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Is the Iraqi dinar really the 2nd worst-performing Arab currency? My FX Buddies blog A new report citing data attributed to Bloomberg says the Iraqi dinar has fallen 14.2% against the U.S. dollar since the beginning of 2026, placing it behind the Libyan dinar among the Arab currencies cited. But there's an important distinction. A currency being one of the worst-performing currencies does NOT mean it has one of the lowest nominal values. And Iraq's currency situation has become especially important following the October 7 exchange-rate adjustment. The Central Bank of Iraq announced a new exchange-rate structure of: 💵 1,500 IQD per $1 — dollar purchases from the Ministry of Finance 💵 1,510 IQD per $1 — sales to banks 💵 1,520 IQD per $1 — cash sales to the public. البنك المركزي Reuters reported that the change represented roughly a 14.5% devaluation from the previous official rate, while noting that the move gives the government more dinars for each dollar of oil revenue but raises import costs and puts pressure on household purchasing power. Reuters Meanwhile, the CBI says its foreign reserves remain sufficient to meet legitimate foreign-exchange needs, including trade financing, international card settlements and traveler cash requirements. البنك المركزي So the bigger question isn't simply: “Is the dinar falling?” It's: Why is it falling, how long could the pressure last, and what happens if the gap between the official and parallel markets grows? In this video we'll look at: 🇮🇶 The 14.2% figure 💵 The new 1,520 exchange rate 🛢️ Iraq's dependence on oil revenues 🏦 The Central Bank and foreign reserves 📈 The parallel-market dollar 🛒 Import prices and purchasing power 💰 Government spending and the budget 🌎 Iraq's dependence on foreign currency 📊 What could determine the dinar's next move And most importantly: Is this an exceptional response to a difficult economic situation—or a sign that Iraq needs deeper financial and structural reforms? Thanks for Watching! Following Iraq’s Story — Don’t Give Up 💰🔥 https://tinyurl.com/godhastheanswers 📌 Disclaimer: This video is for news, commentary, and educational discussion. It is not financial or investment advice. The information presented reflects the source material and analysis available at the time of publication. #Iraq #iraqiDinar #iqdrv #IraqiDinar #Dinar