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base info Arbitrum

Arbitrum to Iraqi Dinar Converter and calculator

Convert 1Arbitrum (ARB) to Iraqi Dinar (IQD) equals ع.د 1,509.25 | Bitget

IQD 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 Iraqs 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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Bitget crypto-to-fiat exchange data shows that the most popular Arbitrum currency pair is the ARB to IQD, with for Arbitrum's currency code being ARB. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for IQD.

ARB to IQD conversion rate trend

1D7D1M3M1YAll
In the past 1D, Arbitrum has changed -0.33% to IQD. Based on the trend and price charts, Arbitrum(ARB) has changed -0.33% to IQD while Iraqi Dinar(IQD) has changed % to ARB in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ع.د1,481.98
0.0001% / 0.0004%vip-iconVIP
Binance
ع.د1,483.28
0.1000% / 0.1000%
Yes
OKX
ع.د1,483.41
0.080% / 0.100%
Yes
Huobi
ع.د1,482.88
0.1000% / 0.1000%
Yes
Gate.io
ع.د1,483.28
0.1000% / 0.1000%
Yes
Bybit
ع.د1,482.62
0.1000% / 0.1000%
Yes
KuCoin
ع.د1,480
0.1000% / 0.1000%
Yes
Bitfinex
ع.د1,483.41
0.1000% / 0.1000%
Yes
Last updated 2024/04/16 01:00:30(UTC+0)

What factors influence the conversion rate of Arbitrum to Iraqi Dinar?

Arbitrum to Iraqi Dinar is falling this week.
Arbitrum's current market price is ع.د 1,509.25 per ARB, with a total market cap of ع.د 4,005,463,379,740.7 IQD based on a circulating supply of 2,653,939,500 ARB. The trading volume of Arbitrum has changed by -20.48% (ع.د -205,110,638,633.65 IQD) in the last 24 hours. Last trading day, ARB's trading volume was ع.د 1,001,272,338,948.73.
Market cap
$3.06B
24h volume
$607.88M
Circulating supply
2.65B ARB

Conversion tables

The exchange rate of Arbitrum is decreasing.
1 ARB is currently valued at ع.د 1,509.25 IQD , which means buying 5 ARB will cost ع.د 7,546.26 IQD . Similarly, ع.د1 IQD can be traded for 0.0006626 ARB, and ع.د50 IQD can be converted to 0.03313 ARB, excluding any platform or gas fees.
The exchange rate of 1 ARB to Iraqi Dinar has changed by -26.71% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.33%, reaching a high of 1,657.92 IQD and a low of 1,472.38 IQD . One month ago, the value of 1 ARB was ع.د 2,279.13 IQD , which represents a -33.78% change from its current value. Over the last year, Arbitrum has changed by
-ع.د
649.95IQD
, resulting in a change of -30.10% in its value.

ARB to IQD

Amount
01:39 am today
0.5 ARB
ع.د754.63
1 ARB
ع.د1,509.25
5 ARB
ع.د7,546.26
10 ARB
ع.د15,092.52
50 ARB
ع.د75,462.6
100 ARB
ع.د150,925.2
500 ARB
ع.د754,626.01
1000 ARB
ع.د1,509,252.02

IQD to ARB

Amount01:39 am today
0.5IQD0.0003313  ARB
1IQD0.0006626  ARB
5IQD0.003313  ARB
10IQD0.006626  ARB
50IQD0.03313  ARB
100IQD0.06626  ARB
500IQD0.3313  ARB
1000IQD0.6626  ARB
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Today vs. 24 hours ago

Amount01:39 am today24 hours ago24h change
0.5 ARB$0.5762$0.5781
-0.33%
1 ARB$1.15$1.16
-0.33%
5 ARB$5.76$5.78
-0.33%
10 ARB$11.52$11.56
-0.33%
50 ARB$57.62$57.81
-0.33%
100 ARB$115.23$115.61
-0.33%
500 ARB$576.17$578.07
-0.33%
1000 ARB$1,152.33$1,156.14
-0.33%

Today vs. 1 month ago

Amount01:39 am today1 month ago1M change
0.5 ARB$0.5762$0.8701
-33.78%
1 ARB$1.15$1.74
-33.78%
5 ARB$5.76$8.7
-33.78%
10 ARB$11.52$17.4
-33.78%
50 ARB$57.62$87.01
-33.78%
100 ARB$115.23$174.01
-33.78%
500 ARB$576.17$870.07
-33.78%
1000 ARB$1,152.33$1,740.14
-33.78%

Today vs. 1 year ago

Amount01:39 am today1 year ago1Y change
0.5 ARB$0.5762$0.8243
-30.10%
1 ARB$1.15$1.65
-30.10%
5 ARB$5.76$8.24
-30.10%
10 ARB$11.52$16.49
-30.10%
50 ARB$57.62$82.43
-30.10%
100 ARB$115.23$164.86
-30.10%
500 ARB$576.17$824.29
-30.10%
1000 ARB$1,152.33$1,648.58
-30.10%

FAQ

This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.