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Forex usd iqd exchange rate

Forex usd iqd exchange rateThe Iraqi Dinar is the currency of Iraq. Our currency rankings show that the most popular Iraq Dinar exchange rate is the USD to IQD rate. The currency code for Dinars is IQD, and the currency symbol is ?. ?. Below, you'll find Iraqi Dinar rates and a currency converter. You can also subscribe to our currency newsletters with daily rates and analysis, read the XE Currency Blog, or take IQD rates on the go with our XE Currency Apps and website. Notice: IQD may be redenominated. More info ? Top IQD Exchange Rates. Name: Iraqi Dinar. Symbol: ?. ?. Minor Unit: 11000 = fils. Top IQD Conversion: USDIQD. Top IQD Chart: USDIQD Chart. Inflation: 2.00% Coins: Freq Used: ?. ?25, ?. ?50, ?. ?100. Banknotes: Freq Used: ?. ?50, ?. ?100, ?. ?250, ?. ?500, ?. ?1000, ?. ?5000, ?. ?10000, ?. ?25000. Central Bank: Central Bank of Iraq Website: cbi. iq Users: Iraq. Have more info about the Iraqi Dinar?

Email us ? XE Currency Converter. Why are you interested in the IQD? During British occupation in World War I, the Indian Rupee was introduced as the first official currency of Iraq. In 1932, the Iraqi Dinar replaced the Rupee at a rate of 1 Dinar to 11 Rupees and was pegged to the British Pound until 1959. The peg was then switched to the US Dollar at a rate of 1 IQD to 2.8 USD. After the Gulf War in 1991, previously used Swiss printing technology was not available, resulting in new notes being of lesser quality. The previous versions of the Iraqi Dinar started being called Swiss Dinars. Due to excessive government printing of the new issue, the Dinar devalued quickly. New Dinar coins and notes were issued in 2003 to replace old Saddam notes to create a single unified currency. In 2010, the Central Bank of Iraq announced their plans to redenominate the Iraqi Dinar to ease cash transactions. The intention would be to drop three zeros from the nominal value of bank notes; but the actual value of the dinar would remain unchanged. Although the announcement stated that the change would take place by the end of 2010, no redenomination took place. As stated by the Central Bank of Iraq, their mandate is to "ensure domestic price stability and foster a stable competitive market based financial system." For more information about the redenomination, read "Iraq Planning Currency Re-denomination." US Search Mobile Web. Welcome to the Yahoo Search forum! We’d love to hear your ideas on how to improve Yahoo Search . The Yahoo product feedback forum now requires a valid Yahoo ID and password to participate.

You are now required to sign-in using your Yahoo email account in order to provide us with feedback and to submit votes and comments to existing ideas. If you do not have a Yahoo ID or the password to your Yahoo ID, please sign-up for a new account. If you have a valid Yahoo ID and password, follow these steps if you would like to remove your posts, comments, votes, andor profile from the Yahoo product feedback forum. Iraqi Dinar(IQD) To United States Dollar(USD) Iraqi Dinar(IQD) To United States Dollar(USD) Exchange Rates Today. This is the page of Iraqi Dinar (IQD) to United States Dollar (USD) conversion, below you can find the latest exchange rate between them and is updated every 1 minutes. It shows the exchange rate of the two currencies conversion. It also shows the history chart of this currency pairs, by choosing the time period you can get more detailed information. Would you like to invert the currencies pairs? Please visit United States Dollar(USD) To Iraqi Dinar(IQD). Exchange Rates Updated: Aug 25,2018 05:54 UTC. Iraqi Dinar (IQD) and United States Dollar (USD) Currency Exchange Rate Conversion Calculator. This Iraqi Dinar and United States Dollar convertor is up to date with exchange rates from August 25, 2018. Enter the amount to be converted in the box to the left of Iraqi Dinar. Use "Swap currencies" to make United States Dollar the default currency.

