The USD/IQD rate moved in opposite directions across Iraq as trading opened near 154,000 dinars per 100 dollars. Baghdad recorded a slight increase. However, Erbil markets showed a small decline.
In Baghdad’s Al-Kifah and Al-Harithiya exchanges, the dollar traded at 153,800 dinars per 100 dollars. This figure rose from 153,750 dinars in the previous session. Therefore, the USD/IQD rate posted a modest gain in the capital.
Exchange shops in Baghdad sold 100 dollars for 154,250 dinars. Meanwhile, they bought the same amount for 153,250 dinars. This spread reflected stable but active demand.
At the same time, Erbil markets recorded slightly lower selling prices. Traders in Erbil sold 100 dollars for 153,300 dinars. They bought it at 153,250 dinars. As a result, the USD/IQD rate softened in the Kurdistan Region compared to Baghdad.
Currency traders monitor daily changes closely. Even small shifts affect import costs and retail pricing. Consequently, businesses watch the USD/IQD rate carefully each session.
Baghdad remains the main pricing hub for the country. Changes in its exchanges often influence rates in other cities. However, regional supply and demand can create short-term differences.
The dollar’s mixed performance reflects balanced market forces. While demand increased slightly in Baghdad, Erbil experienced mild easing. Therefore, overall movement remained within recent trading ranges.
Financial observers expect continued short-term volatility. External factors such as oil revenues and liquidity levels often shape currency trends. Nevertheless, current levels remain close to 154,000 dinars per 100 dollars.
For now, the USD/IQD rate shows stability with minor regional variation. Traders will monitor upcoming sessions to determine whether Baghdad’s upward movement spreads nationwide or reverses.