Convert and Swap Bitcoin BTC to Iraqi Dinar IQD
BTC/IQD: 1 Bitcoin equals IQD 126,815,992.32 IQD
Last update: 1:15 PM, January 15, 2025
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Bitcoin is climbing this week.
The current price of Bitcoin is IQD 126,815,992.32 per BTC. With a circulating supply of 19,810,484 BTC, it means that Bitcoin has a total market cap of IQD 2,514,974,471,465,385.50. The amount of Bitcoin traded has fallen by IQD 15,040,879,003,342 in the last 24 hours, which is a 22.82% decrease. Additionally, in the last day, IQD 65,920,314,975,960 worth of BTC has been traded.
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About Bitcoin
The world’s first cryptocurrency, Bitcoin is stored and exchanged securely on the internet through a digital ledger known as a blockchain. Bitcoins are divisible into smaller units known as satoshis — each satoshi is worth 0.00000001 bitcoin.
Bitcoin (BTC) is a decentralized cryptocurrency that was first described in a 2008 whitepaper by an individual or group of individuals using the pseudonym Satoshi Nakamoto. Launched in January 2009, Bitcoin is a peer-to-peer online currency that enables transactions to occur directly between equal, independent network participants without the need for an intermediary. Bitcoin was created with the intention of allowing online payments to be sent directly from one party to another without going through a financial institution. Bitcoin is the first-ever cryptocurrency to come into actual use and has inspired the development of thousands of competing projects. The entire cryptocurrency market, now worth more than $2 trillion, is based on the idea realized by Bitcoin: money that can be sent and received by anyone, anywhere in the world without reliance on trusted intermediaries, such as banks and financial services companies.
Bitcoin operates on a technology known as blockchain, a decentralized ledger of all transactions that is used to record transactions across many computers so that any involved record cannot be altered retroactively, without the alteration of all subsequent blocks. Bitcoin transactions are verified by network nodes through cryptography and recorded on the blockchain. Bitcoin mining, the process by which new bitcoins are entered into circulation, involves solving computationally difficult puzzles to discover a new block, which is added to the blockchain. The supply of Bitcoin is limited and will never exceed 21,000,000 coins. New coins are created during the process known as mining, where transactions are added to blocks, which are in turn added to the blockchain.
Bitcoin's most unique advantage is that it was the first cryptocurrency to appear on the market. It has managed to create a global community and has given birth to an entirely new industry of millions of enthusiasts who create, invest in, trade, and use Bitcoin and other cryptocurrencies in their everyday lives. Bitcoin's primary use case is as a decentralized store of value. In other words, it provides for ownership rights as a physical asset or as a unit of account. Bitcoin also aims to be a medium of exchange for goods and services, although it is currently used more for the former than the latter.
Bitcoin's original inventor is known under a pseudonym, Satoshi Nakamoto. As of 2021, the true identity of the person — or organization — that is behind the alias remains unknown. On October 31, 2008, Nakamoto published Bitcoin’s whitepaper, which described in detail how a peer-to-peer, online currency could be implemented. Just two months later, on January 3, 2009, Nakamoto mined the first block on the Bitcoin network, known as the genesis block, thus launching the world’s first cryptocurrency. The first known Bitcoin commercial transaction occurred on May 22, 2010, when programmer Laszlo Hanyecz traded 10,000 Bitcoins for two pizzas. This event is now known as “Bitcoin Pizza Day.” Over the years a large number of people have contributed to improving the cryptocurrency’s software by patching vulnerabilities and adding new features. Bitcoin’s source code repository on GitHub lists more than 750 contributors.
How Bitcoin and Iraqi Dinar differ
Bitcoin, a decentralized cryptocurrency, and the Iraqi Dinar, the official currency of Iraq, are fundamentally different in their nature, operation, and use. Bitcoin, introduced in 2009 by an anonymous entity known as Satoshi Nakamoto, operates on a technology called blockchain, a decentralized ledger that records all transactions across multiple computers. This digital currency aims to enable peer-to-peer transactions without the need for intermediaries, such as banks or financial services companies. Bitcoin's supply is finite, capped at 21 million coins, and new coins are introduced into the system through a process known as mining. On the other hand, the Iraqi Dinar is a traditional fiat currency, issued and regulated by the Central Bank of Iraq. Unlike Bitcoin, its supply is not limited and can be adjusted based on economic conditions. The Dinar's value is determined by factors such as inflation, political stability, and the country's economic performance. While Bitcoin strives to be a medium of exchange for goods and services, it is primarily used as a decentralized store of value. Conversely, the Iraqi Dinar is widely used for everyday transactions within Iraq.
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BTC to Iraqi Dinar conversion tables
The exchange rate of Bitcoin is increasing.
