What is Iraqcur Currency? It is the question whose answer matters for every traveler during his/ her traveling. Iraq currency rate varies within days. So one should keep himself/ herself updated with the information of Iraq currency and exchange rate.

Official Currency of Iraq

Iraqi dinar is the Iraq currency. The code of Iraq currency is IQD. It can be divided further into 1,000 fils. The central bank of Iraq is the bank that issues Iraq currency.

Things You Need to Know About Iraq Currency

Iraq currency is available in coins as well as in banknote form. Currently, banknotes of 50,000 dinars, 25,000 dinar, 10,000 dinar, 5,000 dinar, 1,000 dinars are active and living. The banknote of 250,500 dinars is rarely used.

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History of Iraq Currency

The banknote of 5 Dinars has a picture of Saddam Hussain, the former president of Iraq. There are four banknote series of the currency of Iraq. First was the kingdom dinar series that was used from 1932 to 1958. The second series was the Swiss dinar series that was used in the time period of 1979-1086. The third series was of 1990 – 2003. The fourth series is the currently used series.

Currency Coins in Iraq

Coins are available in denomination of 1,5, 10, 25, 50, 100 fils, 500 fils, 1 dinar, 25 dinar, 50 dinar, 100 dinar. The 25 dinar coin is made of copper plated steel. 50 dinar coin is composed of brass plated steel. 100 dinar coin is made of stainless steel.

Iraq Currency to PKR & USD

Coin of 200 fils is termed as “Rial”. USD to IQD currency rate is the most famous currency exchange rate. Iraq currency to PKR is like 1 Iraqi dinar equivalent to the 0.10 Pakistani Rupee. Iraq currency to USD is like 1 Iraq currency equivalent to 0.00048.