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Exchange rate

1,193.00 Iraqi Dinars = 1 USD
1 Iraqi Dinar = 0.000838 USD
  Iraqi Dinar Value for 7/20/2008
"Many play the lottery and place their hopes on mere numbers and odds. Some people gamble on sports stars and their chances at winning certain games. What about a gamble that might actually mean something, a gamble that involves not only more than yourself, but an entire people? A bet that just maybe a nation could move past totalitarian dictatorship & religious extremism to hopefully one day truly join the free world as full-fledged independent economy. This is your opportunity for just such a gamble, because who knows, it just might pay off."
 

Resources

FinancialStep.com - Financial Services Web Directory.
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2007: Iraqi Dinar Rate 021607
Stable exchange Iraqi dinar rate propels dollar sales high in Iraqi auction

February 16, 2007
  • Sixteen banks participated in Tuesday’s auction and offered to sell two million dollars, which the bank bought all at 1286 Iraqi dinars per dollar.
  • Economist Abdul-Razzaq Sadeq al-Abaiji told the independent news agency Voices of Iraq (VOI) "the exchange rate was stable for more than a week now leading traders to offer selling dollars in today's auction."
  • Abaiji added "the offers to sell dollar encouraged the Central Bank to covers all bids for dollar in Tuesday's session."
  • On Monday, the Central Bank failed to cover bids made in its daily auction for dollar resulting in a decline in the demand ceiling to less than $34 million. (Source) Azaman
 
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