Iraqi Dinar to Norwegian Krone

The Iraqi dinar (sign د.ع, code IQD) is the main currency of Iraq. Small coins called fils are formally used for change for the Iraqi dinar.

Every IQD has 1000 fils. However, since 1990, fils has not been used due to inflation. The currency has been issued since 1932. Before having its own currency, Iraq used the Indian rupee. Since their appearance, notes and coins have gone through several significant changes. Only one detail remained the same: all writing is duplicated in English and Arabic.

The Norwegian krone (symbol: kr, code: NOK, number 578) is the national currency of Norway, valid in the country since 1874 to have replaced the Norwegian daler. Although nominally the krone is subdivided into 100 ore, coins denominations of less than 1 crone have been discontinued, and ore has existed only electronically since 2012. The banknotes design bears traditional Scandinavian decorations depicting ships, lighthouses, sea waves, cod.

The exchange rate varies depending on oil prices and other economic factors. The average inflation index is low,e.g. in autumn 2019 it was only 1.8%. During 2017 - 2019, all old banknotes were replaced in the country. They can be exchanged in banks until 2028.