Iraq continues to witness subtle fluctuations in the dollar price, with the Baghdad market noting a slight dip while Erbil rates held firm. These small movements in dollar prices draw attention from both traders and everyday citizens who watch currency trends closely.
In Baghdad, the exchange rate for 100 US dollars dropped to 141,100 Iraqi dinars. The central Al-Kifah and Al-Harithiya stock exchanges reflected this decrease early in the day. Just one day earlier, the price stood higher at 141,250 dinars, showing a noticeable but moderate shift.
Moreover, in local Baghdad exchange stores, traders posted a selling rate of 142,000 dinars for every 100 dollars. Meanwhile, the buying price reached 140,000 dinars. This narrowing gap suggests more stability is entering the Baghdad currency market.
However, in Erbil, dollar prices did not change significantly. Exchange centers in the city reported a selling price of 141,000 dinars per 100 dollars. At the same time, buyers acquired the dollar for 140,800 dinars. The figures remained consistent across multiple outlets, indicating relative balance in the capital of the Kurdistan Region.
The dollar price in Iraq often reflects larger regional trends and internal market pressures. Factors such as political stability, central bank policy, and trade flows all influence exchange values. Despite minor fluctuations, many currency dealers continue to observe stable trends overall.
Currency market observers in Baghdad explained that supply and demand shifted slightly over the past week. Traders linked the dip in dollar price to weekend business closures and reduced local demand.
In contrast, Erbil’s market retained a more constant tone due to consistent commercial activity. Buyers and sellers in Erbil reported fewer variations, which often suggests confidence in the local currency system.
As more Iraqis use currency exchange for business and personal reasons, the dollar price in Iraq remains a major topic. Citizens pay close attention to these rates since they impact prices of goods, savings value, and import costs.
This latest shift marks the third time this month that the dollar price in Iraq moved below previous benchmarks. As a result, financial analysts expect additional shifts if regional economic conditions change.
Looking ahead, traders expect moderate stability unless sudden political or market developments occur. For now, the dollar price in Iraq remains relatively calm but sensitive to national and global changes.