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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.
PARADOX to IQD conversion rate trend
PARADOX to IQD market statistics
More info about Paradox (the-base-paradox.com) on Bitget
Current PARADOX to IQD exchange rate
Paradox (the-base-paradox.com) to Iraqi dinar is falling this week.PARADOX to IQD Conversion tables
The exchange rate of Paradox (the-base-paradox.com) is decreasing.PARADOX to IQD
IQD to PARADOX
PARADOX to IQD Today vs. 24 hours ago
Amount | 08:05 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 PARADOX | ع.د35.14 | ع.د34.4 | +2.14% |
1 PARADOX | ع.د70.28 | ع.د68.81 | +2.14% |
5 PARADOX | ع.د351.42 | ع.د344.05 | +2.14% |
10 PARADOX | ع.د702.84 | ع.د688.1 | +2.14% |
50 PARADOX | ع.د3,514.19 | ع.د3,440.5 | +2.14% |
100 PARADOX | ع.د7,028.39 | ع.د6,881 | +2.14% |
500 PARADOX | ع.د35,141.93 | ع.د34,405 | +2.14% |
1000 PARADOX | ع.د70,283.86 | ع.د68,809.99 | +2.14% |
PARADOX to IQD Today vs. 1 month ago
Amount | 08:05 am today | 1 month ago | 1M change |
---|---|---|---|
0.5 PARADOX | ع.د35.14 | ع.د78.38 | -55.16% |
1 PARADOX | ع.د70.28 | ع.د156.75 | -55.16% |
5 PARADOX | ع.د351.42 | ع.د783.77 | -55.16% |
10 PARADOX | ع.د702.84 | ع.د1,567.55 | -55.16% |
50 PARADOX | ع.د3,514.19 | ع.د7,837.73 | -55.16% |
100 PARADOX | ع.د7,028.39 | ع.د15,675.46 | -55.16% |
500 PARADOX | ع.د35,141.93 | ع.د78,377.28 | -55.16% |
1000 PARADOX | ع.د70,283.86 | ع.د156,754.56 | -55.16% |
PARADOX to IQD Today vs. 1 year ago
Amount | 08:05 am today | 1 year ago | 1Y change |
---|---|---|---|
0.5 PARADOX | ع.د35.14 | ع.د4,170.35 | -99.16% |
1 PARADOX | ع.د70.28 | ع.د8,340.7 | -99.16% |
5 PARADOX | ع.د351.42 | ع.د41,703.5 | -99.16% |
10 PARADOX | ع.د702.84 | ع.د83,407.01 | -99.16% |
50 PARADOX | ع.د3,514.19 | ع.د417,035.04 | -99.16% |
100 PARADOX | ع.د7,028.39 | ع.د834,070.07 | -99.16% |
500 PARADOX | ع.د35,141.93 | ع.د4,170,350.36 | -99.16% |
1000 PARADOX | ع.د70,283.86 | ع.د8,340,700.72 | -99.16% |
How to convert PARADOX to IQD



Buy PARADOX (or USDT) for IQD (Iraqi Dinar) offers
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