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PRL to IQD Converter and calculator

PRL/IQD: 1 PRL = 0.7330 IQD. The price of converting 1 The Parallel (PRL) to Iraqi dinar (IQD) is 0.7330 IQD today.
PRL
PRL
IQD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides PRL to IQD real-time exchange rates, making it easy to convert The Parallel (PRL) to Iraqi dinar (IQD). The conversion result is based on real-time data. The conversion result shows that 1 PRL is currently valued at 0.73 IQD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 PRL is currently valued at 0.73 IQD, which means buying 5 PRL would cost 3.66 IQD. Similarly, ع.د1 IQD can be converted to 1.36 PRL, and ع.د50 IQD can be converted to 6.82 PRL, excluding any platform or gas fees.

Convert PRL to IQD

Convert IQD to PRL

The Parallel
Iraqi dinar
5000 PRL
3,664.94  IQD
10000 PRL
7,329.88  IQD
In the table above, you'll find a comprehensive PRL to IQD converter that shows the value of The Parallel in Iraqi dinar across commonly used conversion amounts. The list covers conversions from 1 PRL to IQD, all the way up to 10000 PRL, providing a clear view of their respective values.
Iraqi dinar
The Parallel
10000 IQD
13,642.78 PRL
50000 IQD
68,213.92 PRL
100000 IQD
136,427.85 PRL
In the table above, you'll find a comprehensive IQD to PRL converter that shows the value of Iraqi dinar in The Parallel across commonly used conversion amounts. The list covers conversions from 1 IQD to PRL, all the way up to 100000 IQD, providing a clear view of their respective values.

PRL to IQD chart

PRL/IQD: 1 PRL = 0.7330 IQD; 2025/04/27 07:17:15
In the past 1D, The Parallel has changed -0.19% to IQD. Based on the trend and price charts, The Parallel(PRL) has changed -0.19% to IQD while Iraqi dinar(IQD) has changed % to PRL in the last 24 hours.
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PRL to IQD conversion data: Volatility and price changes of The Parallel in IQD

The highest The Parallel price in IQD over the past 7 days was 0.7350 IQD while the lowest The Parallel price in IQD over the past 7 days was 0.7305 IQD. The relative change between the highs and lows in The Parallel price in IQD over the last 7 days indicates a volatility of %. You can view additional volatility data and PRL to IQD prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.7347 IQD
0.7350 IQD
0.7439 IQD
0.7565 IQD
Low
0.7325 IQD
0.7305 IQD
0.7305 IQD
0.7305 IQD
Average
0 IQD
0 IQD
0 IQD
0 IQD
Volatility
%
%
%
%
Change
-0.19%
+0.01%
-1.37%
-1.21%

The Parallel information

PRL to IQD market statistics

PRL/IQD:
ع.د0.7330
PRL 24h volume:
--
PRL market cap:
--
PRL circulating supply:
0 PRL

Current PRL to IQD exchange rate

The Parallel to Iraqi dinar is rising this week.
The Parallel's current market price is ع.د0.7330 per PRL, with a total market cap of ع.د0 IQD based on a circulating supply of -- PRL. The trading volume of The Parallel has changed by 0.00% (ع.د0 IQD) in the last 24 hours. Last trading day, PRL's trading volume was ع.د0.

More info about The Parallel on Bitget

Iraqi dinar 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 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.

Bitget crypto-to-fiat exchange data shows that the most popular The Parallel currency pair is the PRL to IQD, with for The Parallel's currency code being PRL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for IQD.

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How to convert PRL to IQD

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PRL to IQD Conversion tables

The exchange rate of The Parallel is decreasing.
The exchange rate of 1 PRL to Iraqi dinar has changed by +0.01% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.19%, reaching a high of 0.7347 IQD and a low of 0.7325 IQD . One month ago, the value of 1 PRL was ع.د0.7432 IQD , which represents a -1.37% change from its current value. Over the last year, The Parallel has changed by
-ع.د
0.2064IQD
, resulting in a change of -21.96% in its value.
24 hours ago1 month ago1 year ago
Amount07:17 am today24 hours ago24h change
0.5 PRLع.د0.3665ع.د0.3672
-0.19%
1 PRLع.د0.7330ع.د0.7344
-0.19%
5 PRLع.د3.66ع.د3.67
-0.19%
10 PRLع.د7.33ع.د7.34
-0.19%
50 PRLع.د36.65ع.د36.72
-0.19%
100 PRLع.د73.3ع.د73.44
-0.19%
500 PRLع.د366.49ع.د367.18
-0.19%
1000 PRLع.د732.99ع.د734.36
-0.19%

PRL to IQD FAQ

How much is 1 The Parallel in IQD?
Right now, the price of 1 The Parallel (PRL) in Iraqi dinar (IQD) is ع.د0.7330.
How much PRL can I buy for 1 IQD?
Based on the current exchange rate, you can get 1.36 PRL for 1 IQD.
How do I calculate or convert PRL to IQD?
You can use our PRL to IQD calculator at the top of this page to convert any amount of PRL to IQD. We've also included quick-reference tables for the most popular conversions. For example, 5 IQD is equivalent to 6.82 PRL, while 5 PRL will cost around 3.66IQD.
What is the highest price of PRL/IQD in history?
The all-time high price of 1 PRL in IQD is ع.د950.63. It remains to be seen if the value of 1 PRL/IQD will exceed the current all-time high.
What is the price trend of The Parallel in IQD?
Over the past 7 days, the exchange rate of The Parallel (PRL) has gone up by 0.01%.   Over the last month, the exchange rate of The Parallel (PRL) has gone down by 1.37% against Iraqi dinar (IQD).

What factors influence the conversion rate of PRL to IQD?

There are many factors that affect the relationship between The Parallel and Iraqi dinar, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of PRL/IQD. When there is positive news in the market about the widespread adoption of PRL or major technological breakthroughs, it tends to trigger market optimism and drive the rise of PRL/IQD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in PRL/IQD.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of PRL/IQD. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of The Parallel and adjust their investment strategies accordingly in the evolving market.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.