Convert and Swap Tether USDT to Iraqi Dinar IQD
USDT/IQD: 1 Tether equals IQD 1,303.09 IQD
Last update: 2:22 AM, December 23, 2024
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Tether is falling this week.
The current price of Tether is IQD 1,303.09 per USDT. With a circulating supply of 139,848,269,931.163 USDT, it means that Tether has a total market cap of IQD 182,273,253,125,044.10. The amount of Tether traded has fallen by IQD 26,785,395,129,011 in the last 24 hours, which is a 17.53% decrease. Additionally, in the last day, IQD 152,758,551,188,983 worth of USDT has been traded.
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About Tether
Tether (USDT) is an Ethereum token that is pegged to the value of a U.S. dollar (also known as a stablecoin). Tether’s issuer claims that USDT is backed by bank reserves and loans which match or exceed the value of USDT in circulation. Important note: at this time, Coinbase only supports USDT on the Ethereum blockchain (ERC-20). Do not send USDT on any other blockchain to Coinbase.
Tether (USDT) is a digital currency platform that was launched in 2014 with the aim of facilitating the use of traditional fiat currencies in a digital format. It seeks to provide a more modern approach to money, disrupting the conventional financial system. Tether has made strides by enabling customers to transact with traditional currencies across the blockchain, without the typical volatility and complexity associated with digital currencies. Tether's USD₮ token is a digital dollar, powered by blockchain technology, and is pegged 1:1 to the USD. This stablecoin provides individuals and organizations with a robust and decentralized method of exchanging value while using a familiar accounting unit.
Tether operates as digital tokens built on several leading blockchains, including Algorand, Avalanche, Bitcoin Cash’s Simple Ledger Protocol (SLP), Ethereum, EOS, Liquid Network, Omni, Polygon, Tezos, Tron, Solana, Kava, and Statemine. These transport protocols consist of open-source software that interfaces with blockchains to allow for the issuance and redemption of Tether tokens. Every Tether token is backed 100% by Tether's reserves, and Tether publishes a record of the current reserve assets, maintaining transparency.
Tether's unique feature is that its value is guaranteed to remain pegged to the U.S. dollar. This property makes Tether a safe haven for crypto enthusiasts during periods of high volatility, as they can park their portfolios in Tether without having to completely cash out into USD. Additionally, Tether provides a simple way to transact a U.S. dollar equivalent between regions, countries, and even continents via blockchain, without having to rely on a slow and expensive intermediary, like a bank or a financial services provider.
Tether, initially known as Realcoin, was launched in 2014 by Brock Pierce, Reeve Collins, and Craig Sellars. Brock Pierce is a renowned entrepreneur who has co-founded several high-profile projects in the crypto and entertainment industries. Reeve Collins was the CEO of Tether for the first two years of its existence and has co-founded several successful companies. Craig Sellars has been a member of the Omni Foundation for over six years and has worked in several other cryptocurrency companies and organizations. Over the years, Tether has faced controversies regarding the validity of their USD reserves, at times disrupting USDT’s price. Despite these challenges, Tether has continued to grow and expand its operations.
How Tether and Iraqi Dinar differ
Tether (USDT) and the Iraqi Dinar (IQD) are both forms of currency, but they operate in vastly different realms and have unique characteristics. Tether, launched in 2014, is a digital currency that aims to incorporate the stability and familiarity of traditional fiat currencies into the digital world. It operates on several leading blockchains and each Tether token is backed 100% by Tether's reserves, providing a level of transparency. The value of Tether is pegged 1:1 to the USD, making it a stablecoin that offers a safe haven for those new to cryptocurrency during periods of high volatility. On the other hand, the Iraqi Dinar is the traditional fiat currency of Iraq, regulated by the Central Bank of Iraq. Unlike Tether, its value is not pegged to another currency and is subject to fluctuations based on economic factors. While Tether provides a modern approach to transacting with traditional currencies across the blockchain, the Iraqi Dinar operates within the conventional financial system.
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USDT to Iraqi Dinar conversion tables
The exchange rate of Tether is decreasing.
