Historic Iraqi dinar Australian dollar

Iraqi dinar australian dollar history for November 2023. The highest quote for this month is 0.001235 (01/11/2023) and the lowest 0.001225 (10/11/2023). The difference between high and low is 0.81.

IQD AUD average rate for November 2023 is 0.00119, the change between 01/11/2023 and 30/11/2023 is +4.23 %.

01 November 20231 IQD = 0.0012 AUD
02 November 20231 IQD = 0.0012 AUD
03 November 20231 IQD = 0.0012 AUD
06 November 20231 IQD = 0.0012 AUD
07 November 20231 IQD = 0.0012 AUD
08 November 20231 IQD = 0.0012 AUD
09 November 20231 IQD = 0.0012 AUD
10 November 20231 IQD = 0.0012 AUD
12 November 20231 IQD = 0.0012 AUD
13 November 20231 IQD = 0.0012 AUD
14 November 20231 IQD = 0.0012 AUD
15 November 20231 IQD = 0.0012 AUD
16 November 20231 IQD = 0.0012 AUD
17 November 20231 IQD = 0.0012 AUD
18 November 20231 IQD = 0.0012 AUD
19 November 20231 IQD = 0.0012 AUD
20 November 20231 IQD = 0.0012 AUD
21 November 20231 IQD = 0.0012 AUD
22 November 20231 IQD = 0.0012 AUD
23 November 20231 IQD = 0.0012 AUD
24 November 20231 IQD = 0.0012 AUD
26 November 20231 IQD = 0.0012 AUD
27 November 20231 IQD = 0.0012 AUD
28 November 20231 IQD = 0.0012 AUD
29 November 20231 IQD = 0.0011 AUD
30 November 20231 IQD = 0.0012 AUD

18/03/2020: COVID-19 pandemic impact

The Australian dollar experienced a sharp decline due to the global economic impact of the COVID-19 pandemic and uncertainty in financial markets.

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.

13/10/2011: Record high exchange rate

The Australian dollar reached a record high exchange rate of above $1.10 against the US dollar, driven by strong commodity demand and high interest rates.

06/10/2008: Global Financial Crisis

The Australian dollar experienced a significant decline due to the impact of the global financial crisis, reaching a low point of around $0.60 against the US dollar.

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.

30/06/1996: Introduction of the polymer banknotes

Australia introduced polymer banknotes, replacing the paper-based banknotes, enhancing their durability and security features.

02/08/1990: Iraq invades Kuwait

Iraq's invasion of Kuwait resulted in international economic sanctions and further devaluation of the Iraqi dinar.

08/03/1983: Floating of the Australian dollar

The Australian dollar was fully floated and allowed to fluctuate freely on the foreign exchange market, leading to increased volatility.

22/09/1980: Iran-Iraq War Begins

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

12/12/1971: End of the fixed exchange rate

Australia shifted from a fixed exchange rate to a flexible exchange rate, allowing market forces to determine the value of the Australian dollar.

13/02/1966: Decimalisation of the Australian currency

Australia adopted decimal currency, replacing the pound with the Australian dollar, symbol 'A$'.

03/10/1932: Independence of Iraq

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