United States dollar iraqi dinar history for July 2023. The highest quote for this month is 1308 (05/07/2023) and the lowest 1283.25 (25/07/2023). The difference between high and low is 1.89.
USD IQD average rate for July 2023 is 1289.56667, the change between 01/07/2023 and 31/07/2023 is +0.42 %.
05 July 2023 | 1 USD = 1283.03 IQD |
25 July 2023 | 1 USD = 1308.00 IQD |
31 July 2023 | 1 USD = 1277.67 IQD |
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.