Dollar Exchange Rates Show Decline Against Iraqi Dinar
On March 10, 2025, the exchange rate of the US dollar against the Iraqi dinar observed a significant decline in the local markets.
In Baghdad, the selling price at banking institutions reached 148,750 Iraqi dinars for every $100, while the purchasing rate stood at 148,250 dinars for the same amount.
In Erbil, the selling price was recorded at 148,550 dinars per $100, with a purchasing rate of 148,350 dinars. Meanwhile, in Basra, the selling price remained at 148,750 dinars, whereas the purchasing rate was slightly lower at 148,000 dinars for $100.
| Location | Selling Price (IQD) | Purchasing Price (IQD) |
|---|---|---|
| Baghdad | 148,750 | 148,250 |
| Erbil | 148,550 | 148,350 |
| Basra | 148,750 | 148,000 |
This recent trend of decreasing dollar exchange rates against the dinar highlights the evolving dynamics of Iraq’s currency market.
