Currency Exchange Rates in Baghdad Experience Decline
Market Overview
Today, in Baghdad, the price of the US dollar has experienced a downward adjustment, coinciding with the closure of the local stock exchanges for the weekend.
Current Dollar Valuation
As of today, the dollar value decreased to 148,500 Iraqi dinars for every 100 US dollars. This marks a decline from the morning rate of 148,850 Iraqi dinars for the same amount.
Banking Sector Impact
The local banking market also reflected this reduction, with selling prices reaching 149,500 Iraqi dinars for 100 US dollars. In contrast, the purchase price is currently positioned at 147,500 Iraqi dinars for the same quantity of dollars.
| Transaction Type | Amount (IQD for 100 USD) |
|---|---|
| Selling Price | 149,500 |
| Buying Price | 147,500 |
This fluctuation in exchange rates highlights the dynamic nature of the currency market in Iraq, particularly as financial activities fluctuate with institutional closures.
