Exchange 84 IQD to ZAR - 84 Iraqi Dinar to South African Rand
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.
The rand (sign: R; code: ZAR) is the currency of South Africa. The Rand is subdivided into 100 cents (sign: "c"). The ISO 4217 code is ZAR, from Dutch Zuid-Afrikaanse Rand (South African Rand). The Rand is legal tender in the Common Monetary Area between South Africa, Swaziland, Lesotho, and Namibia, although the last three countries do have their own currencies pegged at par with rand. Before 1976, the rand was legal tender in Botswana.
84 Iraqi Dinar to South African Rand exchange rates chart
84 IQD to ZAR 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.
84 Iraqi Dinar to South African Rand 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.
Apart from barter trade, Tehran and Baghdad are mulling the idea of using the Iraqi dinar for mutual transactions to reduce reliance on the US dollar amid banking problems Iran is facing due to US sanctions.
Latin American News Agency with headquarters in Havana, Cuba, since 1959. It has today correspondent offices in all continents and provide information on Latin America, the Caribbean and the rest of the world in text, image, audio and video
Those who find themselves in emergency situations on the West Rand could be in more trouble than they think because protesting municipality workers are preventing critical services from being carried out.