USD to IQD Exchange Rate - Convert US Dollar to Iraqi Dinar

Converting from US Dollar (USD) to Iraqi Dinar (IQD)

What is US Dollar (USD)

The US Dollar (USD) is the official currency of the United States of America. It is one of the most widely used currencies in the world and serves as a global reserve currency. The dollar is recognized by the symbol “$” and is often denoted by the code USD in international finance.

The US Dollar was established as the country’s currency in 1792, and its influence has grown over the years, becoming a primary medium for international trade and investment. The dollar’s strength is derived from the size of the US economy, its political stability, and its liquidity in the global market. Additionally, many countries peg their currencies to the US dollar to stabilize their economies, making it a key player in international finance.

In terms of value, the dollar is subdivided into 100 cents. It has a rich array of denominations, including bills that come in $1, $5, $10, $20, $50, and $100, along with coins in 1 cent (penny), 5 cents (nickel), 10 cents (dime), 25 cents (quarter), and others. The US Dollar's value can fluctuate based on various economic factors, including inflation rates, interest rates, and changes in government policy.

What is Iraqi Dinar (IQD)

The Iraqi Dinar (IQD) is the official currency of Iraq, represented by the symbol "ع.د" or the code IQD. The dinar has undergone several revisions and was first introduced in 1932. Its structure includes subdivisions into 1,000 fils, although fils coins are now virtually obsolete and seldom used in transactions.

The Iraqi Dinar has experienced considerable fluctuations in its value over the years, primarily due to historical economic challenges, including wars, sanctions, and political instability. Currently, the Central Bank of Iraq manages the currency, aiming to stabilize the economy and control inflation.

When it comes to its denominations, Iraqi Dinar notes are available in values of 1, 5, 10, 25, 50, and 100 dinars. Despite the challenges, many in Iraq continue to use the dinar for everyday transactions, from small purchases to larger financial dealings.

Converting USD to IQD

To convert US Dollars to Iraqi Dinars, individuals can use various online currency converters or consult financial institutions. The exchange rates fluctuate regularly due to market conditions, so it’s important to check the latest rates to ensure accurate conversions.

For example, if the exchange rate is $1 = 1,450 IQD, converting $100 would yield

100 × 1450 = 145,000 IQD

. Understanding these conversions is essential for travelers, importers, and anyone involved in financial transactions between the two currencies.

In conclusion, both the US Dollar and the Iraqi Dinar hold significant places in their respective economies and in the global market. Staying informed about their values and exchange rates can facilitate smoother transactions and enhance economic understanding.

US Dollar to Iraqi Dinar conversion table

USD to IQD conversion table

US Dollar (USD)Iraqi Dinar (IQD)
1 USD1 310.2748802088 IQD
2 USD2 620.5497604176 IQD
3 USD3 930.8246406264 IQD
4 USD5 241.0995208352 IQD
5 USD6 551.374401044 IQD
6 USD7 861.6492812528 IQD
7 USD9 171.9241614616 IQD
8 USD10 482.1990416704 IQD
9 USD11 792.4739218792 IQD
10 USD13 102.748802088 IQD
100 USD131 027.48802088 IQD
200 USD262 054.97604176 IQD
300 USD393 082.46406264 IQD
400 USD524 109.95208352 IQD
500 USD655 137.4401044 IQD
600 USD786 164.92812528 IQD
700 USD917 192.41614616 IQD
800 USD1 048 219.90416704 IQD
900 USD1 179 247.39218792 IQD
1 000 USD1 310 274.8802088 IQD
2 000 USD2 620 549.7604176 IQD
5 000 USD6 551 374.401044 IQD
10 000 USD13 102 748.802088 IQD
20 000 USD26 205 497.604176 IQD
50 000 USD65 513 744.01044 IQD
100 000 USD131 027 488.02088 IQD
Last updated March 14, 2025 at 05:55 AM