ع; code: IQD) is the currency of Iraq. It is issued by theCentral Bank of Iraq and is subdivided into 1,000 fils (فلس), although inflation has rendered the fils obsolete.
The dinar was introduced into circulation in 1932, by replacing the Indian rupee, which had been the official currency since the British occupation of the country in World War I, at a rate of 1 dinar = 11 rupees. The dinar was pegged at par with the British pound until 1959 when, without changing its value, the peg was switched to the United States dollar at the rate of 1 dinar = 2.8 dollars. By not following the devaluations of the U.S. currency in 1971 and 1973, the dinar rose to a value of US$3.3778, before a 5 percent devaluation reduced the value of the dinar to US$3.2169, a rate which remained until the Gulf War, although in late 1989, the black market rate was reported at five to six times higher (3 dinars for US$1) than the official rate.
After the Gulf War in 1991, due to UN sanctions, the previously used Swiss printing was no longer available. A new, inferior quality notes issue was produced. The previous issue became known as the Swiss dinar and continued to circulate in the Kurdish region of Iraq. Due to sanctions placed on Iraq by the United States and the international community and excessive government printing of the new notes issue, the dinar devalued quickly, and in late 1995, US$1 was valued at 3,000 dinars.
Following the deposition of Saddam Hussein in the 2003 invasion of Iraq, the Iraqi Governing Council and the Office for Reconstruction and Humanitarian Assistance began printing more Saddam dinar notes as a stopgap measure to maintain the money supply until new currency could be introduced.
Between October 15, 2003, and January 15, 2004, the Coalition Provisional Authority issued new Iraqi dinar coins and notes, with the notes printed by De La Rue using modern anti-forgery techniques , to "create a single unified currency that is used throughout all of Iraq and will also make money more convenient to use in people’s everyday lives". Old banknotes were exchanged for new at a one-to-one rate, except for the Swiss dinars, which were exchanged at a rate of 150 new dinars for one Swiss dinar.
Since Iraq has few exports other than oil which is sold in dollars there is little demand for Dinars and they remain in "exotic" status. However the new currency has sparked a multi-million dollar industry in selling dinars to speculators. These so-called "money service" companies will sell Dinar to speculators at an inflated price and push the idea that the dinar will "RV" or be revalued to greatly increase the exchange rate against the dollar. The Dinar is currently pegged to the dollar at a rate of 1166/1164 (sell/buy) dinars per dollar as can be seen on the home page. The exchange rate reportedly available on the streets of Iraq is around 1,200 dinars per U.S. dollar.
There is considerable confusion (perhaps intentional on the part of Dinar sellers) around the role of the International Monetary Fund in Iraq. The IMF as part of the rebuilding of Iraq is monitoring their finances and for this purpose uses a single rate (not a sell/buy) of 1170 dinars per dollar. This "program rate" is used for calculations in the IMF monitoring program and is not a rate imposed on Iraq by the IMF.
My Collection of Iraq Coins
One Fil - Iraq - Copper - 1936
Five Fils - Iraq - Nickel - 1971
Twenty Fils - Iraq - Cupro Nickel - 1938
Note - Some of the images of coins in my collection, have been taken from the Gallery to the extent available, to save on time & effort involved in photography & editing.
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