
The exchange rate between the US dollar and the Iraqi dinar is a crucial aspect to consider for anyone dealing with these currencies. The value of the dollar against the dinar can fluctuate significantly.
In recent years, the exchange rate has been affected by various economic factors, including inflation and government policies. This has resulted in a decrease in the value of the dinar against the dollar.
To give you a better idea, as of now, the exchange rate is approximately 1 USD = 1,200 IQD. This means that if you exchange $100, you will get around 120,000 Iraqi dinars.
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USD to IQD Exchange Rate
The USD to IQD exchange rate is a crucial factor for anyone traveling to or investing in Iraq.
The exchange rate is currently around 1 USD = 1,200 IQD, but it can fluctuate depending on various economic and political factors.
Iraq's economy is heavily reliant on oil exports, which can significantly impact the value of the dinar against the US dollar.
The Iraqi government sets the exchange rate, but it's influenced by market forces and can be affected by inflation, GDP growth, and trade balances.
To give you a better idea, the exchange rate has historically been volatile, with significant fluctuations over the years.
Explore further: Iraqi Currency to Naira
US Dollar to Iraqi Dinar

Transferring US dollars to Iraqi dinars has become a more affordable option. You can transfer to 130+ countries.
CurrencyFair offers a convenient way to make money transfers online. Via their website, you can initiate transfers easily.
Traditional banks often charge high fees for international money transfers. Money transfers via CurrencyFair can be up to 8x cheaper than traditional banks.
98+ currencies are available to transfer through CurrencyFair's platform.
تحويل USD إلى Iqd بسعر
To convert USD to IQD, you simply need to write the amount you want to convert in the box. You can then select USD from the dropdown list as the currency you want to convert from, and IQD as the currency you want to convert to.
To get the current exchange rate, our currency converter will show you the current rate of USD to IQD, as well as how it has changed over the past day, week, or month.
To get started, simply write the amount you want to convert in the box and follow the steps outlined in our currency converter guide.
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كيفية تحويل دولار إلى دينار

To convert dollars to Iraqi dinars, it's surprisingly easy. You can use a currency converter, like the one we have here, to get the current exchange rate.
To get started, simply write down the amount you want to convert in the box. Next, select USD as the currency you want to convert from and IQD as the currency you want to convert to. Our currency converter will then show you the current exchange rate and how it's changed over the past day, week, or month.
Here's a quick rundown of the steps:
- Write down the amount you want to convert in the box.
- Select USD as the currency you want to convert from and IQD as the currency you want to convert to.
- Our currency converter will show you the current exchange rate and how it's changed.
قيمة الدينار العراقي
The value of the Iraqi Dinar against the US Dollar has been a topic of concern lately. The Iraqi government has announced that if the Dinar's value against the Dollar doesn't stabilize, they may have to sell Dollars directly to citizens.
The Iraqi Central Bank has been dealing with foreign currencies, including the Chinese Yuan, the UAE Dirham, and the Iranian Rial. Recently, they've been exchanging large sums of money, with a total of $8.244 billion in cash and $29.955 billion in wire transfers over the past 10 months.
In comparison, the Central Bank exchanged $7.613 billion in cash and $35.474 billion in wire transfers during the same period in 2022. This shows a significant increase in the amount of money being exchanged, which could be a sign of the Dinar's value against the Dollar.
A different take: Is Iraqi Dinar Worth Anything
لماذا سعر الدينار في السوق

The recent statements from the Sudanese government's official spokesperson have sent a clear warning to those who profit from the Iraqi dinar's value against the US dollar. If the dinar's value doesn't stabilize, the government will have to sell dollars directly to citizens, posing a significant threat to those who earn billions of dinars daily.
The dinar's value is a major concern, especially considering the government's recent commercial dealings with China, the UAE, and Iran, which use different currencies. This shift in trade dynamics raises questions about the dinar's stability.
The Central Bank of Iraq has made significant transactions in the past 10 months, offering $8.244 billion in cash and $29.955 billion in wire transfers.
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Dollar Exchange in Iraq
You can transfer your US dollars to Iraqi dinars with ease. CurrencyFair offers transfers to 130+ countries, making it a convenient option.
Their website is user-friendly, and you can access it to initiate the transfer process. Via CurrencyFair's Website, you can start the transfer.

Using CurrencyFair for dollar exchange in Iraq can save you money, as their transfers are up to 8x cheaper than traditional banks. This is a significant advantage for those who need to make regular transfers.
You can transfer a significant amount of money, as their system allows for money transfers.
Sources
- https://sa.investing.com/currencies/usd-iqd-converter
- https://www.forbes.com/advisor/money-transfer/currency-converter/usd-iqd/
- https://wise.com/ar/currency-converter/usd-to-iqd-rate
- https://sa.investing.com/currencies/usd-iqd
- https://rudawrc.net/ar/article/qym-aldynar-alraqy-mqabl-aldular-alamryky-2023-11-07
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