USD/IQD Price & Performance (USDIQD)

The exchange rate for USD to IQD in Baghdad today stands at 147,500 IQD for selling $100, reflecting a slight premium compared to Erbil and Basra. The Central Bank of Iraq's official rate remains significantly lower at 1,320 IQD per $1, indicating heightened demand for the dollar in local markets.12

The Iraqi dinar has made a historic leap in the forex market, driven by economic reforms and strategic financial policies. This surge marks a significant milestone for the currency, with analysts pointing to increased global confidence in Iraq's monetary system and its potential for further appreciation.34

In a groundbreaking move, US banks have approved the revaluation of the Iraqi dinar. This decision is expected to boost global trade and enhance investor confidence. Experts suggest this could signal a shift in the currency's global standing, with potential implications for the broader financial market.45