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IQD information
About Iraqi Dinar (IQD)
The Iraqi Dinar (IQD), the official currency of Iraq, is a significant symbol of the nation's economic and political history. It is commonly abbreviated as IQD and represented by the symbol ع.د. Introduced in 1932, replacing the Indian Rupee, the Dinar has been a witness to Iraq’s rich cultural heritage, vast economic changes, and periods of conflict and reconstruction.
Historical Background
The Iraqi Dinar was established when Iraq was a British mandate following World War I. The decision to replace the Indian Rupee with the Dinar was part of Iraq’s initial steps towards establishing a sovereign state. The currency has since undergone several transformations, reflecting the country’s turbulent history, including coups, wars, and economic sanctions.
Design and Symbolism
The design of the Iraqi Dinar reflects the country's rich history and diverse culture. Banknotes feature important historical figures, such as King Faisal I, and landmarks that symbolize Iraq’s ancient civilization, like the Great Mosque of Samarra. The notes also showcase Iraq’s natural beauty, including rivers and palm trees, representing the country’s agricultural heritage.
Economic Role
The Dinar is central to Iraq’s economy, driven primarily by oil exports. It facilitates all economic activities within the country, from government spending to local trade. The stability of the Dinar is crucial for economic growth, affecting everything from foreign investment to the purchasing power of ordinary Iraqis.
Monetary Policy and Inflation
Managed by the Central Bank of Iraq, the Dinar’s value has been subject to fluctuations due to political instability, economic sanctions, and fluctuating oil prices. The bank’s policies aim to stabilize the currency, control inflation, and foster a climate conducive to economic recovery and growth.
The Dinar in International Trade
Given Iraq’s status as a major oil exporter, the Dinar plays a significant role in international trade within the energy sector. The currency’s exchange rate against global currencies impacts Iraq’s trade balance and overall economic stability.
Sanctions and the Dinar
Economic sanctions have historically impacted the Dinar’s value and Iraq’s economy. The lifting of sanctions and subsequent economic reforms play a crucial role in the Dinar’s recovery and the nation’s reintegration into the global economy.
WEMIX$ to IQD conversion rate trend
Conversion rate comparison of various exchanges
Exchange | Price | Maker / Taker Fee | Tradable |
---|---|---|---|
Bitget | ع.د1,312.11 | 0.0200% / 0.0320% |
How to buy WEMIX Dollar
Buy WEMIX$ (or USDT) for IQD (Iraqi Dinar) offers
Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
---|---|---|---|---|
n ninos.finance ![]() ![]() 321 trades|Completion rate 75.00% | 0.999 USD | Amount89.99 USDT Limit10 - 30 USD | ![]() | |
O OTEDOLA ![]() 72 trades|Completion rate 86.00% | 1.01 USD | Amount500 USDT Limit10 - 505 USD | ![]() ![]() ![]() | |
m mundocripto ![]() 20 trades|Completion rate 91.00% | 1.018 USD | Amount399.14 USDT Limit10 - 200 USD | ![]() | |
G GusiCryptoFast ![]() 5 trades|Completion rate 100.00% | 1.025 USD | Amount398 USDT Limit10 - 407.154 USD | ![]() ![]() ![]() | |
v visionary ![]() 5 trades|Completion rate 23.00% | 1.027 USD | Amount54.61 USDT Limit20 - 399 USD | ![]() ![]() |
Sell WEMIX$ (or USDT) for IQD (Iraqi Dinar) offers
Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
---|---|---|---|---|
S Sinai Saud Trades ![]() 26 trades|Completion rate 96.00% | 1.199 USD | Amount37134.99 USDT Limit1300 - 47600 USD | ![]() ![]() ![]() ![]() ![]() | |
R Russiad_BC ![]() 32 trades|Completion rate 86.00% | 1.192 USD | Amount3736.2 USDT Limit10 - 4000 USD | ![]() | |
c cR7_trader ![]() 10 trades|Completion rate 100.00% | 1.145 USD | Amount4893.23 USDT Limit100 - 5000 USD | ![]() | |
D DimTrade ![]() 0 trades|Completion rate 0.00% | 1.1 USD | Amount4502.79 USDT Limit100 - 1000 USD | ![]() | |
y yaske212 ![]() 25 trades|Completion rate 76.00% | 1.04 USD | Amount600 USDT Limit10 - 600 USD | ![]() |
What factors influence the conversion rate of WEMIX Dollar to Iraqi Dinar?
WEMIX Dollar to Iraqi Dinar is rising this week.Conversion tables
The exchange rate of WEMIX Dollar is decreasing.WEMIX$ to IQD
IQD to WEMIX$
Today vs. 24 hours ago
Amount | 22:35 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 WEMIX$ | $0.5008 | $0.5009 | -0.01% |
1 WEMIX$ | $1 | $1 | -0.01% |
5 WEMIX$ | $5.01 | $5.01 | -0.01% |
10 WEMIX$ | $10.02 | $10.02 | -0.01% |
50 WEMIX$ | $50.08 | $50.09 | -0.01% |
100 WEMIX$ | $100.17 | $100.17 | -0.01% |
500 WEMIX$ | $500.84 | $500.87 | -0.01% |
1000 WEMIX$ | $1,001.68 | $1,001.73 | -0.01% |
Today vs. 1 month ago
Amount | 22:35 today | 1 month ago | 1M change |
---|---|---|---|
0.5 WEMIX$ | $0.5008 | $0.5009 | -0.00% |
1 WEMIX$ | $1 | $1 | -0.00% |
5 WEMIX$ | $5.01 | $5.01 | -0.00% |
10 WEMIX$ | $10.02 | $10.02 | -0.00% |
50 WEMIX$ | $50.08 | $50.09 | -0.00% |
100 WEMIX$ | $100.17 | $100.17 | -0.00% |
500 WEMIX$ | $500.84 | $500.86 | -0.00% |
1000 WEMIX$ | $1,001.68 | $1,001.72 | -0.00% |
Today vs. 1 year ago
Amount | 22:35 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 WEMIX$ | $0.5008 | $0.0008554 | 0.00% |
1 WEMIX$ | $1 | $0.001711 | 0.00% |
5 WEMIX$ | $5.01 | $0.008554 | 0.00% |
10 WEMIX$ | $10.02 | $0.01711 | 0.00% |
50 WEMIX$ | $50.08 | $0.08554 | 0.00% |
100 WEMIX$ | $100.17 | $0.1711 | 0.00% |
500 WEMIX$ | $500.84 | $0.8554 | 0.00% |
1000 WEMIX$ | $1,001.68 | $1.71 | 0.00% |
WEMIX Dollar price prediction
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