Convert Iraqi Dinar to Saudi Riyal
Please provide values below to convert Iraqi Dinar [IQD] to Saudi Riyal [SAR], or Convert Saudi Riyal to Iraqi Dinar.
How to Convert Iraqi Dinar to Saudi Riyal
1 IQD = 349.240693333333 SAR
Example: convert 15 IQD to SAR:
15 IQD = 15 × 349.240693333333 SAR = 5238.6104 SAR
Iraqi Dinar to Saudi Riyal Conversion Table
| Iraqi Dinar | Saudi Riyal |
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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.
Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.