CurrenciesData

Dinar Strengthens: Dollar Rates Drop in Baghdad and Erbil

The US dollar exchange rates have experienced a decline against the Iraqi dinar as of Monday morning, reflecting significant movements in the currency markets of Baghdad and Erbil, the capital of the Kurdistan Region.

According to market data, the price of the dollar decreased on the Es-Suq and Al-Harithiya stock exchanges, settling at 14,350 dinars for each 100 dollars. In contrast, this figure stood at 149,900 dinars for 100 dollars just the previous day.

Furthermore, in local banking exchanges within Baghdad, the selling rates have also seen a reduction. The current sale price is now 150,500 Iraqi dinars for 100 dollars, while the corresponding purchase price is 148,500 dinars for the same amount.

Similarly, in Erbil, the dollar continues to show decreased rates, with both the sale and purchase price recorded at 149,200 dinars per 100 dollars.

Market Sale Price (IQD per $100) Purchase Price (IQD per $100)
Baghdad – Es-Suq & Al-Harithiya 150,500 148,500
Erbil 149,200 149,200
Shares: