Aerospace & DefenseCurrencies

US Dollar Exchange Rates Plummet in Baghdad and Erbil: A Market Update

2025-01-28t07:29:06+00:00

On January 28, 2025, the exchange rates for the US dollar experienced a decline in the Baghdad markets and in Erbil, the capital of the Kurdistan Region.

According to local market reports, the dollar price fell on the stock exchanges of Al-Shaab and Al-Harithiya, settling at 150,350 Iraqi dinars for $100, down from 150,900 dinars recorded the previous day.

In Baghdad’s local markets, the selling rate in banking outlets also saw a decrease, with the sale price reaching 151,500 Iraqi dinars for $100, while the purchase rate was noted at 149,500 dinars for $100.

In Erbil, the dollar maintained its downward trend, with the sale price recorded at 150,300 dinars per $100 and the purchase price at 150,200 dinars for $100.

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