Dollar Exchange Rates Decline Against Iraqi Dinar
On Monday afternoon, the exchange rates of the U.S. dollar against the Iraqi dinar experienced a decline in both Baghdad and Erbil, coinciding with the closure of the stock exchanges.
According to reports, the dollar’s value decreased with the conclusion of trading at both the Al-Harithiya and Al-Wijha exchanges, reaching 149,000 dinars for 100 dollars. This marks a change from this morning’s rates, which stood at 149,350 dinars for the same amount.
In Baghdad’s local banking sector, selling prices stabilized, with the sale price at 150,000 dinars for 100 dollars, while the purchase price registered at 148,000 dinars for the equivalent amount.
Erbil Market Update
Similarly, in Erbil, the dollar also saw a reduction in value, with the selling price hitting 149,050 dinars per 100 dollars, while the purchase price reflected a slightly lower rate of 148,950 dinars for $100.
| Location | Selling Price (Dinars) | Purchase Price (Dinars) |
|---|---|---|
| Baghdad | 150,000 | 148,000 |
| Erbil | 149,050 | 148,950 |
| Exchanges Close | 149,000 |
This fluctuation in exchange rates highlights ongoing trends in the currency market and its impact on local economies within Iraq’s regions.
