ISIS have released a new hour long video, showing off their latest propaganda tool - their very own coin currency.

The video, which includes a dreary and distorted history of world economics, shows the smelting of gold, silver and copper coins.

Dramatised by clips from Hollywood war films, the film accuses the US of 'confiscating Americans real wealth through an executive decree' with the introduction of the Gold Reserve Act in 1934.

Yet despite their glorification of their new currency, ISIS have no other means to pay their band of jihadis except through the use of US dollars.

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ISIS claim to have created gold dinars and three denominations of silver dirhams as well as two of copper coins, known as 'fulus', which will be used for 'smaller transactions

Propaganda: The video, which includes a dreary and distorted history of world economics, shows the smelting of gold, silver and copper coins

Local trade continues to be done through the use of local currency or more commonly US dollars, due to the stability of the western currency.

The jihadi group claim in the video that one 21-carat one dinar coin will weigh 4.25 grams and it will be worth an equivalent to $139 due to its weight in gold.

The militant group claims that the currency will never lose value in comparison to paper money. Due to ISIS being a terrorist group, it will not be able to use the coins to trade outside its territory.

They also claim to have created three denominations of silver dirhams as well as two of copper coins, known as 'fulus', which will be used for 'smaller transactions.'

One of the coins has a detailed image of corn husks blowing in the wind. The corn grains appear to be an attempt by ISIS to show how the brutal jihadist group provide for their people.

Problem: Due to ISIS being a terrorist group, it will not be able to use the coins to trade outside its territory

Accusations: The film accuses the US of 'confiscating Americans real wealth through an executive decree' with the introduction of the Gold Reserve Act in 1934

Strange: The video includes detailed explanations on the benefits of using gold coins and how they are created

Difficult: It remains to be seen whether ISIS will ever be able to enforce the currency across all its territories, especially when its fighters continue to be paid in US dollars

Unlikely: The narrator claims that ISIS will spread across the world, conquering the whole of Europe

Finished: A newly minted gold coin is lifted off the press and held up to the camera in Mosul

In reality, residents in Mosul, Iraq's second largest city, have complained about food shortages amid rising prices since the arrival of ISIS in June 2014.

Another coin, labelled with the Arabic number five, has a map of the world and the date written neatly in Arabic.

The narrator claims that ISIS will spread across the world, conquering the whole of Europe.

Several months ago, ISIS supporters released several images of gold coins, claiming the currency would be ready in time for Eid.

It remains to be seen whether ISIS will ever be able to enforce the currency across all its territories, especially when its fighters continue to be paid in US dollars.

The news of ISIS's new media release comes as the WorldPR Global Leadership Ranking 2015 placed ISIS higher than the Vatican for its international brand recognition.

Despite the Vatican's 2,000 year existence, the relatively new group ISIS have managed to capture the world's attention through their harrowing videos and victories on the battlefield.

Shining: Piles of five gold dinar coins lie on the ground as the propaganda video claims the benefits of the new currency for ISIS

The video explains that the one dinar coin has seven stocks of wheat 'representing the blessing of spending'

Detailed: The video includes information on the weight, purity and inscriptions on each of the coins

Unusual: Three date palms in the desert will be depicted on the back of the twenty fulus copper coin

Time of pilgrimage: The ten fulus coin has a crescent moon on the back to symbolise Hajj and Ramadan

Staged: Two fighters carrying weapons exchange a close look at one of the gold coins in front of the camera

Smiling cheerfully with the small gold coin in his hands, one heavily bearded fighter seems very happy

This latest video epitomises ISIS global reach, with subtitles available in over five language.

The video shows an ISIS fighter, fluent in Arabic and English, showing the gold coins to residents in Mosul as well as ISIS fighters.

Upon being handed the small gold coin, one elderly man describes it as being 'better than paper money in the bank.'

Following lengthy footage of the creation of the coins and staged shots of showing off the currency, the video ends with a lengthy nasheed in English.

The news just over a year after ISIS sacked Mosul's main bank when they stormed the city in June 2014.

It is believed as much as £256 million worth of cash and a considerable amount of gold bullion was stolen from the bank.

The bank had been left vulnerable to ISIS after Iraqi forces provided little resistance and fled the city.

The news just over a year after ISIS sacked Mosul's main bank when they stormed the city in June 2014. ISIS stole as much as £256million worth of cash

Unlikely conquest target: The five dinar coin includes a small depiction of the map of the world

Several fighters, armed with pistols in their holsters, enjoy taking a good look at one of the coins

Valuable: The gold coin is taken to a gold jewelllery shop, where it is weighed by one of the shop owners and praised for its fine quality

Although he is not named in the video, an ISIS militant, fluent in both Arabic and English, shows off the coin

Close up: One of the gold dinars is showed off to the camera before it is passed around the fighters