The exchange rate between the US dollar and the Iraqi dinar stayed mostly stable on Tuesday, April 7, 2026, with only small changes across major cities.
Even though the Central Bank of Iraq has set the official rate at 130,000 IQD per $100, the parallel market is still trading much higher, around 155,000 IQD.
Here’s how rates looked across key cities:
- Baghdad: Selling 154,900 | Buying 154,500
- Erbil: Selling 155,000 | Buying 154,600
- Basra: Selling 154,750 | Buying 154,400
So overall, the market is calm for now, with only slight differences between cities.
What traders are really watching is Friday. That’s when the current 72-hour extension of Iraq’s airspace closure is set to end.
If flights resume, it could ease pressure and stabilize the market further. But if the closure continues, it might push demand for dollars higher again and move the exchange rate.
