INK to IQD Converter and calculator


Conversion rates
Convert INK to IQD
Convert IQD to INK
INK to IQD chart
INK to IQD conversion data: Volatility and price changes of Ink in IQD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.9685 IQD | 1.51 IQD | 1.66 IQD | 1.82 IQD |
Low | 0.9286 IQD | 0.9286 IQD | 0.8084 IQD | 0.6238 IQD |
Average | 0 IQD | 0 IQD | 0 IQD | 0 IQD |
Volatility | % | % | % | % |
Change | -0.22% | -29.47% | +9.33% | +39.75% |
Ink information
INK to IQD market statistics
Current INK to IQD exchange rate
Ink to Iraqi dinar is falling this week.More info about Ink on Bitget
Iraqi dinar information
About Iraqi Dinar (IQD)
The Iraqi Dinar (IQD), the official currency of Iraq, is a significant symbol of the nation's economic and political history. It is commonly abbreviated as IQD and represented by the symbol ع.د. Introduced in 1932, replacing the Indian Rupee, the Dinar has been a witness to Iraq’s rich cultural heritage, vast economic changes, and periods of conflict and reconstruction.
Historical Background
The Iraqi Dinar was established when Iraq was a British mandate following World War I. The decision to replace the Indian Rupee with the Dinar was part of Iraq’s initial steps towards establishing a sovereign state. The currency has since undergone several transformations, reflecting the country’s turbulent history, including coups, wars, and economic sanctions.
Design and Symbolism
The design of the Iraqi Dinar reflects the country's rich history and diverse culture. Banknotes feature important historical figures, such as King Faisal I, and landmarks that symbolize Iraq’s ancient civilization, like the Great Mosque of Samarra. The notes also showcase Iraq’s natural beauty, including rivers and palm trees, representing the country’s agricultural heritage.
Economic Role
The Dinar is central to Iraq’s economy, driven primarily by oil exports. It facilitates all economic activities within the country, from government spending to local trade. The stability of the Dinar is crucial for economic growth, affecting everything from foreign investment to the purchasing power of ordinary Iraqis.
Monetary Policy and Inflation
Managed by the Central Bank of Iraq, the Dinar’s value has been subject to fluctuations due to political instability, economic sanctions, and fluctuating oil prices. The bank’s policies aim to stabilize the currency, control inflation, and foster a climate conducive to economic recovery and growth.
The Dinar in International Trade
Given Iraq’s status as a major oil exporter, the Dinar plays a significant role in international trade within the energy sector. The currency’s exchange rate against global currencies impacts Iraq’s trade balance and overall economic stability.
Sanctions and the Dinar
Economic sanctions have historically impacted the Dinar’s value and Iraq’s economy. The lifting of sanctions and subsequent economic reforms play a crucial role in the Dinar’s recovery and the nation’s reintegration into the global economy.
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INK to IQD Conversion tables
Amount | 16:04 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 INK | ع.د0.4696 | ع.د0.4706 | -0.22% |
1 INK | ع.د0.9391 | ع.د0.9412 | -0.22% |
5 INK | ع.د4.7 | ع.د4.71 | -0.22% |
10 INK | ع.د9.39 | ع.د9.41 | -0.22% |
50 INK | ع.د46.96 | ع.د47.06 | -0.22% |
100 INK | ع.د93.91 | ع.د94.12 | -0.22% |
500 INK | ع.د469.56 | ع.د470.61 | -0.22% |
1000 INK | ع.د939.12 | ع.د941.22 | -0.22% |
INK to IQD FAQ
What factors influence the conversion rate of INK to IQD?
Popular exchange rates — Crypto-to-Fiat converter
The price of Ink in the US is $0.0007173 USD. Additionally, Ink’s price is €0.0006171 EUR in the eurozone, £0.0005265 GBP in the UK, C$0.0009827 CAD in Canada, ₹0.06166 INR in India, ₨0.2043 PKR in Pakistan, R$0.003936 BRL in Brazil, and more.
The most popular Ink currency pair is the INK to Iraqi dinar(IQD). The price of 1 Ink (INK) in Iraqi dinar (IQD) is ع.د0.9391.
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