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Compare today's IQD to XOF (Iraqi Dinar to CFA Franc BCEAO) exchange rates

Iraq
Central African Republic
IQD

Interbank Exchange Rate: 1 IQD = 0.4241 XOF
Updated about an hour ago

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All you need to know about Iraqi Dinar to CFA Franc BCEAO money transfers

Easily compare money transfer providers in one place to send money from Iraq to Central African Republic. Send money overseas to your loved ones by comparing Iraqi Dinar (IQD) to CFA Franc BCEAO (XOF) 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 XOF Conversion Rates

Here are some latest IQD to XOF (Iraqi Dinar to CFA Franc BCEAO) exchange rates for popular conversion amounts*.

1 IQD0.42 XOF
5 IQD2.12 XOF
10 IQD4.24 XOF
25 IQD10.60 XOF
50 IQD21.21 XOF
100 IQD42.41 XOF
150 IQD63.61 XOF
200 IQD84.82 XOF
250 IQD106.02 XOF
300 IQD127.23 XOF
400 IQD169.64 XOF
500 IQD212.05 XOF
600 IQD254.46 XOF
700 IQD296.87 XOF
800 IQD339.28 XOF
1,000 IQD424.10 XOF
1,500 IQD636.15 XOF
2,000 IQD848.20 XOF
2,500 IQD1,060.25 XOF
3,000 IQD1,272.30 XOF
4,000 IQD1,696.40 XOF
5,000 IQD2,120.50 XOF
10,000 IQD4,241.00 XOF
15,000 IQD6,361.50 XOF
20,000 IQD8,482.00 XOF
30,000 IQD12,723.00 XOF
40,000 IQD16,964.00 XOF
50,000 IQD21,205.00 XOF
100,000 IQD42,410.00 XOF

*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 Central African Republic?

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Iraq to Central African Republic. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Iraqi Dinar to XOF.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send IQD to XOF in Central African Republic. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Central African Republic from Iraq. We provide you with maximum choices to send money to Central African Republic by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best exchange rate for sending money from Iraq to Central African Republic?

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 Central African Republic.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Iraq to Central African Republic 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 IQD to CFA Franc BCEAO 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 for transferring money to Central African Republic from Iraq?

When you want to send money to Central African Republic from Iraq, you obviously want the cheapest possible option to maximize the money your recipient gets in CFA Franc BCEAO. 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 XOF 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 Central African Republic. 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 Central African Republic 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 CFA Franc BCEAO overseas.


Should I use my bank to send money from Iraq to Central African Republic?

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low IQD to XOF exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Iraq to Central African Republic money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to Central African Republic from Iraq. They do this by letting you fund your transaction through your local bank account in Iraq, and by allowing you to choose the payout to be your recipient's bank account in Central African Republic. But, you are likely to get much better rates and lower fees compared to your bank.


How to send money to Central African Republic from Iraq fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Iraq to Central African Republic. 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 IQD to XOF 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 Iraqi Dinar amount reaching Central African Republic. 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 CFA Franc BCEAO quickly to Central African Republic, 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 send money to Central African Republic from Iraq?

Since the Iraqi Dinar to CFA Franc BCEAO 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 Iraq that may also be able to send money to Central African Republic. 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 IQD to XOF money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Central African Republic gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Iraq to Central African Republic transaction.


Step by step guide to do a money transfer from Iraq to Central African Republic

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Iraq to Central African Republic, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Iraq to Central African Republic that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

  • Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
  • Provide information about the receiver - name, address and a bank account in Central African Republic where they can receive monies in CFA Franc BCEAO.
  • Then, provide details of your Iraq bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
  • Finally, select the amount you want to transfer, and click Send.
  • The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your IQD travel to another part of the globe.