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Dollar Rates Dip in Baghdad, Hold Steady in Erbil Markets

US Dollar Exchange Rates in Iraq – Current Trends

On Thursday, the exchange rates for the US dollar against the Iraqi dinar observed slight fluctuations in the Baghdad markets, while remaining stable in Erbil, the capital of the Kurdistan Region.

Market Insights

According to reports, the price of the dollar saw a decline on the primary Al-Harithiya stock exchange in Baghdad, where it recorded 148,850 dinars for 100 dollars. This figure represents a decrease from the previous day, when the exchange rate was 148,900 dinars for 100 dollars.

In the local banking sector in Baghdad, the selling price remained steady at 150,000 dinars for 100 dollars, while the purchasing price settled at 148,000 dinars for the same amount.

Erbil Market Stability

In Erbil, the dollar exchange rate remained unchanged, with a selling price of 148,800 dinars per 100 dollars and a purchasing price of 148,700 dinars for the same amount.

Summary of Exchange Rates

Location Selling Price (per 100 USD) Purchasing Price (per 100 USD)
Baghdad 150,000 148,000
Erbil 148,800 148,700

This ongoing trend in exchange rates reflects the dynamics of the currency market in Iraq, indicating potential areas for analysis in economic performance and monetary strategy.

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