Convert Swiss Franc to Iraqi Dinar
Please provide values below to convert Swiss Franc [CHF] to Iraqi Dinar [IQD], or Convert Iraqi Dinar to Swiss Franc.
How to Convert Swiss Franc to Iraqi Dinar
1 CHF = 0.000606954851996629 IQD
Example: convert 15 CHF to IQD:
15 CHF = 15 × 0.000606954851996629 IQD = 0.00910432277994943 IQD
Swiss Franc to Iraqi Dinar Conversion Table
Swiss Franc | Iraqi Dinar |
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Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, used as a standard monetary unit for transactions and financial purposes.
History/Origin
The Swiss Franc was introduced in 1850, replacing various local currencies, and has since become a stable and widely recognized currency, with its value historically linked to gold until the abandonment of the gold standard in the 20th century.
Current Use
Today, the Swiss Franc is used primarily in Switzerland and Liechtenstein for everyday transactions, banking, and international trade, and is considered a major reserve currency globally.
Iraqi Dinar
The Iraqi Dinar (IQD) is the official currency of Iraq, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Iraqi Dinar was introduced in 1932, replacing the Indian Rupee, and has undergone various redenominations and reforms, especially following periods of economic instability and conflict.
Current Use
Today, the IQD is the official currency of Iraq, used in all financial transactions, with the Central Bank of Iraq managing its issuance and regulation.