The deal with OANDA showing USD - $ (0.3109)

Here's a chat I had with an Oanda support person regarding why $(0.3109) is showing up in their FXLookup tool.

http://www.oanda.com/cgi/fxlookup/CurrencyInfo.pl

OANDA: Thank you for choosing OANDA. How may I help you?
Me: hello
Me: can you please tell me why there is a different rate being displayed for the IQD in your FXLookup tool?
Me: the converter and history rates do not show the same rate as the FXLookup tool
Me: if you look in the FXLookup tool under the column of 'Currency Regime', you'll see US-$(0.3109)
OANDA: One moment while I check
Me: the converter tool and the history rates show .00084 for the IQD
OANDA: The fxLookup tool under 'currency rate regime' doesn't show you the exchange rate, it shows you the type of monetary policy the currency follows (i.e. if they have a floating rate, pegged rate etc.). If you are looking for the most up to date market rate, use the currency converter tool.
OANDA: We can review the peg value there to see if it has changed recently (however, that is not a market current rate)
Me: what rate is the .3109 then?
OANDA: That is the pegged value the currency rate regime wants to follow to a major currency.
Me: then it is safe to assume that the IQD will be pegged to the USD right?
Me: if that is the case, the .3109 would then represent the value against the USD right?
OANDA: If the peg value is maintained, then that is the value the central bank will pay for USD etc. This doesn't mean that the market needs to follow that value if they speculate on the currency in other instruments. However, it appears that the peg value there may be outdated
OANDA: We'll review it to see if that's the case.
Me: any way to find out now?
OANDA: I'm not sure what you mean here.
Me: i just want to find out whether the .3109 is an old rate
OANDA: You can do research on the Iraqi central bank website if you want to see it. We'll update our website after our team has looked into the issue.
Me: thx