dinar


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Related to dinar: Iraqi dinar

dinar

1. the standard monetary unit of the following countries or territories. Algeria: divided into 100 centimes. Bahrain: divided into 1000 fils. Iraq: divided into 1000 fils. Jordan: divided into 1000 fils. Kuwait: divided into 1000 fils. Libya: divided into 1000 dirhams. Serbia: divided into 100 paras (formerly the standard monetary unit of Yugoslavia). Sudan, Tunisia: divided into 1000 millimes.
2. a monetary unit of the United Arab Emirates worth one tenth of a dirham
3. a coin, esp one of gold, formerly used in the Middle East

Dinar

 

(1) The Arab dinar, the most widespread gold coin of the past in countries of the Muslim East; it first began to be minted in the seventh century A.D. and contained about 2.4 g of gold.

(2) A monetary unit of Jordan, equal to 1,000 fils. Introduced in July 1950. Gold content equals 2.48828 g of pure gold. Its par exchange value with the US dollar as of Jan. 1, 1971, was 0.357143, and with the pound sterling it was 0.857143.

(3) A monetary unit of Iraq, equal to 1,000 fils. Introduced in April 1932. Gold content equals 2.48828 g of pure gold. Its par exchange value with the US dollar as of Jan. 1, 1971, was 0.357143, and with the pound sterling it was 0.857143. The exchange rate set by the Gosbank (State Bank) of the USSR as of Jan. 1, 1972, was 2.52 rubles for 1 Iraqi dinar.

(4) A change coin of Iran, equal to 1/100 of a rial.

(5) A monetary unit of Yugoslavia, equal to 100 paras. The gold content of the dinar (new) is 0.0481478 g of pure gold. The exchange rate of Gosbank as of Jan. 1, 1972, was 4.88 rubles for 100 dinars.

(6) A monetary unit of Tunisia, equal to 1,000 millimes. Introduced in November 1958. It has a gold content of 1.69271 g of pure gold. The exchange rate of Gosbank as of Jan. 1, 1972, was 1 dinar for 1.71 rubles.

(7) A monetary unit of Kuwait. Introduced in April 1961 as a replacement for the Indian rupee. One Kuwaiti dinar is equal to 10 dirhams or 1,000 fils. Its gold content is 2.48828 g of pure gold. Its par exchange value with the US dollar as of Jan. 1, 1971, was 0.357143.

References in periodicals archive ?
The dinar, worth just a tenth of one US cent, is experiencing additional downward pressure as a result of international economic sanctions imposed on neighboring Iran and Syria.
Dinar Trade continues to offer full purchase by the popular COD option, as well as wire transfer, or mail in payment.
While thousands of US Servicemen, and contractors in Iraq purchased paper dinars in anticipation of what appears to be an impending revaluation, they may have overlooked the fact that [the] Iraqi currency is a national currency only to be used and handled within the Republic of Iraq and not to be used, circulated, or handled internationally in any way," a press statement from the bank said.
8 million dinars compared to 196 million dinars last year.
The improvement and expansion are expected to be reflected in the underlying currency, creating instant profits for the dinar speculator.
COThe Central Bank of Kuwait recently reverted to the normal process of providing banks in Kuwait with the facility of covering Kuwaiti dinar positions developed as a result of customer foreign exchange transactions at the prevailing declared US dollar-Kuwaiti dinar exchange rate, said a central bank statement.
Since Iraq has the largest natural gas reserve in the world and is the 2nd largest proven oil reserves in the world, with over 100,000,000,000 barrels of oil, the company feels that the Dinar reaching 1 Dinar per US dollar is feasible.
As the dollar strengthens on global markets, investors expect Kuwait's central bank - which tracks the dinar against a basket of currencies comprised mainly of dollars - to allow the currency to fall.
Summary: After meeting with President Zine El Abidine Ben Ali on Wednesday, Mr Taoufik Baccar Governor of Tunisia's Central Bank (BCT) announced the launch of a new 50 dinar banknote.
We're confident to reach that goal," Kipco spokesman Rob Hipkins said when asked about the firm's 105m to 110m dinar profit forecast for this year unveiled in March.
3 billion dinar budget for the 2010/11 fiscal year, forecasting a deficit of 7.