Dollar Exchange Rates Surge in Baghdad and Erbil Markets
On Sunday afternoon, the exchange rates of the US dollar against the Iraqi dinar experienced a notable increase in both Baghdad and Erbil, coinciding with the closure of local stock exchanges.
According to market observations, the dollar’s value rose with the closing of the Al-Harithiya and Struggle stock exchanges, reaching 148,650 dinars for 100 dollars. This represents an increase from the earlier rate of 148,400 dinars per 100 dollars recorded that morning.
In Baghdad, the selling prices at banking outlets also saw an increase, with the sale price climbing to 149,750 dinars per 100 dollars, while the buying price settled at 147,750 dinars per 100 dollars.
Meanwhile, in Erbil, the dollar recorded a similar upward trend, with the selling price reaching 148,400 dinars per 100 dollars, and the purchasing price registering at 148,300 dinars per 100 dollars.
| Location | Selling Price (per 100 USD) | Buying Price (per 100 USD) |
|---|---|---|
| Baghdad | 149,750 dinars | 147,750 dinars |
| Erbil | 148,400 dinars | 148,300 dinars |
This uptick in dollar exchange rates signals a dynamic adjustment in currency values as market variables continue to fluctuate.
