This article is about the Islamic State currency. For the medieval Islamic currency, see Gold dinar.
Gold dinar
دينار ذهبي(Arabic)
Dinar coins from an ISIL propaganda video, 2014[1]
Denominations
Banknotes
None
Coins
1, 5 dinars 1, 5, 10 dirhams 10, 20 fulûs
Demographics
Replaced by
Iraqi dinar and Syrian pound
User(s)
Islamic State
Issuance
Central bank
Diwan Bayt al-Mal[2]
This infobox shows the latest status before this currency was rendered obsolete.
The Islamic State dinar (Arabic: دينار الدولة الإسلامية), or simply the gold dinar,[1] was the official currency of the Islamic State from 2014 to 2019. Subdivided into dirhams and fulûs, it was modelled after the historical gold dinar that was first introduced in the Muslim world during the time of the Umayyad Caliphate. In 2016, one Islamic State dinar had an effective exchange rate of US$190 or £91, though it did not gain traction outside of the Middle East due to the Islamic State conflict, as the international community did not recognize the Islamic State's sovereignty and designated it as a terrorist organization.[3][4]
^ ab"The Rise of the Khilafah and the Return of the Gold Dinar". Islamic State. 2015.
^Sabah, Alexander, Zaid, Caroline (2015-08-29). "Islamic State Flips Gold Coins to Break Fed 'Enslavement". www.bloomberg.com. Retrieved 2021-11-11.{{cite web}}: CS1 maint: multiple names: authors list (link)
^"El Estado Islámico ya tiene su propia moneda oficial". Minuto Uno. 2016-07-09.
^Staufenberg, Jess (2015-09-02). "Isis shows off currency with gold dinar coins worth £91 each - in quest for 'world domination'". The Independent.
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Global Information
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