Iraq The Iraqi Dinar is the official currency of Iraq, introduced in 1932 to replace the Indian Rupee, which was used during the British occupation. The currency is issued and regulated by the Central Bank of Iraq. Despite its limited use outside Iraq, the Iraqi dinar plays a critical role in the country’s economy. It is symbolized by "ع.د" in Arabic and often abbreviated as IQD in international contexts. There are no widely known nicknames for the Iraqi dinar.
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Last updated: Exchange rates here are informational, reflecting mid-market rates which fluctuate regularly. For an estimation of the rates offered by Instarem, please check our currency conversion calculator at the time of transfer.
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Disclaimer: All information in this article is provided for general knowledge and educational use only. It should not be considered legal, tax, or financial advice. We recommend contacting a licensed expert in your area for assistance with specific concerns.
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