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

Iraq
Republic of Congo
IQD

Interbank Exchange Rate: 1 IQD = 0.4245 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 Republic of Congo. 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 IQD4.25 XOF
25 IQD10.61 XOF
50 IQD21.22 XOF
100 IQD42.45 XOF
150 IQD63.68 XOF
200 IQD84.90 XOF
250 IQD106.13 XOF
300 IQD127.35 XOF
400 IQD169.80 XOF
500 IQD212.25 XOF
600 IQD254.70 XOF
700 IQD297.15 XOF
800 IQD339.60 XOF
1,000 IQD424.50 XOF
1,500 IQD636.75 XOF
2,000 IQD849.00 XOF
2,500 IQD1,061.25 XOF
3,000 IQD1,273.50 XOF
4,000 IQD1,698.00 XOF
5,000 IQD2,122.50 XOF
10,000 IQD4,245.00 XOF
15,000 IQD6,367.50 XOF
20,000 IQD8,490.00 XOF
30,000 IQD12,735.00 XOF
40,000 IQD16,980.00 XOF
50,000 IQD21,225.00 XOF
100,000 IQD42,450.00 XOF

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


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

With the global remittance market booming, there are so many choices for Iraqi Dinar to XOF 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 Congo 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 XOF 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 rate to transfer money to Congo from Iraq?

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 Congo 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 transfer money from Iraq to Congo?

While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Iraq to Congo via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.

A sure way to find the most cost effective way for Iraqi Dinar to CFA Franc BCEAO remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.

Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Iraq to Congo exchange rate.

Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for IQD to XOF remittances.


Should I use my bank to transfer money from Iraq to Congo?

Bank transfers have been a traditionally popular way to send money overseas from Iraq to Congo. 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 XOF 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 Congo 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 Iraq to Congo fast?

It could be a stressful experience if you need to rush money quickly from Iraq to Congo. 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 XOF. 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 CFA Franc BCEAO. 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 Congo money transfers.


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

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Iraq to Congo, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best Iraqi Dinar to CFA Franc BCEAO exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your XOF money transfers to Congo. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Congo getting more money for every Iraqi Dinar you send.


Step by step guide to do a money transfer from Iraq to Congo

The first step to send money to Congo from Iraq is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your IQD to XOF overseas funds transfer.

  • Click through to the provider's site and register an account.
  • Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
  • Add recipient information including their bank account in Congo if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Iraq bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Congo!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Iraq to Congo.