Rudaw Digital
The current exchange rate of the US dollar against the Iraqi Dinar stands at 147,600 Dinars for every 100 US Dollars.
The Central Bank of Iraq is actively working to enhance the value of the dinar by streamlining the sale of dollars through an electronic platform. This initiative comes amid a stable economic climate in Iraq, which, according to Haji Sabir Bawaji, a member of the Currency Council in Erbil, has contributed to the strengthening of the dinar.
As the dinar regains value, demand for the dollar has simultaneously declined. Haji Sabir notes that this decrease in demand is a crucial factor propelling the Iraqi dinar’s appreciation.
For comparative currencies, the exchange rate of the US dollar against the Iranian Rial reached 9.2 million Rials on Wednesday.
Additionally, the currency conversion for regional currencies highlights that one million Syrian liras equate to 165,000 dinars, and 3,600 Turkish liras are equivalent to 100 US dollars.
