Euro to Iraqi Dinar — exchange rate

Country of Circulation: European Union

Currency Code, Symbol: EUR, €

Denominations of coins in circulation: 1c, 2c, 5c, 10c, 20c, 50c, €1, €2

Denominations of banknotes in circulation: €5, €10, €20, €50, €100

History: The euro (sign: €, code: EUR, number: 978) is a currency unit that is used for payment on the Eurozone territory. It is used among the majority of European countries: in Germany, Austria, Spain, France, Greece, etc. A common abbreviation of the currency is EUR.Every euro is worth 100 cents. Sometimes the coins are called eurocents to avoid misunderstanding. The € currency was introduced in 2002 after the official establishment of the European Union. It has replaced a lot of European currencies: Greek drachma, Lithuanian litas, Slovak krona and so on. Introducing euro on a vast territory has allowed to remove transfer commission connected to conversion. Many preserved local currencies have a rate closely tied to EUR.Read More

Country of Circulation: Iraq

Currency Code, Symbol: IQD, د.ع

Denominations of coins in circulation: 10000, 50000 dinars

Denominations of banknotes in circulation: 250, 500, 1,000, 5,000, 25,000 dinars

History: The Iraqi dinar (د.ع) is the main currency of Iraq. IQD is used as an abbreviation on the global exchange market.Small coins called fils are formally used for change for the Iraqi dinar. Every IQD has 1000 fils. However, since 1990, fils has not been used due to inflation. The currency has been issued since 1932. Before having its own currency, Iraq used the Indian rupee. Since their appearance, notes and coins have gone through several significant changes. Only one detail remained the same: all writing is duplicated in English and Arabic.Read More