Convert Qatari Rial to Iraqi Dinar
Please provide values below to convert Qatari Rial [QAR] to Iraqi Dinar [IQD], or Convert Iraqi Dinar to Qatari Rial.
How to Convert Qatari Rial to Iraqi Dinar
1 QAR = 0.00277936301581045 IQD
Example: convert 15 QAR to IQD:
15 QAR = 15 × 0.00277936301581045 IQD = 0.0416904452371568 IQD
Qatari Rial to Iraqi Dinar Conversion Table
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Qatari Rial
The Qatari Rial (QAR) is the official currency of Qatar, used for all monetary transactions within the country.
History/Origin
The Qatari Rial was introduced in the 1960s, replacing the Indian Rupee, and has undergone various redenominations and stability measures to establish its value.
Current Use
The Qatari Rial is widely used in Qatar for everyday transactions, banking, and international trade, and is pegged to a basket of currencies with a fixed exchange rate to the US dollar.
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.