USD Exchange Rates Show Increase in Baghdad and Erbil
The value of the US dollar against the Iraqi dinar experienced an uptick this morning in both Baghdad and Erbil, the capital of the Kurdistan Region.
In Baghdad, exchange rates at the struggle and Al-Harithiya stock exchanges recorded a rise, with the dollar priced at 150,300 dinars for $100, compared to 150,250 dinars for $100 earlier in the week. This indicates a notable shift in the currency market as demand for the dollar aligns with broader economic trends.
Additionally, the selling prices in local banking outlets in Baghdad remained stable, with a selling price of 151,250 dinars and a purchasing price of 149,250 dinars for $100.
In the Kurdistan Region, Erbil mirrored this trend, with the dollar’s sale price reaching 150,250 dinars for 100 dollars, while the purchasing price settled at 150,150 dinars for the same amount.
Summary of Exchange Rates
| Location | Sale Price (Dinars) | Purchase Price (Dinars) |
|---|---|---|
| Baghdad | 151,250 | 149,250 |
| Erbil | 150,250 | 150,150 |
The fluctuations in exchange rates reflect ongoing economic dynamics and underscore the importance of monitoring currency trends in the region.