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Iraq - Iraqi dinar - Currency Guide

 

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

     

USD/IQD Trend (90-day)

USDIQD at 1463 is near its 90-day average, range 1454-1466.
|
90-DAYHIGH (5d)
 
Recent USD to IQD Trend + Alerts

The above interactive chart shows the USD/IQD Exchange Rate, Trends and Alerts - UP DOWN HIGH LOW

   

IQD News, Forecasts and Trends

US dollar to Iraqi dinar - Historical Rates

USD/IQDChangePeriod
1462.50
30 Apr 2021
no change1 Week
1459.68
07 Apr 2021
0.2% ▲30 Days
1462.50
06 Feb 2021
no change90 Days
1190.00
07 May 2020
22.9% ▲1 Year
1106.99
08 May 2016
32.1% ▲5 Years
1168.29
10 May 2011
25.2% ▲10 Years

USD/IQD 10 year historic rates & change to 07-May-2021 : 1462.50

 

$10,000 USD
=
ع.د14,480,079 IQD

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

US dollar to Iraqi dinar - Quick Convert

USD IQD
$ 1 ع.د 1,448
$ 5 ع.د 7,240
$ 10 ع.د 14,480
$ 20 ع.د 28,960
$ 50 ع.د 72,400
$ 100 ع.د 144,800
$ 250 ع.د 362,000
$ 500 ع.د 724,000
$ 1,000 ع.د 1,448,000
$ 2,000 ع.د 2,896,000
$ 5,000 ع.د 7,240,000
$ 10,000 ع.د 14,480,000
$ 50,000 ع.د 72,400,000
$ 100,000 ع.د 144,800,000
More amounts
USD IQD
$ 0.0007 ع.د 1
$ 0.0035 ع.د 5
$ 0.0069 ع.د 10
$ 0.0138 ع.د 20
$ 0.0346 ع.د 50
$ 0.0691 ع.د 100
$ 0.1728 ع.د 250
$ 0.3455 ع.د 500
$ 0.6910 ع.د 1,000
$ 1.3820 ع.د 2,000
$ 3.4550 ع.د 5,000
$ 6.9100 ع.د 10,000
$ 34.55 ع.د 50,000
$ 69.10 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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