Cryptocurrency Q&A
Do banks exchange Iraqi dinar?
Do banks exchange Iraqi dinar?
DavidJohnson
Sun Nov 17 2024
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6 answers
1065
I am wondering if banks provide the service of exchanging Iraqi dinar. I would like to know if they accept this currency and if there are any specific procedures or requirements for making such an exchange.
6 answers
JessicaMiller
Tue Nov 19 2024
Trading of the IQD/USD pair is not facilitated by major banks and brokers.
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Nicola
Tue Nov 19 2024
Its value is determined and regulated by the Iraqi government.
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Silvia
Tue Nov 19 2024
Instead, transactions involving this currency pair are conducted through money exchanges.
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Martina
Tue Nov 19 2024
These exchanges charge significant fees for facilitating such transactions.
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MysticGalaxy
Tue Nov 19 2024
The Iraqi dinar is the official currency of Iraq.
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