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Compare today's IQD to BHD (Iraqi Dinar to Bahraini Dinar) exchange rates

Iraq
Bahrain
IQD

Interbank Exchange Rate: 1 IQD = 0.0003 BHD
Updated about an hour ago

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All you need to know about Iraqi Dinar to Bahraini Dinar money transfers

Easily compare money transfer providers in one place to send money from Iraq to Bahrain. Send money overseas to your loved ones by comparing Iraqi Dinar (IQD) to Bahraini Dinar (BHD) 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 Iraq.

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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 IQD to BHD Conversion Rates

Here are some latest IQD to BHD (Iraqi Dinar to Bahraini Dinar) exchange rates for popular conversion amounts*.

1 IQD0.00 BHD
5 IQD0.00 BHD
10 IQD0.00 BHD
25 IQD0.01 BHD
50 IQD0.02 BHD
100 IQD0.03 BHD
150 IQD0.05 BHD
200 IQD0.06 BHD
250 IQD0.08 BHD
300 IQD0.09 BHD
400 IQD0.12 BHD
500 IQD0.15 BHD
600 IQD0.18 BHD
700 IQD0.21 BHD
800 IQD0.24 BHD
1,000 IQD0.30 BHD
1,500 IQD0.45 BHD
2,000 IQD0.60 BHD
2,500 IQD0.75 BHD
3,000 IQD0.90 BHD
4,000 IQD1.20 BHD
5,000 IQD1.50 BHD
10,000 IQD3.00 BHD
15,000 IQD4.50 BHD
20,000 IQD6.00 BHD
30,000 IQD9.00 BHD
40,000 IQD12.00 BHD
50,000 IQD15.00 BHD
100,000 IQD30.00 BHD

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


What's the best way to transfer money from Iraq to Bahrain?

With the global remittance market booming, there are so many choices for Iraqi Dinar to BHD money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Bahrain from Iraq. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final BHD amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.


How to get the best remit rate for transferring money from Iraq to Bahrain?

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your IQD to Bahraini Dinar money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Iraq to Bahrain. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for IQD to BHD remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


What's the cheapest way for transferring money to Bahrain from Iraq?

When you want to send money to Bahrain from Iraq, you obviously want the cheapest possible option to maximize the money your recipient gets in Bahraini 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 IQD to BHD 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 Iraq to Bahrain. 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 Iraq to Bahrain 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 Bahraini Dinar overseas.


Should I use my bank to send money from Iraq to Bahrain?

Bank transfers have been a traditionally popular way to send money overseas from Iraq to Bahrain. 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 IQD to BHD 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 Iraq bank for your Bahrain 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.


What is the fastest way to transfer money from Iraq to Bahrain?

If you need to convert IQD to BHD as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Iraq to Bahrain could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Iraqi Dinar to Bahraini Dinar funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Bahrain.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Iraq to Bahrain. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


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

Comparing money transfer companies for sending money to Bahrain from Iraq can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Bahrain. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Iraqi Dinar to Bahraini Dinar transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Bahraini Dinar yield on every Iraqi Dinar that you send.


Step by step guide to transfer money to Bahrain from Iraq

With so many possible ways to transfer Iraqi Dinar to Bahraini Dinar, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Iraq to Bahrain remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Iraq and the receiver in Bahrain. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your IQD to Bahraini Dinar money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.