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Easily convert IQD to KRW with ConvertOnline's efficient tool.
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 South Korean Won (KRW) is the official currency of South Korea, introduced in 1945 to replace the Korean yen. It is a fiat currency, meaning its value is not backed by physical commodities but rather by the government that issues it. The Won is used for all transactions within South Korea and is subdivided into 100 jeon, though the use of jeon is largely obsolete in everyday transactions.