The current value of 1 BTC is IQD 126,815,992 IQD. In other words, to buy 5 Bitcoin, it would cost you IQD 634,079,962 IQD. Inversely, IQD 1 IQD would allow you to trade for 0.0000000079 BTC while IQD 50 IQD would convert to 0.0000003943 BTC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 1.43%. Meanwhile, in the last 24 hours, the rate has changed by 1.02%, which means that the the highest exchange rate of 1 BTC to Iraqi Dinar was IQD 127,971,483.05 IQD and the lowest 24 hour value was 1 BTC for IQD 124,991,084.33 IQD. This time last month, the value of 1 BTC was IQD 134,448,649 IQD, which is a 5.87% increase from where it is now. Looking back a year, Bitcoin has changed by IQD 55,601,735 IQD.
BTC to IQD performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
IQD 125,849,522.47 IQD | 1.02% | IQD 125,259,937.84 IQD | 1.43% | IQD 134,448,648.76 IQD | -5.87% | IQD 55,601,735.22 IQD | 127.24% |
BTC to IQD
Amount | Today at 1:15 pm |
|---|---|
0.5 BTC | IQD 63,407,996.16 |
1 BTC | IQD 126,815,992.32 |
5 BTC | IQD 634,079,961.61 |
10 BTC | IQD 1,268,159,923.21 |
50 BTC | IQD 6,340,799,616.05 |
100 BTC | IQD 12,681,599,232.10 |
500 BTC | IQD 63,407,996,160.50 |
1,000 BTC | IQD 126,815,992,321.00 |
IQD to BTC
Amount | Today at 1:15 pm |
|---|---|
0.5 IQD | 0.0000000039 BTC |
1 IQD | 0.0000000079 BTC |
5 IQD | 0.00000004 BTC |
10 IQD | 0.00000008 BTC |
50 IQD | 0.00000039 BTC |
100 IQD | 0.00000079 BTC |
500 IQD | 0.00000394 BTC |
1,000 IQD | 0.00000789 BTC |
Today vs. 24 hours ago
Amount | Today at 1:15 pm | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 BTC | IQD 63,407,996.16 | IQD 62,716,172.89 | +1.10% |
1 BTC | IQD 126,815,992.32 | IQD 125,432,345.79 | +1.10% |
5 BTC | IQD 634,079,961.61 | IQD 627,161,728.94 | +1.10% |
10 BTC | IQD 1,268,159,923.21 | IQD 1,254,323,457.87 | +1.10% |
50 BTC | IQD 6,340,799,616.05 | IQD 6,271,617,289.36 | +1.10% |
100 BTC | IQD 12,681,599,232.10 | IQD 12,543,234,578.72 | +1.10% |
500 BTC | IQD 63,407,996,160.50 | IQD 62,716,172,893.60 | +1.10% |
1,000 BTC | IQD 126,815,992,321.00 | IQD 125,432,345,787.20 | +1.10% |
Today vs. 1 month ago
Amount | Today at 1:15 pm | 1 months ago | 1M Change |
|---|---|---|---|
0.5 BTC | IQD 63,407,996.16 | IQD 67,192,382.50 | -5.63% |
1 BTC | IQD 126,815,992.32 | IQD 134,384,764.99 | -5.63% |
5 BTC | IQD 634,079,961.61 | IQD 671,923,824.97 | -5.63% |
10 BTC | IQD 1,268,159,923.21 | IQD 1,343,847,649.94 | -5.63% |
50 BTC | IQD 6,340,799,616.05 | IQD 6,719,238,249.68 | -5.63% |
100 BTC | IQD 12,681,599,232.10 | IQD 13,438,476,499.35 | -5.63% |
500 BTC | IQD 63,407,996,160.50 | IQD 67,192,382,496.75 | -5.63% |
1,000 BTC | IQD 126,815,992,321.00 | IQD 134,384,764,993.50 | -5.63% |
Today vs. 1 year ago
Amount | Today at 1:15 pm | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 BTC | IQD 63,407,996.16 | IQD 27,780,497.35 | +128.25% |
1 BTC | IQD 126,815,992.32 | IQD 55,560,994.70 | +128.25% |
5 BTC | IQD 634,079,961.61 | IQD 277,804,973.48 | +128.25% |
10 BTC | IQD 1,268,159,923.21 | IQD 555,609,946.96 | +128.25% |
50 BTC | IQD 6,340,799,616.05 | IQD 2,778,049,734.78 | +128.25% |
100 BTC | IQD 12,681,599,232.10 | IQD 5,556,099,469.57 | +128.25% |
500 BTC | IQD 63,407,996,160.50 | IQD 27,780,497,347.84 | +128.25% |
1,000 BTC | IQD 126,815,992,321.00 | IQD 55,560,994,695.69 | +128.25% |
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