AJ
THE PARALLEL MARKET KEEPS COMING DOWN
GM,
Iraq's Parallel Market USD/IQD rates for Tuesday June. 24, 2025: 1,437 IQD
Comparing the current parallel market rate of 1,437 IQD today, to the rate of 1,517 IQD on January 16, 2025, is a difference of 80 IQD.
This indicates that the Iraqi Dinar has gained strength against the USD in the parallel market over this 5 month timeframe, as a decrease in the IQD per USD rate reflects an appreciation of the dinar's value.
The Parallel exchange rate needs to decrease by another 117 IQD 
to reach 1,320 IQD from the current rate of 1,437 IQD.
Baghdad:
– Selling $100: 143,750 IQD
– Buying $100: 143,250 IQD
Erbil:
– Selling $100: 143,750 IQD
– Buying $100: 143,250 IQD
Basra:
– Selling $100: 143,750 IQD
– Buying $100: 143,250 IQD
The official Central Bank of Iraq rate stands at 1,320 IQD to $1
