Iraqi dinar

The Iraqi dinar is the currency of Iraq (IQ)
1 IQD = 0.001 AUD
1 AUD = 820.617 IQD
1 IQD = 0.799 ARS
1 ARS = 1.251 IQD
1 IQD = 2.256 BIF
1 BIF = 0.443 IQD
1 IQD = 0.000 BHD
1 BHD = 3480.638 IQD
1 IQD = 0.005 BOB
1 BOB = 189.398 IQD
1 IQD = 0.001 AZN
1 AZN = 769.609 IQD
1 IQD = 0.066 BTN
1 BTN = 15.179 IQD
1 IQD = 0.384 CRC
1 CRC = 2.604 IQD
1 IQD = 0.018 CZK
1 CZK = 54.057 IQD
1 IQD = 0.006 CNY
1 CNY = 179.323 IQD
1 IQD = 0.005 DKK
1 DKK = 182.649 IQD
1 IQD = 0.097 ETB
1 ETB = 10.281 IQD
1 IQD = 6.605 GNF
1 GNF = 0.151 IQD
1 IQD = 0.006 HRK
1 HRK = 180.865 IQD
1 IQD = 12.411 IDR
1 IDR = 0.081 IQD
1 IQD = 0.120 JMD
1 JMD = 8.301 IQD
1 IQD = 0.067 KGS
1 KGS = 14.966 IQD
1 IQD = 0.001 BAM
1 BAM = 696.758 IQD
1 IQD = 0.001 ANG
1 ANG = 727.754 IQD
1 IQD = 0.011 BWP
1 BWP = 93.654 IQD
1 IQD = 0.001 BND
1 BND = 965.346 IQD
1 IQD = 2.178 CDF
1 CDF = 0.459 IQD
1 IQD = 0.002 BZD
1 BZD = 650.360 IQD
1 IQD = 24.986 BYR
1 BYR = 0.040 IQD
1 IQD = 0.001 BGN
1 BGN = 696.758 IQD
1 IQD = 0.001 CAD
1 CAD = 914.294 IQD
1 IQD = 0.103 DZD
1 DZD = 9.672 IQD
1 IQD = 0.011 ERN
1 ERN = 87.248 IQD
1 IQD = 0.038 EGP
1 EGP = 26.005 IQD
1 IQD = 0.002 FJD
1 FJD = 562.431 IQD
1 IQD = 0.001 GBP
1 GBP = 1612.876 IQD
1 IQD = 0.001 FKP
1 FKP = 1612.876 IQD
1 IQD = 0.006 GTQ
1 GTQ = 169.536 IQD
1 IQD = 0.006 HKD
1 HKD = 168.199 IQD
1 IQD = 0.302 HUF
1 HUF = 3.316 IQD
1 IQD = 1.000 IQD
1 IQD = 1.000 IQD
1 IQD = 32.177 IRR
1 IRR = 0.031 IQD
1 IQD = 0.361 KMF
1 KMF = 2.770 IQD
1 IQD = 1.099 KRW
1 KRW = 0.910 IQD
1 IQD = 0.072 ALL
1 ALL = 13.827 IQD
1 IQD = 0.093 BDT
1 BDT = 10.751 IQD
1 IQD = 0.001 AWG
1 AWG = 731.128 IQD
1 IQD = 0.005 BRL
1 BRL = 216.923 IQD
1 IQD = 0.000 BCH
1 BCH = 570496.949 IQD
1 IQD = 0.000 BTC
1 BTC = 130872000.000 IQD
1 IQD = 0.003 AED
1 AED = 356.357 IQD
1 IQD = 0.703 AOA
1 AOA = 1.422 IQD
1 IQD = 0.001 BSD
1 BSD = 1308.720 IQD
1 IQD = 0.769 CLP
1 CLP = 1.300 IQD
1 IQD = 0.002 BYN
1 BYN = 400.220 IQD
1 IQD = 3.301 COP
1 COP = 0.303 IQD
1 IQD = 0.018 CUP
1 CUP = 54.587 IQD
1 IQD = 0.000 ETH
1 ETH = 4347906.977 IQD
1 IQD = 0.001 EUR
1 EUR = 1362.682 IQD
1 IQD = 0.019 HNL
1 HNL = 51.415 IQD
1 IQD = 0.055 GMD
1 GMD = 18.176 IQD
1 IQD = 0.001 GIP
1 GIP = 1612.876 IQD
1 IQD = 0.100 HTG
1 HTG = 10.022 IQD
1 IQD = 0.001 JOD
1 JOD = 1845.867 IQD
1 IQD = 0.119 JPY
1 JPY = 8.408 IQD
1 IQD = 0.056 AFN
1 AFN = 17.789 IQD
1 IQD = 0.002 BBD
1 BBD = 654.360 IQD
1 IQD = 0.001 BMD
1 BMD = 1308.720 IQD
1 IQD = 0.305 AMD
1 AMD = 3.275 IQD
1 IQD = 0.001 CHF
1 CHF = 1443.070 IQD
1 IQD = 0.136 DJF
1 DJF = 7.349 IQD
1 IQD = 0.047 DOP
1 DOP = 21.342 IQD
1 IQD = 0.081 CVE
1 CVE = 12.358 IQD
1 IQD = 0.002 GEL
1 GEL = 459.377 IQD
1 IQD = 0.011 GHS
1 GHS = 87.429 IQD
1 IQD = 0.160 GYD
1 GYD = 6.267 IQD
1 IQD = 0.003 ILS
1 ILS = 366.599 IQD
1 IQD = 0.066 INR
1 INR = 15.179 IQD
1 IQD = 0.107 ISK
1 ISK = 9.340 IQD
1 IQD = 3.076 KHR
1 KHR = 0.325 IQD
1 IQD = 0.099 KES
