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