Convert Iraqi Dinar to South Korean Won
Please provide values below to convert Iraqi Dinar [IQD] to South Korean Won [KRW], or Convert South Korean Won to Iraqi Dinar.
How to Convert Iraqi Dinar to South Korean Won
1 IQD = 0.947258701758 KRW
Example: convert 15 IQD to KRW:
15 IQD = 15 × 0.947258701758 KRW = 14.20888052637 KRW
Iraqi Dinar to South Korean Won Conversion Table
Iraqi Dinar | South Korean Won |
---|
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.
South Korean Won
The South Korean Won (KRW) is the official currency of South Korea, used for all monetary transactions within the country.
History/Origin
The Won was first introduced in 1945, replacing the Korean yen. It has undergone several redenominations and reforms, with the current form established in 1962 to stabilize the economy after periods of inflation.
Current Use
Today, the South Korean Won is widely used in South Korea for everyday transactions, banking, and international trade, and is managed by the Bank of Korea.