iraqi dinar

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Definitions from WordNet

Noun iraqi dinar has 1 sense

Iraqi dinar, dinar - the basic unit of money in Iraq; equal to 1,000 fils
--₁ is a kind of Iraqi monetary unit
--₁ has parts: fils

Definitions from the Web

Term: Iraqi Dinar

Description:

The Iraqi dinar is the official currency of Iraq. It is issued and regulated by the Central Bank of Iraq. The dinar is represented by the currency code IQD and is subdivided into 1,000 fils.

Senses/Usages:

Sense 1 - Currency:

As a currency, the Iraqi dinar is used for various monetary transactions within Iraq.

Sample Sentence:

"I need to exchange my US dollars for Iraqi dinars before traveling to Iraq."

Sense 2 - Investment:

Outside of Iraq, the Iraqi dinar has become a topic of speculation and investment due to potential revaluation.

Sample Sentence:

"Some people believe that investing in Iraqi dinars might generate substantial returns in the future."

Sense 3 - Local Currency:

The Iraqi dinar serves as the primary means of transaction and payment for goods and services within Iraq.

Sample Sentence:

"Most local businesses in Iraq only accept the Iraqi dinar as a form of payment."