An employee of a currency exchange shop shows a stack of Iraqi dinars in the southern Iraqi city of Nasiriyah in Dhi Qar governorate. Photo: AFP/Getty Images Baghdad (IraqiNews.com) — Parallel market exchange rates for the U.S. dollar against the Iraqi dinar held in the 152,750–153,250 IQD per $100 range across major Iraqi bourses on Sunday, August 16, 2026. The parallel market rate continues to reflect a premium over the Central Bank of Iraq’s (CBI) official exchange rate, which remains pegged at 131,000 IQD per $100. Daily Exchange Rates by City (per $100 USD) Baghdad (Al-Kifah & Al-Harithiya Bourses): Selling Price: 152,750 IQD Buying Price: 153,000 IQD Erbil (Kurdistan Region): Selling Price: 153,250 IQD Buying Price: 153,150 IQD Basra (Southern Hub): Selling Price: 153,250 IQD Buying Price: 152,750 IQD The parallel spread over the official CBI window reflects sustained demand for physical cash dollars in parallel merchant trading and regional cross-border commerce. While the official electronic platform handles authorized commercial imports at the pegged 1,320/1,310 rate, local exchange counters in Baghdad, Erbil, and Basra maintain a 16% to 17% market premium driven by liquidity distribution and cash-market trading volumes.
Iraqi dinar exchange rates vs US dollar in Baghdad, Basra, and Erbil
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