Convert Iraqi Dinar to Singapore Dollar
Convert Iraqi Dinar (IQD) to Singapore Dollar (SGD) using daily updated exchange rates.
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Exchange Rate
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About Iraqi Dinar
The Iraqi Dinar (IQD) is the official currency of Iraq, one of the world's largest oil producers with reserves comparable to Saudi Arabia's. The dinar was introduced in 1932, replacing the Indian rupee. The Central Bank of Iraq manages monetary policy with a quasi-peg to the US Dollar. The dinar underwent a reissue in 2003 following the fall of Saddam Hussein's government, replacing both the "Swiss" dinar used in Kurdistan and the Saddam-era dinar at various exchange rates.
About Singapore Dollar
The Singapore Dollar (SGD) is the official currency of Singapore and is interchangeable at par with the Brunei Dollar (BND) by a 1967 Currency Interchangeability Agreement. The Monetary Authority of Singapore (MAS) manages monetary policy uniquely through the exchange rate - adjusting the Singapore Dollar against a basket of trading partner currencies - rather than through interest rates, because of Singapore's small open economy. Singapore is a global financial centre, the world's busiest container port, and one of the wealthiest nations by per capita income.
Quick Reference Table
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).