Convert United States Dollar to Iraqi Dinar
Please provide values below to convert United States Dollar [USD] to Iraqi Dinar [IQD], or Convert Iraqi Dinar to United States Dollar.
How to Convert United States Dollar to Iraqi Dinar
1 USD = 0.000763561268079795 IQD
Example: convert 15 USD to IQD:
15 USD = 15 × 0.000763561268079795 IQD = 0.0114534190211969 IQD
United States Dollar to Iraqi Dinar Conversion Table
| United States Dollar | Iraqi Dinar |
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United States Dollar
The United States Dollar (USD) is the official currency of the United States of America, used as a standard unit of monetary value and exchange.
History/Origin
The USD was established in 1792 with the Coinage Act, replacing the Continental Congress's Continental Currency. It has since become one of the world's dominant reserve currencies, influenced by the economic growth of the U.S. and global financial markets.
Current Use
The USD is widely used domestically and internationally for trade, investment, and as a reserve currency. It is the most traded currency in the foreign exchange market and is used as the standard currency in many international transactions.
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.