IQD (ع.د)

Currency: Iraqi dinar

The Iraqi dinar is the official currency of Iraq. One US dollar is worth around 1,450.00 IQD. The Iraqi dinar (IQD) is the currency of Iraq, which is situated in the Middle East. It was first introduced in 1932, replacing the Indian rupee. The dinar is subdivided into 1000 fils. The Central Bank of Iraq is responsible for issuing and managing the currency. The dinar is widely used throughout the country and is accepted at most major businesses, including hotels, restaurants, and shops. The currency has experienced significant fluctuations in recent years, due in part to political instability and economic uncertainty in the country. Despite these challenges, the dinar remains an important currency in the region.