IQD black market rate on Oct 8, 2026: 1,677 per USD
On Thursday, October 8, 2026, the US dollar traded at about 1,677 IQD on Iraq's parallel (black) market at the close of observations. The day opened at 1,661 IQD, reached a high of 1,687 and a low of 1,502, a trading range of 185.02 IQD (12.32%).
Across 288 observations, the average price to buy dollars was 1,617 IQD and the average price received when selling dollars was 1,733 IQD. Over the session the Iraqi Dinar weakened against the dollar (+0.99% from open to close).
Official rate vs black market rate on Oct 8, 2026
The official exchange rate published for Iraq on this date was 1,308 IQD per USD. The parallel-market close of 1,677 IQD therefore implied a premium of +28.17% over the official rate — a wide gap that typically signals dollar shortages in the formal banking system.
How Oct 8, 2026 compares
Compared with the previous observed day (Oct 7, 2026, close 1,661 IQD), the rate moved +0.99%.
One week earlier (Oct 1, 2026) the close was 1,530 IQD, so the weekly change was +9.61%.
Thirty days earlier (Sep 8, 2026) the close was 1,478 IQD, a +13.47% 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 Oct 8, 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 Oct 8, 2026?
- The USD to IQD parallel market rate closed at approximately 1,677 IQD per US dollar on Thursday, October 8, 2026, after trading between 1,502 and 1,687 IQD.
- How much did the IQD move against the dollar that day?
- From an open of 1,661 to a close of 1,677 IQD, the parallel rate moved +0.99% on Oct 8, 2026.
- What was the gap between the official and black market IQD rate on that date?
- The official rate was 1,308 IQD per USD versus a parallel close of 1,677 IQD, a premium of +28.17%.
- Was the IQD black market rate higher or lower than the day before?
- Higher: the previous observed close was 1,661 IQD on Oct 7, 2026, a change of +0.99%.
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.