Click on United States Dollars or Iraqi Dinars to convert between that currency and all other currencies. The Iraqi Dinar is the currency in Iraq (IQ, IRQ). The United States Dollar is the currency in American Samoa (AS, ASM), British Virgin Islands (VG, VGB, BVI), El Salvador (SV, SLV), Guam (GU, GUM), Marshall Islands (MH, MHL), Micronesia (Federated States of Micronesia, FM, FSM), Northern Mariana Islands (MP, MNP), Palau (PW, PLW), Puerto Rico (PR, PRI), United States (United States of America, US, USA), Turks and Caicos Islands (TC, TCA), Virgin Islands (VI, VIR), Timor-Leste, Ecuador (EC, ECU), Johnston Island, Midway Islands, and Wake Island. The United States Dollar is also known as the American Dollar, and the US Dollar. The symbol for USD can be written $. The United States Dollar is divided into 100 cents. The exchange rate for the Iraqi Dinar was last updated on August 25, 2018 from Yahoo Finance. The exchange rate for the United States Dollar was last updated on August 24, 2018 from The International Monetary Fund. The IQD conversion factor has 5 significant digits. The USD conversion factor has 6 significant digits. Currency Conversion Comments. Where in NYC can I go to exchange my Iraqi dinars back into US dollars? I have Iraqi Dianr and I want to covert it back to US dollar.

Where do I go to do this? I live in Austin Texas. IRAQ would be the only place since they are not internationaly traded yet, and GOD only knows when they will be. So grab a flak and a kevlar and head for the sandbox. Where can I exchange my Dinars for Us dollars. Today, I heard that you can exchange the dinars in Commercial Banks that deal with foreign currency here in New York. Those banks would be The Bank of Commerce, Citi Bank, HSBC, Bank of America, Chase and Citi Bank. But you would have to call them to see which ones are doing it. Eventually, they too will be selling and exchanging dinars. When? Soon. You might try selling them on Ebay. The going rate for a million dinars depending on the denomination is roughly $880 to $1100. The smaller the denomination the higher the cost. Cheapest are the 25,000 notes. The official Iraq Central Bank rate is 1475 = $1.00. Therefore 1 million iraq dinars cost about $678. I know of no major International Banks that are dealing in Iraqi currency.

92106. Will this money ever be worth anything. Go for a read on the dinarhollics site on, truckandbarter go to the right and click on Iraq dinar, then scroll down slow as there are over 1,000 pages, all posts are dated, so you know where you are, Steve. Citibank will not buy or sell Iraqi banknotes. Citibank does not wholesale currency so it's a retail operation that does not offer all currency notes. We should be able to invest in IQDs. Dammet, our boys are dying over there, trying to give them a free society. If we are allowed to buy IQDs, we should be able to convert to US dollars, hell, were're investing in their future. If you just ask your bank you may find you can buy Iraq Dinars for a lot less than on Ebay or the Internet. The Bank of America sells them and Chase Bank and Wells Fargo, but as I have said, Ask and you shall recieve, if they sell them, they will buy them back, but I would hold on till mid April this year, as the 15 month is up for them to be freely traded, as laid down by the IMF, it is the IMF that has kept the dinar so undervalued, for free weekly updates send an email to, [email protected] army, mil and ask to be on the list for the free weekly updates, you will want to keep your dinars then, have a nice day. I left in 1982 and exchanged 1 dinar for a lowzy $3.33 american , Invest in stocks you will loose it, Now you do the math .

Bill. I live in Lufkin Texas where can I go to exchange my dinar into U. S. dollars. The Bank of America, the Chase Bank, and Wells Fargo Bank and a small bank near the Great Lakes, but I would hang on to them guys, the Oil Law is nearly through, Russia and China will be in there like a rat up a drainpipe after the oil, they don't give a monkeys about the security, no probs. How much is the exchange rate of dinar to U. S. Dollar and where could I go to exchange it. What International Bank. Dinar Exchange Rate. where and when can I can I exchange the dinar to U. S. Dollars. Because I called several bank in the Chicago area and no one takes them. Can you help. have Iraqi Dianr and I want to covert it back to US dollar. Where do I go to do this? I live in Kansas City MO. Iraq has issued a tender to drill 50 new oil fields in the southern province of Maysan, according to Arab daily Azzaman. The ministry of Finance together with the Central Bank are studying a proposal to raise the value of the Iraq dinar in order to return it to previous levels where one dinar was valued at $3.33 US dollars. The proposal has the support and approval of the World Bank. Any Chase bank will exchange dinar to dollars for a $5.00 fee if not a customer you can also purchase them for the same fees.

