Currency & Exchange Rate in Iraq

The official currency of Iraq is IQD; US dollar is also used in contracts and pricing — and in EtimadCo each project can be priced in its own currency at its own exchange rate.

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Official currency

Currency
IQD (IQD)

Minor units
0

Fiscal year starts
01/01

Alternative currencies

US dollar (USD)
Reference rate: 1 USD = 1,520 IQD · official rate

Source: kurdistan24.net · cbi.iq · kurdistan24.net · 2026-10-25

Sources: kurdistan24.net · cbi.iq · kurdistan24.net

FAQ

What is the official currency of Iraq?

IQD.

More about Iraq

Registering a Contracting Company in Iraq Tax for Contractors in Iraq Government Tenders in Iraq Contractor Classification in Iraq Required Documents in Iraq Payroll & Social Insurance in Iraq

Currency & Exchange Rate across the Arab world

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