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The Republic of Iraq, historically was part of Persia known as Mesopotamia, is located in the Near East and is bordered by Kuwait, Iran, Turkey, Syria, Jordan and Saudi Arabia. It has an area of 167,925 sq. mi. (434,920 sq. km.) and a population of 19 million. Capital: Baghdad. The economy of Iraq is based on agriculture and petroleum. Crude oil accounted for 94 percent of the exports before Sadam starts the war with Iran with an attach in 1980. Mesopotamia was the site of a number of flourishing civilizations of antiquity - Sumeria, Assyria, which they were ancestors of Persia, Parthia, and Sassanian. Desired because of its favored location, which embraced the fertile alluvial plains of the Tigris and Euphrates Rivers, Mesopotamia - 'land between the rivers'- was conquered by Alexander of Macedonia and by Arabs who made the legendary city of Baghdad the capital of the ruling caliphate. Suleiman the Magnificent conquered Mesopotamia for Turkey in1534, and it formed part of the Ottoman Empire until 1623, and from 1638 to 1917. Great Britain, given a League of Nations mandate over the territory in 1920, recognized Iraq as a kingdom in 1922. Iraq became an independent constitutional monarchy presided over by the Hashemite family, direct descendants of the prophet Mohammed, in 1932. In 1958, the army-led revolution of July 14 overthrew the monarchy and proclaimed a republic.
MONETARY SYSTEM
50 Fils = 1 Dirham
200 Fils = 1 Riyal
1000 Fils = 1 Dinar (Pound)
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