CurrenciesData

US Dollar Sees Minor Increase in Baghdad and Erbil Markets

US Dollar Exchange Rates Rise Against Iraqi Dinar

On Thursday, the exchange rates for the US dollar experienced a slight increase against the Iraqi dinar in both Baghdad and Erbil, the capital of the Kurdistan Region.

According to market data, the dollar’s value rose on the main stock exchanges in Baghdad, reaching 147,900 dinars per 100 dollars, compared to the previous session’s rate of 147,800 dinars for the same amount.

In Baghdad’s banking outlets, the selling prices have remained stable, with the sale price set at 149,000 dinars for 100 dollars, while the purchase price is 147,000 dinars for the same amount.

Meanwhile, in Erbil, the dollar also recorded a slight increase, with the selling price at 147,700 dinars per 100 dollars and the purchase price at 147,600 dinars for 100 dollars.

Location Selling Price (IQD) Purchase Price (IQD)
Baghdad 149,000 147,000
Erbil 147,700 147,600

The fluctuations in the exchange rate reflect ongoing dynamics in the currency markets, as economic conditions and market sentiment continue to influence the value of the dinar against the dollar.

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