Stability of the US Dollar Against the Iraqi Dinar
On Monday, the US dollar maintained a stable position against the Iraqi dinar, particularly in Agda and Erbil, following the closure of the stock exchanges.
According to local economic sources, dollar prices remained unchanged at the closure of the main Al-Harithiya and Baghdad Stock Exchanges, with the rate recorded at 150,300 dinars for every $100—a figure consistent with morning rates.
Price Dynamics in Baghdad
In Baghdad’s banking markets, selling prices reported stabilization as well, with the sale price pegged at 150,250 dinars for $100. Conversely, the purchase price was noted at 149,250 dinars for the same amount.
Market Update in Erbil
Erbil reflected similar stability in dollar pricing, with the selling price reaching 150,300 dinars per $100 and the purchase price slightly lower at 150,200 dinars for the same dollar amount.
Summary of Current Dollar Rates
| Location | Selling Price (per $100) | Purchase Price (per $100) |
|---|---|---|
| Baghdad | 150,250 dinars | 149,250 dinars |
| Erbil | 150,300 dinars | 150,200 dinars |
This consistent pricing underscores the relative stability in currency exchange rates, reflecting broader market conditions within Iraq’s economy.