IQD black market rate on Jul 28, 2026: 1,472 per USD
On Tuesday, July 28, 2026, the US dollar traded at about 1,472 IQD on Iraq's parallel (black) market at the close of observations. The day opened at 1,375 IQD, reached a high of 1,472 and a low of 1,375, a trading range of 97.14 IQD (7.06%).
Across 288 observations, the average price to buy dollars was 1,442 IQD and the average price received when selling dollars was 1,489 IQD. Over the session the Iraqi Dinar weakened against the dollar (+7.02% from open to close).
Official rate vs black market rate on Jul 28, 2026
The official exchange rate published for Iraq on this date was 1,310 IQD per USD. The parallel-market close of 1,472 IQD therefore implied a premium of +12.34% over the official rate — a wide gap that typically signals dollar shortages in the formal banking system.
How Jul 28, 2026 compares
Compared with the previous observed day (Jul 27, 2026, close 1,375 IQD), the rate moved +7.02%.
One week earlier (Jul 21, 2026) the close was 1,410 IQD, so the weekly change was +4.36%.
Thirty days earlier (Jun 28, 2026) the close was 1,500 IQD, a -1.91% move over the month.
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 28, 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 28, 2026?
- The USD to IQD parallel market rate closed at approximately 1,472 IQD per US dollar on Tuesday, July 28, 2026, after trading between 1,375 and 1,472 IQD.
- How much did the IQD move against the dollar that day?
- From an open of 1,375 to a close of 1,472 IQD, the parallel rate moved +7.02% on Jul 28, 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 1,472 IQD, a premium of +12.34%.
- Was the IQD black market rate higher or lower than the day before?
- Higher: the previous observed close was 1,375 IQD on Jul 27, 2026, a change of +7.02%.
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.