CommoditiesCurrencies

US Dollar Hits 149,500 Dinars: Baghdad Exchange Update

Current Exchange Rates for the US Dollar Against the Iraqi Dinar

The exchange rate of the US dollar continues to exhibit volatility against the Iraqi dinar in Baghdad’s foreign exchange markets.

As of recent data, the selling rate for the dollar stands at 149,500 dinars for every 100 dollars, while the purchasing price is noted at 147,500 dinars per 100 dollars.

This disparity between the official rates and the parallel market prices has led to stagnation in many local markets, which are significantly influenced by dollar fluctuations.

Currency Selling Rate (per 100 USD) Purchasing Rate (per 100 USD)
Iraqi Dinar 149,500 147,500

In light of the ongoing economic conditions, stakeholders are monitoring these trends closely as they navigate the challenges posed by the fluctuating currency values.

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