


IQD information
About Iraqi Dinar (IQD)
The Iraqi Dinar (IQD), the official currency of Iraq, is a significant symbol of the nation's economic and political history. It is commonly abbreviated as IQD and represented by the symbol ع.د. Introduced in 1932, replacing the Indian Rupee, the Dinar has been a witness to Iraq’s rich cultural heritage, vast economic changes, and periods of conflict and reconstruction.
Historical Background
The Iraqi Dinar was established when Iraq was a British mandate following World War I. The decision to replace the Indian Rupee with the Dinar was part of Iraq’s initial steps towards establishing a sovereign state. The currency has since undergone several transformations, reflecting the country’s turbulent history, including coups, wars, and economic sanctions.
Design and Symbolism
The design of the Iraqi Dinar reflects the country's rich history and diverse culture. Banknotes feature important historical figures, such as King Faisal I, and landmarks that symbolize Iraq’s ancient civilization, like the Great Mosque of Samarra. The notes also showcase Iraq’s natural beauty, including rivers and palm trees, representing the country’s agricultural heritage.
Economic Role
The Dinar is central to Iraq’s economy, driven primarily by oil exports. It facilitates all economic activities within the country, from government spending to local trade. The stability of the Dinar is crucial for economic growth, affecting everything from foreign investment to the purchasing power of ordinary Iraqis.
Monetary Policy and Inflation
Managed by the Central Bank of Iraq, the Dinar’s value has been subject to fluctuations due to political instability, economic sanctions, and fluctuating oil prices. The bank’s policies aim to stabilize the currency, control inflation, and foster a climate conducive to economic recovery and growth.
The Dinar in International Trade
Given Iraq’s status as a major oil exporter, the Dinar plays a significant role in international trade within the energy sector. The currency’s exchange rate against global currencies impacts Iraq’s trade balance and overall economic stability.
Sanctions and the Dinar
Economic sanctions have historically impacted the Dinar’s value and Iraq’s economy. The lifting of sanctions and subsequent economic reforms play a crucial role in the Dinar’s recovery and the nation’s reintegration into the global economy.
WMATIC to IQD conversion rate trend
WMATIC to IQD market statistics
More info about Wrapped Matic on Bitget
Current WMATIC to IQD exchange rate
Wrapped Matic to Iraqi dinar is falling this week.WMATIC to IQD Conversion tables
The exchange rate of Wrapped Matic is decreasing.WMATIC to IQD
IQD to WMATIC
WMATIC to IQD Today vs. 24 hours ago
Amount | 11:58 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 WMATIC | ع.د115.15 | ع.د113.43 | +0.46% |
1 WMATIC | ع.د230.29 | ع.د226.85 | +0.46% |
5 WMATIC | ع.د1,151.47 | ع.د1,134.26 | +0.46% |
10 WMATIC | ع.د2,302.95 | ع.د2,268.53 | +0.46% |
50 WMATIC | ع.د11,514.74 | ع.د11,342.64 | +0.46% |
100 WMATIC | ع.د23,029.48 | ع.د22,685.28 | +0.46% |
500 WMATIC | ع.د115,147.42 | ع.د113,426.4 | +0.46% |
1000 WMATIC | ع.د230,294.84 | ع.د226,852.79 | +0.46% |
WMATIC to IQD Today vs. 1 month ago
Amount | 11:58 am today | 1 month ago | 1M change |
---|---|---|---|
0.5 WMATIC | ع.د115.15 | ع.د226.39 | -22.81% |
1 WMATIC | ع.د230.29 | ع.د452.78 | -22.81% |
5 WMATIC | ع.د1,151.47 | ع.د2,263.9 | -22.81% |
10 WMATIC | ع.د2,302.95 | ع.د4,527.79 | -22.81% |
50 WMATIC | ع.د11,514.74 | ع.د22,638.95 | -22.81% |
100 WMATIC | ع.د23,029.48 | ع.د45,277.9 | -22.81% |
500 WMATIC | ع.د115,147.42 | ع.د226,389.52 | -22.81% |
1000 WMATIC | ع.د230,294.84 | ع.د452,779.04 | -22.81% |
WMATIC to IQD Today vs. 1 year ago
Amount | 11:58 am today | 1 year ago | 1Y change |
---|---|---|---|
0.5 WMATIC | ع.د115.15 | ع.د170.89 | -12.90% |
1 WMATIC | ع.د230.29 | ع.د341.78 | -12.90% |
5 WMATIC | ع.د1,151.47 | ع.د1,708.88 | -12.90% |
10 WMATIC | ع.د2,302.95 | ع.د3,417.76 | -12.90% |
50 WMATIC | ع.د11,514.74 | ع.د17,088.81 | -12.90% |
100 WMATIC | ع.د23,029.48 | ع.د34,177.63 | -12.90% |
500 WMATIC | ع.د115,147.42 | ع.د170,888.14 | -12.90% |
1000 WMATIC | ع.د230,294.84 | ع.د341,776.28 | -12.90% |
How to convert WMATIC to IQD



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