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The Iraqi Dinar (IQD) is the official currency of Iraq, used for all forms of monetary transactions within the country. It is subdivided into 1,000 fils and is issued by the Central Bank of Iraq, which manages the country's monetary policy and regulates the currency's supply.
The Australian Dollar (AUD) is the official currency of Australia, as well as several of its territories and Pacific Island nations. It is abbreviated as AUD and is commonly represented by the symbol '$' or 'A$' to distinguish it from other dollar-denominated currencies. As one of the most traded currencies in the world, the Australian Dollar is a key player in the global financial market, influenced by factors such as commodity prices and economic indicators.