Iraq dollar rates: Market stabilizes near 155,000 across major cities

A teller flicks through a bundle of US dollar bills at an exchange shop in Ankara, Turkey. Photo: Adem Altan/AFP/Getty Images


Baghdad (IraqiNews.com) – The exchange rates for the US Dollar against the Iraqi Dinar (IQD) remained relatively stable on Tuesday, April 7, 2026, with minor fluctuations across Iraq’s major trading hubs. Despite the official Central Bank of Iraq (CBI) rate being set at 130,000 IQD per $100, the parallel market continues to hover around the 155,000 mark.

Exchange Rates by City (Tuesday, April 7)

City Selling Price (per $100) Buying Price (per $100)
Baghdad 154,900 IQD 154,500 IQD
Erbil 155,000 IQD 154,600 IQD
Basra 154,750 IQD 154,400 IQD

The market is currently looking toward Friday, when the current 72-hour extension of the national airspace closure is set to expire. Any decision to reopen the skies or further extend the closure will likely trigger the next significant movement in the exchange rate.




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