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base info NEM

NEM to Iraqi Dinar Converter and calculator

Convert 1NEM (XEM) to Iraqi Dinar (IQD) equals ع.د 34.83 | Bitget
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Last updated 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 NEM(XEM) to Iraqi Dinar(IQD). This is the real-time data. The current conversion shows 1 XEM at a value of 1 XEM for 34.83 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 NEM currency pair is the XEM to IQD, with for NEM's currency code being XEM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for IQD.

XEM to IQD conversion rate trend

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In the past 1D, NEM has changed -27.23% to IQD. Based on the trend and price charts, NEM(XEM) has changed -27.23% to IQD while Iraqi Dinar(IQD) has changed % to XEM in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ع.د34.74
0.0001% / 0.0004%vip-iconVIP
Binance
ع.د34.74
0.1000% / 0.1000%
Yes
OKX
ع.د34.7
0.080% / 0.100%
Yes
Huobi
ع.د35.22
0.1000% / 0.1000%
Yes
Gate.io
ع.د34.69
0.1000% / 0.1000%
Yes
Bybit
ع.د34.69
0.1000% / 0.1000%
Yes
KuCoin
ع.د34.6
0.1000% / 0.1000%
Yes
Last updated 2024/06/03 05:00:18(UTC+0)

How to buy NEM

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What factors influence the conversion rate of NEM to Iraqi Dinar?

NEM to Iraqi Dinar is falling this week.
NEM's current market price is ع.د 34.83 per XEM, with a total market cap of ع.د 313,499,511,388.94 IQD based on a circulating supply of 9,000,000,000 XEM. The trading volume of NEM has changed by +1114.67% (ع.د 37,009,107,871.02 IQD) in the last 24 hours. Last trading day, XEM's trading volume was ع.د 3,320,180,687.41.
Market cap
$239.47M
24h volume
$30.81M
Circulating supply
9.00B XEM

Conversion tables

The exchange rate of NEM is decreasing.
1 XEM is currently valued at ع.د 34.83 IQD , which means buying 5 XEM will cost ع.د 174.17 IQD . Similarly, ع.د1 IQD can be traded for 0.02871 XEM, and ع.د50 IQD can be converted to 1.44 XEM, excluding any platform or gas fees.
The exchange rate of 1 XEM to Iraqi Dinar has changed by -28.88% in the last 7 days. In the last 24 hours, the rate has fluctuated by -27.23%, reaching a high of 47.76 IQD and a low of 34.52 IQD . One month ago, the value of 1 XEM was ع.د 50.28 IQD , which represents a -30.80% change from its current value. Over the last year, NEM has changed by
-ع.د
8.79IQD
, resulting in a change of -20.22% in its value.

XEM to IQD

Amount
05:01 am today
0.5 XEM
ع.د17.42
1 XEM
ع.د34.83
5 XEM
ع.د174.17
10 XEM
ع.د348.33
50 XEM
ع.د1,741.66
100 XEM
ع.د3,483.33
500 XEM
ع.د17,416.64
1000 XEM
ع.د34,833.28

IQD to XEM

Amount05:01 am today
0.5IQD0.01435  XEM
1IQD0.02871  XEM
5IQD0.1435  XEM
10IQD0.2871  XEM
50IQD1.44  XEM
100IQD2.87  XEM
500IQD14.35  XEM
1000IQD28.71  XEM
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Today vs. 24 hours ago

Amount05:01 am today24 hours ago24h change
0.5 XEM$0.01330$0.01826
-27.23%
1 XEM$0.02661$0.03653
-27.23%
5 XEM$0.1330$0.1826
-27.23%
10 XEM$0.2661$0.3653
-27.23%
50 XEM$1.33$1.83
-27.23%
100 XEM$2.66$3.65
-27.23%
500 XEM$13.3$18.26
-27.23%
1000 XEM$26.61$36.53
-27.23%

Today vs. 1 month ago

Amount05:01 am today1 month ago1M change
0.5 XEM$0.01330$0.01920
-30.80%
1 XEM$0.02661$0.03841
-30.80%
5 XEM$0.1330$0.1920
-30.80%
10 XEM$0.2661$0.3841
-30.80%
50 XEM$1.33$1.92
-30.80%
100 XEM$2.66$3.84
-30.80%
500 XEM$13.3$19.2
-30.80%
1000 XEM$26.61$38.41
-30.80%
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Today vs. 1 year ago

Amount05:01 am today1 year ago1Y change
0.5 XEM$0.01330$0.01666
-20.22%
1 XEM$0.02661$0.03333
-20.22%
5 XEM$0.1330$0.1666
-20.22%
10 XEM$0.2661$0.3333
-20.22%
50 XEM$1.33$1.67
-20.22%
100 XEM$2.66$3.33
-20.22%
500 XEM$13.3$16.66
-20.22%
1000 XEM$26.61$33.33
-20.22%

NEM price prediction

What will the price of XEM be in 2025?

Based on XEM's historical price performance prediction model, the price of XEM is projected to reach $0.05468 in 2025.

What will the price of XEM be in 2030?

In 2030, the XEM price is expected to rise by -1.00%. By the end of 2030, the XEM price is projected to reach $0.05852, with a cumulative ROI of +119.92%.
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Buy NEM for 1 IQD
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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 NEM 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 NEM 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 NEM 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.

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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.