Convert Iraqi Dinar to Nigerian Naira
Please provide values below to convert Iraqi Dinar [IQD] to Nigerian Naira [NGN], or Convert Nigerian Naira to Iraqi Dinar.
How to Convert Iraqi Dinar to Nigerian Naira
1 IQD = 0.855589023839963 NGN
Example: convert 15 IQD to NGN:
15 IQD = 15 × 0.855589023839963 NGN = 12.8338353575994 NGN
Iraqi Dinar to Nigerian Naira Conversion Table
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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.
Nigerian Naira
The Nigerian Naira (NGN) is the official currency of Nigeria, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, the Naira replaced the Nigerian pound at a rate of 2 Naira to 1 pound, and has undergone various redenominations and currency reforms since then.
Current Use
The Naira is widely used across Nigeria for everyday transactions, banking, and trade, with coins and banknotes issued by the Central Bank of Nigeria.