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base info OKB

OKB to Iraqi Dinar Converter and calculator

Convert 1OKB (OKB) to Iraqi Dinar (IQD) equals ع.د 73,846.42 | 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 OKB currency pair is the OKB to IQD, with for OKB's currency code being OKB. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for IQD.

OKB to IQD conversion rate trend

1D7D1M3M1YAll
In the past 1D, OKB has changed +3.43% to IQD. Based on the trend and price charts, OKB(OKB) has changed +3.43% to IQD while Iraqi Dinar(IQD) has changed % to OKB in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ع.د73,846.42
0.0001% / 0.0004%vip-iconVIP
OKX
ع.د75,933.16
0.080% / 0.100%
Yes
Gate.io
ع.د75,920.02
0.1000% / 0.1000%
Yes
Last updated 2024/04/16 14:00:19(UTC+0)

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

OKB to Iraqi Dinar is falling this week.
OKB's current market price is ع.د 73,846.42 per OKB, with a total market cap of ع.د 4,430,785,331,178.16 IQD based on a circulating supply of 60,000,000 OKB. The trading volume of OKB has changed by +432.51% (ع.د 60,959,446,425.44 IQD) in the last 24 hours. Last trading day, OKB's trading volume was ع.د 14,094,428,540.52.
Market cap
$3.37B
24h volume
$57.08M
Circulating supply
60.00M OKB

Conversion tables

The exchange rate of OKB is decreasing.
1 OKB is currently valued at ع.د 73,846.42 IQD , which means buying 5 OKB will cost ع.د 369,232.12 IQD . Similarly, ع.د1 IQD can be traded for 0.{4}1354 OKB, and ع.د50 IQD can be converted to 0.0006771 OKB, excluding any platform or gas fees.
The exchange rate of 1 OKB to Iraqi Dinar has changed by -2.47% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.43%, reaching a high of 81,198.26 IQD and a low of 70,608.85 IQD . One month ago, the value of 1 OKB was ع.د 84,302.46 IQD , which represents a -12.42% change from its current value. Over the last year, OKB has changed by
+ع.د
724.27IQD
, resulting in a change of +8.84% in its value.

OKB to IQD

Amount
14:57 today
0.5 OKB
ع.د36,923.21
1 OKB
ع.د73,846.42
5 OKB
ع.د369,232.12
10 OKB
ع.د738,464.24
50 OKB
ع.د3,692,321.22
100 OKB
ع.د7,384,642.43
500 OKB
ع.د36,923,212.16
1000 OKB
ع.د73,846,424.33

IQD to OKB

Amount14:57 today
0.5IQD0.{5}6771  OKB
1IQD0.{4}1354  OKB
5IQD0.{4}6771  OKB
10IQD0.0001354  OKB
50IQD0.0006771  OKB
100IQD0.001354  OKB
500IQD0.006771  OKB
1000IQD0.01354  OKB
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Today vs. 24 hours ago

Amount14:57 today24 hours ago24h change
0.5 OKB$28.08$27.15
+3.43%
1 OKB$56.16$54.3
+3.43%
5 OKB$280.81$271.51
+3.43%
10 OKB$561.63$543.02
+3.43%
50 OKB$2,808.15$2,715.1
+3.43%
100 OKB$5,616.3$5,430.2
+3.43%
500 OKB$28,081.48$27,151
+3.43%
1000 OKB$56,162.96$54,302
+3.43%

Today vs. 1 month ago

Amount14:57 today1 month ago1M change
0.5 OKB$28.08$32.06
-12.42%
1 OKB$56.16$64.12
-12.42%
5 OKB$280.81$320.58
-12.42%
10 OKB$561.63$641.15
-12.42%
50 OKB$2,808.15$3,205.76
-12.42%
100 OKB$5,616.3$6,411.52
-12.42%
500 OKB$28,081.48$32,057.58
-12.42%
1000 OKB$56,162.96$64,115.16
-12.42%

Today vs. 1 year ago

Amount14:57 today1 year ago1Y change
0.5 OKB$28.08$25.81
+8.84%
1 OKB$56.16$51.61
+8.84%
5 OKB$280.81$258.06
+8.84%
10 OKB$561.63$516.12
+8.84%
50 OKB$2,808.15$2,580.61
+8.84%
100 OKB$5,616.3$5,161.21
+8.84%
500 OKB$28,081.48$25,806.06
+8.84%
1000 OKB$56,162.96$51,612.13
+8.84%

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.