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BAG to IQD Converter and calculator

BAG/IQD: 1 BAG = 0.2017 IQD. The price of converting 1 Bag (BAG) to Iraqi dinar (IQD) is 0.2017 IQD today.
BAG
BAG
IQD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides BAG to IQD real-time exchange rates, making it easy to convert Bag (BAG) to Iraqi dinar (IQD). The conversion result is based on real-time data. The conversion result shows that 1 BAG is currently valued at 0.20 IQD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 BAG is currently valued at 0.20 IQD, which means buying 5 BAG would cost 1.01 IQD. Similarly, ع.د1 IQD can be converted to 4.96 BAG, and ع.د50 IQD can be converted to 24.79 BAG, excluding any platform or gas fees.

Convert BAG to IQD

Convert IQD to BAG

Bag
Iraqi dinar
5000 BAG
1,008.65  IQD
10000 BAG
2,017.3  IQD
In the table above, you'll find a comprehensive BAG to IQD converter that shows the value of Bag in Iraqi dinar across commonly used conversion amounts. The list covers conversions from 1 BAG to IQD, all the way up to 10000 BAG, providing a clear view of their respective values.
Iraqi dinar
Bag
10000 IQD
49,571.22 BAG
50000 IQD
247,856.11 BAG
100000 IQD
495,712.23 BAG
In the table above, you'll find a comprehensive IQD to BAG converter that shows the value of Iraqi dinar in Bag across commonly used conversion amounts. The list covers conversions from 1 IQD to BAG, all the way up to 100000 IQD, providing a clear view of their respective values.

BAG to IQD chart

BAG/IQD: 1 BAG = 0.2017 IQD; 2025/05/01 17:08:06
In the past 1D, Bag has changed +5.25% to IQD. Based on the trend and price charts, Bag(BAG) has changed +5.25% to IQD while Iraqi dinar(IQD) has changed % to BAG in the last 24 hours.
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BAG to IQD conversion data: Volatility and price changes of Bag in IQD

The highest Bag price in IQD over the past 7 days was 0.2054 IQD while the lowest Bag price in IQD over the past 7 days was 0.1843 IQD. The relative change between the highs and lows in Bag price in IQD over the last 7 days indicates a volatility of %. You can view additional volatility data and BAG to IQD prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.2019 IQD
0.2054 IQD
0.2780 IQD
1.25 IQD
Low
0.1905 IQD
0.1843 IQD
0.1572 IQD
0.1572 IQD
Average
0 IQD
0 IQD
0 IQD
0 IQD
Volatility
%
%
%
%
Change
+5.25%
-0.96%
-12.91%
-78.22%

Bag information

BAG to IQD market statistics

BAG/IQD:
ع.د0.2017
BAG 24h volume:
ع.د27,754,598
BAG market cap:
ع.د884,378,771.28
BAG circulating supply:
4.38B BAG

Current BAG to IQD exchange rate

Bag to Iraqi dinar is falling this week.
Bag's current market price is ع.د0.2017 per BAG, with a total market cap of ع.د884,378,771.28 IQD based on a circulating supply of 4,383,974,000 BAG. The trading volume of Bag has changed by +20.60% (ع.د4,740,129.07 IQD) in the last 24 hours. Last trading day, BAG's trading volume was ع.د23,014,468.94.

More info about Bag on Bitget

Iraqi dinar information

About Iraqi Dinar (IQD)

The Iraqi Dinar (IQD), the official currency of Iraq, is a significant symbol of the nation's economic and political history. It is commonly abbreviated as IQD and represented by the symbol ع.د. Introduced in 1932, replacing the Indian Rupee, the Dinar has been a witness to Iraqs rich cultural heritage, vast economic changes, and periods of conflict and reconstruction.

Historical Background

The Iraqi Dinar was established when Iraq was a British mandate following World War I. The decision to replace the Indian Rupee with the Dinar was part of Iraq’s initial steps towards establishing a sovereign state. The currency has since undergone several transformations, reflecting the country’s turbulent history, including coups, wars, and economic sanctions.

