Official Dollar Rate in Iraq
Central bank official USD/IQD / USD rate today
Official Rate
1,310
1 USD = 1,310 IQD / USD
Parallel Rate
1,318
1 USD = 1,318 IQD / USD
Understanding the Official Rate
The official exchange rate in Iraq is the rate established by the central bank for use in licensed banks, government transactions, and regulated financial institutions. It represents the floor price for foreign currency exchange and is used for calculating import costs, debt servicing, and official statistics.
Currently, the official USD to IQD / USD rate is 1,310, while the parallel market trades at 1,318 — a spread of 0%. This gap is a critical indicator of foreign exchange market health in Iraq.
Official Rate FAQ
The official USD to IQD / USD rate in Iraq is 1,310. This rate is set by the central bank and applies to official banking transactions.