Destination Guides
Iraq

 
oney
 
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.

 
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.

 
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 Apr 07
£1.00= ID2,509.26
$1.00= ID1,271.35
Eur;1.00= ID1,698.76

Note: The value of the Iraqi dinar continues to fluctuate widely.

 
 
uty Free
 
Overview

The following goods may be imported into Iraq without incurring customs duty:

• 200 cigarettes or 50 cigars or 250g tobacco.
• Wine or spirits with a total volume of not more than 1l.
• 500ml of perfume (two small opened bottles).
• Gifts to the value of US$28.

(a) The total value of the above goods may not exceed ID100. (b) Travellers who have not left the country within 120 days must report to customs.

 
Prohibited Imports

Electrical appliances other than personal effects, souvenirs in quantities considered to have commercial value, many types of fruits and plants.