Convert Iraqi Dinar to New Zealand Dollar
Please provide values below to convert Iraqi Dinar [IQD] to New Zealand Dollar [NZD], or Convert New Zealand Dollar to Iraqi Dinar.
How to Convert Iraqi Dinar to New Zealand Dollar
1 IQD = 784.69298981426 NZD
Example: convert 15 IQD to NZD:
15 IQD = 15 × 784.69298981426 NZD = 11770.3948472139 NZD
Iraqi Dinar to New Zealand Dollar Conversion Table
Iraqi Dinar | New Zealand Dollar |
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Iraqi Dinar
The Iraqi Dinar (IQD) is the official currency of Iraq, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Iraqi Dinar was introduced in 1932, replacing the Indian Rupee, and has undergone various redenominations and reforms, especially following periods of economic instability and conflict.
Current Use
Today, the IQD is the official currency of Iraq, used in all financial transactions, with the Central Bank of Iraq managing its issuance and regulation.
New Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.