The dollar is approaching 170,000 dinars in Iraqi markets.

The dollar is approaching 170,000 dinars in Iraqi markets.

2026-10-21

The dollar is approaching 170000 dinars in Iraqi marketsShafaq News – Baghdad/Erbil
The exchange rate of the US dollar against the Iraqi dinar rose this morning, Wednesday, in the markets of the capital, Baghdad, and in Erbil, the capital of the Kurdistan Region.

A correspondent for Shafaq News Agency said that the price of the dollar rose in the Al-Kifah and Al-Harithiya exchanges in Baghdad to reach 168,900 dinars for 100 dollars, compared to yesterday, Tuesday, when it reached 168,250 dinars for 100 dollars.

In currency exchange shops in the local markets of Baghdad, exchange rates rose to record 169,500 dinars for 100 dollars, while the buying price reached 168,500 dinars.

In Erbil, the dollar prices also rose, with the selling price recording 168,900 dinars for 100 dollars, while the buying price reached 168,800 dinars for 100 dollars.

These successive increases in the Iraqi (parallel) markets come as a result of the decision of the Central Bank of Iraq, based on the decision of the Council of Ministers, to amend the exchange rate of the dinar against the dollar, so that the selling price of the dollar to the public becomes 1520 dinars, compared to 1510 dinars for banks and 1500 dinars for the purchase price of the dollar from the Ministry of Finance, starting from October 7, 2026.

shafaq.com