Design and Symbolism

The design of the Iraqi Dinar reflects the country's rich history and diverse culture. Banknotes feature important historical figures, such as King Faisal I, and landmarks that symbolize Iraq’s ancient civilization, like the Great Mosque of Samarra. The notes also showcase Iraq’s natural beauty, including rivers and palm trees, representing the country’s agricultural heritage.

Economic Role

The Dinar is central to Iraq’s economy, driven primarily by oil exports. It facilitates all economic activities within the country, from government spending to local trade. The stability of the Dinar is crucial for economic growth, affecting everything from foreign investment to the purchasing power of ordinary Iraqis.

Monetary Policy and Inflation

Managed by the Central Bank of Iraq, the Dinar’s value has been subject to fluctuations due to political instability, economic sanctions, and fluctuating oil prices. The bank’s policies aim to stabilize the currency, control inflation, and foster a climate conducive to economic recovery and growth.

The Dinar in International Trade

Given Iraq’s status as a major oil exporter, the Dinar plays a significant role in international trade within the energy sector. The currency’s exchange rate against global currencies impacts Iraq’s trade balance and overall economic stability.

Sanctions and the Dinar

Economic sanctions have historically impacted the Dinar’s value and Iraq’s economy. The lifting of sanctions and subsequent economic reforms play a crucial role in the Dinar’s recovery and the nation’s reintegration into the global economy.

Bitget crypto-to-fiat exchange data shows that the most popular Bag currency pair is the BAG to IQD, with for Bag's currency code being BAG. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for IQD.

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How to convert BAG to IQD

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BAG to IQD Conversion tables

The exchange rate of Bag is decreasing.
The exchange rate of 1 BAG to Iraqi dinar has changed by -0.96% in the last 7 days. In the last 24 hours, the rate has fluctuated by +5.25%, reaching a high of 0.2019 IQD and a low of 0.1905 IQD . One month ago, the value of 1 BAG was ع.د0.2316 IQD , which represents a -12.91% change from its current value. Over the last year, Bag has changed by
-ع.د
3.6IQD
, resulting in a change of -94.69% in its value.
24 hours ago1 month ago1 year ago
Amount17:08 today24 hours ago24h change
0.5 BAGع.د0.1009ع.د0.09583
+5.25%
1 BAGع.د0.2017ع.د0.1917
+5.25%
5 BAGع.د1.01ع.د0.9583
+5.25%
10 BAGع.د2.02ع.د1.92
+5.25%
50 BAGع.د10.09ع.د9.58
+5.25%
100 BAGع.د20.17ع.د19.17
+5.25%
500 BAGع.د100.86ع.د95.83
+5.25%
1000 BAGع.د201.73ع.د191.67
+5.25%

BAG to IQD FAQ

How much is 1 Bag in IQD?
Right now, the price of 1 Bag (BAG) in Iraqi dinar (IQD) is ع.د0.2017.
How much BAG can I buy for 1 IQD?
Based on the current exchange rate, you can get 4.96 BAG for 1 IQD.
How do I calculate or convert BAG to IQD?
You can use our BAG to IQD calculator at the top of this page to convert any amount of BAG to IQD. We've also included quick-reference tables for the most popular conversions. For example, 5 IQD is equivalent to 24.79 BAG, while 5 BAG will cost around 1.01IQD.
What is the highest price of BAG/IQD in history?
The all-time high price of 1 BAG in IQD is ع.د11.75. It remains to be seen if the value of 1 BAG/IQD will exceed the current all-time high.
What is the price trend of Bag in IQD?
Over the past 7 days, the exchange rate of Bag (BAG) has gone down by 0.96%.   Over the last month, the exchange rate of Bag (BAG) has gone down by 12.91% against Iraqi dinar (IQD).

What factors influence the conversion rate of BAG to IQD?

There are many factors that affect the relationship between Bag and Iraqi dinar, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of BAG/IQD. When there is positive news in the market about the widespread adoption of BAG or major technological breakthroughs, it tends to trigger market optimism and drive the rise of BAG/IQD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in BAG/IQD.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of BAG/IQD. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Bag and adjust their investment strategies accordingly in the evolving market.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.