My friend went to Iraq and he gave me some money and I want to change it to american money where could I go to do that? I need a bank that can do it. The IQD is now 1269, which way is it more profitable for the USD. To incereas or decrease? This currency calculator is provided in the hope that it will be useful, but WITHOUT ANY WARRANTY; without even the implied warranty of MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE. US Dollar to Iraqi Dinar Exchange Rate and Currency Converter. Today exchange rate: 1 USD = 1188.75 IQD. By today rate (2018-08-25) USD to IQD equal 1188.751127. US Dollar Currency Exchange Table. United States Dollar currency rate vs major currencies Conversion table. Iraqi Dinar Currency Exchange Table. Iraqi Dinar currency rate vs major currencies Conversion table.

US Dollar compared to Iraqi Dinar. United States Dollar in Iraqi Dinars History Chart. Quick USD to IQD converter. Most convertible amounts of USD in IQD. Top Foreign Currencies. Major foreign currencies exchange rates. Latest Currency Conversion. List of amounts converted today, 2018-08-25. About MoneyExchangeRate. org. MoneyExchangeRate. org © is a free currency converter! Exchange Rate updates every day. Web tool for best quick conversion of currency. Find the latest world Currency Exchange Rates.

Convert money to all main currencies with currency converter. Also available next languages: The Iraqi Dinar vs the U. S. Dollar, and Other Currencies. The early part of October is proving to be a time of stability in the currency markets, particularly in regard to Iraqi dinar vs. other currencies. What Iraqi dinar is worth has remained in a holding pattern, as it has for much of 2017. What is Iraqi dinar rate is about the same as it has been for most of the year, with few changes expected. Iraqi Dinar versus US Dollar. US dollar exchange rate versus the Iraqi dinar (IQD) continues the 2017 trend of relative stability. This is due to stability in both the political and military environments within Iraq. In addition, the price of oil also continues to be range bound at $49.88 per barrel, which also has a calming effect on Iraq’s domestic economy. The regional military situation also appears to be stable. There are no immediate threats to the country’s borders, and all seems especially calm on Iraq’s extensive eastern border with Iran. Geopolitical stability is of course one of the major keys to the direction of the Iraqi dinar. The exchange rate is expected to remain in the same range for the balance of 2017.

That of course could be changed in the event that the Iraqi dinar experiences it’s long awaited revaluation. Of course, no one can know what Iraqi dinar will revalue at, which would also have a major impact on Iraqi dinar vs. other currencies. Iraqi Dinar to the U. S. Dollar Today. What is Iraqi dinar worth in US dollars is always the central question, since the US dollar is the international reserve currency. Though it is impossible to buy Iraqi dinar at most US banks, it can be both priced and purchased at currency trading sites, such as Treasury Vault. According to the US dollar exchange rate calculator, the Iraqi dinar vs American dollar is running with an exchange rate of 1,169.18 Iraqi Dinar (IQD) = 1 USD, as of October 4, 2017. The US dollar exchange rate vs. Iraqi dinar has been at a similar level throughout 2017. It has remained surprisingly consistent with the official exchange rate of 11801182 set in January, 2016. Iraqi Dinar vs US Dollar History. Prior to the Gulf War in 1991, Iraqi dinar traded at a high of more than 3 dinar per 1 US dollar. At times, it even appreciated against the dollar, to well above the original price fixing of 2.8 Iraqi dinar to 1 US dollar, sometime in the 1970s. At that time, Iraqi dinar vs. other currencies fluctuated considerably, as some currencies appreciated against the dollar, while others fell. Iraqi dinar generally increased in value versus the declining currencies, but fell versus the stronger ones.

