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 MYR299.48990241947 IQD
2 MYR598.97980483894 IQD
3 MYR898.46970725841 IQD
4 MYR1 197.95960967788 IQD
5 MYR1 497.44951209736 IQD
6 MYR1 796.93941451683 IQD
7 MYR2 096.4293169363 IQD
8 MYR2 395.91921935577 IQD
9 MYR2 695.40912177524 IQD
10 MYR2 994.89902419471 IQD
100 MYR29 948.99024194712 IQD
200 MYR59 897.98048389424 IQD
300 MYR89 846.97072584135 IQD
400 MYR119 795.96096778847 IQD
500 MYR149 744.95120973559 IQD
600 MYR179 693.94145168271 IQD
700 MYR209 642.93169362982 IQD
800 MYR239 591.92193557694 IQD
900 MYR269 540.91217752406 IQD
1 000 MYR299 489.90241947118 IQD
2 000 MYR598 979.80483894235 IQD
5 000 MYR1 497 449.51209735588 IQD
10 000 MYR2 994 899.02419471176 IQD
20 000 MYR5 989 798.04838942351 IQD
50 000 MYR14 974 495.12097355878 IQD
100 000 MYR29 948 990.24194711756 IQD
Last updated April 25, 2025 at 11:55 PM