Exchange Rates and Currency Pair IQD/GMD

The foreign exchange market is a dynamic and complex environment where different currencies are traded against each other. One of the many currency pairs traded is IQD/GMD, representing the Iraqi Dinar (IQD) and the Gambian Dalasi (GMD). Understanding these currencies and their exchange rates can be crucial for both investors and travelers.

Iraqi Dinar (IQD)

The Iraqi Dinar (IQD) is the official currency of Iraq. It was introduced in 1932 and has undergone several changes over the years, especially in relation to political and economic upheavals. The value of the dinar is strongly influenced by the country's oil industry, which is one of the largest in the world. Despite the challenges Iraq has faced, the IQD remains an important currency in the region.

Gambian Dalasi (GMD)

The Gambian Dalasi (GMD) is the official currency of Gambia. It was introduced in 1971, replacing the former currency, the Gambian Pound. Gambia is one of the smallest countries in Africa, and its economy is heavily dependent on agriculture and tourism. The value of the Dalasi can be influenced by various factors such as crop size and tourist flows.

Convert IQD to GMD

To convert IQD to GMD or vice versa, you can use our user-friendly currency converter. Follow these simple steps:

Enter the amount you want to convert.
Select the base currency (IQD or GMD).
Choose the target currency (GMD or IQD).
The conversion will happen automatically, and you will receive the result instantly.

In addition to converting between IQD and GMD, you can also use our currency converter to exchange between other currencies. This makes it easy to keep track of different exchange rates and plan your financial transactions more efficiently.

Historical Exchange Rates

To give you a better understanding of how the exchange rate between IQD and GMD has evolved over time, we also provide a chart with historical data. This can be particularly useful for identifying trends and making well-informed decisions.

Whether you are an investor, business traveler, or tourist, our currency converter can help you navigate the foreign exchange market with ease and precision.