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Phoenic to Iraqi dinar Converter and calculator

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Convert 1Phoenic (PNIC) to Iraqi dinar (IQD) equals ع.د 2.83 | Bitget
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Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Phoenic(PNIC) to Iraqi dinar(IQD). This is the real-time data. The current conversion shows 1 PNIC at a value of 1 PNIC for 2.83 IQD . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

IQD 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.

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

PNIC to IQD conversion rate trend

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In the past 1D, Phoenic has changed +6.80% to IQD. Based on the trend and price charts, Phoenic(PNIC) has changed +6.80% to IQD while Iraqi dinar(IQD) has changed % to PNIC in the last 24 hours.

PNIC to IQD market statistics

PNIC/IQD:
ع.د 2.83
PNIC 24h volume:
ع.د 86,896,507.86
PNIC market cap:
ع.د 719,401,012.08
PNIC circulating supply:
254.37M PNIC

Current PNIC to IQD exchange rate

Phoenic to Iraqi dinar is falling this week.
Phoenic's current market price is ع.د 2.83 per PNIC, with a total market cap of ع.د 719,401,012.08 IQD based on a circulating supply of 254,367,020 PNIC. The trading volume of Phoenic has changed by +19.53% (ع.د 14,196,555.83 IQD) in the last 24 hours. Last trading day, PNIC's trading volume was ع.د 72,699,952.03.

PNIC to IQD Conversion tables

The exchange rate of Phoenic is increasing.
1 PNIC is currently valued at ع.د 2.83 IQD , which means buying 5 PNIC will cost ع.د 14.14 IQD . Similarly, ع.د1 IQD can be traded for 0.3536 PNIC, and ع.د50 IQD can be converted to 17.68 PNIC, excluding any platform or gas fees.
The exchange rate of 1 PNIC to Iraqi dinar has changed by -32.54% in the last 7 days. In the last 24 hours, the rate has fluctuated by +6.80%, reaching a high of 2.94 IQD and a low of 2.58 IQD . One month ago, the value of 1 PNIC was ع.د 2.7 IQD , which represents a +4.56% change from its current value. Over the last year, Phoenic has changed by
-ع.د
70.19IQD
, resulting in a change of -96.13% in its value.

PNIC to IQD

Amount
19:41 today
0.5 PNIC
ع.د1.41
1 PNIC
ع.د2.83
5 PNIC
ع.د14.14
10 PNIC
ع.د28.28
50 PNIC
ع.د141.41
100 PNIC
ع.د282.82
500 PNIC
ع.د1,414.1
1000 PNIC
ع.د2,828.2

IQD to PNIC

Amount19:41 today
0.5IQD0.1768  PNIC
1IQD0.3536  PNIC
5IQD1.77  PNIC
10IQD3.54  PNIC
50IQD17.68  PNIC
100IQD35.36  PNIC
500IQD176.79  PNIC
1000IQD353.58  PNIC
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PNIC to IQD Today vs. 24 hours ago

Amount19:41 today24 hours ago24h change
0.5 PNICع.د1.41ع.د1.32
+6.80%
1 PNICع.د2.83ع.د2.65
+6.80%
5 PNICع.د14.14ع.د13.24
+6.80%
10 PNICع.د28.28ع.د26.48
+6.80%
50 PNICع.د141.41ع.د132.4
+6.80%
100 PNICع.د282.82ع.د264.8
+6.80%
500 PNICع.د1,414.1ع.د1,324.01
+6.80%
1000 PNICع.د2,828.2ع.د2,648.02
+6.80%

PNIC to IQD Today vs. 1 month ago

Amount19:41 today1 month ago1M change
0.5 PNICع.د1.41ع.د1.35
+4.56%
1 PNICع.د2.83ع.د2.7
+4.56%
5 PNICع.د14.14ع.د13.52
+4.56%
10 PNICع.د28.28ع.د27.05
+4.56%
50 PNICع.د141.41ع.د135.24
+4.56%
100 PNICع.د282.82ع.د270.49
+4.56%
500 PNICع.د1,414.1ع.د1,352.45
+4.56%
1000 PNICع.د2,828.2ع.د2,704.89
+4.56%

PNIC to IQD Today vs. 1 year ago

Amount19:41 today1 year ago1Y change
0.5 PNICع.د1.41ع.د36.51
-96.13%
1 PNICع.د2.83ع.د73.02
-96.13%
5 PNICع.د14.14ع.د365.09
-96.13%
10 PNICع.د28.28ع.د730.19
-96.13%
50 PNICع.د141.41ع.د3,650.93
-96.13%
100 PNICع.د282.82ع.د7,301.86
-96.13%
500 PNICع.د1,414.1ع.د36,509.29
-96.13%
1000 PNICع.د2,828.2ع.د73,018.59
-96.13%

How to convert PNIC to IQD

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Convert PNIC to IQD
Use a variety of payment options to buy Phoenic on Bitget. We'll show you how.

Buy PNIC (or USDT) for IQD (Iraqi Dinar) offers

Bitget P2P trading does not currently support direct buying of PNIC with IQD. However, you can buy USDT in Bitget P2P trading first, and then buy PNIC with USDT via Bitget spot market.
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Sell PNIC (or USDT) for IQD (Iraqi Dinar) offers

Bitget P2P trading currently does not support direct selling of PNIC to IQD. However, you can first exchange PNIC for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
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What factors influence the conversion rate of PNIC to IQD?

There are many factors that affect the relationship between Phoenic 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 PNIC/IQD. When there is positive news in the market about the widespread adoption of PNIC or major technological breakthroughs, it tends to trigger market optimism and drive the rise of PNIC/IQD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in PNIC/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.
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 PNIC/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 Phoenic and adjust their investment strategies accordingly in the evolving market.

Phoenic price prediction

What will the price of PNIC be in 2026?

Based on PNIC's historical price performance prediction model, the price of PNIC is projected to reach $0.005488 in 2026.

What will the price of PNIC be in 2031?

In 2031, the PNIC price is expected to change by 0.00%. By the end of 2031, the PNIC price is projected to reach $0.01010, with a cumulative ROI of +369.11%.

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FAQ

What is a cryptocurrency calculator?

A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.

How does a cryptocurrency calculator work?

A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Phoenic and IQD.

How accurate is a cryptocurrency calculator?

Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Phoenic and IQD. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.

Can I trust the results of a cryptocurrency calculator?

While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.

Can I use a cryptocurrency calculator for tax purposes?

Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.

Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?

If you want to know the value of Phoenic in IQD, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
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.