Iraqi dinar exchange rates hold near 154,500 IQD per $100

Packs of Iraqi dinars and a person counting a pack of US dollars. Photo: NRT Baghdad (IraqiNews.com) — Parallel market exchange rates for the U.S. dollar against the Iraqi Dinar remained elevated across major domestic trading hubs on Tuesday, August 18, 2026, trading at 154,500 IQD per $100 in Baghdad and Basra, and 153,750 IQD in Erbil, according to price sheets published by the 964 Network. The parallel market pricing maintains a notable spread above the Central Bank of Iraq’s (CBI) official benchmark rate of 131,000 IQD per $100 (1,310 IQD per $1 USD). Daily Exchange Rates by City (per $100 USD) Baghdad (Al-Kifah & Al-Harithiya Bourses): Selling Price: 154,500 IQD Buying Price: 154,000 IQD Erbil (Kurdistan Region Main Exchange): Selling Price: 153,750 IQD Buying Price: 153,250 IQD Basra (Southern Commercial Hub): Selling Price: 154,500 IQD Buying Price: 154,000 IQD Trading across Baghdad and Basra held steady at a uniform selling level of 154,500 IQD, while Erbil posted a slightly narrower margin at 153,750 IQD per $100. The persistent parallel market spread reflects ongoing liquidity demand for physical cash dollars in local retail commerce and informal merchant transactions, while institutional cross-border wire transfers and formal import financing continue clearing through the Central Bank’s electronic compliance portal at the official rate.