Exchange Rate in Iraq

Iraq Exchange Rate | Economic News & Forecasts

Iraq - Exchange Rate

The economy has likely performed fairly well so far this year. Oil output was up markedly in annual terms in Q1, despite OPEC-mandated production cuts, while oil exports in April netted the government around USD 7 billion—the highest monthly figure so far this year—thanks to the recent uptick in oil prices. In addition, economic agreements reached in recent months with Jordan and Russia are likely supporting business confidence. This comes after preliminary data from the statistical office showed that the economy unexpectedly contracted in 2018 on the back of a decline in the oil sector and stagnation in the non-oil sector. On the political front, Saudi Arabia pledged USD 1 billion in financial support in early April and reopened a consulate in Baghdad, which bodes well for future trade ties.

Iraq - Exchange Rate Data

2013  2014  2015  2016  2017  
Exchange Rate (vs USD)1,165  1,143  1,096  1,182  1,185  

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Iraq Exchange Rate Chart

Iraq Exchange Rate
Note: Iraqi dinar (IQD) per U.S. dollar
Source: Thomson Reuters.

Iraq Facts

Exchange Rate1,1930.0 %May 13

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