Convert New Taiwan Dollar to Iraqi Dinar
Please provide values below to convert New Taiwan Dollar [TWD] to Iraqi Dinar [IQD], or Convert Iraqi Dinar to New Taiwan Dollar.
How to Convert New Taiwan Dollar to Iraqi Dinar
1 TWD = 0.0224219766371632 IQD
Example: convert 15 TWD to IQD:
15 TWD = 15 × 0.0224219766371632 IQD = 0.336329649557448 IQD
New Taiwan Dollar to Iraqi Dinar Conversion Table
| New Taiwan Dollar | Iraqi Dinar |
|---|
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.
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.