Historic Iranian Rial Iraqi dinar

Iranian Rial iraqi dinar history for January 2024. The highest quote for this month is 160.59 (03/01/2024) and the lowest 160.17 (03/01/2024). The difference between high and low is 0.26.

IRR IQD average rate for January 2024 is 0.03092, the change between 01/01/2024 and 31/01/2024 is -1.84 %.

01 January 20241 IRR = 0.0306 IQD
02 January 20241 IRR = 0.0306 IQD
03 January 20241 IRR = 0.0311 IQD
04 January 20241 IRR = 0.0311 IQD
05 January 20241 IRR = 0.0311 IQD
06 January 20241 IRR = 0.0312 IQD
07 January 20241 IRR = 0.0312 IQD
08 January 20241 IRR = 0.0305 IQD
09 January 20241 IRR = 0.0311 IQD
10 January 20241 IRR = 0.0305 IQD
11 January 20241 IRR = 0.0311 IQD
12 January 20241 IRR = 0.0305 IQD
14 January 20241 IRR = 0.0312 IQD
15 January 20241 IRR = 0.0305 IQD
16 January 20241 IRR = 0.0305 IQD
17 January 20241 IRR = 0.0306 IQD
18 January 20241 IRR = 0.0311 IQD
19 January 20241 IRR = 0.0311 IQD
22 January 20241 IRR = 0.0305 IQD
23 January 20241 IRR = 0.0311 IQD
24 January 20241 IRR = 0.0311 IQD
25 January 20241 IRR = 0.0311 IQD
26 January 20241 IRR = 0.0311 IQD
28 January 20241 IRR = 0.0312 IQD
29 January 20241 IRR = 0.0306 IQD
30 January 20241 IRR = 0.0311 IQD
31 January 20241 IRR = 0.0311 IQD

23/02/2020: COVID-19 Pandemic's Impact on the Iranian Rial

The COVID-19 pandemic, along with economic challenges, caused further depreciation of the Iranian Rial (IRR) against major currencies.

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.

10/04/2018: Revaluation of the Iranian Rial

Iran's government announced a new currency exchange rate, devaluing the Iranian Rial (IRR) against foreign currencies.

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.

24/09/2012: Imposition of International Sanctions on Iran

International sanctions were imposed on Iran, leading to a significant decline in the value of the Iranian Rial (IRR).

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.

24/05/1989: Introduction of the Two-Tier Exchange Rate System

Iran implemented a two-tier exchange rate system, with different rates for essential goods and non-essential imports.

22/09/1980: Iran-Iraq War Begins

The Iran-Iraq war started, leading to significant economic challenges and inflation which impacted the Iraqi dinar.

26/10/1975: Floating of the Iranian Rial

The Iranian Rial (IRR) was allowed to float against foreign currencies, marking the end of the fixed exchange rate system.

01/09/1957: Decimalization of the Iranian Rial

The Iranian Rial (IRR) was decimalized, dividing one Toman into 10 Rials to simplify the currency system.

03/10/1932: Independence of Iraq

The Iraqi dinar was introduced as the official currency of Iraq following its independence from British occupation.

01/04/1932: Introduction of the Iranian Rial

The Iranian Rial (IRR) was introduced as the official currency of Iran after replacing the Qiran.