


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.
GWP to IQD conversion rate trend
GWP to IQD market statistics
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Current GWP to IQD exchange rate
Gateway Protocol to Iraqi dinar is falling this week.GWP to IQD Conversion tables
The exchange rate of Gateway Protocol is decreasing.GWP to IQD
IQD to GWP
GWP to IQD Today vs. 24 hours ago
Amount | 22:27 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 GWP | ع.د0 | ع.د72.9 | -82.57% |
1 GWP | ع.د0 | ع.د145.8 | -82.57% |
5 GWP | ع.د0 | ع.د729.02 | -82.57% |
10 GWP | ع.د0 | ع.د1,458.04 | -82.57% |
50 GWP | ع.د0 | ع.د7,290.21 | -82.57% |
100 GWP | ع.د0 | ع.د14,580.43 | -82.57% |
500 GWP | ع.د0 | ع.د72,902.14 | -82.57% |
1000 GWP | ع.د0 | ع.د145,804.28 | -82.57% |
GWP to IQD Today vs. 1 month ago
Amount | 22:27 today | 1 month ago | 1M change |
---|---|---|---|
0.5 GWP | ع.د0 | ع.د567.25 | -97.36% |
1 GWP | ع.د0 | ع.د1,134.5 | -97.36% |
5 GWP | ع.د0 | ع.د5,672.49 | -97.36% |
10 GWP | ع.د0 | ع.د11,344.98 | -97.36% |
50 GWP | ع.د0 | ع.د56,724.91 | -97.36% |
100 GWP | ع.د0 | ع.د113,449.82 | -97.36% |
500 GWP | ع.د0 | ع.د567,249.09 | -97.36% |
1000 GWP | ع.د0 | ع.د1,134,498.17 | -97.36% |
GWP to IQD Today vs. 1 year ago
Amount | 22:27 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 GWP | ع.د0 | ع.د1,884.8 | -99.19% |
1 GWP | ع.د0 | ع.د3,769.6 | -99.19% |
5 GWP | ع.د0 | ع.د18,847.99 | -99.19% |
10 GWP | ع.د0 | ع.د37,695.97 | -99.19% |
50 GWP | ع.د0 | ع.د188,479.86 | -99.19% |
100 GWP | ع.د0 | ع.د376,959.72 | -99.19% |
500 GWP | ع.د0 | ع.د1,884,798.59 | -99.19% |
1000 GWP | ع.د0 | ع.د3,769,597.18 | -99.19% |
How to convert GWP to IQD



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