Iraq dollar rates dip slightly in Baghdad and Erbil

Baghdad (IraqiNews.com) – US dollar exchange rates against the Iraqi dinar experienced a subtle decrease across major domestic trading hubs on Saturday afternoon, May 23, 2026. This slight downward correction in the parallel market offers minor relief to local commerce, though a visible spread remains compared to the official government benchmark of 130,000 IQD per 100 dollars.

In Baghdad, trading floors saw the greenback ease slightly from earlier week highs, with the consumer selling price recorded at 153,800 IQD and the purchasing price resting at 153,500 IQD for every 100 dollars. In the southern port city of Basra, rates held marginally higher, posting a retail selling price of 154,000 IQD against a wholesale buying price of 153,250 IQD.

Meanwhile, the local bourses in Erbil reported the lowest rates among the three hubs, showing active trading dynamics in the Kurdistan Region’s capital. The selling price dipped to 153,250 IQD, while the corresponding buying price from local currency merchants settled at 153,000 IQD.

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المصدر: Iraqi News