US Dollar Prices Decline Against Iraqi Dinar
The valuation of the US dollar experienced a decrease against the Iraqi dinar on Monday, coinciding with the closure of trading sessions in Baghdad and Erbil, the capital of the Kurdistan Region.
According to recent data, the dollar’s value declined as the main stock exchanges, including Al-Harithiya, closed. The exchange rate settled at 150,200 dinars for 100 dollars, down from 150,250 dinars earlier in the day.
Local Market Dynamics
In the local banking sector within Baghdad, the exchange rates remained stable. The selling price was recorded at 151,250 dinars for 100 dollars, whereas the purchasing rate stood at 149,250 dinars for the same amount.
Erbil Exchange Rates
Erbil mirrored this trend, with the sale price reaching 150,000 dinars for 100 dollars and the purchase price measuring at 149,900 dinars for 100 dollars.
| Location | Sale Price (for 100 USD) | Purchase Price (for 100 USD) |
|---|---|---|
| Baghdad (banking sector) | 151,250 IQD | 149,250 IQD |
| Baghdad (exchanges) | 150,200 IQD | N/A |
| Erbil | 150,000 IQD | 149,900 IQD |
This recent decline in the US dollar valuation reflects ongoing economic conditions in Iraq and provides crucial data for market participants monitoring currency fluctuations.