Iqd Al-farid
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Iqd Al-farid
The Iraqi dinar () (Arabic language, Arabic: دينار; currency sign, sign: ID in Latin alphabet, Latin, د.ع in Arabic script, Arabic; ISO 4217, code: IQD) is the currency of Iraq. It is issued by the Central Bank of Iraq and is subdivided into 1,000 fils (فلس), although inflation has rendered the fils obsolete since 1990. On 26 December 2022, the exchange rate with the US Dollar was US$1 = 1556 dinars. History The Iraqi dinar entered circulation on 1 April 1932, replacing the Indian rupee, which had been the official currency since the Mesopotamian campaign, British occupation of the country in World War I, at a rate of 1 dinar = 11 rupees. The dinar was pegged at par with Pound sterling, sterling until 1959 when, without changing its value, the peg was switched to the United States dollar at the rate of ID 1 = US$2.80. By not following the US devaluations in 1971 and 1973, the official rate rose to US$3.3778, before a 5% devaluation reduced its rate to US$ ...
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Fils (currency)
The fils ( Arabic: فلس) is a subdivision of currency used in some Arab countries, such as Iraq and Bahrain. The term is a modern retranscription of '' fals'', an early medieval Arab coin. "Fils" is the singular form in Arabic, not plural (as its final consonant might indicate to an English speaker). The plural form of fils is ''fulūs'' (فلوس); the latter term can also refer to small amounts of money or to money in general in Egyptian and Iraqi and many other varieties of Arabic. * 1 Bahraini dinar = 1000 fulūs (or 1 fils = Bahraini dinar) * 1 Emirati dirham = 100 fulus * 1 Iraqi dinar = 1000 fulūs * 1 Jordanian dinar The Jordanian dinar ( ar, دينار أردني; ISO 4217, code: JOD; unofficially abbreviated as JD) has been the currency of Jordan since 1950. The dinar is divided into 10 dirhams, 100 qirsh (also called piastres) or 1000 fils (currency), fulu ... = 1000 fulūs * 1 Kuwaiti dinar = 1000 fulūs * 1 Yemeni rial = 100 fulūs Indian rupees * ...
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