Exchange 317 IQD to SAR - 317 Iraqi Dinar to Saudi Arabian Riyal
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.
317 Iraqi Dinar to Saudi Arabian Riyal exchange rates chart
317 IQD to SAR 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.
317 Iraqi Dinar to Saudi Arabian Riyal 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.
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