Dollar exchange rate hits record high against IQD in Kurdistan Region

Kurdistan 02:48 PM - 2021-06-09

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The exchange rate of the dollar against the Iraqi dinar on Wednesday set a new record in the currency markets of the Kurdistan Region

 

Shwan Hadi, a currency trader in the Sulaymaniyah market, told PUKmedia that the exchange rate of 100 US dollars against the Iraqi dinar reached 150,650 dinars today after it was 150 thousand and 150 dinars on Tuesday. 

 

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

 

100 euros = 182,000 dinars.

 

100 pounds = 211,000 dinars.

 

100 Turkish liras = 18.000 dinars.

 

100 thousand Iranian toman = 6.650 dinars.

 

In late 2020, Iraq's Central Bank has devalued the national currency against the US dollar by almost 20 percent to address the financial crisis brought by low oil prices which resulted in a huge hike in dollar prices.

 

 

 

PUKmedia