Iraqi Dinar

Iraqi Dinar

The Dinar (Arabic pronunciation: [diːˈnɑːr]) (Arabic: دينار, [(sign: د.ع; 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.

British Pound

British Pound

The pound sterling (symbol: £; ISO code: GBP), commonly known as the pound and less commonly referred to as Sterling, is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, South Georgia and the South Sandwich Islands, the British Antarctic Territory, and Tristan da Cunha. It is subdivided into 100 pence (singular: penny, abbreviated: p). A number of nations that do not use sterling also have currencies called the pound. At various times, the pound sterling was commodity money or bank notes backed by silver or gold, but it is currently fiat money, backed only by the economy in the areas where it is accepted. The pound sterling is the world's oldest currency still in use and which has been in continuous use since its inception.Sterling is the fourth most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and the Chinese yuan it forms the basket of currencies which calculate the value of IMF special drawing rights. Sterling is also the third most-held reserve currency in global reserves (about 4%).The British Crown dependencies of Guernsey, Jersey and the Isle of Man produce their own local issues of sterling (the Guernsey pound, the Jersey pound and the Manx pound) which are considered fully equivalent to UK sterling in their respective regions. The pound sterling is also used in Gibraltar (alongside the Gibraltar pound), the Falkland Islands (alongside the Falkland Islands pound), Saint Helena and Ascension Island in Saint Helena, Ascension and Tristan da Cunha (alongside the Saint Helena pound). The Bank of England is the central bank for the pound sterling, issuing its own coins and banknotes, and regulating issuance of banknotes by private banks in Scotland and Northern Ireland. Banknotes issued by other jurisdictions are not regulated by the Bank of England; local governments use Bank of England notes as backing for local issuance by allowing them to be exchanged 1:1 at face value.

1559 Iraqi Dinar to British Pound exchange rates chart

1559 IQD to GBP exchange rates graph
1559 IQD to GBP Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

1559 IQD to GBP exchange rates table

Exchange IQD to GBP
1559 Iraqi Dinar = 1.009 British Pound
3118 Iraqi Dinar = 2.017 British Pound
7795 Iraqi Dinar = 5.043 British Pound
15590 Iraqi Dinar = 10.087 British Pound
Exchange Iraqi Dinar to British Pound
1559 Iraqi Dinar to British Pound Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

1559 IQD to GBP exchange rates news

BSP alerts public vs fake peso bills
BSP alerts public vs fake peso bills

Manila Standard | Defining The News

14 days indicative negative
At Tehran’s request, Iraqi banks will not sell US dollars to travelers to Iran

The Central Bank of Iraq has ordered banks and foreign exchange companies across the country not to sell the US dollar to those wishing to travel to Iran.

about 2 months conditional neutral
Barzani: Iraqi government not opposed to Kurdistan-Rosneft deal
Barzani: Iraqi government not opposed to Kurdistan-Rosneft deal

Erbil (IraqiNews.com) The Iraqi central government does not oppose gas deals between Kurdistan Region and Russian giant Rosneft, Kurdistan Region’s Prime The Iraqi central government does not oppose gas deals between Kurdistan Region and Russian giant Rosneft, Kurdistan Region’s Prime Minister Nechirvan......

about 2 months indicative neutral
WATCH: Large protest in southern Iran demands ‘Iraqis’ out of the country

A large demonstration on Thursday evening took place in Iran's southern city of Abadan against the influx of Iraqi visitors to the area.

about 2 months indicative neutral
Jamaican dollar declines 10 cents vs greenback

The Jamaican dollar devalued by 10 cents against the United States dollar during Wednesday’s trading, according to the trading summary from the Bank of Jamaica (BOJ)

12 days indicative negative

1559 IQD to GBP currency converter