Dollar exchange rate rises against the Iraqi dinar

Economy 09:44 AM - 2020-12-29

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The exchange rates of the dollar against the Iraqi dinar rose on Tuesday, in the currency markets of the Kurdistan Region.

 

Owner of one of the money exchange offices in Sulaymaniyah, Shwan Hadi, told PUKmedia: With the opening of the currency markets, the exchange rate of 100 US dollars against the Iraqi dinar rose to 143,000 dinars, indicating that the dollar exchange rate rose compared to the exchange rate during the past days.

 

The prices of the remaining currencies against the Iraqi dinar are as follows:

 

 

100 pounds = 191,500 dinars.

 

100 Euro = 173.750 dinars.

 

100 Turkish lira = 19.250 dinars.

 

100,000 Iranian tomans = 5.500 dinars.

 

Dollar exchange rates have dramatically increased against the Iraqi dinar recently as part of the Iraqi government's devaluation process to fill financial gaps of 2021 budget. As part of that plan, the national currency against the US dollar was devalued by nearly 20 percent.

 

 

 

PUKmedia Exclusive