Currency Exchange Update: Dollar Strengthens Against Iraqi Dinar
The Iraqi currency exchange market observed a notable increase in dollar rates today, Thursday, January 30, 2025, as the week’s transactions concluded.
As reported, the selling price of the dollar reached 151,500 Iraqi dinars for every 100 dollars. Meanwhile, the purchasing price recorded at 149,500 dinars for the same amount, reflecting the closing figures from the Struggle and Al-Harithiya stock exchanges.
In Erbil, the trend mirrored that of Baghdad, with the dollar’s selling price established at 150,250 dinars per 100 dollars, and the purchasing price set at 150,150 dinars for 100 dollars.
It is important to note that the Central Bank of Iraq continues to offer the dollar at an official price of 1,320 dinars.
Transaction Type | Amount (100 USD) | Iraqi Dinar Price |
---|---|---|
Sale Price (Baghdad) | 100 | 151,500 |
Purchase Price (Baghdad) | 100 | 149,500 |
Sale Price (Erbil) | 100 | 150,250 |
Purchase Price (Erbil) | 100 | 150,150 |
Central Bank Official Rate | 100 | 1,320 |
This increase in dollar rates continues to shape the economic landscape in Iraq, influencing both consumer behavior and broader economic metrics.