Convert from IQD to MNT
Get accurate currency conversions with real-time exchange rates. Monitor and convert between 140+ global currencies instantly.
Quick Conversion Guide
Get instant conversions for common amounts between USD and EUR. Hover over any amount to see detailed information.
USD
EUR
EUR
USD
Understanding the World's Financial Pulse
The foreign exchange market is a global decentralized network where trillions of dollars change hands daily. It's the largest and most liquid financial market in the world, operating 24 hours a day, five days a week.
Each currency tells a unique story of its nation's economic health, political stability, and global influence. From the mighty US Dollar to the emerging market currencies, these financial instruments shape international trade, investment flows, and the daily lives of billions.
Currency Pair Heatmap
Track currency strength and weakness across major pairs. Green indicates appreciation while red shows depreciation. The percentage change is measured from 5 PM IST yesterday to now.
| USD |  GBP |  AUD |  CHF |  JPY |  CNY |  INR |  CAD | EUR | |
|---|---|---|---|---|---|---|---|---|---|
| USD | 0.000 % | -0.083 % | + 0.116 % | -0.233 % | -0.363 % | + 0.072 % | -0.090 % | -0.005 % | -0.126 % |
| GBP | -0.083 % | 0.000 % | -1.400 % | + 2.829 % | + 4.404 % | -0.872 % | + 1.095 % | + 0.059 % | + 1.525 % |
| AUD | + 0.116 % | -0.714 % | 0.000 % | -2.020 % | -3.145 % | + 0.622 % | -0.782 % | -0.042 % | -1.089 % |
| CHF | -0.233 % | + 0.353 % | -0.495 % | 0.000 % | + 1.557 % | -0.308 % | + 0.387 % | + 0.021 % | + 0.539 % |
| JPY | -0.363 % | + 0.227 % | -0.318 % | + 0.642 % | 0.000 % | -0.198 % | + 0.249 % | + 0.013 % | + 0.346 % |
| CNY | + 0.072 % | -1.147 % | + 1.607 % | -3.246 % | -5.053 % | 0.000 % | -1.256 % | -0.068 % | -1.750 % |
| INR | -0.090 % | + 0.913 % | -1.279 % | + 2.584 % | + 4.022 % | -0.796 % | 0.000 % | + 0.054 % | + 1.393 % |
| CAD | -0.005 % | + 16.889 % | -23.651 % | + 47.782 % | + 74.379 % | -14.719 % | + 18.493 % | 0.000 % | + 25.757 % |
| EUR | -0.126 % | + 0.656 % | -0.918 % | + 1.855 % | + 2.888 % | -0.571 % | + 0.718 % | + 0.039 % | 0.000 % |
Currency News & Analysis
Iraq's neutrality tested as Iran-Israel tensions mount - Shafaq News
Iraq's democratic malaise: Challenges mount ahead of 2025 Elections - Shafaq News
Unreal contrast: Mount Sakran’s snow vs. Iraq’s burning cities - Shafaq News
Half of Israelis deny Gaza famine as global protests mount - Shafaq News
Mount Shingal IDPs: No Aids, no Compensation!
Israel’s Rising Lion: Mideast airspace closures mount - Shafaq News
Profile: Protect Goizha Mountain An Environmental Group to Protect a Mountain Has Bigger Dreams
Syria’s wildfires spread: Injuries mount as northeast joins firefighting effort - Shafaq News
Iran Showdown: Israel ready, Escalation signs mount - Shafaq News
Netanyahu discusses dual objectives in region as Gaza casualties mount - Shafaq News
Frequently Asked Questions
Get answers to common questions about currency exchange and trading
What factors influence exchange rates?
Exchange rates are influenced by multiple factors including interest rates, inflation, political stability, economic performance, government debt, and terms of trade. Central bank decisions and geopolitical events can also have significant impacts on currency values.
What is the spread in currency trading?
The spread is the difference between the buying (ask) and selling (bid) price of a currency pair. It represents the cost of trading and is how many brokers make their money. Typically, more liquid currency pairs have lower spreads.
When is the forex market open?
The forex market is open 24 hours a day, five days a week. Trading begins in Sydney, then moves to Tokyo, London, and New York. The most active trading periods are when multiple major markets overlap.
What is leverage in forex trading?
Leverage allows traders to control a large position with a small amount of capital. For example, 50:1 leverage means you can control $50,000 with $1,000. While leverage can amplify profits, it also increases potential losses.
How do I read currency pairs?
Currency pairs show how much of the quote currency (second currency) is needed to purchase one unit of the base currency (first currency). For example, in EUR/USD, EUR is the base currency and USD is the quote currency.
What is technical analysis?
Technical analysis involves studying price charts and using statistical indicators to determine future currency movements. Common tools include moving averages, relative strength index (RSI), and Fibonacci retracements.