Dollar Exchange Rates in Baghdad and Erbil Experience Minor Increases
Recent market activity in the Iraqi capital of Baghdad and in Erbil, the capital of the Kurdistan Region, reflected a slight uptick in the dollar exchange rates as stock exchanges concluded their trading on Wednesday evening.
In Baghdad, the Al-Harithiya and Al-Suq stock exchanges reported a closing rate of 147,900 Iraqi dinars for 100 US dollars, marking an increase from the morning’s rate of 147,800 dinars.
In the local banking sector, the exchange rate remained stable, with clear valuations at 149,000 dinars for selling 100 US dollars, while the purchase rate stood at 147,000 dinars.
Similarly, in Erbil, the dollar’s value saw an increment, reaching a selling price of 147,800 dinars for 100 dollars, while the purchase price remained unchanged at 147,700 dinars.
| Location | Selling Price (per 100 USD) | Purchase Price (per 100 USD) |
|---|---|---|
| Baghdad | 147,900 Dinars | 147,000 Dinars |
| Erbil | 147,800 Dinars | 147,700 Dinars |
This emblematic stability in the exchange rates highlights the ongoing dynamics within the Iraqi financial landscape, offering insights into the economic conditions affecting both the capital and the Kurdistan Region.
