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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.
MLC to IQD conversion rate trend
How to buy Mithila Coin
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Buy MLC (or USDT) for IQD (Iraqi Dinar) offers
Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
---|---|---|---|---|
B BGUSER-DQKE10KD 8 trades|Completion rate 89.00% | 1 USD | Amount200 USDT Limit100 - 300 USD | ![]() | |
A Aleksin ![]() 609 trades|Completion rate 93.00% | 1 USD | Amount1009 USDT Limit10 - 1009 USD | ![]() ![]() | |
R RussiaBank 74 trades|Completion rate 99.00% | 1 USD | Amount1100 USDT Limit50 - 1000 USD | ![]() ![]() | |
R RussiaBank 74 trades|Completion rate 99.00% | 1 USD | Amount65 USDT Limit20 - 49 USD | ![]() ![]() | |
A Alex_Top 21 trades|Completion rate 100.00% | 1 USD | Amount257.88 USDT Limit30 - 230 USD | ![]() ![]() |
Sell MLC (or USDT) for IQD (Iraqi Dinar) offers
Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
---|---|---|---|---|
R Russiad_BC 23 trades|Completion rate 62.00% | 1.245 USD | Amount1443.18 USDT Limit10 - 2000 USD | ![]() | |
A Aleksin ![]() 609 trades|Completion rate 93.00% | 1.05 USD | Amount8887.8 USDT Limit10 - 2000 USD | ![]() ![]() | |
R RUSSBANK777 67 trades|Completion rate 89.00% | 1.05 USD | Amount5000 USDT Limit50 - 500 USD | ![]() ![]() | |
B Brothers Group 0 trades|Completion rate 0.00% | 1.05 USD | Amount100000 USDT Limit1000 - 5000 USD | ![]() | |
c criptocambios16 8 trades|Completion rate 89.00% | 1.03 USD | Amount95000 USDT Limit49900 - 50000 USD | ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
What factors influence the conversion rate of Mithila Coin to Iraqi dinar?
Mithila Coin to Iraqi dinar is rising this week.Conversion tables
The exchange rate of Mithila Coin is decreasing.MLC to IQD
IQD to MLC
Today vs. 24 hours ago
Amount | 13:08 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 MLC | $0.4328 | $0.4538 | -4.63% |
1 MLC | $0.8655 | $0.9076 | -4.63% |
5 MLC | $4.33 | $4.54 | -4.63% |
10 MLC | $8.66 | $9.08 | -4.63% |
50 MLC | $43.28 | $45.38 | -4.63% |
100 MLC | $86.55 | $90.76 | -4.63% |
500 MLC | $432.77 | $453.8 | -4.63% |
1000 MLC | $865.55 | $907.6 | -4.63% |
Today vs. 1 month ago
Amount | 13:08 today | 1 month ago | 1M change |
---|---|---|---|
0.5 MLC | $0.4328 | $0.4500 | -3.83% |
1 MLC | $0.8655 | $0.9000 | -3.83% |
5 MLC | $4.33 | $4.5 | -3.83% |
10 MLC | $8.66 | $9 | -3.83% |
50 MLC | $43.28 | $45 | -3.83% |
100 MLC | $86.55 | $90 | -3.83% |
500 MLC | $432.77 | $450 | -3.83% |
1000 MLC | $865.55 | $900 | -3.83% |
Today vs. 1 year ago
Amount | 13:08 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 MLC | $0.4328 | $0.01144 | +3704.85% |
1 MLC | $0.8655 | $0.02287 | +3704.85% |
5 MLC | $4.33 | $0.1144 | +3704.85% |
10 MLC | $8.66 | $0.2287 | +3704.85% |
50 MLC | $43.28 | $1.14 | +3704.85% |
100 MLC | $86.55 | $2.29 | +3704.85% |
500 MLC | $432.77 | $11.44 | +3704.85% |
1000 MLC | $865.55 | $22.87 | +3704.85% |
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