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Exchange rate

1,174.00 Iraqi Dinars = 1 USD
1 Iraqi Dinar = 0.000852 USD
  Iraqi Dinar Value for 11/20/2008
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Resources

FinancialStep.com - Financial Services Web Directory.
American Express
2008: Significant jump for dollar demand at daily dinar auction

May 27, 2008

Demand for the dollar was significantly up in the Iraqi Central Bank's auction on Tuesday, reaching $119.630 million compared to $67.120 million on Monday.


"The demand hit $3.350 million in cash and $116.280 million in foreign transfers outside the country, all covered by the bank at a stable exchange rate of 1,198 Iraqi dinars per dollar," according to the central bank's daily bulletin which was received by Aswat al-Iraq - Voices of Iraq - (VOI).

None of the 15 banks that participated in the auction offered to sell dollars.
The Iraqi Central Bank runs a daily auction from Sunday to Thursday.

Source: Voices of Iraq
 
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