IQD black market rate on Jul 11, 2026: 1,476 per USD
On Saturday, July 11, 2026, the US dollar traded at about 1,476 IQD on Iraq's parallel (black) market at the close of observations. The day opened at 1,467 IQD, reached a high of 1,497 and a low of 1,450, a trading range of 46.5 IQD (3.21%).
Across 288 observations, the average price to buy dollars was 1,487 IQD and the average price received when selling dollars was 1,514 IQD. Over the session the Iraqi Dinar weakened against the dollar (+0.59% from open to close).
Official rate vs black market rate on Jul 11, 2026
The official exchange rate published for Iraq on this date was 1,310 IQD per USD. The parallel-market close of 1,476 IQD therefore implied a premium of +12.63% over the official rate — a wide gap that typically signals dollar shortages in the formal banking system.
How Jul 11, 2026 compares
Compared with the previous observed day (Jul 10, 2026, close 1,467 IQD), the rate moved +0.59%.
One week earlier (Jul 4, 2026) the close was 1,475 IQD, so the weekly change was +0.02%.
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 Jul 11, 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 Jul 11, 2026?
- The USD to IQD parallel market rate closed at approximately 1,476 IQD per US dollar on Saturday, July 11, 2026, after trading between 1,450 and 1,497 IQD.
- How much did the IQD move against the dollar that day?
- From an open of 1,467 to a close of 1,476 IQD, the parallel rate moved +0.59% on Jul 11, 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 1,476 IQD, a premium of +12.63%.
- Was the IQD black market rate higher or lower than the day before?
- Higher: the previous observed close was 1,467 IQD on Jul 10, 2026, a change of +0.59%.
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.