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base info Dai

Dai to Iraqi Dinar Converter and calculator

Convert 1Dai (DAI) to Iraqi Dinar (IQD) equals ع.د 1,307.33 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Dai(DAI) to Iraqi Dinar(IQD). This is the real-time data. The current conversion shows 1 DAI at a value of 1 DAI for 1,307.33 IQD . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

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 Dai currency pair is the DAI to IQD, with for Dai's currency code being DAI. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for IQD.

DAI to IQD conversion rate trend

1D7D1M3M1YAll
In the past 1D, Dai has changed +0.00% to IQD. Based on the trend and price charts, Dai(DAI) has changed +0.00% to IQD while Iraqi Dinar(IQD) has changed % to DAI in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ع.د1,306.59
0.0001% / 0.0004%vip-iconVIP
Kraken
ع.د1,306.46
0.1000% / 0.1000%
Yes
OKX
ع.د1,307.55
0.080% / 0.100%
Yes
Huobi
ع.د1,307.42
0.1000% / 0.1000%
Yes
Gate.io
ع.د1,304.41
0.1000% / 0.1000%
Yes
Bybit
ع.د1,306.37
0.1000% / 0.1000%
Yes
Last updated 2024/04/20 14:00:27(UTC+0)

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

Dai to Iraqi Dinar is rising this week.
Dai's current market price is ع.د 1,307.33 per DAI, with a total market cap of ع.د 6,991,456,387,751.14 IQD based on a circulating supply of 5,347,888,600 DAI. The trading volume of Dai has changed by +13.65% (ع.د 150,884,949,814.14 IQD) in the last 24 hours. Last trading day, DAI's trading volume was ع.د 1,105,165,643,529.4.
Market cap
$5.35B
24h volume
$960.90M
Circulating supply
5.35B DAI

Conversion tables

The exchange rate of Dai is increasing.
1 DAI is currently valued at ع.د 1,307.33 IQD , which means buying 5 DAI will cost ع.د 6,536.65 IQD . Similarly, ع.د1 IQD can be traded for 0.0007649 DAI, and ع.د50 IQD can be converted to 0.03825 DAI, excluding any platform or gas fees.
The exchange rate of 1 DAI to Iraqi Dinar has changed by +0.02% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.00%, reaching a high of 1,307.82 IQD and a low of 1,307.07 IQD . One month ago, the value of 1 DAI was ع.د 1,307.28 IQD , which represents a +0.00% change from its current value. Over the last year, Dai has changed by
+ع.د
1.36IQD
, resulting in a change of +0.10% in its value.

DAI to IQD

Amount
14:08 today
0.5 DAI
ع.د653.67
1 DAI
ع.د1,307.33
5 DAI
ع.د6,536.65
10 DAI
ع.د13,073.3
50 DAI
ع.د65,366.52
100 DAI
ع.د130,733.03
500 DAI
ع.د653,665.16
1000 DAI
ع.د1,307,330.31

IQD to DAI

Amount14:08 today
0.5IQD0.0003825  DAI
1IQD0.0007649  DAI
5IQD0.003825  DAI
10IQD0.007649  DAI
50IQD0.03825  DAI
100IQD0.07649  DAI
500IQD0.3825  DAI
1000IQD0.7649  DAI
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Today vs. 24 hours ago

Amount14:08 today24 hours ago24h change
0.5 DAI$0.5001$0.5001
+0.00%
1 DAI$1$1
+0.00%
5 DAI$5$5
+0.00%
10 DAI$10$10
+0.00%
50 DAI$50.01$50.01
+0.00%
100 DAI$100.01$100.01
+0.00%
500 DAI$500.07$500.05
+0.00%
1000 DAI$1,000.13$1,000.1
+0.00%

Today vs. 1 month ago

Amount14:08 today1 month ago1M change
0.5 DAI$0.5001$0.5000
+0.00%
1 DAI$1$1
+0.00%
5 DAI$5$5
+0.00%
10 DAI$10$10
+0.00%
50 DAI$50.01$50
+0.00%
100 DAI$100.01$100.01
+0.00%
500 DAI$500.07$500.05
+0.00%
1000 DAI$1,000.13$1,000.09
+0.00%

Today vs. 1 year ago

Amount14:08 today1 year ago1Y change
0.5 DAI$0.5001$0.4995
+0.10%
1 DAI$1$0.9991
+0.10%
5 DAI$5$5
+0.10%
10 DAI$10$9.99
+0.10%
50 DAI$50.01$49.95
+0.10%
100 DAI$100.01$99.91
+0.10%
500 DAI$500.07$499.55
+0.10%
1000 DAI$1,000.13$999.09
+0.10%

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.