Blog
Iraqi dinar news and rate analysis
Industry
Sending money to Iraq: what a transfer really costs, and how to keep more of it
The advertised fee is the smaller half of a remittance’s cost. The larger half is the rate. A worked comparison of cash, hawala, money-transfer services, bank wires and…
1 September
Analysis
The official rate of 1,310 and the Central Bank’s dollar window: how it works, and why the street pays more
Three official rates in twenty years, one window that sells dollars to banks, and a gap to the street that has ranged from two to seventeen percent. What…
1 September
Company insight
How to read the rate on this page
The big number, the two lines under it, and the small grey timestamp that matters more than either.
24 August
Analysis
The official rate and the market rate are not the same number
Why Iraq has two dollar prices at once, and which one applies to you.
20 August
Analysis
Gold on this site: the ounce and the mithqal
Why the same gold has two prices here, and which unit a jeweller in Baghdad is quoting.
16 August