Although Iraqi dinar and Kuwaiti currency both had experienced a sudden reduction in their currency values respectively. But the conditions with both of the currencies were different in nature. Reduction or fall in the value of Kuwaiti currency was private not on behalf of the government, as people were feared to feel their currencies might be exchanged by Iraqi dinar, it would be better for them to have something instead of having nothing.
But the drop in the value of Iraqi currency was due to the highest levels of inflation, lost of swiss technology of printing notes and of-course bad results of wars and sanctions. In 2003, new and technologically improved Iraqi dinars were printed, but those were again not in great value.
After the end of the war and the departure of American troops from Iraq, I believe Iraq will get the same value of its currency notes where these were standing 2 decades ago. With the inclusion of strong leadership and decision making power of the government that day is not too away when Iraq will be the leader of the world’s economies with its dynamic utilization of oil reserves.
Iraqi dinar would have the same fortune like the Kuwaiti dinar got after the settlements of First Gulf War.