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Compare today's IQD to CNY (Iraqi Dinar to Chinese Yuan) exchange rates

Iraq
China
IQD

Interbank Exchange Rate: 1 IQD = 0.0054 CNY
Updated about an hour ago

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All you need to know about Iraqi Dinar to Chinese Yuan money transfers

Easily compare money transfer providers in one place to send money from Iraq to China. Send money overseas to your loved ones by comparing Iraqi Dinar (IQD) to Chinese Yuan (CNY) 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 CNY Conversion Rates

Here are some latest IQD to CNY (Iraqi Dinar to Chinese Yuan) exchange rates for popular conversion amounts*.

1 IQD0.01 CNY
5 IQD0.03 CNY
10 IQD0.05 CNY
25 IQD0.14 CNY
50 IQD0.27 CNY
100 IQD0.54 CNY
150 IQD0.81 CNY
200 IQD1.08 CNY
250 IQD1.35 CNY
300 IQD1.62 CNY
400 IQD2.16 CNY
500 IQD2.70 CNY
600 IQD3.24 CNY
700 IQD3.78 CNY
800 IQD4.32 CNY
1,000 IQD5.40 CNY
1,500 IQD8.10 CNY
2,000 IQD10.80 CNY
2,500 IQD13.50 CNY
3,000 IQD16.20 CNY
4,000 IQD21.60 CNY
5,000 IQD27.00 CNY
10,000 IQD54.00 CNY
15,000 IQD81.00 CNY
20,000 IQD108.00 CNY
30,000 IQD162.00 CNY
40,000 IQD216.00 CNY
50,000 IQD270.00 CNY
100,000 IQD540.00 CNY

*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 to China from Iraq?

There are many good choices when it comes to sending money from Iraq to China. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Iraqi Dinar to CNY money transfers.

We compare different remittance companies to bring you the best options to send money to China from Iraq. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Iraqi Dinar to Chinese Yuan money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best rate to transfer money to China from Iraq?

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Iraq to China transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your IQD to Chinese Yuan international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Iraqi Dinar to Chinese Yuan exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


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

Finding the cheapest way to send money from Iraq to China might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer IQD to CNY via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Iraq to China exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.


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

We do not recommend using your local bank in Iraq for your next IQD to CNY overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Iraq to China (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending CNY to China. These companies will let you use your local bank account in Iraq to pay for your China money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


How to send money from Iraq to China fast?

It could be a stressful experience if you need to rush money quickly from Iraq to China. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert IQD to CNY. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Chinese Yuan. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Iraq to China money transfers.


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

Since the Iraqi Dinar to Chinese Yuan 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 China. 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 CNY money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in China 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 China transaction.


Step by step guide to send money to China from Iraq

Follow the below easy steps to send money to China 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 China).
  • 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.

The provider will then work on your IQD to CNY remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your 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.