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base info Agave

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AGVE
AGVE
swap
IQD
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About Iraqi Dinar (IQD)

The Iraqi Dinar (IQD), the official currency of Iraq, is a significant symbol of the nation's economic and political history. It is commonly abbreviated as IQD and represented by the symbol ع.د. Introduced in 1932, replacing the Indian Rupee, the Dinar has been a witness to Iraqs rich cultural heritage, vast economic changes, and periods of conflict and reconstruction.

Historical Background

The Iraqi Dinar was established when Iraq was a British mandate following World War I. The decision to replace the Indian Rupee with the Dinar was part of Iraq’s initial steps towards establishing a sovereign state. The currency has since undergone several transformations, reflecting the country’s turbulent history, including coups, wars, and economic sanctions.

Design and Symbolism

The design of the Iraqi Dinar reflects the country's rich history and diverse culture. Banknotes feature important historical figures, such as King Faisal I, and landmarks that symbolize Iraq’s ancient civilization, like the Great Mosque of Samarra. The notes also showcase Iraq’s natural beauty, including rivers and palm trees, representing the country’s agricultural heritage.

Economic Role

The Dinar is central to Iraq’s economy, driven primarily by oil exports. It facilitates all economic activities within the country, from government spending to local trade. The stability of the Dinar is crucial for economic growth, affecting everything from foreign investment to the purchasing power of ordinary Iraqis.

Monetary Policy and Inflation

Managed by the Central Bank of Iraq, the Dinar’s value has been subject to fluctuations due to political instability, economic sanctions, and fluctuating oil prices. The bank’s policies aim to stabilize the currency, control inflation, and foster a climate conducive to economic recovery and growth.

The Dinar in International Trade

Given Iraq’s status as a major oil exporter, the Dinar plays a significant role in international trade within the energy sector. The currency’s exchange rate against global currencies impacts Iraq’s trade balance and overall economic stability.

Sanctions and the Dinar

Economic sanctions have historically impacted the Dinar’s value and Iraq’s economy. The lifting of sanctions and subsequent economic reforms play a crucial role in the Dinar’s recovery and the nation’s reintegration into the global economy.

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1D7D1M3M1YAll
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Bitgethot-iconcalculator.compare.best
ع.د50,838.61
0.0200% / 0.0320%vip-iconcalculator.compare.vip
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$0
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$6.61026965
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0 AGVE

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0.5 AGVE
ع.د25,419.31
1 AGVE
ع.د50,838.61
5 AGVE
ع.د254,193.06
10 AGVE
ع.د508,386.11
50 AGVE
ع.د2,541,930.55
100 AGVE
ع.د5,083,861.1
500 AGVE
ع.د25,419,305.5
1000 AGVE
ع.د50,838,611

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0.5IQD0.{5}9835  AGVE
1IQD0.{4}1967  AGVE
5IQD0.{4}9835  AGVE
10IQD0.0001967  AGVE
50IQD0.0009835  AGVE
100IQD0.001967  AGVE
500IQD0.009835  AGVE
1000IQD0.01967  AGVE

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0.5 AGVE$19.4$19.54
-0.67%
1 AGVE$38.81$39.07
-0.67%
5 AGVE$194.04$195.35
-0.67%
10 AGVE$388.08$390.7
-0.67%
50 AGVE$1,940.41$1,953.5
-0.67%
100 AGVE$3,880.81$3,907.01
-0.67%
500 AGVE$19,404.05$19,535.05
-0.67%
1000 AGVE$38,808.1$39,070.09
-0.67%

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0.5 AGVE$19.4$23.32
-16.79%
1 AGVE$38.81$46.64
-16.79%
5 AGVE$194.04$233.18
-16.79%
10 AGVE$388.08$466.36
-16.79%
50 AGVE$1,940.41$2,331.8
-16.79%
100 AGVE$3,880.81$4,663.6
-16.79%
500 AGVE$19,404.05$23,318.02
-16.79%
1000 AGVE$38,808.1$46,636.03
-16.79%

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0.5 AGVE$19.4$12.74
+52.31%
1 AGVE$38.81$25.48
+52.31%
5 AGVE$194.04$127.4
+52.31%
10 AGVE$388.08$254.8
+52.31%
50 AGVE$1,940.41$1,273.98
+52.31%
100 AGVE$3,880.81$2,547.96
+52.31%
500 AGVE$19,404.05$12,739.79
+52.31%
1000 AGVE$38,808.1$25,479.58
+52.31%

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