Convert Iraqi Dinar to Mexican Peso
Please provide values below to convert Iraqi Dinar [IQD] to Mexican Peso [MXN], or Convert Mexican Peso to Iraqi Dinar.
How to Convert Iraqi Dinar to Mexican Peso
1 IQD = 70.24450499351 MXN
Example: convert 15 IQD to MXN:
15 IQD = 15 × 70.24450499351 MXN = 1053.66757490265 MXN
Iraqi Dinar to Mexican Peso Conversion Table
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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.
Mexican Peso
The Mexican Peso (MXN) is the official currency of Mexico, used for everyday transactions and financial exchanges within the country.
History/Origin
The Mexican Peso originated in the 19th century, evolving from the Spanish dollar and undergoing various reforms. It was decimalized in 1905 and has experienced multiple currency reforms, including the introduction of the current peso in 1993 to stabilize the economy.
Current Use
Today, the Mexican Peso is widely used in Mexico for all forms of payment, both cash and electronic, and is one of the most traded currencies in Latin America.