Iraq dollar exchange rate 3/8
The exchange rate of the US dollar against the Iraqi dinar in the black market has risen to over 151,500 dinars per 100 dollars, following notable increases in Baghdad and its currency exchange offices. The market continues to react to developments in oil and regional tensions that influence the demand for foreign currencies. In Baghdad, the dollar was sold at 151,700 dinars, an increase of 1,050 dinars from the previous rate. Currency exchange offices in Baghdad recorded a selling price of 152,000 dinars, with variations across Iraqi cities; the highest rate was in Kirkuk at 152,000 dinars. The official rate set by the Central Bank remains at 132,000 dinars, creating a gap of approximately 15% between the black market and the official rate. Concerns about regional tensions impacting the energy and transportation sectors continue to influence the market. It is expected that the exchange rate will remain affected by both global and local market developments, with potential for further increases or decreases depending on demand and liquidity conditions.
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