Convert Iraqi Dinar to Australian Dollar
Please provide values below to convert Iraqi Dinar [IQD] to Australian Dollar [AUD], or Convert Australian Dollar to Iraqi Dinar.
How to Convert Iraqi Dinar to Australian Dollar
1 IQD = 856.429897985875 AUD
Example: convert 15 IQD to AUD:
15 IQD = 15 × 856.429897985875 AUD = 12846.4484697881 AUD
Iraqi Dinar to Australian Dollar Conversion Table
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Iraqi Dinar
The Iraqi Dinar (IQD) is the official currency of Iraq, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Iraqi Dinar was introduced in 1932, replacing the Indian Rupee, and has undergone various redenominations and reforms, especially following periods of economic instability and conflict.
Current Use
Today, the IQD is the official currency of Iraq, used in all financial transactions, with the Central Bank of Iraq managing its issuance and regulation.
Australian Dollar
The Australian Dollar (AUD) is the official currency of Australia, used in its territories and some Pacific Island nations.
History/Origin
Introduced in 1966, replacing the Australian pound, the AUD was initially pegged to the British pound and later transitioned to a floating exchange rate system in 1983.
Current Use
The AUD is widely used in Australia and its territories, serving as a major currency in international trade and finance, and is one of the most traded currencies globally.