Iraqi Dinar Exchange Rate Fluctuates Amid New Central Bank Rate

The US dollar exchange rate has fluctuated in Iraq, rising in Baghdad and declining in Erbil. In Baghdad's Al-Kifah and Al-Harithiya stock exchanges, the exchange rate reached 1,541.5 Iraqi dinars compared to 1,538.5 on Tuesday morning. The Central Bank of Iraq introduced a new official exchange rate of 1,300 dinars per dollar in February 2023.

However, the exchange rate in currency exchange shops in Baghdad ranged between 1,545 and 1,535 Iraqi dinars. In Erbil, the US dollar exchange rate slightly declined, fluctuating between 1,541 and 1,540.5 Iraqi dinars.