The dollar exchange rate in Iraq moved upward on Thursday morning, with markets in Baghdad and Erbil reporting higher prices compared to the previous trading session. Currency traders monitored the changes closely as the US dollar gained value against the Iraqi dinar. The latest figures showed a modest increase across major exchange centers.
In Baghdad, trading activity began with the dollar reaching 154,600 dinars for every 100 US dollars. This marked an increase from Wednesday’s opening level, when the currency traded at 154,200 dinars per 100 dollars. The rise reflected stronger demand during the early hours of trading.
Market participants in the capital followed prices at the well-known exchange hubs of Al-Kifah and Al-Harithiya. Dealers reported active movement as buyers and sellers adjusted to the new rate. Although the increase remained limited, it attracted attention from traders and businesses that depend on foreign currency transactions.
The dollar exchange rate in Iraq also influenced prices at local exchange shops throughout Baghdad. Many currency exchange offices offered the dollar for sale at 155,000 dinars per 100 dollars. At the same time, they purchased dollars from customers at 154,000 dinars. This spread reflected normal market operations and exchange service costs.
Meanwhile, Erbil recorded slightly different rates. Exchange offices in the Kurdistan Region sold 100 US dollars for 154,850 dinars. They bought the same amount at 154,750 dinars. These figures placed Erbil’s market close to Baghdad’s rates, with only minor differences between the two cities.
Financial observers often watch these daily fluctuations because they can affect commercial activity and consumer spending. Small changes in exchange rates may influence import costs, business transactions, and market confidence. Traders also monitor regional and international developments that can shape currency demand.
The recent increase does not represent a major shift in market conditions. However, it highlights the ongoing movement within Iraq’s foreign exchange market. Currency dealers continue to track supply and demand trends while assessing potential changes in the coming days.
As trading continues, investors and businesses will keep a close eye on the dollar exchange rate in Iraq. Future movements may depend on market liquidity, economic developments, and broader financial conditions. For now, the dollar remains slightly stronger than it was at the start of the previous trading session.