The current value of 1 USDT is IQD 1,303 IQD. In other words, to buy 5 Tether, it would cost you IQD 6,515 IQD. Inversely, IQD 1 IQD would allow you to trade for 0.000767 USDT while IQD 50 IQD would convert to 0.038370 USDT, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.04%. Meanwhile, in the last 24 hours, the rate has changed by 0.03%, and that the the highest exchange rate of 1 USDT to Iraqi Dinar was IQD 1,308.64 IQD and the lowest 24 hour value was 1 USDT for IQD 1,303.23 IQD. This time last month, the value of 1 USDT was IQD 1,312 IQD, which is a 0.19% increase from where it is now. Looking back a year, Tether has changed by IQD 1,311 IQD. That means that in a single year, the value of Tether has shrank by 0.14%.
USDT 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 1,306.41 IQD | -0.03% | IQD 1,307.22 IQD | -0.04% | IQD 1,311.90 IQD | -0.19% | IQD 1,311.12 IQD | -0.14% |
USDT to IQD
Amount | Today at 2:22 am |
|---|---|
0.5 USDT | IQD 651.55 |
1 USDT | IQD 1,303.09 |
5 USDT | IQD 6,515.47 |
10 USDT | IQD 13,030.93 |
50 USDT | IQD 65,154.66 |
100 USDT | IQD 130,309.32 |
500 USDT | IQD 651,546.60 |
1,000 USDT | IQD 1,303,093.20 |
IQD to USDT
Amount | Today at 2:22 am |
|---|---|
0.5 IQD | 0.000384 USDT |
1 IQD | 0.000767 USDT |
5 IQD | 0.0038 USDT |
10 IQD | 0.0077 USDT |
50 IQD | 0.0384 USDT |
100 IQD | 0.0767 USDT |
500 IQD | 0.38 USDT |
1,000 IQD | 0.77 USDT |
Today vs. 24 hours ago
Amount | Today at 2:22 am | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 USDT | IQD 651.55 | IQD 651.73 | -0.03% |
1 USDT | IQD 1,303.09 | IQD 1,303.46 | -0.03% |
5 USDT | IQD 6,515.47 | IQD 6,517.29 | -0.03% |
10 USDT | IQD 13,030.93 | IQD 13,034.58 | -0.03% |
50 USDT | IQD 65,154.66 | IQD 65,172.92 | -0.03% |
100 USDT | IQD 130,309.32 | IQD 130,345.84 | -0.03% |
500 USDT | IQD 651,546.60 | IQD 651,729.19 | -0.03% |
1,000 USDT | IQD 1,303,093.20 | IQD 1,303,458.39 | -0.03% |
Today vs. 1 month ago
Amount | Today at 2:22 am | 1 months ago | 1M Change |
|---|---|---|---|
0.5 USDT | IQD 651.55 | IQD 652.82 | -0.20% |
1 USDT | IQD 1,303.09 | IQD 1,305.64 | -0.20% |
5 USDT | IQD 6,515.47 | IQD 6,528.22 | -0.20% |
10 USDT | IQD 13,030.93 | IQD 13,056.43 | -0.20% |
50 USDT | IQD 65,154.66 | IQD 65,282.15 | -0.20% |
100 USDT | IQD 130,309.32 | IQD 130,564.30 | -0.20% |
500 USDT | IQD 651,546.60 | IQD 652,821.50 | -0.20% |
1,000 USDT | IQD 1,303,093.20 | IQD 1,305,643.00 | -0.20% |
Today vs. 1 year ago
Amount | Today at 2:22 am | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 USDT | IQD 651.55 | IQD 652.39 | -0.13% |
1 USDT | IQD 1,303.09 | IQD 1,304.78 | -0.13% |
5 USDT | IQD 6,515.47 | IQD 6,523.91 | -0.13% |
10 USDT | IQD 13,030.93 | IQD 13,047.82 | -0.13% |
50 USDT | IQD 65,154.66 | IQD 65,239.11 | -0.13% |
100 USDT | IQD 130,309.32 | IQD 130,478.22 | -0.13% |
500 USDT | IQD 651,546.60 | IQD 652,391.10 | -0.13% |
1,000 USDT | IQD 1,303,093.20 | IQD 1,304,782.20 | -0.13% |
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