Once again, the future of the currency will depend on what will Iraqi dinar revalue at, if and when revaluation takes place. And naturally, the currency value will be determined in large part by the price of oil, among other factors. The price of oil is critical to Iraqi dinar, since it is the country’s primary product, as well as its major export. Oil can never be underestimated as a factor in the value of Iraqi dinar vs. other currencies. Iraq has the fifth largest oil reserves in the world, estimated at more than 143 billion barrels. Iraqi Dinar vs USD Chart. Iraqi dinar vs US dollar chart shows little change from last week. There was a bit of a spike in the exchange rate versus the US dollar at the very end of September, but the rate has moved back down to familiar territory since. The high, low and average exchange rates for the past 12 months look like this: Highest : 1183.8721 IQD to 1 US dollar, on 30 Sep 2017. Average : 1168.9036 IQD over this period. Lowest : 1152.1171 IQD on 20 Jul 2017. The 12-month peak, achieved on September 30, shows that there is at least some upside potential to the Iraqi dinar, even absent a possible revaluation. How to Convert Iraqi Dinar to US Dollars. Once again, you can convert Iraqi dinar to US dollars using an exchange rate calculator.

The same calculator can show Iraqi dinar vs. other currencies at current exchange rates. In order to actually buy or sell the currency, you will most certainly need to use a reputable currency trader. Though there are a few banks that buy and sell currencies, only a handful will exchange Iraqi dinar. If you’re going to trade the currency through a currency trader, be sure that you fully understand the risks involved with investing in exotic currencies like the Iraqi dinar. Also, very important, never work with a currency trader that tries to provide you with advice in order to get you to buy a certain currency. The currency trader should work strictly as a broker, and not as an investment advisor. The assumption should always be that you know what it is you’re investing your money in. Now let’s take a look at the activity with Iraqi dinar vs. other currencies. Iraqi Dinar vs Vietnamese Dong. As of early October, the Vietnamese dong exchange rate is running at 1 IQD = 19.4324 Vietnamese dong VND. The Vietnamese dong is another exotic currency, so considered because the currency is only of value within the borders of the issuing country. Dong serve as a medium of exchange only within the borders of Vietnam itself. Though it has an official exchange rate among global currencies, there’s little market trading between the dong and other currencies, other than to convert the dong to hard currencies to make international purchases. Iraqi Dinar vs Philippine Peso. The Philippine peso exchange rate for early October is running at 22.9272IQD to 1 Philippine peso (PHP). That’s actually at the higher end of the 12-month range, which is high of 22.68651 IQD to 1 PHP, to a low of 24.58403 IQD to 1 PHP. Relative stability in Iraq, and with oil prices, in contrast to both political instability in the Philippines, as well as a simmering conflict with China over the South China Sea, are contributing to the strength in the Iraqi dinar versus the Philippine peso. The euro exchange rate is holding at 1,374.01 IQD = 1 euro (EUR), little changed from last week. In the past 12 months, Iraqi dinar have fluctuated between a low of 1411.34057 = 1 EUR, to a high of 1221.2572.

That indicates that, at least at the present time, Iraqi dinar are trading on the lower and of the 12-month trading range. Various financial circumstances in Europe, particularly with southern European banks, has not had a material effect on the strength of the Iraqi dinar vs. other currencies in Europe, particularly the euro itself. Iraqi Dinar vs Saudi Riyal. As would be expected, the exchange rate between Iraqi dinar and Saudi Riyal has been very stable. The value as of early October is 311.658 IQD = 1 Saudi Riyal (SAR). The current Iraqi dinar rate versus SAR is sitting right in the middle of the 12-month trading range. That range includes a high of 304.39101 IQD = 1 SAR, to a low of 318.45525 IQD = 1 SAR. The stability of the exchange rate between the Iraqi dinar and the Saudi Riyal is of course not surprising. The situations of the two countries are closely correlated, not the least of which because they share an extensive common boundary. But both countries also face similar pressures, including the political and geopolitical dynamics of the Persian Gulf region. Saudi Arabia, like Iraq, is also largely dependent upon oil for its economic survival, and thus its currency is equally tied to the price of oil. Let’s move on to Iraqi dinar vs. other currencies, particularly those of other countries whose economic fortunes are not tied primarily to the price of oil. Iraqi Dinar vs Canadian Dollar. The Canadian dollar has something of an oil connection. Canada is one of the world’s major oil producing countries, and it represents a major source of foreign revenue. However, Canada has a highly diversified economy, with oil representing a relatively small part of its economic big picture.

