For many years now the process for countries is to create the conditions for economic success, then change their monetary policy to allow their currency to float. Flotation allows a country’s currency to ascend or descend based on supply and demand as a result of that success. The success of Iraq’s exchange rate and currency then is a direct result of the economic success within Iraq. The potential is excellent providing Iraq continues to move forward and progress and create the conditions necessary for economic success and growth.