Dollar Exchange Rates Decrease Against the Iraqi Dinar
As of March 10, 2025, the exchange rates for the dollar against the Iraqi dinar have significantly declined in local markets.
In Baghdad, banking outlets reported that the selling price for $100 is now set at 148,750 dinars, while the purchase price stands at 148,250 dinars. Similarly, in Erbil, the selling price for $100 is recorded at 148,550 dinars, with a purchase rate of 148,350 dinars. In Basra, the selling and purchase prices are noted at 148,750 and 148,000 dinars for $100, respectively.
This decrease follows a noteworthy increase observed the previous evening, where, on Sunday, the exchange rate for $100 was reported at 149,750 dinars for selling and 147,750 dinars for purchasing.
Summary of Exchange Rates
| Location | Selling Price (per $100) | Purchase Price (per $100) |
|---|---|---|
| Baghdad | 148,750 dinars | 148,250 dinars |
| Erbil | 148,550 dinars | 148,350 dinars |
| Basra | 148,750 dinars | 148,000 dinars |
This fluctuation in exchange rates reflects ongoing economic dynamics in the region, highlighting the importance of monitoring currency values for financial planning and market strategy.