As an issuer of a hard currency, like the US dollar and the euro, the Canadian currency tends to track those currencies more closely. The Canadian dollar exchange rate is 936.495 IQD = 1 Canadian dollar (CAD). That compares to a 12-month range of a high of 848.51233 IQD = 1 CAD, to a low of 967.94566 IQD = 1 CAD. Iraqi Dinar vs Bangladeshi Taka. As of early October, the Iraqi dinar exchange rate is 14.2368 IQD = 1 Bangladeshi Taka (BDT). The 12-month range is a high of 13.86103 IQD = 1 BDT, and a low of 15.15446 IQD = 1 BDT. The Taka is considered to be another exotic currency, but one that is not at all affected by oil in any way similar to that of Iraq. Iraqi Dinar vs Indian Rupee. This is always a curious exchange rate, since the Indian Rupee was the original official currency of Iraq until 1932, when it was replaced by Iraqi dinar. Iraqi Dinar vs Indian Rupee currently sits at 17.9821 IQD = 1 Indian Rupee (INR). This contrasts with a high of 16.93078 IQD = 1 INR, and a low of 18.53262 IQD = 1 INR, within the previous 12 months. In nearby Pakistan, the Iraqi dinar vs PAK rupee is currently trading at 11.0949 IQD = 1 Pakistani Rupee (PKR). The 12-month trading range between the currencies is a low of 11.39763 IQD = 1 PAK, to a high of 10.83106 IQD = 1 PAK. As you can see, at least in early October, Iraqi dinar vs. other currencies has remained surprisingly stable. United States Dollar(USD) To Iraqi Dinar(IQD) United States Dollar(USD) To Iraqi Dinar(IQD) Exchange Rates Today. This is the page of United States Dollar (USD) to Iraqi Dinar (IQD) conversion, below you can find the latest exchange rate between them and is updated every 1 minutes. It shows the exchange rate of the two currencies conversion. It also shows the history chart of this currency pairs, by choosing the time period you can get more detailed information. Would you like to invert the currencies pairs? Please visit Iraqi Dinar(IQD) To United States Dollar(USD). Exchange Rates Updated: Aug 25,2018 05:54 UTC. US Search Mobile Web. Welcome to the Yahoo Search forum! We’d love to hear your ideas on how to improve Yahoo Search . The Yahoo product feedback forum now requires a valid Yahoo ID and password to participate.

You are now required to sign-in using your Yahoo email account in order to provide us with feedback and to submit votes and comments to existing ideas. If you do not have a Yahoo ID or the password to your Yahoo ID, please sign-up for a new account. If you have a valid Yahoo ID and password, follow these steps if you would like to remove your posts, comments, votes, andor profile from the Yahoo product feedback forum. Forex usd iqd exchange rate. Name: Iraqi Dinar. Symbol: Ї. № Minor Unit: 11000 = fils. Inflation: 2% Coins: Freq Used: Ї. №25, Ї. №50, Ї. №100. Banknotes: Freq Used: Ї. №50, Ї. №100, Ї. №250, Ї. №500, Ї. №1000, Ї. №5000, Ї. №10000, Ї. №25000. Central Bank: Central Bank of Iraq Website: cbi. iq Users: Iraq. During British occupation in World War I, the Indian Rupee was introduced as the first official currency of Iraq. In 1932, the Iraqi Dinar replaced the Rupee at a rate of 1 Dinar to 11 Rupees and was pegged to the British Pound until 1959. The peg was then switched to the US Dollar at a rate of 1 IQD to 2.8 USD. After the Gulf War in 1991, previously used Swiss printing technology was not available, resulting in new notes being of lesser quality. The previous versions of the Iraqi Dinar started being called Swiss Dinars. Due to excessive government printing of the new issue, the Dinar devalued quickly.

New Dinar coins and notes were issued in 2003 to replace old Saddam notes to create a single unified currency. In 2010, the Central Bank of Iraq announced their plans to redenominate the Iraqi Dinar to ease cash transactions. The intention would be to drop three zeros from the nominal value of bank notes; but the actual value of the dinar would remain unchanged. Although the announcement stated that the change would take place by the end of 2010, no redenomination took place. As stated by the Central Bank of Iraq, their mandate is to "ensure domestic price stability and foster a stable competitive market based financial system." For more information about the redenomination, read "Iraq Planning Currency Re-denomination." The Iraqi Dinar vs the U. S. Dollar, and Other Currencies. The early part of October is proving to be a time of stability in the currency markets, particularly in regard to Iraqi dinar vs. other currencies. What Iraqi dinar is worth has remained in a holding pattern, as it has for much of 2017. What is Iraqi dinar rate is about the same as it has been for most of the year, with few changes expected. Iraqi Dinar versus US Dollar. US dollar exchange rate versus the Iraqi dinar (IQD) continues the 2017 trend of relative stability. This is due to stability in both the political and military environments within Iraq.

