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Currency & Exchange

Currency of Iraq: Iraqi Dinar

Name: Currency and Money in Iraq
Creator: DigifyWorld

BaghdadLocal time

Iraqi Dinar · IQD · National

Iraqi Dinar

ISO IQD · IRAQ

Iraqi Dinar

ISO codeIQD

Monetary authorityCentral Bank of Iraq

IQD

ISO 4217 code

Currency identifier

Currencies with an official role

National

IQD

Display identifier

ISO code used where a standalone symbol is not shown

Time-sensitive

Exchange-rate context

Check the rate date and source

CurrencyIraqi Dinar

ISO codeIQD

Largest noteIQD50,000

Largest coinNo circulation coin

Current note seriesCurrent Central Bank of Iraq banknote family

Who Issues Iraqi Dinar in Iraq

Iraq has a domestically administered currency system built around the Iraqi Dinar (IQD). Central Bank of Iraq is the named monetary authority, and 368 is the ISO 4217 numeric code.

In Iraq, Central Bank of Iraq manages the monetary framework for the Iraqi Dinar in Iraq. IQD is therefore a nationally administered currency rather than an externally issued unit. This makes the reference value properly qualified.

Currency architectureNational

Primary currencyIraqi Dinar (IQD)

Monetary authorityCentral Bank of Iraq

Exchange Rate for IQD

For an IQD comparison in Iraq, the useful benchmark is a dated IQD observation with its currency pair stated explicitly. Actual conversion costs depend on the provider's spread, fees and timing.

Latest available reference rate*Loading...

Checking USD/IQD

Latest official/reference observation where supported. Source and date are shown after loading; this is not a trading quote.

USD=IQD

When interpreting Iraqi Dinar data for Iraq, keep the quoted pair and observation time consistent when comparing rates. Reference observations are benchmarks, not guaranteed retail transaction prices. The page therefore keeps the monetary framework distinct from the conversion quote.

Banknotes and Coins

Banknotes

The current Iraqi dinar note family contains IQD250, IQD500, IQD1,000, IQD5,000, IQD10,000, IQD25,000 and IQD50,000 banknotes.

IQD250

IQD500

IQD1,000

IQD5,000

IQD10,000

IQD25,000

IQD50,000

Coins

Coins are not part of the practical current Iraqi cash denomination set; everyday dinar cash use is banknote-based.

Frequently Asked Questions

What currency is used in Iraq?

Within Iraq's currency framework, the Iraqi Dinar (IQD) is the national currency, with Central Bank of Iraq responsible for the domestic monetary framework. That preserves the reference observation clearly bounded.

Who manages the currency system in Iraq?

Central Bank of Iraq is the main monetary authority identified for Iraq.

Are the exchange rates for Iraq real-time?

When an IQD rate is shown, the converter uses the latest available reference observation for a supported pair and displays its observation date. It is not a tick-by-tick dealing price or a promise of the rate a provider will offer.

Data note: Figures marked with * are sourced from external institutions or data providers and may change after publication. Exchange rates, payment statistics and other time-sensitive figures are provided for general reference and may not reflect current market, bank, card-network or transaction rates. DigifyWorld aims to use reliable sources and keep information current, but cannot guarantee that all data is complete, real-time or 100% accurate. Check the cited source or relevant monetary authority when making financial decisions.

Sources & methodology

For monetary-system facts, the primary reference is Central Bank of Iraq, supplemented by the applicable framework for Iraq. ISO 4217 is used for the IQD identifier; exchange-arrangement facts and dated rate observations are treated as different data layers. This leaves a clear reference point.

View sources used for this page

Exchange-rate note: the IQD converter for Iraq requests a supported reference-rate source and displays the observation date. If no supported observation is available, the converter shows that a reference rate is unavailable instead of estimating one.