MYR to IQD Exchange Rate - Convert Malaysian Ringgit to Iraqi Dinar

Converting from Malaysian Ringgit (MYR) to Iraqi Dinar (IQD)

What is Malaysian Ringgit (MYR)

The Malaysian Ringgit, abbreviated as MYR, is the official currency of Malaysia. It is symbolized by "RM". The Ringgit has a longstanding history, with its name derived from the Spanish word "raja," which means "silver." Initially, the currency was denominated in dollars, but it was rebranded to the Ringgit in 1975.

The Malaysian Ringgit is subdivided into 100 sen. Coins are available in values of 5, 10, 20, and 50 sen, along with RM1. Banknotes are issued in denominations of RM1, RM5, RM10, RM20, RM50, and RM100. The Central Bank of Malaysia, also known as Bank Negara Malaysia, is responsible for issuing and regulating the currency. The exchange rates for MYR can fluctuate based on various factors including market conditions, economic stability, and international trade.

As a currency, the Malaysian Ringgit is essential for local transactions and is often used by tourists visiting Malaysia. Understanding how to convert MYR into other currencies, such as the Iraqi Dinar, is vital for planning financial transactions when traveling or conducting business internationally.

What is Iraqi Dinar (IQD)

The Iraqi Dinar, denoted as IQD, is the official currency of Iraq. It was first introduced in 1932, replacing the Indian rupee as the country’s main currency. Like the Malaysian Ringgit, the Dinar also has subunits, with one Dinar comprising 1,000 fils. However, the fils are rarely used in everyday transactions today.

The Iraqi Dinar has faced significant challenges over the years, largely due to economic sanctions, conflicts, and political instability. Despite these issues, the Dinar's value can fluctuate, and it is influenced by factors such as oil prices, government policies, and international relations.

The Dinar is available in both coins and banknotes, with banknotes commonly issued in denominations of 1, 5, 10, 25, 50, and 100 Dinars. The Central Bank of Iraq is responsible for issuing the currency and overseeing the monetary policy to stabilize the economy.

When considering a conversion from MYR to IQD, it's essential to check the current exchange rates as they can change daily. As of the latest data, the exchange rates will provide insights into how much one currency is worth in relation to the other. To convert MYR to IQD, you can use the following formula:

Amount in IQD = Amount in MYR × Exchange Rate (MYR to IQD)

Understanding both currencies' backgrounds and how they function in the global market can help you make informed decisions when converting Malaysian Ringgit to Iraqi Dinar.

Malaysian Ringgit to Iraqi Dinar conversion table

MYR to IQD conversion table

Malaysian Ringgit (MYR)Iraqi Dinar (IQD)
1 MYR295.18430460144 IQD
2 MYR590.36860920289 IQD
3 MYR885.55291380433 IQD
4 MYR1 180.73721840578 IQD
5 MYR1 475.92152300722 IQD
6 MYR1 771.10582760866 IQD
7 MYR2 066.29013221011 IQD
8 MYR2 361.47443681155 IQD
9 MYR2 656.658741413 IQD
10 MYR2 951.84304601444 IQD
100 MYR29 518.4304601444 IQD
200 MYR59 036.86092028879 IQD
300 MYR88 555.29138043319 IQD
400 MYR118 073.72184057759 IQD
500 MYR147 592.15230072199 IQD
600 MYR177 110.58276086638 IQD
700 MYR206 629.01322101078 IQD
800 MYR236 147.44368115518 IQD
900 MYR265 665.87414129958 IQD
1 000 MYR295 184.30460144397 IQD
2 000 MYR590 368.60920288795 IQD
5 000 MYR1 475 921.52300721987 IQD
10 000 MYR2 951 843.04601443973 IQD
20 000 MYR5 903 686.09202887947 IQD
50 000 MYR14 759 215.23007219867 IQD
100 000 MYR29 518 430.46014439734 IQD
Last updated April 1, 2025 at 09:55 PM