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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.
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.
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
| Date | Jul 08 |
| £1.00= | ID2,369.00 |
| $1.00= | ID1,193.50 |
| €1.00= | ID1,895.03 |
Note: The value of the Iraqi dinar continues to fluctuate widely.