Currency Exchange Update: Dollar Dips in Iraq
On Thursday, February 13, 2025, the dollar exchange rates in Baghdad experienced a modest decline, particularly noted in the Borsti and Cherafat currency markets.
As observed in Baghdad stock exchanges, the dollar now trades at 150,250 Iraqi dinars for every 100 US dollars. This marks a slight decrease in the previous trading values.
In local Baghdad markets, the selling price for the dollar has dropped to 151,250 dinars per 100 dollars, while the purchasing rate stands at 149,250 dinars for the same amount.
Meanwhile, in Erbil, the exchange rates remain slightly different with the selling price recorded at 150,200 dinars per 100 dollars, and the purchase price at 150,100 dinars for each 100 dollars.
| Market | Selling Price (per 100 USD) | Purchasing Price (per 100 USD) |
|---|---|---|
| Baghdad | 151,250 | 149,250 |
| Erbil | 150,200 | 150,100 |
This fluctuation in the exchange rates underlines the dynamic nature of currency trading in Iraq and serves as a barometer for the local economic environment.
