Mountain Goat – Dinar Guru Is the Iraqi currency International? …let me debunk this rumor once again about any VISA or MASTER CARD going international and issued from an Iraqi bank. First, I will once again define what it means for a currency to be international: 1) for the IMF must recognize the currency under Article 8 of the UN member charter; 2) the currency MUST be tradable throughout the world not just in one area of the globe; 3)the currency, because it is recognized and traded around the globe, it is listed on the currency exchanges, where it is freely traded. Does it meet all of these conditions? Of course not…So these Iraqi cards are NOT yet really international yet. At least not yet. But they do have this capability for the future.