Convert Iraqi Dinar to New Taiwan Dollar
Please provide values below to convert Iraqi Dinar [IQD] to New Taiwan Dollar [TWD], or Convert New Taiwan Dollar to Iraqi Dinar.
How to Convert Iraqi Dinar to New Taiwan Dollar
1 IQD = 44.5991009705432 TWD
Example: convert 15 IQD to TWD:
15 IQD = 15 × 44.5991009705432 TWD = 668.986514558147 TWD
Iraqi Dinar to New Taiwan Dollar Conversion Table
Iraqi Dinar | New Taiwan Dollar |
---|
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.
New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan, used for everyday transactions and financial exchanges within the country.
History/Origin
The New Taiwan Dollar was introduced in 1949 to replace the Old Taiwan Dollar, stabilizing Taiwan's economy after World War II and subsequent political changes. It has undergone several reforms and devaluations over the decades to adapt to economic conditions.
Current Use
Today, the TWD is widely used in Taiwan for all monetary transactions, including retail, banking, and international trade. It is also accepted in some neighboring regions and is actively traded in foreign exchange markets.