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Dollar Rates Drop in Iraqi Markets: February 27, 2025 Update

Dollar Exchange Rates Analysis – Baghdad

On February 27, 2025, the dollar exchange rates against the Iraqi dinar experienced a minor decline across local markets.

In Baghdad’s banking sector, the selling price for $100 was reported at 149,500 Iraqi dinars, while the purchase price stood at 149,100 dinars for the same amount.

Further analysis of regional market dynamics revealed that Erbil recorded a selling price of 149,500 dinars for $100, with a purchase price of 148,850 dinars. In Basra, the figures varied slightly, with a selling price of 149,250 dinars and a purchasing price of 149,000 dinars for $100.

City Selling Price (per $100) Purchase Price (per $100)
Baghdad 149,500 149,100
Erbil 149,500 148,850
Basra 149,250 149,000

This update underscores the ongoing fluctuations in the exchange rates, reflecting broader economic trends impacting the Iraqi financial landscape.

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