On Monday afternoon, exchange rates for the U.S. dollar increased against the Iraqi dinar across markets in Baghdad and Erbil, the capital of the Kurdistan Region, coinciding with the stock exchange’s closure.
According to market reports, the dollar price rose as it recorded 148,700 dinars for 100 dollars, compared to 147,700 dinars for the same amount earlier in the day.
In Baghdad, the selling prices in banking stores also saw an uptick, with the sale price reaching 149,750 dinars for 100 dollars, while the purchase price stood at 147,750 dinars for the same amount.
Erbil experienced a similar trend, with the selling price for the dollar at 148,300 dinars for 100 dollars, while buyers could purchase it at 148,200 dinars for the same amount.
| Location | Selling Price (per 100 USD) | Purchase Price (per 100 USD) |
|---|---|---|
| Baghdad | 149,750 IQD | 147,750 IQD |
| Erbil | 148,300 IQD | 148,200 IQD |
This rise in dollar prices reflects ongoing economic dynamics within the region, meriting close observation from financial analysts and stakeholders interested in Iraqi market trends.
