Historic Iraqi dinar Arab Emirates Dirham

Iraqi dinar arab emirates dirham history for January 2024. The highest quote for this month is 0.002865 (09/01/2024) and the lowest 0.002872 (08/01/2024). The difference between high and low is -0.24.

IQD AED average rate for January 2024 is 0.00283, the change between 01/01/2024 and 31/01/2024 is +1.82 %.

01 January 20241 IQD = 0.0029 AED
02 January 20241 IQD = 0.0029 AED
03 January 20241 IQD = 0.0028 AED
04 January 20241 IQD = 0.0028 AED
05 January 20241 IQD = 0.0028 AED
06 January 20241 IQD = 0.0028 AED
07 January 20241 IQD = 0.0028 AED
08 January 20241 IQD = 0.0029 AED
09 January 20241 IQD = 0.0028 AED
10 January 20241 IQD = 0.0029 AED
11 January 20241 IQD = 0.0028 AED
12 January 20241 IQD = 0.0029 AED
14 January 20241 IQD = 0.0028 AED
15 January 20241 IQD = 0.0029 AED
16 January 20241 IQD = 0.0029 AED
17 January 20241 IQD = 0.0029 AED
18 January 20241 IQD = 0.0028 AED
19 January 20241 IQD = 0.0028 AED
22 January 20241 IQD = 0.0029 AED
23 January 20241 IQD = 0.0028 AED
24 January 20241 IQD = 0.0028 AED
25 January 20241 IQD = 0.0028 AED
26 January 20241 IQD = 0.0028 AED
28 January 20241 IQD = 0.0028 AED
29 January 20241 IQD = 0.0029 AED
30 January 20241 IQD = 0.0028 AED
31 January 20241 IQD = 0.0028 AED

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.

17/06/2018: Introduction of New Banknotes

A new series of UAE dirham banknotes, featuring enhanced durability, 3D security features, and tactile marks for visually impaired individuals, is introduced.

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.

01/01/2007: Security Enhancements

New security features, including holograms and advanced anti-counterfeiting measures, are added to the UAE dirham banknotes.

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.

01/12/2002: Introduction of Modern Coinage

A new series of UAE dirham coins, featuring modern designs and security features, is introduced.

20/03/1995: Currency Peg to US Dollar

The UAE dirham is pegged to the United States dollar at a fixed exchange rate of 1 USD to 3.6725 AED.

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.

01/01/1978: Currency Issuance Authority

The UAE Currency Issuing Authority is established, granting the authority to issue and manage the UAE dirham.

28/01/1973: Decoupling from Pound Sterling

The UAE dirham is officially decoupled from the British pound sterling and a new exchange rate is set.

02/12/1971: Formation of UAE

The United Arab Emirates is formed, resulting in the introduction of the UAE dirham as its official currency.

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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