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Exchange rate

1,193.00 Iraqi Dinars = 1 USD
1 Iraqi Dinar = 0.000838 USD
  Iraqi Dinar Value for 8/29/2008
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Resources

FinancialStep.com - Financial Services Web Directory.
2008: Demand for dollar up at daily auction

May 19, 2008

Demand for the dollar was up in the Iraqi Central Bank's auction on Monday, registering at $74.155 million compared to $55.190 million on Sunday.

"The demand hit $7.165 million in cash and $66.990 million in money transfers outside the country, all covered by the bank at an exchange rate of 1,199 Iraqi dinars per dollar, unchanged for the third session running,” according to the central bank's daily bulletin which was received by Aswat al-Iraq- Voices of Iraq- (VOI).

The 14 banks that participated in the auction offered to sell $2.500 million, which the bank bought all at an exchange rate of 1,197 dinars per dollar.

The Iraqi Central Bank runs a daily auction from Sunday to Thursday.

Source: Voices of Iraq
 
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