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Iraq Shopping & Iraq Exchange Rate

 
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    The long-established town markets sell copperware, silver, spices, carpets and brightly colored rugs. In Baghdad the copper market is a center of noisy activity with coppersmiths beating their pots into shape.

    Shopping hours
    Sat-Thurs 0830-1300 and 1700-1900; although these can vary.

    Currency Information:

    Currency
    Iraqi Dinar (IQD; symbol ID) = 20 dirhams = 1,000 fils. Notes are in denominations of ID25,000, 10,000, 5,000, 1,000, 500, 250 and 50. Coins are in denominations of ID100 and 25.

    Note: This information is subject to frequent change in the current conditions.

    Currency Exchange
    Foreign currency can be used at special duty-free shops in Baghdad up to a value of US$200. To obtain this concession, goods must be purchased within 20 days of arrival and passports must be produced.

    Credit/Debit Cards and ATMs
    No ATM machines exist.

    Note: The banking and financial infrastructure has been disrupted and is in the process of rebuilding. Hotels usually require payment in foreign currency.

    Traveller's Cheques
    These are not generally accepted.

    Banking Hours
    Sat-Wed 0800-1230, Thurs 0800-1100. Banks close at 1000 during Ramadan.

    Exchange Rate Indicators
    DateApr 07
    £1.00=ID2,509.26
    $1.00=ID1,271.35
    €1.00=ID1,698.76

    Note: The value of the Iraqi dinar continues to fluctuate widely.


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