Iraqi dinar

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Definition
  1. Noun:
    • The basic unit of money in Iraq: The "Iraqi dinar" is the official currency of the Republic of Iraq. It is subdivided into 1,000 fils.
Usage Examples
  • Noun:
    • The price of the item was listed as 25,000 Iraqi dinar.
    • He exchanged his dollars for Iraqi dinar before his business trip to Baghdad.
Advanced Usage
  • The term is often used in financial, economic, and geopolitical contexts when discussing trade, inflation, or the value of Iraq's currency on the international market.
    • The stability of the Iraqi dinar is crucial for the country's economic recovery.
Variants and Related Words
  • Dinar (n): The general term for monetary units used in several countries, including Iraq, Jordan, Algeria, and others. The "Iraqi dinar" is a specific instance.
  • Fils (n): A subunit of the dinar. One Iraqi dinar is equal to 1,000 fils (though fils are rarely used in practice due to low value).
Synonyms
  • IQD: The three-letter currency code (ISO 4217) for the Iraqi dinar, used in banking and foreign exchange markets.
    • The exchange rate for IQD has fluctuated recently.
Related Phrases
  • While "Iraqi dinar" itself is not typically part of idioms or phrasal verbs, it is central to phrases describing economic activity.
    • to trade in Iraqi dinar
    • the value of the Iraqi dinar
Noun
  1. the basic unit of money in Iraq; equal to 1,000 fils

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