Why

Companies in Iraq invoice in dinars and dollars, and the rate that matters is the market rate in Baghdad, not a generic forex feed. This module writes the rate into Odoo once a day, so invoices, payments and reports use the same figure your accountant would read off the market that day.

What it does

• Daily update by a scheduled action, plus an Update now button.
• Choose the rate: the Baghdad parallel market (buy, sell or the middle of the two) or the Central Bank of Iraq official rate.
• Both directions: companies in IQD get the USD rate; companies in USD that hold IQD get the IQD rate.
• Safe on bad days: if the market rate is out of date, the last rate is kept and the reason is shown in Settings.
• Business key for companies: using the rate in a company needs an IQWealth Business key from iraqsm.com/developers (a commercial licence, 15,000 IQD a month). Personal and evaluation use works without a key.

Setup

1. Install the module (it depends on Accounting).
2. Accounting → Configuration → Settings → Iraq Dollar Rate (IQWealth).
3. Pick the rate type, paste your Business key, and press Update now.

About the data

Rates come from IQWealth (iraqsm.com), which records the Baghdad market rate several times a day and the Central Bank of Iraq's published rate. Figures are daily readings, not live quotes. Details: iraqsm.com/en/odoo. Questions: iraqsm.com/contact.

Odoo 18 · Community and Enterprise · Odoo.sh or on-premise (Odoo Online does not allow custom modules).