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Article "Analysis detailing the reasons for the fluctuations in the exchange rate of the Iraqi dinar against the dollar over 21 years" Quote "
...supply and demand were the most influential ...December was the month with the most frequent increase in the value of the dinar...f
ollowed by: August and June with increases in the value of the dinar against the dollar in 11 years, then April 10 times...The analysis concluded that the seasonal effect remains one of the main elements in determining the exchange rate trends in Iraq, as a recurring pattern appears at the end of the year and the beginning of the fiscal year..."