MEM to IQD Converter and calculator


Conversion rates
Convert MEM to IQD
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MEM to IQD chart
MEM to IQD conversion data: Volatility and price changes of Not Meme in IQD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.2619 IQD | 0.2753 IQD | 0.2849 IQD | 0.3417 IQD |
Low | 0.2430 IQD | 0.2430 IQD | 0.2414 IQD | 0.2344 IQD |
Average | 0 IQD | 0 IQD | 0 IQD | 0 IQD |
Volatility | % | % | % | % |
Change | -7.21% | -7.73% | -12.23% | -8.47% |
Not Meme information
MEM to IQD market statistics
Current MEM to IQD exchange rate
Not Meme to Iraqi dinar is falling this week.More info about Not Meme 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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MEM to IQD Conversion tables
Amount | 06:55 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 MEM | ع.د0.1183 | ع.د0.1277 | -7.21% |
1 MEM | ع.د0.2365 | ع.د0.2554 | -7.21% |
5 MEM | ع.د1.18 | ع.د1.28 | -7.21% |
10 MEM | ع.د2.37 | ع.د2.55 | -7.21% |
50 MEM | ع.د11.83 | ع.د12.77 | -7.21% |
100 MEM | ع.د23.65 | ع.د25.54 | -7.21% |
500 MEM | ع.د118.26 | ع.د127.7 | -7.21% |
1000 MEM | ع.د236.51 | ع.د255.4 | -7.21% |
MEM to IQD FAQ
What factors influence the conversion rate of MEM to IQD?
Popular exchange rates — Crypto-to-Fiat converter
The price of Not Meme in the US is $0.0001804 USD. Additionally, Not Meme’s price is €0.0001566 EUR in the eurozone, £0.0001341 GBP in the UK, C$0.0002478 CAD in Canada, ₹0.01563 INR in India, ₨0.05123 PKR in Pakistan, R$0.0009947 BRL in Brazil, and more.
The most popular Not Meme currency pair is the MEM to Iraqi dinar(IQD). The price of 1 Not Meme (MEM) in Iraqi dinar (IQD) is ع.د0.2365.
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