Convert British Pound Sterling to Iraqi Dinar
Please provide values below to convert British Pound Sterling [GBP] to Iraqi Dinar [IQD], or Convert Iraqi Dinar to British Pound Sterling.
How to Convert British Pound Sterling to Iraqi Dinar
1 GBP = 0.000565188050632664 IQD
Example: convert 15 GBP to IQD:
15 GBP = 15 × 0.000565188050632664 IQD = 0.00847782075948996 IQD
British Pound Sterling to Iraqi Dinar Conversion Table
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British Pound Sterling
The British Pound Sterling (GBP) is the official currency of the United Kingdom and its territories, used as a standard unit of monetary value.
History/Origin
The Pound Sterling is one of the oldest currencies still in use, dating back to the 8th century. It was originally a silver coin and has evolved through various forms, including the gold standard and fiat currency, becoming the UK's primary currency in the 19th century.
Current Use
Today, the GBP is widely used in the UK and its territories, serving as the main currency for everyday transactions, banking, and international trade. It is also a major reserve currency globally.
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.