US Dollar Exchange Rates Decline in Baghdad on March 16, 2025
On March 16, 2025, exchange rates for the US dollar experienced a decline in the capital city of Baghdad.
According to recent reports, the selling price of the dollar in Baghdad’s market was noted at 148,250 dinars, while the purchasing rate was slightly lower at 147,950 dinars per 100 dollars.
The report also highlighted variations in exchange rates across different Iraqi cities. In Erbil, the dollar was sold for 148,000 dinars and purchased at 147,850 dinars. Conversely, the rates in Basra were higher, with the dollar selling for 149,000 dinars and purchasing at 148,000 dinars.
| City | Selling Price (Dinars) | Purchasing Price (Dinars) |
|---|---|---|
| Baghdad | 148,250 | 147,950 |
| Erbil | 148,000 | 147,850 |
| Basra | 149,000 | 148,000 |
This decrease in the dollar’s exchange rate reflects ongoing trends in the Iraqi economy, as market dynamics continue to influence currency valuation in key urban centers across the country. Understanding these fluctuations is crucial for businesses and investors engaged in the local market.
