US Dollar Exchange Rate Against Iraqi Dinar Sees Increased Activity
On Wednesday, the exchange rate of the US dollar against the Iraqi dinar experienced an upward trend in both Baghdad and Erbil, coinciding with the closure of the stock exchanges in these regions.
According to reports, the dollar’s price rose to 149,100 dinars for $100 at the close of the Al-Harithiya and main Baghdad stock exchanges. This marked an increase from the morning’s rate of 148,900 dinars for the same amount.
In the local banking sector of Baghdad, the selling prices remained stable. The sale price was recorded at 150,000 dinars for $100, while the purchase price stood at 148,000 dinars for the same amount.
Similarly, Erbil reflected comparable dollar rates, with the selling price listed at 148,900 dinars per $100 and the purchase price reported at 148,800 dinars for $100.
Exchange Rate Summary
| Location | Selling Price (per $100) | Purchase Price (per $100) |
|---|---|---|
| Baghdad | 150,000 Dinar | 148,000 Dinar |
| Erbil | 148,900 Dinar | 148,800 Dinar |
The fluctuation in the exchange rate illustrates the ongoing dynamics within the Iraqi currency market and reflects broader economic trends impacting both domestic and international trade.
