The exchange rate of the Iraqi Dinar has strengthen in recent times compared to the Saudi Rial by no less than 11%. This development is a reflection of the strengthening of the Iraqi currency compared to the US Dollar, following the completion of the election process in Iraq.
Hence, reported <i>Al Tahaddi</i> newspaper, the optimistic expectations concerning the future of Iraq, in light of the elections' results, have changed the exchange rate of the two currencies from 1 million Iraqi Dinars to 3,000 Saudi Rial, to 1 million Iraqi Dinar against 2,700 Rial.
