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AUD to IQD - Compare Exchange Rates

Australian Dollar to Iraqi Dinar - Convert Compare Save

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

AUD to IQD interbank exchange rate = 845.5608

Right now the AUD/IQD interbank exchange rate is 845.5608. It’s also called the mid-market rate or just the mid-rate and is the rate that banks use when trading large amounts of foreign currencies with one another.

It's the reference rate we use to calculate how much you are being charged to convert Iraqi Dinar to Australian Dollar.

This AUD/IQD Converter calculates equivalent Australian Dollar to Iraqi Dinar amounts at the market mid-rate. You can also enter your own rates to find out the percentage difference to the latest market rates you are being charged.

AUD / IQD converter & margin calculator


$AUD
ع.دIQD
Mid-rates:
 
Sending AUD->IQD we recommend:

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1 Week AUD to IQD
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Australian Dollar

Iraqi Dinar

1 AUD 845.56 IQD
5 AUD 4,227.80 IQD
10 AUD 8,455.61 IQD
20 AUD 16,911.22 IQD
50 AUD 42,278.04 IQD
100 AUD 84,556.08 IQD
250 AUD 211,390.20 IQD
500 AUD 422,780.40 IQD
1,000 AUD 845,560.80 IQD
2,000 AUD 1,691,121.60 IQD
5,000 AUD 4,227,804.00 IQD
10,000 AUD 8,455,608.00 IQD
50,000 AUD 42,278,040.00 IQD
100,000 AUD 84,556,080.00 IQD
See more

Australian Dollar

Iraqi Dinar

0.0012 AUD 1 IQD
0.0059 AUD 5 IQD
0.0118 AUD 10 IQD
0.0237 AUD 20 IQD
0.0592 AUD 50 IQD
0.1183 AUD 100 IQD
0.2958 AUD 250 IQD
0.5915 AUD 500 IQD
1.1830 AUD 1,000 IQD
2.3660 AUD 2,000 IQD
5.9150 AUD 5,000 IQD
11.83 AUD 10,000 IQD
59.15 AUD 50,000 IQD
118.30 AUD 100,000 IQD
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Australian Dollar to Iraqi Dinar (AUD-IQD) - 10 Year History

The below table shows the historic variation in the AUD/IQD exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of AUD versus other currencies : AUD historical charts.

DateExchange RatePeriodChange
21 Mar 2019845.7389Latest
14 Mar 2019841.06781 Week+0.56%
19 Feb 2019853.61421 Month-0.92%
22 Sep 2018869.98566 Months-2.79%
21 Mar 2018924.10711 Year-8.48%
21 Mar 2017903.25532 Years-6.37%
22 Mar 20141057.31355 Years-20.01%
23 Mar 2009809.463110 Years+4.48%

Why can't I just get the AUD/IQD market rate I see on Google or in the Media?

The AUD/IQD mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the AUD / IQD was traded (bought or sold) in the international markets.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

The closer your final exchange rate is to the market AUD/IQD midrate the better deal you are getting.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

The three things you need in order to get a good AUD to IQD exchange rate

  1. Know the latest AUD/IQD market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
  2. Compare your Bank's transaction costs to several licensed FX providers, remember to compare the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News and Forecasts for both the and currencies, if available.

Currency news and forecasts for Australian Dollar and Iraqi Dinar

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.

So it follows that if you are determining the best time to transact, in this case the AUD vs IQD, you should pay attention to both Australian Dollar and Iraqi Dinar news and forecasts.

Australian Dollar (AUD) - Market news and forecasts

Following a flash crash in early January, which saw the Australian dollar briefly trade at a 10-year low of $0.674, the Aussie recovered to $0.73, but then, as it had done before the flash crash, it commenced with a slow and steady decline, and it was back at $0.705 in mid-March and was predicted to fall further.

In February, HSBC predicted a year-end AUD/USD rate of $0.66. In March, Westpac and JP Morgan were slightly more upbeat and argued for $0.68.

Fuelling lower exchange rate forecasts is the Australian economic story, for which major themes include a housing market slump, Chinese growth and the US-China trade spat. The RBA slashed growth forecasts in February and markets are now pricing in 1-2 interest rate cuts this year.

Another Aussie exchange rate worth mentioning is AUD/GBP, which sank in mid-March to its lowest level in nearly 3 years, at just £0.53. The Australian dollar has been unable to compete with the pound of late, since the latter benefits every time the British government fails to make a decision on how to deliver Brexit (every time Brexit appears less likely or to be delayed).

Iraqi Dinar (IQD) - Market news and forecasts

No recent Iraqi Dinar market updates.