NEGED to IQD Converter and calculator


Conversion rates
Convert NEGED to IQD
Convert IQD to NEGED
NEGED to IQD chart
NEGED to IQD conversion data: Volatility and price changes of Neged in IQD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.03378 IQD | 0.03755 IQD | 0.04094 IQD | 0.04186 IQD |
Low | 0.03242 IQD | 0.03242 IQD | 0.03242 IQD | 0.02321 IQD |
Average | 0 IQD | 0 IQD | 0 IQD | 0 IQD |
Volatility | % | % | % | % |
Change | -3.70% | -12.05% | -15.67% | -3.12% |
Neged information
NEGED to IQD market statistics
Current NEGED to IQD exchange rate
Neged to Iraqi dinar is falling this week.More info about Neged 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 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.
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NEGED to IQD Conversion tables
Amount | 14:32 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 NEGED | ع.د0.01621 | ع.د0.01683 | -3.70% |
1 NEGED | ع.د0.03242 | ع.د0.03366 | -3.70% |
5 NEGED | ع.د0.1621 | ع.د0.1683 | -3.70% |
10 NEGED | ع.د0.3242 | ع.د0.3366 | -3.70% |
50 NEGED | ع.د1.62 | ع.د1.68 | -3.70% |
100 NEGED | ع.د3.24 | ع.د3.37 | -3.70% |
500 NEGED | ع.د16.21 | ع.د16.83 | -3.70% |
1000 NEGED | ع.د32.42 | ع.د33.66 | -3.70% |
NEGED to IQD FAQ
What factors influence the conversion rate of NEGED to IQD?
Popular exchange rates — Crypto-to-Fiat converter
The price of Neged in the US is $0.{4}2473 USD. Additionally, Neged’s price is €0.{4}2146 EUR in the eurozone, £0.{4}1838 GBP in the UK, C$0.{4}3396 CAD in Canada, ₹0.002142 INR in India, ₨0.007022 PKR in Pakistan, R$0.0001363 BRL in Brazil, and more.
The most popular Neged currency pair is the NEGED to Iraqi dinar(IQD). The price of 1 Neged (NEGED) in Iraqi dinar (IQD) is ع.د0.03242.
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