The exchange rates of the dollar against the Iraqi dinar varied, in transactions on the evening of Sunday, October 24, 2021, in the capital, Baghdad, and a number of provinces.
The price of the dollar today in Iraq
The average price of the dollar in exchange offices and local markets in the Iraqi capital, Baghdad, during today’s transactions, stood at 1475 dinars for purchase and 1485 dinars for sale, according to local media sites.
The average price of the dollar in Iraq varies between the Kifah Stock Exchange (Baghdad Stock Exchange), and between the rest of the provinces, with a margin of a few dinars, up or down.
The price of the dollar against the Iraqi dinar in the Central Bank
And the Central Bank of Iraq decided earlier in the year to adjust the exchange rate of the dollar against the Iraqi dinar, as the purchase price of the dollar from the Ministry of Finance amounted to 1450 dinars.
As for the selling price of the dollar to the banks, it was set at 1460 dinars per dollar, while the selling price to the citizen was about 1470 dinars per dollar.
The Finance Committee of the Iraqi Parliament decided, in mid-August, to keep the exchange rate at its current position.
A statement by the ministry stated, “The ministry has continuously followed up the indications of devaluation of the currency against the dollar and over the past 9 months.”
She added that after implementing the reform measures, foreign reserves with the Central Bank of Iraq rose to $60 billion in April 2021, compared to $54 billion in January 2020.
The price of the dollar against the Iraqi dinar on the stock exchanges
And the dollar exchange rate fell on the Kifah Stock Exchange in Baghdad today to 1478.75 dinars, while it was recorded in the Al-Harithiya Stock Exchange about 1479 dinars, which is the same price on the Basra Stock Exchange.
The price of the dollar fell on the Erbil Stock Exchange to 1480 Iraqi dinars.
The price of the dollar on the Sulaymaniyah Stock Exchange settled at 1480.50 Iraqi dinars.
Meanwhile, the price of the dollar against the dinar on the stock exchanges of Mosul and Dohuk stabilized at 1481 dinars.
The price of the euro and the pound against the Iraqi dinar
And the average price of the euro, against the Iraqi dinar, recorded in today’s trading, 1689.12 dinars for purchase, and 1702.53 dinars for sale.
The average price of the pound sterling against the Iraqi dinar today was 1998.24 dinars for purchase and 2007.30 dinars for sale.
The prices of the riyal, dirham and dinar against the Iraqi dinar
The average exchange rate of the Saudi riyal against the Iraqi dinar, in today’s transactions, was 387.84 dinars for purchase, and 387.98 dinars for sale.
The average price of the UAE dirham, against the Iraqi dinar, was 395.62 dinars for purchase, and 396.59 dinars for sale.
The average price of the Kuwaiti dinar, against the Iraqi dinar, was about 4824.63 dinars for purchase, and 4827.66 dinars for sale.
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