The exchange rate between the US dollar and the Iraqi Dinar (IQD) decreased on Monday afternoon, June 29, 2026, across major Iraqi cities. Selling rates for the dollar dropped to 155,000 IQD in Baghdad, Erbil, and Basra. This marks a strengthening of the Iraqi currency against the dollar in the parallel market. The shift occurred during afternoon trading, indicating a sudden change in market dynamics. Details regarding the cause of the fluctuation were not immediately available. This development impacts both the Iraqi economy and citizens holding US dollars or conducting transactions involving the two currencies. Further monitoring is expected to assess the sustainability of this trend.