The official currency of Iraq is the Iraqi Dinar (IQD). US Dollars are widely accepted in major cities and tourist areas, especially in Kurdistan Region. It's recommended to carry both Iraqi Dinars and US Dollars. Exchange rates: 1 USD ≈ 1,300-1,450 IQD (rates vary). You can exchange money at airports, banks, and authorized exchange offices. ATMs are available in major cities but may not always work with foreign cards.