Historic Iraqi dinar New Zealand Dollar

Iraqi dinar new zealand dollar history for December 2023. The highest quote for this month is 0.001281 (13/12/2023) and the lowest 0.001272 (11/12/2023). The difference between high and low is 0.7.

IQD NZD average rate for December 2023 is 0.00124, the change between 01/12/2023 and 31/12/2023 is +4.74 %.

01 December 20231 IQD = 0.0013 NZD
02 December 20231 IQD = 0.0012 NZD
03 December 20231 IQD = 0.0012 NZD
04 December 20231 IQD = 0.0013 NZD
05 December 20231 IQD = 0.0012 NZD
06 December 20231 IQD = 0.0012 NZD
07 December 20231 IQD = 0.0013 NZD
08 December 20231 IQD = 0.0012 NZD
10 December 20231 IQD = 0.0012 NZD
11 December 20231 IQD = 0.0013 NZD
12 December 20231 IQD = 0.0012 NZD
13 December 20231 IQD = 0.0013 NZD
14 December 20231 IQD = 0.0012 NZD
15 December 20231 IQD = 0.0012 NZD
16 December 20231 IQD = 0.0012 NZD
17 December 20231 IQD = 0.0012 NZD
18 December 20231 IQD = 0.0012 NZD
19 December 20231 IQD = 0.0013 NZD
20 December 20231 IQD = 0.0012 NZD
21 December 20231 IQD = 0.0012 NZD
22 December 20231 IQD = 0.0012 NZD
23 December 20231 IQD = 0.0012 NZD
24 December 20231 IQD = 0.0012 NZD
25 December 20231 IQD = 0.0012 NZD
26 December 20231 IQD = 0.0012 NZD
27 December 20231 IQD = 0.0012 NZD
28 December 20231 IQD = 0.0012 NZD
29 December 20231 IQD = 0.0012 NZD

20/03/2020: COVID-19 Pandemic Effects

The outbreak of the COVID-19 pandemic causes global economic turmoil, leading to volatility in the New Zealand dollar exchange rate and GDP contraction.

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.

10/10/2008: Global Financial Crisis Hits New Zealand

New Zealand experiences the impact of the global financial crisis, leading to a sharp depreciation of the New Zealand dollar and economic slowdown.

10/07/2005: Polymer Banknotes Introduced

New Zealand introduces polymer banknotes, replacing the traditional paper notes for increased durability and security.

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.

05/10/1987: Black Monday Stock Market Crash

Global stock market crash leads to a significant devaluation of the New Zealand dollar and a deep recession in the country.

04/03/1985: Floating Exchange Rate Introduced

New Zealand dollar is allowed to float freely against other currencies, marking the end of fixed exchange rates.

22/09/1980: Iran-Iraq War Begins

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

10/07/1961: Decimalization of Currency

New Zealand adopts the decimal currency system, replacing the pound with the New Zealand dollar. NZ$1 is equivalent to NZ£2.

19/10/1933: New Zealand Pound Pegged to the British Pound

New Zealand pound is pegged to the British pound at a rate of £1 to NZ£0.624275.

03/10/1932: Independence of Iraq

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