Wednesday, April 30, 2025

THE 25,000 DENOMINATION ACCOUNTS FOR THE LARGEST SHARE OF BANKNOTES IN IRAQ

THE 25,000 DENOMINATION ACCOUNTS FOR THE LARGEST SHARE OF BANKNOTES IN IRAQ

Revealed by the economic expert Manar Al-Abidi Today, Sunday, the 25,000 category still accounts for the largest proportion of banknotes in Iraq.

Al-Obaidi mentioned in a post on Facebook the number of banknotes issued by the Central Bank during January 2025 amounted to 6 billion banknotes, with a value of 100.3 trillion Iraqi dinars, an increase of 4.7% compared to January 2022, when the number of banknotes issued amounted to 5.7 billion banknotes, with a value of 78.2 trillion dinars.

 
He added that the largest increase was in the 50,000 denomination, which saw a 167% increase in circulation to 792 million banknotes, compared to 295 million banknotes issued in January 2022.

The 5,000 dinar denomination saw a 22% decrease in circulation to 754 million banknotes, compared to 973 million in January 2022.

The 10,000 dinar denomination also decreased by 10%, as did the 25,000 dinar denomination, which decreased by 1.65%.

F.Y.I. according to Al-Obaidi, the 25,000 dinar denomination still accounts for the largest share of banknotes, accounting for 32%, followed by the 10,000 dinar denomination at 13.5%, and the 250 dinar denomination at 13.44%.

The number of banknotes issued by the Central Bank during January 2025 reached 6 one billion banknotes were worth 100. 4 One trillion Iraqi dinars is up by the percentage of 3 5 % of January 2022 which were the banknotes issued by 7 7 One billion papers worth 78 2 Trillion Dinars

The biggest increase was in the 50 thousand category, whose numbers rose by 167% to reach 792 million banknotes against 295 million banknotes issued in January 2, 2022

As for 5 thousand dinars, export numbers decreased by 22% to 754 million papers against 973 million papers in January 2022

The number of papers from the 10 thousand category decreased by 10%, as well as from the 25 thousand category, which decreased by 1 65%

The 25 thousand category still occupies the largest percentage of the number of banknotes, at a percentage of 32%, followed by the category of 10 thousand dinars at 13. 5 % Then the 250 dinars category is 13. 44%


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