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base info Tether USDt

Tether USDt to Iraqi Dinar Converter and calculator

Convert 1Tether USDt (USDT) to Iraqi Dinar (IQD) equals ع.د 1,315.34 | 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 Tether USDt currency pair is the USDT to IQD, with for Tether USDt's currency code being USDT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for IQD.

USDT to IQD conversion rate trend

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

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ع.د1,315.34
0.0001% / 0.0004%vip-iconVIP
Last updated 2024/04/16 14:56:43(UTC+0)

What factors influence the conversion rate of Tether USDt to Iraqi Dinar?

Tether USDt to Iraqi Dinar is rising this week.
Tether USDt's current market price is ع.د 1,315.34 per USDT, with a total market cap of ع.د 142,188,423,636,018.97 IQD based on a circulating supply of 108,100,166,000 USDT. The trading volume of Tether USDt has changed by +2.31% (ع.د 2,617,028,168,251.14 IQD) in the last 24 hours. Last trading day, USDT's trading volume was ع.د 113,379,610,443,251.4.
Market cap
$108.14B
24h volume
$88.22B
Circulating supply
108.10B USDT

Conversion tables

The exchange rate of Tether USDt is increasing.
1 USDT is currently valued at ع.د 1,315.34 IQD , which means buying 5 USDT will cost ع.د 6,576.7 IQD . Similarly, ع.د1 IQD can be traded for 0.0007603 USDT, and ع.د50 IQD can be converted to 0.03801 USDT, excluding any platform or gas fees.
The exchange rate of 1 USDT to Iraqi Dinar has changed by +0.05% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.00%, reaching a high of 1,317.17 IQD and a low of 1,314.55 IQD . One month ago, the value of 1 USDT was ع.د 1,313.52 IQD , which represents a +0.14% change from its current value. Over the last year, Tether USDt has changed by
+ع.د
0.2696IQD
, resulting in a change of +0.02% in its value.

USDT to IQD

Amount
14:56 today
0.5 USDT
ع.د657.67
1 USDT
ع.د1,315.34
5 USDT
ع.د6,576.7
10 USDT
ع.د13,153.4
50 USDT
ع.د65,766.98
100 USDT
ع.د131,533.97
500 USDT
ع.د657,669.83
1000 USDT
ع.د1,315,339.66

IQD to USDT

Amount14:56 today
0.5IQD0.0003801  USDT
1IQD0.0007603  USDT
5IQD0.003801  USDT
10IQD0.007603  USDT
50IQD0.03801  USDT
100IQD0.07603  USDT
500IQD0.3801  USDT
1000IQD0.7603  USDT
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Today vs. 24 hours ago

Amount14:56 today24 hours ago24h change
0.5 USDT$0.5002$0.5002
+0.00%
1 USDT$1$1
+0.00%
5 USDT$5$5
+0.00%
10 USDT$10$10
+0.00%
50 USDT$50.02$50.02
+0.00%
100 USDT$100.04$100.03
+0.00%
500 USDT$500.18$500.17
+0.00%
1000 USDT$1,000.36$1,000.34
+0.00%

Today vs. 1 month ago

Amount14:56 today1 month ago1M change
0.5 USDT$0.5002$0.4995
+0.14%
1 USDT$1$0.9990
+0.14%
5 USDT$5$4.99
+0.14%
10 USDT$10$9.99
+0.14%
50 USDT$50.02$49.95
+0.14%
100 USDT$100.04$99.9
+0.14%
500 USDT$500.18$499.49
+0.14%
1000 USDT$1,000.36$998.98
+0.14%

Today vs. 1 year ago

Amount14:56 today1 year ago1Y change
0.5 USDT$0.5002$0.5001
+0.02%
1 USDT$1$1
+0.02%
5 USDT$5$5
+0.02%
10 USDT$10$10
+0.02%
50 USDT$50.02$50.01
+0.02%
100 USDT$100.04$100.02
+0.02%
500 USDT$500.18$500.08
+0.02%
1000 USDT$1,000.36$1,000.16
+0.02%

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.