The IQD/USD pair shows how many US Dollars are needed to buy one Iraqi Dinar, reflecting Iraq's oil-driven economy and monetary policy.
The curve shows the change in one unit of IQD expressed in USD. An upward slope means the base currency is strengthening relative to the quote currency; a downward slope indicates the opposite.
Use the 7-day, 30-day or 1-year periods to distinguish a short movement from a more lasting trend.
Volatility can reflect central-bank announcements, economic data, trade flows or risk sentiment. A chart is not a forecast: it describes the observations available for the selected period.
Du au · 18 observations
The IQD/USD exchange rate indicates the value of the Iraqi Dinar relative to the US Dollar. This directed pair (IQD as base, USD as quote) is used by businesses, investors, and individuals engaged in trade, remittances, or investment between Iraq and the United States. An appreciation of the Iraqi Dinar means that fewer US Dollars are required to purchase one Dinar, which can affect the cost of imports and the value of foreign reserves.
Structural drivers of the IQD/USD rate include the monetary policies of the Central Bank of Iraq (CBI) and the US Federal Reserve. The CBI manages the Dinar's value through foreign exchange interventions and interest rate decisions, while the Fed's policies influence global dollar liquidity. Key factors also include Iraq's oil export revenues, which are denominated in USD, inflation differentials, economic growth, political stability, and capital flows. The US Dollar's status as a global reserve currency and safe-haven asset further impacts the pair.
Over the past several years, the IQD/USD rate has been relatively stable due to the CBI's managed float regime, with occasional adjustments linked to oil price fluctuations and geopolitical events. The pair has experienced periods of pressure during conflicts or sanctions, but the CBI has typically intervened to maintain stability. Without specific historical data, it is important to note that the rate is influenced by ongoing developments in Iraq's economy and global oil markets, rather than following a predictable long-term trend.
This analysis is provided for information only and is neither a forecast nor financial advice.
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| Date UTC | Rate | Change |
|---|---|---|
| 0,00076364 | +0.00% | |
| 0,00076365 | +0% | |
| 0,00076365 | +0% | |
| 0,00076365 | -1.95% | |
| 0,00077882 | +1.87% | |
| 0,00076453 | +0% | |
| 0,00076453 | +0% | |
| 0,00076453 | -1.83% |
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Displayed source: api.forex. Indicative values are used only as a visual fallback.