The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
Compare Exchange Rates & Fees - Save Time & Money
Sending money to Iraq can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Iraq bank accounts or pay a Iraqi dinar invoice.
INR to IQD Market Data
Indian rupee (INR) to Iraqi dinar (IQD) market data - latest interbank exchange rate, trend, chart & historic rates.
Sell INR →
Buy IQD
1 INR = 15.27 IQD
▲+0.4% since yesterday
INR to IQD at 15.32 is near its 3-month average, having traded in a very stable 3.3% range from 15.10 to 15.60
Is the INR to IQD Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Indian rupee against the Iraqi dinar is to review how the INR/IQD rate has changed over time.
The table below shows the percentage change in the INR to IQD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
INR/IQD
Period
21 Jun 2025
15.14
2 Week
06 Apr 2025
15.31
3 Month
05 Jul 2024
15.67
1 Year
06 Jul 2020
15.98
5 Year
08 Jul 2015
18.62
10 Year
10 Jul 2005
33.68
20 Year
INR/IQD historic rates
INR to IQD Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Indian rupee are worth in Iraqi dinar across a range of amounts.
This gives a quick view of what you’d get when converting different INR amounts at today’s rate * :
What is the
best Send Money conversion rate for INR to IQD?
The best INR to IQD exchange rate is 15.09 from Wise. This is -1.2% compared to the mid-market rate 15.27.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Indian rupee (INR) to Iraqi dinar (IQD) rates from different sources before making a conversion.
The above
Rupee to Dinar comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest INR-IQD mid-rate and the possible savings of using various providers.
How do INR-IQD rates compare between providers?
Looking at the full
INR to IQD - Send Money comparison table the provider with the best INR to IQD exchange rate is Wise at 15.09, -1.2% from the latest mid-market rate 15.27.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.