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    Iraq - Iraqi dinar - Currency Guide

     

    Foreign exchange guide to Iraq and the Iraqi dinar (IQD)

    What's in this Iraq currency guide?

    1. USD/IQD trend
    2. Forecasts
    3. Travel Iraq
    4. Spending IQD
    5. Send to Iraq
         

    USD/IQD Trend (90-day)

    USD to IQD at 1463 is just above its 90-day average, range 1457-1464.
    |
    60-DAYHIGH
     

    The below interactive chart displays the USD/IQD trend and UP DOWN HIGH LOW alerts

     
    USD to IQD Currency Trend Chart
       

    US dollar to Iraqi dinar - Historical Rates

    USD/IQD wasChangePeriod
    1459.56
    05 Oct 2021
    0% 2 Weeks
    1459.07
    21 Jul 2021
    0.1% 90 Days
    1192.27
    19 Oct 2020
    22.5% 1 Year
    1165.12
    20 Oct 2016
    25.3% 5 Years
    1169.79
    22 Oct 2011
    24.8% 10 Years
    3285.34
    24 Oct 2001
    55.6% 20 Years
    USD/IQD change over periods to 19-Oct-2021
     

    $10,000 USD
    =
    ع.د14,596,584 IQD

    Converted at USD/IQD interbank rate, compare Send Money and Currency Exchange exchange rates.

    USD to IQD - Quick Amounts

    Sell USD   →   Buy IQD
    USD IQD
    $ 1 ع.د 1,460
    $ 5 ع.د 7,299
    $ 10 ع.د 14,597
    $ 20 ع.د 29,194
    $ 50 ع.د 72,985
    $ 100 ع.د 145,970
    $ 250 ع.د 364,925
    $ 500 ع.د 729,850
    $ 1,000 ع.د 1,459,700
    $ 2,000 ع.د 2,919,400
    $ 5,000 ع.د 7,298,500
    $ 10,000 ع.د 14,597,000
    $ 20,000 ع.د 29,194,000
    $ 50,000 ع.د 72,985,000
    $ 100,000 ع.د 145,970,000
    USD IQD
    $ 0.0007 ع.د 1
    $ 0.0034 ع.د 5
    $ 0.0069 ع.د 10
    $ 0.0137 ع.د 20
    $ 0.0343 ع.د 50
    $ 0.0685 ع.د 100
    $ 0.1713 ع.د 250
    $ 0.3425 ع.د 500
    $ 0.6850 ع.د 1,000
    $ 1.3700 ع.د 2,000
    $ 3.4250 ع.د 5,000
    $ 6.8500 ع.د 10,000
    $ 13.70 ع.د 20,000
    $ 34.25 ع.د 50,000
    $ 68.50 ع.د 100,000

    More amounts

     

    Frequently Asked Questions

     

    What currency should I use in Iraq?

    The domestic currency in Iraq is the Iraqi dinar.

    What is the Iraqi dinar currency code and symbol?

    The three letter currency code for the Iraqi dinar is IQD — symbol is ع.د.

    Which countries use the Iraqi dinar?

    It is the domestic currency in    Iraq.

    Is the Iraqi dinar a closed currency?

    No, the Iraqi dinar is freely available and convertible. See guide: What is a closed currency?

     

    Travel, Currency and Money saving tips for Iraq

    Travel money for Iraq

    Save money and time by Ordering your Iraqi dinar online from Travelex, you get better rates and can pick up the IQD cash locally or even on travel day at the airport.

    Another popular option is to use a Pre-paid Travel Card. Your Debit/Credit Card provider will charge you 2% from market mid-rate, but your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash.

    For card purchases if offered a choice of currencies always select to Pay in Iraqi dinar otherwise you may get much worst exchange rates.

     

    Send Money to Iraq - Best Rates

    To get a good (and fair) exchange rate when sending money to Iraq you need to find and compare exchange rates for International Money Transfers (IMTs).

    The available FX rates for sending money abroad can be very different to the mid-market (wholesale) rate which you see reported online and in the News.

    You should especially compare your own bank's exchange rates to those available from Money Transfer specialists to see how much you can save - we make that calculation easy in the below table.


    Get a better deal for foreign transfers to Iraq

    When sending money to Iraq it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 4 simple steps :

    1. Open an account with a BER reviewed FX provider (id docs may be required)
    2. You specify the local or Iraqi dinar amount you want to transfer
    3. Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
    4. Once your funds are received by the provider the converted IQD amount will be transfered to the recipient account you specify in Iraq.

    Use the above Send to Iraqi dinar calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more Iraqi dinar deposited into the recipient bank account and less margins and fees kept by the banks!


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