This page shows the historical data for Iraqi Dinar(IQD) To United States Dollar(USD) From Friday 21/02/2020 To Saturday 14/03/2020. With the history chart of this currency pairs you can review market history and analyze rate trends. The Iraqi Dinar is issued by the Central Bank of Iraq. The Dinar was subdivided into 1,000 fils, but inflation has rendered the fils obsolete. As a result the deposition of Saddam Hussein in the 2003 invasion of Iraq, the new Iraqi Dinar was released on October 15, 2003. Economy Iraqi Dinar: Overview When the Iraqi Dinar was introduced in 1932, it was equal to US$4.86. It declined to US$2.80 and remained at this figure till 1971 and subsequently appreciated to US$3.39. The Iraq war led to a fall in the value of the currency in the 1980s to US$3.22, and sustained this exchange rate despite rising debt. iraqi dinar rates livetoday. Our currency rates table allows you to compare an amount in US Dollar to other currencies. The following are factors affecting the Iraqi dinar exchange rate: 1. Excessive Dependence on Oil Iraq depends almost entirely on the oil industry. In the recent years, 95 percent of the country’s foreign exchange earnings can be attributed to oil exports. 80 percent of the country’s revenue is also from the oil industry. Say, for example, the Iraqi dinar forex rate (IQD/USD) is 1,160 Iraqi dinar per U.S. dollar. If you invest $1000 in Iraqi dinars with that rate, you will get 1.16 million Iraqi dinars.
The Iraqi Dinar is issued by the Central Bank of Iraq. The Dinar was subdivided into 1,000 fils, but inflation has rendered the fils obsolete. As a result the deposition of Saddam Hussein in the 2003 invasion of Iraq, the new Iraqi Dinar was released on October 15, 2003. Economy Iraqi Dinar: Overview When the Iraqi Dinar was introduced in 1932, it was equal to US$4.86. It declined to US$2.80 and remained at this figure till 1971 and subsequently appreciated to US$3.39. The Iraq war led to a fall in the value of the currency in the 1980s to US$3.22, and sustained this exchange rate despite rising debt. iraqi dinar rates livetoday. Our currency rates table allows you to compare an amount in US Dollar to other currencies. The following are factors affecting the Iraqi dinar exchange rate: 1. Excessive Dependence on Oil Iraq depends almost entirely on the oil industry. In the recent years, 95 percent of the country’s foreign exchange earnings can be attributed to oil exports. 80 percent of the country’s revenue is also from the oil industry.
You can click the " Convert Link" to view more information about the Iraqi Dinar against foreign currencies, such as historical exchange rates and so on. Historically, the Iraqi Dinar reached an all time high of 1191 in July of 2018. The Iraqi Dinar is expected to trade at 1187.62 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 1187.62 in 12 months time. Iraqi Dinar History 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.
This page shows the historical data for Iraqi Dinar(IQD) To United States Dollar(USD) From Friday 21/02/2020 To Saturday 14/03/2020. With the history chart of this currency pairs you can review market history and analyze rate trends. The Iraqi Dinar is issued by the Central Bank of Iraq. The Dinar was subdivided into 1,000 fils, but inflation has rendered the fils obsolete. As a result the deposition of Saddam Hussein in the 2003 invasion of Iraq, the new Iraqi Dinar was released on October 15, 2003. Economy Iraqi Dinar: Overview When the Iraqi Dinar was introduced in 1932, it was equal to US$4.86. It declined to US$2.80 and remained at this figure till 1971 and subsequently appreciated to US$3.39. The Iraq war led to a fall in the value of the currency in the 1980s to US$3.22, and sustained this exchange rate despite rising debt. iraqi dinar rates livetoday. Our currency rates table allows you to compare an amount in US Dollar to other currencies. The following are factors affecting the Iraqi dinar exchange rate: 1. Excessive Dependence on Oil Iraq depends almost entirely on the oil industry. In the recent years, 95 percent of the country’s foreign exchange earnings can be attributed to oil exports. 80 percent of the country’s revenue is also from the oil industry. Say, for example, the Iraqi dinar forex rate (IQD/USD) is 1,160 Iraqi dinar per U.S. dollar. If you invest $1000 in Iraqi dinars with that rate, you will get 1.16 million Iraqi dinars.
Iraqi Dinar (IQD) Currency Exchange Rate Conversion Calculator Other Resources. Wikipedia: Iraqi Dinar - History and circulation information. IraqiDinar. org No profits have been made, I only have lost money, but whats new right? cody. Iraqi Dinar to US Dollar - Historical Rates Iraqi Dinar to Pound Sterling - 10 Year History The page provides the exchange rate of 2019 Iraqi Dinar (IQD) to US Dollar ( USD), sale and the history table with exchange rate diagram for 2019 Iraqi Dinar (IQD) to US Dollar 20190 IQD to USD · 2019 Iraqi Dinar to New Zealand Dollar. You can click the " Convert Link" to view more information about the Iraqi Dinar against foreign currencies, such as historical exchange rates and so on.