Iraqi dinar united states dollar history for July 2023. The highest quote for this month is 0.000765 (05/07/2023) and the lowest 0.000782 (31/07/2023). The difference between high and low is -2.22.
IQD USD average rate for July 2023 is 0.00078, the change between 01/07/2023 and 31/07/2023 is -0.51 %.
| 05 July 2023 | 1 IQD = 0.0008 USD |
| 25 July 2023 | 1 IQD = 0.0008 USD |
| 31 July 2023 | 1 IQD = 0.0008 USD |
15/10/2018: Government Formation
The formation of a new Iraqi government after parliamentary elections brought hopes of stability and potential economic growth, positively impacting the Iraqi dinar.
10/06/2014: ISIS captures Mosul
The capture of Mosul by ISIS led to a further devaluation of the Iraqi dinar and economic instability in the region.
15/10/2004: Introduction of New Iraqi Dinar
A new series of banknotes with enhanced security features was introduced to replace the previous Iraqi dinar notes.
20/03/2003: US-led Invasion of Iraq
The US-led invasion led to the collapse of the Iraqi government, causing instability and a sharp decline in the value of the Iraqi dinar.
02/08/1990: Iraq invades Kuwait
Iraq's invasion of Kuwait resulted in international economic sanctions and further devaluation of the Iraqi dinar.
22/09/1980: Iran-Iraq War Begins
The Iran-Iraq war started, leading to significant economic challenges and inflation which impacted the Iraqi dinar.
03/10/1932: Independence of Iraq
The Iraqi dinar was introduced as the official currency of Iraq following its independence from British occupation.