Dollar Exchange Rates Show Decline Against Iraqi Dinar
On Sunday morning, the US dollar experienced a decline in exchange rates relative to the Iraqi dinar across the markets of Baghdad and Erbil, the capital city of the Kurdistan region.
According to current market data, the dollar’s value decreased on both the Al-Jadriya and Al-Harithiya stock exchanges, with the rate now at 147,800 dinars for 100 dollars, down from 148,500 dinars as recorded the previous day.
Additionally, reports indicate that the selling prices in local banking establishments within Baghdad have also fallen. The sale price now stands at 148,750 dinars for 100 dollars, while the purchasing rate is recorded at 146,750 dinars for the same amount.
In Erbil, the dollar’s value similarly dipped, marked by a selling price of 147,900 dinars per 100 dollars and a purchasing rate of 147,800 dinars for 100 dollars.
Summary of Dollar Exchange Rates
| Market | Selling Price (IQD) per 100 USD | Purchasing Price (IQD) per 100 USD |
|---|---|---|
| Baghdad | 148,750 | 146,750 |
| Erbil | 147,900 | 147,800 |
| Stock Exchanges | 147,800 | – |
This trend reflects ongoing fluctuations in the currency market, which plays a significant role in Iraq’s economic landscape. As these rates continue to adjust, they will undoubtedly affect various sectors within the economy.
