US Dollar Exchange Rates Surge Against Iraqi Dinar
The ongoing increase in exchange rates for the US dollar has significantly influenced the Iraqi dinar, particularly as transactions conclude on the parallel exchange market.
As of the latest data, sale rates at currency exchange outlets have reached 151,500 dinars for every 100 dollars, while buying rates have been recorded at 149,500 dinars for the same amount.
This divergence between official and parallel market rates has led to a notable stagnation in local markets, which are increasingly affected by the prevailing dollar dynamics.
Transaction Type | Exchange Rate (Iraqi Dinar) | Amount (USD) |
---|---|---|
Sale | 151,500 | 100 |
Purchase | 149,500 | 100 |
The fluctuating exchange rates reflect broader economic trends and challenges facing the region, underscoring the need for ongoing analysis of the financial landscape.