Compare today's IQD to XOF (Iraqi Dinar to CFA Franc BCEAO) exchange rates
Interbank Exchange Rate: 1 IQD = 0.4242 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 Chad. 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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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 IQD | 0.42 XOF |
| 5 IQD | 2.12 XOF |
| 10 IQD | 4.24 XOF |
| 25 IQD | 10.61 XOF |
| 50 IQD | 21.21 XOF |
| 100 IQD | 42.42 XOF |
| 150 IQD | 63.63 XOF |
| 200 IQD | 84.84 XOF |
| 250 IQD | 106.05 XOF |
| 300 IQD | 127.26 XOF |
| 400 IQD | 169.68 XOF |
| 500 IQD | 212.10 XOF |
| 600 IQD | 254.52 XOF |
| 700 IQD | 296.94 XOF |
| 800 IQD | 339.36 XOF |
| 1,000 IQD | 424.20 XOF |
| 1,500 IQD | 636.30 XOF |
| 2,000 IQD | 848.40 XOF |
| 2,500 IQD | 1,060.50 XOF |
| 3,000 IQD | 1,272.60 XOF |
| 4,000 IQD | 1,696.80 XOF |
| 5,000 IQD | 2,121.00 XOF |
| 10,000 IQD | 4,242.00 XOF |
| 15,000 IQD | 6,363.00 XOF |
| 20,000 IQD | 8,484.00 XOF |
| 30,000 IQD | 12,726.00 XOF |
| 40,000 IQD | 16,968.00 XOF |
| 50,000 IQD | 21,210.00 XOF |
| 100,000 IQD | 42,420.00 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 Chad?
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 Chad. 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 Chad. 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 Chad from Iraq. We provide you with maximum choices to send money to Chad by comparing competing money transfer companies thereby making you the winner in the end.
How to get the best exchange rate for your money transfers from Iraq to Chad?
Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Chad from Iraq.At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your IQD to CFA Franc BCEAO remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.
You can also register for our daily rate alert to stay aware of the latest exchange rates for IQD to XOF remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.
What's the cheapest way to send money to Chad from Iraq?
When you want to send money to Chad 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 Chad. 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 Chad 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 Chad?
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 Chad 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 Chad 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 Chad. But, you are likely to get much better rates and lower fees compared to your bank.
How to send money to Chad 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 Chad. 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 Chad. 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 Chad, 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 Chad from Iraq?
Iraq to Chad money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Chad as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.
Once you have defined your parameters, selecting the best Iraqi Dinar to CFA Franc BCEAO money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.
Step by step guide to send money to Chad from Iraq
Follow the below easy steps to send money to Chad from Iraq.- If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
- You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
- Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Iraq bank account to fund your transaction.
- Add your recipient - provide details about who will receive the funds (can also be your own account in Chad).
- Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
- Add the transfer amount and start the transaction.
Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.