Dollar Exchange Rates Decline Against the Dinar in Iraq
Date: February 12, 2025
The dollar exchange rates against the Iraqi dinar experienced a notable decline on the evening of February 12, 2025, coinciding with the closure of local stock exchanges. This reduction reflects ongoing fluctuations within the currency markets.
As of this morning, the exchange rate in Baghdad was observed at 150,500 dinars for every one hundred dollars. The evening exchange rates were documented as follows:
| City | Exchange Rate (Dinars) |
|---|---|
| Baghdad | 150,250 |
| Erbil | 150,325 |
| Basra | 150,250 |
| Mosul | 150,450 |
It is important to note that the Central Bank of Iraq maintains an official selling rate for the dollar, currently set at 1,320 dinars. This established rate is indicative of the broader monetary policy and economic stability objectives pursued by the central bank.
