Currency traders tracked fresh USD to IQD exchange rates on Tuesday, February 24, 2026. The latest USD to IQD exchange rates showed slight differences between major Iraqi cities. Meanwhile, the official rate from the Central Bank of Iraq remained stable.
In Baghdad, markets opened with firm demand for the dollar. Exchange shops sold $100 for 153,200 Iraqi dinars. At the same time, traders bought $100 for 152,700 dinars. These figures reflected active trading during the morning session. As trading continued, dealers adjusted prices in response to customer demand.
In Erbil, rates moved slightly lower compared to Baghdad. Dealers sold $100 for 153,000 dinars. They bought $100 for 152,500 dinars. Although the gap remained small, the variation caught traders’ attention. Many customers compared prices between cities before completing transactions.
Basra followed a similar pattern to the capital. Money exchangers sold $100 for 153,200 dinars. They purchased $100 for 152,700 dinars. Therefore, Basra matched Baghdad’s market performance on Tuesday. Traders reported steady activity throughout the day.
Across the country, currency demand continued to shape daily pricing. Traders monitored supply levels and regional cash flows closely. In addition, import activity influenced dollar demand in local markets. As a result, small price gaps appeared between cities. Even minor fluctuations affected bulk transactions.
However, the official benchmark told a different story. The Central Bank of Iraq kept its rate fixed. The bank set the official rate at 1,320 dinars per dollar. This policy aims to stabilize the national currency. It also seeks to narrow the gap between official and market prices.
Even so, parallel market rates remained significantly higher than the official figure. That difference highlights ongoing structural pressures in the currency market. Nevertheless, authorities continue efforts to manage liquidity and control speculation. Financial observers expect continued monitoring of exchange activity.
For now, the USD to IQD exchange rates reflect steady but elevated market levels. Baghdad and Basra recorded identical selling and buying prices. Erbil showed a slightly lower range. Meanwhile, the official rate remains far below market values.
Currency watchers will continue tracking daily changes. Investors and businesses rely on these updates for pricing decisions. Consequently, exchange rate movements remain a key economic indicator across Iraq.
