Iraqi Dinars Value and Currency Market Trends

The Iraqi Dinar has been a topic of interest for many investors and traders. The value of the Iraqi Dinar is closely tied to the country's economy, which has experienced significant fluctuations in recent years.

Iraq's economy is heavily reliant on oil exports, and the country's currency has historically been volatile. In 2017, the Iraqi government introduced a new 25,000-dinar note, which was seen as a move to reduce inflation and stabilize the currency.

The Iraqi Dinar has also been affected by the country's ongoing conflict with ISIS, which has disrupted oil production and led to a decline in the value of the currency. However, with the recent defeat of ISIS, there are hopes that the Iraqi economy will begin to recover.

The current exchange rate for Iraqi Dinar to US Dollar is 1 IQD = 0.0008 USD, as of 03/01/2025 11:44.

You can easily find this information online, and it's essential to check the current rate before making any transactions. The exchange rate is constantly changing, so it's crucial to stay up-to-date.

The Iraqi Dinar has a relatively low value compared to other major currencies, but it's still a widely used currency in Iraq and other countries. In fact, according to the exchange rates, 1 Iraqi Dinar is equivalent to 0.001 British Pound, 0.001 Australian Dollar, and 0.001 Euro.

Here are some examples of exchange rates for Iraqi Dinar to other popular currencies:

Keep in mind that exchange rates can fluctuate rapidly, so it's always a good idea to double-check the current rate before making any transactions.

The Iraqi Dinar has had its fair share of changes over the years. It entered circulation on April 1, 1932, replacing the Indian rupee.

The dinar was initially pegged at par with the British sterling, but this changed in 1959 when it was pegged to the US dollar at a rate of 1 dinar to 2.80 dollars. This peg remained in place until 1990.

In 1990, the official rate of the dinar to the US dollar was IQD 1 = US$3.2169. However, the black market rate was significantly higher, reported to be five to six times the official rate.

The Iraqi Dinar to US Dollar Historical Chart shows that the IQD/USD rate has increased by +0.02% in the last six months, indicating an increase in value compared to the US dollar.

Here's a brief overview of the historical exchange rates:

You can view the exchange rates for each year by clicking on the corresponding link.

The Iraqi Dinar has a unique exchange rate with other currencies, including the US Dollar. You can find the current exchange rate by checking the currency charts, which show the value of 1 Iraqi Dinar in different currencies, including USD.

The charts show that 1 Iraqi Dinar is equivalent to 0.001 US Dollar. This means that if you exchange 100 Iraqi Dinars, you would get approximately 0.1 US Dollars.

The Iraqi Dinar has also been used in various banknotes and coins, with different denominations and designs. For example, the Kingdom of Iraq dinar series from 1932-1939 features different designs and colors for each denomination, including the 1/4, 1/2, 1, 5, 10, and 100 dinar notes.

Here's a list of some of the denominations and their corresponding colors:

The value of the Iraqi Dinar has also fluctuated over time, with the IQD/USD rate increasing by +0.02% in the last six months.

Iraqi Exchange Rates are constantly changing, and it's essential to stay up-to-date with the current rates. As of 03/01/2025, 1 Iraqi Dinar is equivalent to 0.0008 US Dollars.

The Iraqi Dinar has a relatively low value compared to other major currencies. In fact, 1 Iraqi Dinar is equivalent to 0.001 British Pound, 0.001 Australian Dollar, and 0.001 Euro, among others.

If you're planning to send Iraqi Dinar to another country, it's crucial to check the current exchange rates. For example, sending 1 Iraqi Dinar to the USA would be equivalent to 0.001 US Dollar.

Here are some popular exchange rates for Iraqi Dinar:

The IQD/USD exchange rate has been fluctuating over the past six months, with a recent increase of +0.02%. This means the Iraqi Dinar has gained value compared to the US Dollar.

Several factors can impact the IQD to USD exchange rate, including economic indicators, geopolitical events, and central bank decisions. These factors can significantly affect the value of the Iraqi Dinar.

The Kingdom of Iraq Series (1932-1939) was a notable period in Iraqi currency history. The series featured a range of denominations, including the IQD 1⁄4, IQD 1⁄2, IQD 1, IQD 5, IQD 10, and IQD 100.

The main colors used in this series were predominantly green, red, black, dark brown, and yellow. The obverse (front side) of the coins often featured King Faisal I or King Faisal II as a child.

King Faisal I was the main figure on the obverse of the IQD 1⁄4, IQD 1⁄2, IQD 1 (1932), IQD 5, IQD 10, and IQD 100 (1932) denominations. The reverse (back side) of the IQD 1 (1932) featured a black and dark brown design.

The IQD 1 (1939) denomination had a green and dark brown reverse, featuring King Faisal II as a child. The IQD 100 (1939) denomination had a yellow green and black reverse, also featuring King Faisal II as a child.

Here's a breakdown of the main colors and obverse figures for each denomination: