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.
