Iraqi currency 5 Letters Crossword Clue Puzzle Answer from October 14, 2024

Iraqi currency Crossword Clue Answer

Let’s find the answers to Iraqi currency crossword clue for the October 14, 2024 edition of Irish Daily Mail Quick crossword puzzle. Answer Contains 5 letters. Start with D and end with R, and the possible solutions are DRIER, DREAR, DINAR.

The answer is DINAR.

The Iraqi currency is known as the dinar, which is abbreviated as IQD. The dinar was first introduced in Iraq in 1932, replacing the Indian rupee at par. It has undergone several changes since its inception, including redesigns and redenominations, especially during periods of economic instability and hyperinflation. The dinar is subdivided into 1,000 fils, although fils coins are rarely used today.

The Central Bank of Iraq is responsible for issuing and regulating the dinar, and it plays a crucial role in the country's monetary policy. The value of the dinar has fluctuated significantly over the years due to various factors, including political instability, conflicts, and changes in oil prices, which heavily influence Iraq's economy. Despite these challenges, the dinar remains a symbol of Iraqi sovereignty and economic identity.