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calculator.detail.title

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FTM
FTM
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.د858.29
0.0200% / 0.0320%vip-iconcalculator.compare.vip
Binance
ع.د857.76
0.1000% / 0.1000%
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OKX
ع.د858.03
0.080% / 0.100%
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Huobi
ع.د858.29
0.1000% / 0.1000%
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Gate.io
ع.د857.5
0.1000% / 0.1000%
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Bybit
ع.د858.12
0.1000% / 0.1000%
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KuCoin
ع.د857.37
0.1000% / 0.1000%
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Bitfinex
ع.د856.94
0.1000% / 0.1000%
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$1.86B
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$127.48M
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2.80B FTM

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0.5 FTM
ع.د432.92
1 FTM
ع.د865.84
5 FTM
ع.د4,329.22
10 FTM
ع.د8,658.44
50 FTM
ع.د43,292.18
100 FTM
ع.د86,584.36
500 FTM
ع.د432,921.8
1000 FTM
ع.د865,843.6

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0.5IQD0.0005775  FTM
1IQD0.001155  FTM
5IQD0.005775  FTM
10IQD0.01155  FTM
50IQD0.05775  FTM
100IQD0.1155  FTM
500IQD0.5775  FTM
1000IQD1.15  FTM

calculator.detail.price_24

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0.5 FTM$0.3308$0.3427
-3.47%
1 FTM$0.6617$0.6855
-3.47%
5 FTM$3.31$3.43
-3.47%
10 FTM$6.62$6.85
-3.47%
50 FTM$33.08$34.27
-3.47%
100 FTM$66.17$68.55
-3.47%
500 FTM$330.84$342.73
-3.47%
1000 FTM$661.67$685.45
-3.47%

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0.5 FTM$0.3308$0.3426
-3.42%
1 FTM$0.6617$0.6851
-3.42%
5 FTM$3.31$3.43
-3.42%
10 FTM$6.62$6.85
-3.42%
50 FTM$33.08$34.26
-3.42%
100 FTM$66.17$68.51
-3.42%
500 FTM$330.84$342.56
-3.42%
1000 FTM$661.67$685.13
-3.42%

calculator.detail.price_year

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0.5 FTM$0.3308$0.1280
+158.42%
1 FTM$0.6617$0.2560
+158.42%
5 FTM$3.31$1.28
+158.42%
10 FTM$6.62$2.56
+158.42%
50 FTM$33.08$12.8
+158.42%
100 FTM$66.17$25.6
+158.42%
500 FTM$330.84$128
+158.42%
1000 FTM$661.67$255.99
+158.42%

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