In addition, the price of oil also continues to be range bound at $49.88 per barrel, which also has a calming effect on Iraq’s domestic economy. The regional military situation also appears to be stable. There are no immediate threats to the country’s borders, and all seems especially calm on Iraq’s extensive eastern border with Iran. Geopolitical stability is of course one of the major keys to the direction of the Iraqi dinar. The exchange rate is expected to remain in the same range for the balance of 2017. That of course could be changed in the event that the Iraqi dinar experiences it’s long awaited revaluation. Of course, no one can know what Iraqi dinar will revalue at, which would also have a major impact on Iraqi dinar vs. other currencies. Iraqi Dinar to the U. S. Dollar Today. What is Iraqi dinar worth in US dollars is always the central question, since the US dollar is the international reserve currency.

Though it is impossible to buy Iraqi dinar at most US banks, it can be both priced and purchased at currency trading sites, such as Treasury Vault. According to the US dollar exchange rate calculator, the Iraqi dinar vs American dollar is running with an exchange rate of 1,169.18 Iraqi Dinar (IQD) = 1 USD, as of October 4, 2017. The US dollar exchange rate vs. Iraqi dinar has been at a similar level throughout 2017. It has remained surprisingly consistent with the official exchange rate of 11801182 set in January, 2016. Iraqi Dinar vs US Dollar History. Prior to the Gulf War in 1991, Iraqi dinar traded at a high of more than 3 dinar per 1 US dollar. At times, it even appreciated against the dollar, to well above the original price fixing of 2.8 Iraqi dinar to 1 US dollar, sometime in the 1970s. At that time, Iraqi dinar vs. other currencies fluctuated considerably, as some currencies appreciated against the dollar, while others fell. Iraqi dinar generally increased in value versus the declining currencies, but fell versus the stronger ones. Once again, the future of the currency will depend on what will Iraqi dinar revalue at, if and when revaluation takes place. And naturally, the currency value will be determined in large part by the price of oil, among other factors. The price of oil is critical to Iraqi dinar, since it is the country’s primary product, as well as its major export.

Oil can never be underestimated as a factor in the value of Iraqi dinar vs. other currencies. Iraq has the fifth largest oil reserves in the world, estimated at more than 143 billion barrels. Iraqi Dinar vs USD Chart. Iraqi dinar vs US dollar chart shows little change from last week. There was a bit of a spike in the exchange rate versus the US dollar at the very end of September, but the rate has moved back down to familiar territory since. The high, low and average exchange rates for the past 12 months look like this: Highest : 1183.8721 IQD to 1 US dollar, on 30 Sep 2017. Average : 1168.9036 IQD over this period. Lowest : 1152.1171 IQD on 20 Jul 2017. The 12-month peak, achieved on September 30, shows that there is at least some upside potential to the Iraqi dinar, even absent a possible revaluation. How to Convert Iraqi Dinar to US Dollars. Once again, you can convert Iraqi dinar to US dollars using an exchange rate calculator. The same calculator can show Iraqi dinar vs. other currencies at current exchange rates.

