US Dollar Exchange Rates Against Iraqi Dinar: Market Update
Overview of Current Exchange Rates
On Thursday morning, the exchange rates for the US dollar against the Iraqi dinar were reported in the financial markets of Baghdad and Erbil, the capital of the Kurdistan Region.
Market Performance
Recent data indicates a rise in the value of the dollar on the primary and Al-Harithiya exchanges in Baghdad, with the currency reaching 148,350 dinars for every 100 dollars. This marks an increase from the previous day’s rate of 148,200 dinars per 100 dollars observed on Wednesday.
Banking Sector Insights
In the banking sector, the selling prices in local markets in Baghdad have also seen an uptick. The sale price for the dollar is currently at 149,500 dinars compared to 100 dollars, while the purchase price stands at 147,500 dinars for 100 dollars.
Continued Dollar Appreciation
Moreover, additional reports show that the selling price has climbed to 148,100 dinars for 100 dollars, with a purchase price of 148,000 dinars for the same amount.
Summary of Current Rates
| Exchange Rate Type | Price (Iraqi Dinar for 100 USD) |
|---|---|
| Primary Exchange Rate | 148,350 |
| Selling Price (Banking Sector) | 149,500 |
| Purchase Price (Banking Sector) | 147,500 |
| Secondary Selling Price | 148,100 |
| Secondary Purchase Price | 148,000 |
This data reflects the ongoing fluctuations in exchange rates and underscores the dynamics of the currency market in Iraq, as the dollar continues to appreciate against the Iraqi dinar.
