ARTICLE AD BOX
IRAQI DINAR RV REPORT UPDATE
As of June 2025, HSBC is reportedly exchanging Iraqi Dinar (IQD) at select branches across the UK, US, and Asia.
Several sources indicate that HSBC has implemented structured foreign exchange procedures for both the Iraqi Dinar and Vietnamese Dong,
TIMING OF THE IQD RV
The timing of an Iraqi Dinar (IQD) revaluation is uncertain. As of June 2025, the exchange rate remains stable at around 1,310 IQD per USD.
The Iraqi government has aimed to strengthen th
e dinar, with a 2023 adjustment to 1,300 IQD per USD, but market rates are higher, around 1,630.
Economic challenges like oil dependency and corruption hinder progress. Speculation tying revaluation to recent Israeli airstrikes on Iran lacks evidence.
No official announcements indicate an imminent revaluation. Monitor the Central Bank of Iraq for updates, but significant change seems unlikely without major reforms
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