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Compare today's AMD to IQD (Armenian Dram to Iraqi Dinar) exchange rates

Armenia
Iraq
AMD

Interbank Exchange Rate: 1 AMD = 3.4614 IQD
Updated about an hour ago

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All you need to know about Armenian Dram to Iraqi Dinar money transfers

Easily compare money transfer providers in one place to send money from Armenia to Iraq. Send money overseas to your loved ones by comparing Armenian Dram (AMD) to Iraqi Dinar (IQD) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Armenia.

Were you looking to send money from Iraq to Armenia instead?

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.


Latest AMD to IQD Conversion Rates

Here are some latest AMD to IQD (Armenian Dram to Iraqi Dinar) exchange rates for popular conversion amounts*.

1 AMD3.46 IQD
5 AMD17.31 IQD
10 AMD34.61 IQD
25 AMD86.54 IQD
50 AMD173.07 IQD
100 AMD346.14 IQD
150 AMD519.21 IQD
200 AMD692.28 IQD
250 AMD865.35 IQD
300 AMD1,038.42 IQD
400 AMD1,384.56 IQD
500 AMD1,730.70 IQD
600 AMD2,076.84 IQD
700 AMD2,422.98 IQD
800 AMD2,769.12 IQD
1,000 AMD3,461.40 IQD
1,500 AMD5,192.10 IQD
2,000 AMD6,922.80 IQD
2,500 AMD8,653.50 IQD
3,000 AMD10,384.20 IQD
4,000 AMD13,845.60 IQD
5,000 AMD17,307.00 IQD
10,000 AMD34,614.00 IQD
15,000 AMD51,921.00 IQD
20,000 AMD69,228.00 IQD
30,000 AMD103,842.00 IQD
40,000 AMD138,456.00 IQD
50,000 AMD173,070.00 IQD
100,000 AMD346,140.00 IQD

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to send money from Armenia to Iraq?

Sending money internationally to Iraq from Armenia can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Armenian Dram to IQD remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Iraq. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Iraqi Dinar.


How to get the best exchange rate for your money transfers from Armenia to Iraq?

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Iraq.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Armenia to Iraq transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your AMD to Iraqi Dinar money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


What's the cheapest way to transfer money from Armenia to Iraq?

When you want to send money to Iraq from Armenia, you obviously want the cheapest possible option to maximize the money your recipient gets in Iraqi Dinar. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your AMD to IQD money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Armenia to Iraq. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Armenia to Iraq exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Iraqi Dinar overseas.


How to send money from Armenia to Iraq through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Armenia to Iraq. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the AMD to IQD exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Armenia bank for your Iraq money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


How to send money from Armenia to Iraq fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Armenia to Iraq. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert AMD to IQD fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Armenian Dram amount reaching Iraq. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush Iraqi Dinar quickly to Iraq, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


Which are the best money transfer companies to transfer money to Iraq from Armenia?

Since the Armenian Dram to Iraqi Dinar money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Armenia that may also be able to send money to Iraq. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your AMD to IQD money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Iraq gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Armenia to Iraq transaction.


Step by step guide to send money from Armenia to Iraq

There are many important aspects of Armenia to Iraq remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

  • Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
  • Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Armenia bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
  • Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include IQD bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
  • Step 4 - Provision recipient details including name and address.
  • Step 5 - Decide how much Armenian Dram amount you want to send from Armenia.
  • Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
  • Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Iraq to validate that they get the money once the transaction clears.