Iraqi Dinar to US Dollar — exchange rate

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

Country of Circulation: United States, British Virgin Islands, Ecuador, Panama and others

Currency Code, Symbol: USD, $

Denominations of coins in circulation: 1¢, 5¢, 10¢, 25¢

Denominations of banknotes in circulation: $1, $2, $5, $10, $20, $50, $100

History: The US dollar ($) is the national currency of the United States of America, one of the global reserve currencies. It is used as an official currency unit in Salvador, Marshall Islands, Panama, Bermuda. USD is used as an abbreviation for convenience and internationalization purposes.The US dollar is subdivided into cents. Every dollar has 100 cents. The currency has existed since 1792. The first dollars were made out of silver, then paper notes appeared. They have had the traditional greenish or grey color from the outset. Around 35 million pieces of dollars of different denomination worth 635 million emigrate to the USA daily. 95% of the banknotes are to replace worn-out notes.Read More