SWITCH to IQD Converter and calculator


Conversion rates
Convert SWITCH to IQD
Convert IQD to SWITCH
SWITCH to IQD chart
SWITCH to IQD conversion data: Volatility and price changes of Switch in IQD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.4050 IQD | 0.4190 IQD | 0.4986 IQD | 0.6927 IQD |
Low | 0.3885 IQD | 0.2727 IQD | 0.2699 IQD | 0.2226 IQD |
Average | 0 IQD | 0 IQD | 0 IQD | 0 IQD |
Volatility | % | % | % | % |
Change | +3.82% | +9.60% | -13.84% | +33.34% |
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Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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Switch information
SWITCH to IQD market statistics
Current SWITCH to IQD exchange rate
Switch to Iraqi dinar is rising this week.More info about Switch 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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SWITCH to IQD Conversion tables
Amount | 15:54 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 SWITCH | ع.د0.2025 | ع.د0.1950 | +3.82% |
1 SWITCH | ع.د0.4050 | ع.د0.3901 | +3.82% |
5 SWITCH | ع.د2.02 | ع.د1.95 | +3.82% |
10 SWITCH | ع.د4.05 | ع.د3.9 | +3.82% |
50 SWITCH | ع.د20.25 | ع.د19.5 | +3.82% |
100 SWITCH | ع.د40.5 | ع.د39.01 | +3.82% |
500 SWITCH | ع.د202.48 | ع.د195.03 | +3.82% |
1000 SWITCH | ع.د404.95 | ع.د390.05 | +3.82% |
SWITCH to IQD FAQ
What factors influence the conversion rate of SWITCH to IQD?
Popular exchange rates — Crypto-to-Fiat converter
The price of Switch in the US is $0.0003090 USD. Additionally, Switch’s price is €0.0002659 EUR in the eurozone, £0.0002303 GBP in the UK, C$0.0004262 CAD in Canada, ₹0.02709 INR in India, ₨0.08775 PKR in Pakistan, R$0.001685 BRL in Brazil, and more.
The most popular Switch currency pair is the SWITCH to Iraqi dinar(IQD). The price of 1 Switch (SWITCH) in Iraqi dinar (IQD) is ع.د0.4050.
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