NewsTradingSentimentEventsCommunityBriefing
Sign in
Markets LIVE

Iraqi Dinar Hits 1,602 to Dollar Amid Speculation

By Markets Desk · 2026-09-20 · Updated 2026-09-20 04:11 UTC
A stack of paper banknotes and a single gold coin on a wooden desk
Illustration: Tradingbird

The Iraqi dinar has slipped to 160,250 per $100 in the parallel market, a 21% premium over the official rate, amid speculation about potential US restrictions on dollar transfers linked to militia disarmament. New reporting from GN auto markets/forex confirms the Baghdad rate has crossed the 160,000 threshold, citing regional instability and unregulated trading channels as key drivers of the currency's weakness.

  • GN auto markets/forex: exchange rate reports that the Baghdad parallel market rate has officially breached the 160,000 dinar mark, while the Erbil rate stands at 159,350 dinars per $100. The outlet attributes this widening divergence from the official rate to regional security tensions, unregistered traders in the ASICO system, and rapid sentiment shifts driven by informal messaging groups.

    Source: kurdistan24.net

  • The parallel market rate for the Iraqi dinar reached 160,250 per 100 dollars on Saturday, marking a 21% premium over the official exchange rate.

    Source: 964media.com
Based on reporting by 964media.com and kurdistan24.net, compiled by the Tradingbird desk.

Read next

More in Markets
A stack of various foreign banknotes and coins resting on a wooden desk surface
Markets · Forex

Nepal Fixes Dollar Rate at 153.10 Rupees

Nepal Rastra Bank sets the US dollar buying rate at 153.10 rupees for today. The central bank published fixed rates for major currencies. Commercial banks may quote different prices.

2026-09-20Illustration: Tradingbird
A stack of foreign banknotes and coins resting on a wooden desk surface
Markets · Forex

Dollar Weakens to 79.3 Lek as Foreign Currencies Decline

The US dollar falls to a buy rate of 79.3 lek on September 19, 2026. The euro and British pound also record lower exchange values against the Albanian lek.

2026-09-20Illustration: Tradingbird
A stack of paper banknotes and a small pile of metal coins on a wooden counter
Markets · Forex

Dollar to Reach 45.10 Hryvnias at Weekend Exchange Offices

The dollar may hit 45.10 UAH in exchange offices on September 19-20. The National Bank is selling over $1 billion weekly to stabilize the market.

2026-09-20Illustration: Tradingbird

More from the Markets desk

All desk stories