Iraqi Dinar (IQD) Profile | Currency Converter

Currency name

Iraqi dinar IQD converter to world currencies »

Currency code

IQD

Currency symbol

د.ع

Subunit

1/1000, fils

Coins freq used

25 dinar, 50 dinar, 100 dinar

Coins rarely used

Banknotes freq used

50 dinar, 250 dinar. 500 dinar, 1000 dinar, 5000 dinar, 10000 dinar, 25000 dinar

Banknotes rarely used

Central bank

Central Bank of Iraq (www.cbi.iq)

Currency users

Iraq

Currency notes

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Users:

The Iraqi Dinar (IQD) is the official currency of Iraq. It is the legal tender used for all transactions within the country.

History:

The Iraqi Dinar has a long history, with its origins dating back to ancient Mesopotamia. Modern currency under the name "Dinar" was first introduced in the 1930s, following Iraq's establishment as a kingdom.

Over the years, Iraq has undergone several currency changes and redenominations due to political and economic events, including wars and conflicts.

Coins and Banknotes:

The Iraqi Dinar is subdivided into 1000 fils, although fils coins are no longer used due to their low value.

Coins:

Coins currently in circulation are 25, 50, 100, and 250 dinars.

Banknotes:

The most commonly used banknotes are 500, 1000, 5000, 10,000, 25,000, and 50,000 dinars.

Each banknote typically features important cultural and historical symbols of Iraq.