Today's USD to IQD Price Update

Summary

This report provides the real-time exchange rate between the U.S. Dollar (USD) and the Iraqi Dinar (IQD), helping traders and investors quickly grasp market dynamics and identify potential trading opportunities in this currency pair.

Definition

The U.S. Dollar (USD) is one of the world’s most dominant fiat currencies and serves as the global reserve currency, while the Iraqi Dinar (IQD) is the official currency of Iraq. The exchange rate between them reflects market sentiment toward the Iraqi economy, geopolitical developments, and relative monetary policy positions between the United States and Iraq.

Today’s Price

• 1 USD = 1,309.52 IQD (as of 2025-12-27 23:00:10)
• 24h High: 1,310.44 IQD
• 24h Low: 1,310.08 IQD

Market Analysis

The USD/IQD exchange rate continues to fluctuate within a relatively narrow range, reflecting the stability of Iraq’s currency peg to the U.S. Dollar. The minimal daily volatility between the 24-hour high and low indicates a stable trading environment for this currency pair.

• Technical levels: Monitor support around 1,310.08 IQD and resistance near 1,310.44 IQD
• Risk note: Geopolitical developments in the Middle East and shifts in global oil prices could impact the IQD’s stability
• Trading opportunities: Watch for potential range-bound trading strategies within the established support and resistance zones

Conclusion

Continue to monitor the USD/IQD pair closely, as this currency pair remains relatively stable due to Iraq’s currency peg framework. Traders should remain alert to macroeconomic developments and regional geopolitical factors that could influence future price movements.