IQD black market rate on Aug 22, 2026: 1,478 per USD
On Saturday, August 22, 2026, the US dollar traded at about 1,478 IQD on Iraq's parallel (black) market at the close of observations. The day opened at 1,483 IQD, reached a high of 1,504 and a low of 1,447, a trading range of 56.23 IQD (3.89%).
Across 288 observations, the average price to buy dollars was 1,482 IQD and the average price received when selling dollars was 1,536 IQD. Over the session the Iraqi Dinar strengthened against the dollar (-0.33% from open to close).
Official rate vs black market rate on Aug 22, 2026
The official exchange rate published for Iraq on this date was 1,198 IQD per USD. The parallel-market close of 1,478 IQD therefore implied a premium of +23.41% over the official rate — a wide gap that typically signals dollar shortages in the formal banking system.
How Aug 22, 2026 compares
Compared with the previous observed day (Aug 21, 2026, close 1,483 IQD), the rate moved -0.33%.
One week earlier (Aug 15, 2026) the close was 1,457 IQD, so the weekly change was +1.43%.
Thirty days earlier (Jul 23, 2026) the close was 1,450 IQD, a +1.95% 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 22, 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 22, 2026?
- The USD to IQD parallel market rate closed at approximately 1,478 IQD per US dollar on Saturday, August 22, 2026, after trading between 1,447 and 1,504 IQD.
- How much did the IQD move against the dollar that day?
- From an open of 1,483 to a close of 1,478 IQD, the parallel rate moved -0.33% on Aug 22, 2026.
- What was the gap between the official and black market IQD rate on that date?
- The official rate was 1,198 IQD per USD versus a parallel close of 1,478 IQD, a premium of +23.41%.
- Was the IQD black market rate higher or lower than the day before?
- Lower: the previous observed close was 1,483 IQD on Aug 21, 2026, a change of -0.33%.
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.