USD to IQD Exchange Rate History — Iraq
Over the past 90 days, the USD to Iraqi Dinar parallel (black market) rate moved from about 1,601 IQD on Oct 19, 2026 to 1,693 IQD on Oct 19, 2026 — a change of +5.7%. Across that window the Iraqi Dinar weakened against the dollar, trading between a low of 1,601 and a high of 1,712 IQD, averaging 1,654 IQD per US dollar.
Iraq sets an official dinar rate, but tighter controls on dollar transfers have kept a stubborn gap with the street price.
How to read the IQD rate history
The chart plots the parallel buy rate — how many IQD it took to buy one US dollar — at each point we recorded. The daily table below lists the closing buy and sell rate for each day, while the monthly table summarises the average, high and low for each month, which is useful for comparing one period with another.
A rising line means the Iraqi Dinar is losing value (more IQD per dollar); a falling line means it is gaining. Over this window the spread between the high (1,712) and the low (1,601) shows how volatile the market has been — here, roughly 2.1% around the average.
What has moved the Iraqi Dinar recently?
In Iraq, the parallel rate is driven by factors such as the dollar-auction system, tighter US enforcement on banks, strong import and remittance demand. When dollars become scarcer or confidence falls, the street rate climbs ahead of the official Central Bank of Iraq (CBI) rate; when supply improves or policy tightens, the gap can narrow again.
Because the parallel rate often moves before official devaluations, its history is a useful early-warning record — a steadily rising trend frequently precedes an official adjustment, while a long plateau suggests relative stability.
Using historical IQD rates
Historical rates help with budgeting, invoicing, remittance planning and spotting trends, but they are not a forecast — past movements do not guarantee future ones. For the live rate, see our main USD to IQD page, and use the converter for exact amounts.
All figures are aggregated from P2P platforms, community reports and market monitoring, then refreshed hourly. They are provided for information and price-transparency only and are not financial advice.