IQD (Iraqi Dinar)

IQD (Iraqi Dinar)
The currency abbreviation or currency symbol for the Iraqi dinar (IQD), the currency of Iraq. The Iraqi dinar is made up of 1,000 fils. The dinar replaced the Indian rupee as the country's national currency, and is issued by the Central Bank of Iraq.

The dinar was first seen in 1931 and was pegged with the British pound until 1959. It was pegged to the U.S. dollar thereafter, and the dinar was worth over $3 in U.S. currency until the Gulf War. The dinar devalued drastically at that point, but new currency was issued and this new currency has been valued at a set rate by the International Monetary Fund.


Investment dictionary. . 2012.

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  • IQD — The currency abbreviation or currency symbol for the Iraqi Dinar (IQD), the currency of Iraq. The dinar is made up of 1,000 fils and is often presented with the symbol ( ). The dinar replaced the Indian rupee as the country s national currency,… …   Investment dictionary

  • IQD —   Swift currency code for the Iraqi Dinar …   International financial encyclopaedia

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  • Iraq — /i rak , i rahk /, n. a republic in SW Asia, N of Saudi Arabia and W of Iran, centering in the Tigris Euphrates basin of Mesopotamia. 22,219,289; 172,000 sq. mi. (445,480 sq. km). Cap.: Baghdad. Also, Irak. * * * Iraq Introduction Iraq Background …   Universalium

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