Baghdad (IraqiNews.com) – US Dollar exchange rates saw a fresh increase against the Iraqi Dinar (IQD) on Saturday morning, April 4, 2026, across the markets of Baghdad and Erbil.
According to local market reports, the parallel market is reacting to the ongoing regional security developments and the continued closure of Iraqi airspace, which has restricted the physical flow of currency.
In Baghdad, the Al-Kifah and Al-Harithiya central exchanges recorded a rate of 154,750 IQD per $100, up from Thursday’s closing rate of 154,400 IQD. This upward trend was also mirrored in local exchange shops throughout the capital, where the selling price reached 155,250 IQD, while the buying price stood at 154,250 IQD per $100.
In Erbil, the capital of the Kurdistan Region, a similar rise was observed. The selling price in the Kurdish markets reached 154,550 IQD per $100, with the buying price recorded at 154,400 IQD.
Despite the celebratory atmosphere in the streets for the national football team, the financial sector remains under pressure as the gap between the official Central Bank rate (1310 IQD) and the market rate continues to widen, impacting the cost of imported goods and local purchasing power.
