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base info Polygon

Polygon to Iraqi Dinar Converter and calculator

Convert 1Polygon (MATIC) to Iraqi Dinar (IQD) equals ع.د 871.25 | 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 Polygon currency pair is the MATIC to IQD, with for Polygon's currency code being MATIC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for IQD.

MATIC to IQD conversion rate trend

1D7D1M3M1YAll
In the past 1D, Polygon has changed -1.86% to IQD. Based on the trend and price charts, Polygon(MATIC) has changed -1.86% to IQD while Iraqi Dinar(IQD) has changed % to MATIC in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ع.د869.83
0.0001% / 0.0004%vip-iconVIP
Binance
ع.د868.71
0.1000% / 0.1000%
Yes
Coinbase Exchange
ع.د868.85
0.1000% / 0.1000%
Yes
Kraken
ع.د873.04
0.1000% / 0.1000%
Yes
OKX
ع.د868.71
0.080% / 0.100%
Yes
Huobi
ع.د868.83
0.1000% / 0.1000%
Yes
Gate.io
ع.د868.45
0.1000% / 0.1000%
Yes
Bybit
ع.د869.5
0.1000% / 0.1000%
Yes
KuCoin
ع.د868.58
0.1000% / 0.1000%
Yes
Bitfinex
ع.د870.65
0.1000% / 0.1000%
Yes
Last updated 2024/04/17 16:00:36(UTC+0)

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

Polygon to Iraqi Dinar is falling this week.
Polygon's current market price is ع.د 871.25 per MATIC, with a total market cap of ع.د 8,620,790,642,912.31 IQD based on a circulating supply of 9,894,742,000 MATIC. The trading volume of Polygon has changed by -30.82% (ع.د -162,800,313,453.53 IQD) in the last 24 hours. Last trading day, MATIC's trading volume was ع.د 528,262,006,592.
Market cap
$6.58B
24h volume
$278.88M
Circulating supply
9.89B MATIC

Conversion tables

The exchange rate of Polygon is decreasing.
1 MATIC is currently valued at ع.د 871.25 IQD , which means buying 5 MATIC will cost ع.د 4,356.25 IQD . Similarly, ع.د1 IQD can be traded for 0.001148 MATIC, and ع.د50 IQD can be converted to 0.05739 MATIC, excluding any platform or gas fees.
The exchange rate of 1 MATIC to Iraqi Dinar has changed by -23.45% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.86%, reaching a high of 929.97 IQD and a low of 863.47 IQD . One month ago, the value of 1 MATIC was ع.د 1,368.93 IQD , which represents a -36.35% change from its current value. Over the last year, Polygon has changed by
-ع.د
661.2IQD
, resulting in a change of -43.14% in its value.

MATIC to IQD

Amount
16:29 today
0.5 MATIC
ع.د435.62
1 MATIC
ع.د871.25
5 MATIC
ع.د4,356.25
10 MATIC
ع.د8,712.5
50 MATIC
ع.د43,562.48
100 MATIC
ع.د87,124.97
500 MATIC
ع.د435,624.83
1000 MATIC
ع.د871,249.66

IQD to MATIC

Amount16:29 today
0.5IQD0.0005739  MATIC
1IQD0.001148  MATIC
5IQD0.005739  MATIC
10IQD0.01148  MATIC
50IQD0.05739  MATIC
100IQD0.1148  MATIC
500IQD0.5739  MATIC
1000IQD1.15  MATIC
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Today vs. 24 hours ago

Amount16:29 today24 hours ago24h change
0.5 MATIC$0.3324$0.3387
-1.86%
1 MATIC$0.6648$0.6774
-1.86%
5 MATIC$3.32$3.39
-1.86%
10 MATIC$6.65$6.77
-1.86%
50 MATIC$33.24$33.87
-1.86%
100 MATIC$66.48$67.74
-1.86%
500 MATIC$332.42$338.72
-1.86%
1000 MATIC$664.83$677.45
-1.86%

Today vs. 1 month ago

Amount16:29 today1 month ago1M change
0.5 MATIC$0.3324$0.5223
-36.35%
1 MATIC$0.6648$1.04
-36.35%
5 MATIC$3.32$5.22
-36.35%
10 MATIC$6.65$10.45
-36.35%
50 MATIC$33.24$52.23
-36.35%
100 MATIC$66.48$104.46
-36.35%
500 MATIC$332.42$522.3
-36.35%
1000 MATIC$664.83$1,044.6
-36.35%

Today vs. 1 year ago

Amount16:29 today1 year ago1Y change
0.5 MATIC$0.3324$0.5847
-43.14%
1 MATIC$0.6648$1.17
-43.14%
5 MATIC$3.32$5.85
-43.14%
10 MATIC$6.65$11.69
-43.14%
50 MATIC$33.24$58.47
-43.14%
100 MATIC$66.48$116.94
-43.14%
500 MATIC$332.42$584.69
-43.14%
1000 MATIC$664.83$1,169.38
-43.14%

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.