Exchange Rate in Iraq
Inflation fell to 5.3% in March from 6.9% in February. Inflation should average lower in 2023 than in 2022 on easing external price pressures and the re-pegging of the dinar at a stronger rate. Key upside risks are depreciation of the black-market FX rate and fiscal stimulus following eventual approval of the budget.
Iraq Exchange Rate Chart
Iraq Exchange Rate Data
|Exchange Rate (IQD per USD, eop)||1,184||1,190||1,190||1,461||1,460|