In order to actually buy or sell the currency, you will most certainly need to use a reputable currency trader. Though there are a few banks that buy and sell currencies, only a handful will exchange Iraqi dinar. If you’re going to trade the currency through a currency trader, be sure that you fully understand the risks involved with investing in exotic currencies like the Iraqi dinar. Also, very important, never work with a currency trader that tries to provide you with advice in order to get you to buy a certain currency. The currency trader should work strictly as a broker, and not as an investment advisor. The assumption should always be that you know what it is you’re investing your money in. Now let’s take a look at the activity with Iraqi dinar vs. other currencies. Iraqi Dinar vs Vietnamese Dong. As of early October, the Vietnamese dong exchange rate is running at 1 IQD = 19.4324 Vietnamese dong VND. The Vietnamese dong is another exotic currency, so considered because the currency is only of value within the borders of the issuing country. Dong serve as a medium of exchange only within the borders of Vietnam itself. Though it has an official exchange rate among global currencies, there’s little market trading between the dong and other currencies, other than to convert the dong to hard currencies to make international purchases. Iraqi Dinar vs Philippine Peso. The Philippine peso exchange rate for early October is running at 22.9272IQD to 1 Philippine peso (PHP). That’s actually at the higher end of the 12-month range, which is high of 22.68651 IQD to 1 PHP, to a low of 24.58403 IQD to 1 PHP. Relative stability in Iraq, and with oil prices, in contrast to both political instability in the Philippines, as well as a simmering conflict with China over the South China Sea, are contributing to the strength in the Iraqi dinar versus the Philippine peso.

The euro exchange rate is holding at 1,374.01 IQD = 1 euro (EUR), little changed from last week. In the past 12 months, Iraqi dinar have fluctuated between a low of 1411.34057 = 1 EUR, to a high of 1221.2572. That indicates that, at least at the present time, Iraqi dinar are trading on the lower and of the 12-month trading range. Various financial circumstances in Europe, particularly with southern European banks, has not had a material effect on the strength of the Iraqi dinar vs. other currencies in Europe, particularly the euro itself. Iraqi Dinar vs Saudi Riyal. As would be expected, the exchange rate between Iraqi dinar and Saudi Riyal has been very stable. The value as of early October is 311.658 IQD = 1 Saudi Riyal (SAR). The current Iraqi dinar rate versus SAR is sitting right in the middle of the 12-month trading range. That range includes a high of 304.39101 IQD = 1 SAR, to a low of 318.45525 IQD = 1 SAR. The stability of the exchange rate between the Iraqi dinar and the Saudi Riyal is of course not surprising. The situations of the two countries are closely correlated, not the least of which because they share an extensive common boundary. But both countries also face similar pressures, including the political and geopolitical dynamics of the Persian Gulf region. Saudi Arabia, like Iraq, is also largely dependent upon oil for its economic survival, and thus its currency is equally tied to the price of oil. Let’s move on to Iraqi dinar vs. other currencies, particularly those of other countries whose economic fortunes are not tied primarily to the price of oil. Iraqi Dinar vs Canadian Dollar. The Canadian dollar has something of an oil connection. Canada is one of the world’s major oil producing countries, and it represents a major source of foreign revenue.

However, Canada has a highly diversified economy, with oil representing a relatively small part of its economic big picture. As an issuer of a hard currency, like the US dollar and the euro, the Canadian currency tends to track those currencies more closely. The Canadian dollar exchange rate is 936.495 IQD = 1 Canadian dollar (CAD). That compares to a 12-month range of a high of 848.51233 IQD = 1 CAD, to a low of 967.94566 IQD = 1 CAD. Iraqi Dinar vs Bangladeshi Taka. As of early October, the Iraqi dinar exchange rate is 14.2368 IQD = 1 Bangladeshi Taka (BDT). The 12-month range is a high of 13.86103 IQD = 1 BDT, and a low of 15.15446 IQD = 1 BDT. The Taka is considered to be another exotic currency, but one that is not at all affected by oil in any way similar to that of Iraq. Iraqi Dinar vs Indian Rupee. This is always a curious exchange rate, since the Indian Rupee was the original official currency of Iraq until 1932, when it was replaced by Iraqi dinar. Iraqi Dinar vs Indian Rupee currently sits at 17.9821 IQD = 1 Indian Rupee (INR). This contrasts with a high of 16.93078 IQD = 1 INR, and a low of 18.53262 IQD = 1 INR, within the previous 12 months. In nearby Pakistan, the Iraqi dinar vs PAK rupee is currently trading at 11.0949 IQD = 1 Pakistani Rupee (PKR). The 12-month trading range between the currencies is a low of 11.39763 IQD = 1 PAK, to a high of 10.83106 IQD = 1 PAK. As you can see, at least in early October, Iraqi dinar vs. other currencies has remained surprisingly stable.



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