Iraq - Iraqi Dinar - Currency Guide


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


USD/IQD 90-day view

USDIQD at 1193.95 is near its 90-DAY average, range 1189.5-1194.43.
🔔 USDIQD is at 90-DAY HIGHS.
Alert:90-DAY HIGHS |
Recent USD to IQD 90-day trend

IQD News, Forecasts and Trends

The above interactive chart shows the USD to IQD exchange rate, trend and recent alerts for the last 90 days.

US Dollar to Iraqi Dinar - Historical Rates

USD/IQD rateChangePeriod
18 Nov 2020 : 1193.41030.1% ▼1 Week
26 Oct 2020 : 1192.82360.1% ▼30 Days
27 Aug 2020 : 1194.02550.2% ▼90 Days
26 Nov 2019 : 1190.00000.2% ▲1 Year
27 Nov 2015 : 1089.46009.4% ▲5 Years
28 Nov 2010 : 1166.19932.2% ▲10 Years

USD/IQD 10 year historic rates & change to 25-Nov-2020 : 1192.2125


U$10,000 USD
ع.د11,939,464 IQD

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

US Dollar to Iraqi Dinar - Quick Conversions

U$ 1 ع.د 1,194
U$ 5 ع.د 5,970
U$ 10 ع.د 11,939
U$ 20 ع.د 23,878
U$ 50 ع.د 59,695
U$ 100 ع.د 119,390
U$ 250 ع.د 298,475
U$ 500 ع.د 596,950
U$ 1,000 ع.د 1,193,900
U$ 2,000 ع.د 2,387,800
U$ 5,000 ع.د 5,969,500
U$ 10,000 ع.د 11,939,000
U$ 50,000 ع.د 59,695,000
U$ 100,000 ع.د 119,390,000
More amounts
U$ 0.0008 ع.د 1
U$ 0.0042 ع.د 5
U$ 0.0084 ع.د 10
U$ 0.0168 ع.د 20
U$ 0.0419 ع.د 50
U$ 0.0838 ع.د 100
U$ 0.2095 ع.د 250
U$ 0.4190 ع.د 500
U$ 0.8380 ع.د 1,000
U$ 1.6760 ع.د 2,000
U$ 4.1900 ع.د 5,000
U$ 8.3800 ع.د 10,000
U$ 41.90 ع.د 50,000
U$ 83.80 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

When searching around for information on how to get a good exchange rate when sending money to Iraq you need to start with finding out the latest Iraqi Dinar exchange rate for foreign transfers also called International Money Transfers (IMTs), which can be very different to the wholesale rate and also to currency exchange rates.

Then compare your bank's exchange rates to several licensed FX providers exchange rate and fees 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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