Iraq changes official dollar rate: 1,520 dinars for public cash sales, effective 7 October

News summary

Iraq has adopted new official USD rates effective 7 October 2026: 1,500 IQD for purchases from the Ministry of Finance, 1,510 for sales to banks and 1,520 for public cash sales. The previous public rate was 1,320. Calculated against that rate, the dinar loses 13.16% of its dollar value while the dinar cost of one dollar rises 15.15%. Impact 100/100 is an editorial assessment of national significance, not a probability or a change to the STRESS Index.