The Euro is the official currency of 18 Eurozone countries. The currency is managed by the European Central Bank (ECB) based in Frankfurt in collaboration with the Eurosystem. Despite being a modern currency, it is already the second largest reserve currency and second most traded in the world. The Euro coins come in denominations of 1c, 2c, 5c, 10c, 20c, 50c, €1 and €2. Euro banknotes are available as €5, €10, €20, €50, €100, €200 and €500. All Euro coins have a common side which shows the amount and a map of Europe. On the reverse, each country has their own variation which represents their culture. Despite these differences, all Euro coins are valid in all Eurozone countries. The Euro banknotes are the same on both sides in all Eurozone countries. They were designed by an Austrian, Robert Kalina, and each denomination has its own color and represents a historic period of European architecture with windows and gates on the front and bridges on the reverse.
Euro to Iraqi dinar conversion
this page last updated:: Thr 28 Sep 2017Euro to Iraqi dinar table - Click here for table options
Prior to the Gulf War the Dinar was sometimes referred to as the Swiss Dinar because it was printed in Switzerland. During the 1990’s, following the first Gulf War, bank notes were printed in China with a low quality paper and wood pulp rather than the cotton or line paper that was used by the Swiss. This actually lead to counterfeit banknotes being better quality than the real banknotes.