US Dollar Exchange Rates Decline in Baghdad and Erbil Markets
This morning, the exchange rates for the US dollar experienced a decline in both Baghdad and Erbil, the capital of the Kurdistan Region.
According to market data, the dollar’s value decreased across prominent stock exchanges such as Al-Harithiya, where the rate was recorded at 148,500 Iraqi dinars for every $100. This represents a drop from the previous rate of 148,850 dinars for $100 noted last Thursday morning.
In the banking sector within Baghdad, selling prices for the dollar also saw a reduction, with the sale price settling at 149,500 dinars per $100, while the purchase price was noted at 147,500 dinars per $100.
In Erbil, the dollar’s value followed a similar trend, with a selling price of 148,400 dinars per $100 and a purchasing price of 148,300 dinars per $100.
Summary of Exchange Rates:
| Location | Selling Price (per $100) | Purchasing Price (per $100) |
|---|---|---|
| Baghdad | 149,500 dinars | 147,500 dinars |
| Erbil | 148,400 dinars | 148,300 dinars |
This decline in dollar exchange rates highlights ongoing fluctuations in the currency market, with implications for both local businesses and consumer purchasing power.
