Official exchange rate, LCU per USD, period average in Iraq

Iraq: Official exchange rate, LCU per USD, period average was 1,300 in 2026. ▼ Falling

Latest (2026)
1,300
Change on year
unchanged
World rank
31st
of 195 countries
All-time high
2,026
in 2003
All-time low
1,166
in 2013
Years of data
40
1987–2026

Official exchange rate, LCU per USD, period average in Iraq, 1987–2026

05001.0k1.5k2.0k1987200620261987: 2.0k1988: 2.0k1989: 2.0k1990: 2.0k1991: 2.0k1992: 2.0k1993: 2.0k1994: 2.0k1995: 2.0k1996: 2.0k1997: 2.0k1998: 2.0k1999: 2.0k2000: 2.0k2001: 2.0k2002: 2.0k2003: 2.0k2004: 1.5k2005: 1.5k2006: 1.5k2007: 1.3k2008: 1.2k2009: 1.2k2010: 1.2k2011: 1.2k2012: 1.2k2013: 1.2k2014: 1.2k2015: 1.2k2016: 1.2k2017: 1.2k2018: 1.2k2019: 1.2k2020: 1.2k2021: 1.4k2022: 1.4k2023: 1.3k2024: 1.3k2025: 1.3k2026: 1.3k

Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.

Analysis

Iraq recorded 1,300 for official exchange rate, lcu per usd, period average in 2026.

Compared with earlier readings it is up 10.0% over ten years.

Over the whole period, official exchange rate, lcu per usd, period average in Iraq peaked at 2,026 in 2003 and was at its lowest, 1,166, in 2013.

Iraq ranks 31st of 195 countries on this measure, in the top quarter.

The long-run direction has been consistently falling across the 40 years of available data.

Official exchange rate, LCU per USD, period average in Iraq, year by year

Annual values for Official exchange rate, LCU per USD, period average in Iraq, 1987 to 2026.
Year Value Change
1987 2,002
1988 2,002 +0.0%
1989 2,002 +0.0%
1990 2,002 +0.0%
1991 2,002 +0.0%
1992 2,002 +0.0%
1993 2,002 +0.0%
1994 2,002 +0.0%
1995 2,002 +0.0%
1996 2,002 +0.0%
1997 2,002 +0.0%
1998 2,002 +0.0%
1999 2,002 +0.0%
2000 2,002 +0.0%
2001 2,002 +0.0%
2002 2,002 -0.0%
2003 2,026 +1.2%
2004 1,453 -28.3%
2005 1,472 +1.3%
2006 1,467 -0.3%
2007 1,255 -14.5%
2008 1,193 -4.9%
2009 1,170 -1.9%
2010 1,170 +0.0%
2011 1,170 +0.0%
2012 1,166 -0.3%
2013 1,166 -0.0%
2014 1,166 +0.0%
2015 1,167 +0.1%
2016 1,182 +1.3%
2017 1,184 +0.2%
2018 1,183 -0.1%
2019 1,182 -0.1%
2020 1,192 +0.8%
2021 1,450 +21.6%
2022 1,450 +0.0%
2023 1,312 -9.5%
2024 1,300 -1.0%
2025 1,300 +0.0%
2026 1,300 +0.0%

Iraq compared with similar countries

  • Iraq's 1,300 is above the median for upper middle income countries, which is 28.19, 46.1× the median. (54 countries reporting)
  • Iraq's 1,300 is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 7.74, 167.9× the median. (22 countries reporting)

Biggest year-on-year movements

Years where Official exchange rate, LCU per USD, period average in Iraq changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2004 -28.3% 2,026 1,453

Averages by decade

DecadeAverage LowestHighest Years
1980s 2,002 2,002 2,002 3
1990s 2,002 2,002 2,002 10
2000s 1,604 1,170 2,026 10
2010s 1,174 1,166 1,184 10
2020s 1,329 1,192 1,450 7

Countries ranked near Iraq

  1. 28 Rwanda 1,459 compare
  2. 29 Argentina 1,433 compare
  3. 30 Nigeria 1,373 compare
  4. 32 Angola 927.95 compare
  5. 33 Chile 900.67 compare
  6. 34 Sudan 644.28 compare

See the full ranking of 195 places →

More reference data data for Iraq

All data for Iraq →

Frequently asked questions

What is official exchange rate, lcu per usd, period average in Iraq?
Official exchange rate, lcu per usd, period average in Iraq was 1,300 in 2026, according to World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
What is the highest official exchange rate, lcu per usd, period average recorded in Iraq?
The highest recorded value was 2,026 in 2003.
What is the lowest official exchange rate, lcu per usd, period average recorded in Iraq?
The lowest recorded value was 1,166 in 2013.
How does Iraq rank for official exchange rate, lcu per usd, period average?
Iraq ranks 31st out of 195 countries with data for 2026.
Is official exchange rate, lcu per usd, period average rising or falling in Iraq?
Over the last ten years it is up 10.0%. The long-run trend across the full record is falling.
Where does this Iraq data come from?
The figures come from World Bank staff calculations based on Datastream and IMF International Finance Statistics data, published as part of Official exchange rate, LCU per USD, period average. Statizoid updates them automatically from the source API.

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Official exchange rate, LCU per USD, period average in Iraq. Statizoid, drawing on World Bank staff calculations based on Datastream and IMF International Finance Statistics data. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/official-exchange-rate-lcu-per-usd-period-average/iraq/

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About this data

Indicator
Official exchange rate, LCU per USD, period average
Source
World Bank staff calculations based on Datastream and IMF International Finance Statistics data
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
195 places, 7,574 data points, 1987–2026
Last refreshed

Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar).