On Thursday afternoon, the value of the dollar experienced an increase against the Iraqi dinar in the markets of Baghdad, while remaining stable in Erbil, the capital of the Kurdistan Region, coinciding with the closure of local stock exchanges.
As reported, the dollar reached a value of 150,300 dinars for 100 dollars following the closure of the struggle and Al-Harithiya stock exchanges. This marks a slight increase from the earlier trading session where the price was recorded at 150,250 dinars for the same amount.
In the banking sector within Baghdad, the selling rates remained consistent, with the sale price recorded at 151,250 dinars for 100 dollars, while purchases were made at a rate of 149,250 dinars per 100 dollars.
In contrast, the currency exchange rates in Erbil exhibited stability, maintaining a selling price of 150,200 dinars for 100 dollars and a purchasing price of 150,100 dinars per 100 US dollars.
| Location | Sale Price (per 100 USD) | Purchase Price (per 100 USD) |
|---|---|---|
| Baghdad | 151,250 Dinar | 149,250 Dinar |
| Erbil | 150,200 Dinar | 150,100 Dinar |
| Overall Exchange Rate | 150,300 Dinar | 150,250 Dinar |
The fluctuations in the value of the dollar demonstrate ongoing dynamics in the Iraqi economy, reflecting the interplay between local currency values and market conditions. Stakeholders are advised to stay informed about exchange rate trends as they may impact broader economic activities.
