IQD black market rate on Jun 5, 2026: 1,483 per USD
On Friday, June 5, 2026, the US dollar traded at about 1,483 IQD on Iraq's parallel (black) market at the close of observations. The day opened at 1,503 IQD, reached a high of 1,503 and a low of 1,483, a trading range of 19.5 IQD (1.31%).
Across 37 observations, the average price to buy dollars was 1,491 IQD and the average price received when selling dollars was 1,525 IQD. Over the session the Iraqi Dinar strengthened against the dollar (-1.30% from open to close).
Official rate vs black market rate on Jun 5, 2026
The official exchange rate published for Iraq on this date was 1,310 IQD per USD. The parallel-market close of 1,483 IQD therefore implied a premium of +13.19% over the official rate — a wide gap that typically signals dollar shortages in the formal banking system.
How this daily figure is produced
ETCurrency samples Iraq's USD/IQD parallel market throughout the day from peer-to-peer stablecoin order books and, where available, community submissions. Each sample is filtered for outliers and aggregated into a single buy and sell quote; the figures above are the first, highest, lowest and last of those aggregated quotes for Jun 5, 2026 (UTC).
USDT peer-to-peer prices closely track cash dollar prices in most parallel markets but are not identical to them: payment-method fees, merchant margins and local demand for stablecoins can all add a few tenths of a percent.
Frequently asked questions
- What was the dollar to Iraqi Dinar black market rate on Jun 5, 2026?
- The USD to IQD parallel market rate closed at approximately 1,483 IQD per US dollar on Friday, June 5, 2026, after trading between 1,483 and 1,503 IQD.
- How much did the IQD move against the dollar that day?
- From an open of 1,503 to a close of 1,483 IQD, the parallel rate moved -1.30% on Jun 5, 2026.
- What was the gap between the official and black market IQD rate on that date?
- The official rate was 1,310 IQD per USD versus a parallel close of 1,483 IQD, a premium of +13.19%.
Figures are aggregated parallel-market observations for Iraq in UTC and are indicative only; they are not a quote to trade. See the full USD → Iraqi Dinar history or today's live rate.