


IQD information
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 Iraq’s 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.
AVINOC to IQD conversion rate trend
AVINOC to IQD market statistics
More info about AVINOC on Bitget
Current AVINOC to IQD exchange rate
AVINOC to Iraqi dinar is falling this week.AVINOC to IQD Conversion tables
The exchange rate of AVINOC is decreasing.AVINOC to IQD
IQD to AVINOC
AVINOC to IQD Today vs. 24 hours ago
Amount | 19:04 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 AVINOC | ع.د16.24 | ع.د15.42 | +5.37% |
1 AVINOC | ع.د32.48 | ع.د30.83 | +5.37% |
5 AVINOC | ع.د162.42 | ع.د154.15 | +5.37% |
10 AVINOC | ع.د324.85 | ع.د308.3 | +5.37% |
50 AVINOC | ع.د1,624.23 | ع.د1,541.51 | +5.37% |
100 AVINOC | ع.د3,248.46 | ع.د3,083.02 | +5.37% |
500 AVINOC | ع.د16,242.3 | ع.د15,415.09 | +5.37% |
1000 AVINOC | ع.د32,484.59 | ع.د30,830.19 | +5.37% |
AVINOC to IQD Today vs. 1 month ago
Amount | 19:04 today | 1 month ago | 1M change |
---|---|---|---|
0.5 AVINOC | ع.د16.24 | ع.د21.27 | -23.65% |
1 AVINOC | ع.د32.48 | ع.د42.55 | -23.65% |
5 AVINOC | ع.د162.42 | ع.د212.74 | -23.65% |
10 AVINOC | ع.د324.85 | ع.د425.47 | -23.65% |
50 AVINOC | ع.د1,624.23 | ع.د2,127.37 | -23.65% |
100 AVINOC | ع.د3,248.46 | ع.د4,254.74 | -23.65% |
500 AVINOC | ع.د16,242.3 | ع.د21,273.72 | -23.65% |
1000 AVINOC | ع.د32,484.59 | ع.د42,547.44 | -23.65% |
AVINOC to IQD Today vs. 1 year ago
Amount | 19:04 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 AVINOC | ع.د16.24 | ع.د77.48 | -79.04% |
1 AVINOC | ع.د32.48 | ع.د154.96 | -79.04% |
5 AVINOC | ع.د162.42 | ع.د774.82 | -79.04% |
10 AVINOC | ع.د324.85 | ع.د1,549.64 | -79.04% |
50 AVINOC | ع.د1,624.23 | ع.د7,748.2 | -79.04% |
100 AVINOC | ع.د3,248.46 | ع.د15,496.39 | -79.04% |
500 AVINOC | ع.د16,242.3 | ع.د77,481.96 | -79.04% |
1000 AVINOC | ع.د32,484.59 | ع.د154,963.91 | -79.04% |
How to convert AVINOC to IQD



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