1 KES = 10.109 IQD
1 IQD = 0.000 KWD
1 KWD = 4247.023 IQD
1 IQD = 0.405 KZT
1 KZT = 2.468 IQD
1 IQD = 0.227 LKR
1 LKR = 4.411 IQD
1 IQD = 0.008 MAD
1 MAD = 130.767 IQD
1 IQD = 1.604 MMK
1 MMK = 0.623 IQD
1 IQD = 2.628 MNT
1 MNT = 0.381 IQD
1 IQD = 0.036 MUR
1 MUR = 27.969 IQD
1 IQD = 0.304 MRO
1 MRO = 3.294 IQD
1 IQD = 0.012 MVR
1 MVR = 84.773 IQD
1 IQD = 1.325 MWK
1 MWK = 0.755 IQD
1 IQD = 0.001 NZD
1 NZD = 742.326 IQD
1 IQD = 0.105 NPR
1 NPR = 9.483 IQD
1 IQD = 0.044 PHP
1 PHP = 22.489 IQD
1 IQD = 0.213 PKR
1 PKR = 4.694 IQD
1 IQD = 1.065 RWF
1 RWF = 0.939 IQD
1 IQD = 0.000 LTC
1 LTC = 157128.107 IQD
1 IQD = 0.016 MXN
1 MXN = 63.796 IQD
1 IQD = 0.028 NIO
1 NIO = 35.570 IQD
1 IQD = 0.004 RON
1 RON = 273.825 IQD
1 IQD = 0.688 KPW
1 KPW = 1.454 IQD
1 IQD = 0.001 KYD
1 KYD = 1583.621 IQD
1 IQD = 68.690 LBP
1 LBP = 0.015 IQD
1 IQD = 0.004 LYD
1 LYD = 264.575 IQD
1 IQD = 16.700 LAK
1 LAK = 0.060 IQD
1 IQD = 3.564 MGA
1 MGA = 0.281 IQD
1 IQD = 0.145 LRD
1 LRD = 6.886 IQD
1 IQD = 0.046 MKD
1 MKD = 21.932 IQD
1 IQD = 0.014 LSL
1 LSL = 70.684 IQD
1 IQD = 0.006 MOP
1 MOP = 163.298 IQD
1 IQD = 0.014 MDL
1 MDL = 69.769 IQD
1 IQD = 0.014 NAD
1 NAD = 70.684 IQD
1 IQD = 0.003 MYR
1 MYR = 291.215 IQD
1 IQD = 0.000 OMR
1 OMR = 3399.891 IQD
1 IQD = 1.188 NGN
1 NGN = 0.842 IQD
1 IQD = 0.003 PGK
1 PGK = 321.782 IQD
1 IQD = 0.001 PAB
1 PAB = 1308.720 IQD
1 IQD = 0.003 PEN
1 PEN = 349.290 IQD
1 IQD = 0.009 NOK
1 NOK = 115.785 IQD
1 IQD = 0.003 PLN
1 PLN = 320.568 IQD
1 IQD = 6.025 PYG
1 PYG = 0.166 IQD
1 IQD = 0.003 QAR
1 QAR = 359.538 IQD
1 IQD = 0.006 SBD
1 SBD = 154.463 IQD
1 IQD = 0.003 SAR
1 SAR = 348.992 IQD
1 IQD = 0.001 SGD
1 SGD = 965.346 IQD
1 IQD = 17.416 SLL
1 SLL = 0.057 IQD
1 IQD = 0.026 THB
1 THB = 38.352 IQD
1 IQD = 0.025 TWD
1 TWD = 40.059 IQD
1 IQD = 0.032 UAH
1 UAH = 31.036 IQD
1 IQD = 2.809 UGX
1 UGX = 0.356 IQD
1 IQD = 0.027 SRD
1 SRD = 37.133 IQD
1 IQD = 18.163 STD
1 STD = 0.055 IQD
1 IQD = 0.027 TRY
1 TRY = 36.790 IQD
1 IQD = 0.005 TTD
1 TTD = 192.717 IQD
1 IQD = 0.002 TOP
1 TOP = 538.501 IQD
1 IQD = 9.914 UZS
1 UZS = 0.101 IQD
1 IQD = 0.190 YER
1 YER = 5.254 IQD
1 IQD = 0.014 ZAR
1 ZAR = 70.684 IQD
1 IQD = 0.086 RSD
1 RSD = 11.633 IQD
1 IQD = 0.077 RUB
1 RUB = 12.954 IQD
1 IQD = 0.436 SOS
1 SOS = 2.294 IQD
1 IQD = 0.007 SVC
1 SVC = 149.568 IQD
1 IQD = 9.935 SYP
1 SYP = 0.101 IQD
1 IQD = 0.014 SZL
1 SZL = 70.684 IQD
1 IQD = 0.002 TND
1 TND = 409.807 IQD
1 IQD = 0.034 UYU
1 UYU = 29.763 IQD
1 IQD = 19.384 VND
1 VND = 0.052 IQD
1 IQD = 0.095 VUV
1 VUV = 10.503 IQD
1 IQD = 0.002 WST
1 WST = 460.314 IQD
1 IQD = 0.481 XAF
1 XAF = 2.077 IQD
1 IQD = 0.002 XCD
1 XCD = 483.708 IQD
1 IQD = 0.011 SCR
1 SCR = 91.506 IQD
1 IQD = 0.008 SEK
1 SEK = 118.683 IQD
1 IQD = 0.001 SHP
1 SHP = 1612.876 IQD
1 IQD = 1.925 TZS
1 TZS = 0.520 IQD
1 IQD = 0.001 USD
1 USD = 1308.720 IQD
1 IQD = 0.088 XPF
1 XPF = 11.420 IQD
1 IQD = 0.481 XOF
1 XOF = 2.077 IQD

