Convert United Arab Emirates Dirham to Iraqi Dinar
Please provide values below to convert United Arab Emirates Dirham [AED] to Iraqi Dinar [IQD], or Convert Iraqi Dinar to United Arab Emirates Dirham.
How to Convert United Arab Emirates Dirham to Iraqi Dinar
1 AED = 0.00280417875702305 IQD
Example: convert 15 AED to IQD:
15 AED = 15 × 0.00280417875702305 IQD = 0.0420626813553457 IQD
United Arab Emirates Dirham to Iraqi Dinar Conversion Table
United Arab Emirates Dirham | Iraqi Dinar |
---|
United Arab Emirates Dirham
The United Arab Emirates Dirham (AED) is the official currency of the United Arab Emirates, used for all monetary transactions within the country.
History/Origin
The AED was introduced in 1973, replacing the Qatar and Dubai riyal at par, to unify the various currencies used in the emirates and establish a national monetary system.
Current Use
The AED is widely used across the UAE for everyday transactions, banking, and international trade, and is recognized as a stable and reliable currency in the region.
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.