IQD black market rate on Aug 18, 2026: 1,482 per USD
On Tuesday, August 18, 2026, the US dollar traded at about 1,482 IQD on Iraq's parallel (black) market at the close of observations. The day opened at 1,481 IQD, reached a high of 1,520 and a low of 1,465, a trading range of 55.36 IQD (3.78%).
Across 288 observations, the average price to buy dollars was 1,492 IQD and the average price received when selling dollars was 1,536 IQD. Over the session the Iraqi Dinar weakened against the dollar (+0.10% from open to close).
Official rate vs black market rate on Aug 18, 2026
The official exchange rate published for Iraq on this date was 1,312 IQD per USD. The parallel-market close of 1,482 IQD therefore implied a premium of +12.95% over the official rate — a wide gap that typically signals dollar shortages in the formal banking system.
How Aug 18, 2026 compares
Compared with the previous observed day (Aug 17, 2026, close 1,481 IQD), the rate moved +0.10%.
One week earlier (Aug 11, 2026) the close was 1,483 IQD, so the weekly change was -0.03%.
Thirty days earlier (Jul 19, 2026) the close was 1,482 IQD, a +0.00% 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 Aug 18, 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 Aug 18, 2026?
- The USD to IQD parallel market rate closed at approximately 1,482 IQD per US dollar on Tuesday, August 18, 2026, after trading between 1,465 and 1,520 IQD.
- How much did the IQD move against the dollar that day?
- From an open of 1,481 to a close of 1,482 IQD, the parallel rate moved +0.10% on Aug 18, 2026.
- What was the gap between the official and black market IQD rate on that date?
- The official rate was 1,312 IQD per USD versus a parallel close of 1,482 IQD, a premium of +12.95%.
- Was the IQD black market rate higher or lower than the day before?
- Higher: the previous observed close was 1,481 IQD on Aug 17, 2026, a change of +0.10%.
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.