Evolution of the IQD Exchange Rate

The Iraqi dinar (IQD) exchange rate has undergone significant changes over time. Prior to the Gulf War in 1990, the IQD was pegged to the US dollar at a rate of 1 IQD = US$3. Following the war, the IQD faced severe depreciation, reaching as low as 1 IQD = US$3,000 in 1995. In 2003, after the fall of Saddam Hussein's regime, the IQD underwent a redenomination with the introduction of new banknotes and a new exchange rate of 1 IQD = US$0.27.

Variations in the IQD Exchange Rate

Since the redenomination, the IQD exchange rate has remained relatively stable. However, there have been fluctuations in the value of the IQD due to factors such as political instability, conflicts, and changes in oil prices. These fluctuations have mainly resulted in gradual depreciation of the IQD against major currencies.

Significance of IQD in the Global Economy

The IQD is not widely used in international trade and is not actively traded in global foreign exchange markets. Therefore, its significance in the global economy is relatively low. However, Iraq's vast oil reserves and its potential for economic growth make the IQD of interest to investors and speculators.

Shocks Experienced by IQD and Correlation with Other Currencies

The IQD has experienced various shocks throughout its history, primarily due to political instability, conflicts, and fluctuations in global oil prices. These shocks have led to increased volatility in the IQD exchange rate. As for correlation, the IQD's correlation with other currencies is largely influenced by global oil prices, as Iraq heavily relies on oil exports. Therefore, the IQD exchange rate exhibits a positive correlation with oil-exporting currencies such as the Saudi Riyal and UAE Dirham.