Compare today's IQD to EUR (Iraqi Dinar to Euro) exchange rates
Interbank Exchange Rate: 1 IQD = 0.0008 EUR
Updated about an hour ago
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All you need to know about Iraqi Dinar to Euro money transfers
Easily compare money transfer providers in one place to send money from Iraq to Germany. Send money overseas to your loved ones by comparing Iraqi Dinar (IQD) to Euro (EUR) 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.
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Latest IQD to EUR Conversion Rates
Here are some latest IQD to EUR (Iraqi Dinar to Euro) exchange rates for popular conversion amounts*.
| 1 IQD | 0.00 EUR |
| 5 IQD | 0.00 EUR |
| 10 IQD | 0.01 EUR |
| 25 IQD | 0.02 EUR |
| 50 IQD | 0.04 EUR |
| 100 IQD | 0.08 EUR |
| 150 IQD | 0.12 EUR |
| 200 IQD | 0.16 EUR |
| 250 IQD | 0.20 EUR |
| 300 IQD | 0.24 EUR |
| 400 IQD | 0.32 EUR |
| 500 IQD | 0.40 EUR |
| 600 IQD | 0.48 EUR |
| 700 IQD | 0.56 EUR |
| 800 IQD | 0.64 EUR |
| 1,000 IQD | 0.80 EUR |
| 1,500 IQD | 1.20 EUR |
| 2,000 IQD | 1.60 EUR |
| 2,500 IQD | 2.00 EUR |
| 3,000 IQD | 2.40 EUR |
| 4,000 IQD | 3.20 EUR |
| 5,000 IQD | 4.00 EUR |
| 10,000 IQD | 8.00 EUR |
| 15,000 IQD | 12.00 EUR |
| 20,000 IQD | 16.00 EUR |
| 30,000 IQD | 24.00 EUR |
| 40,000 IQD | 32.00 EUR |
| 50,000 IQD | 40.00 EUR |
| 100,000 IQD | 80.00 EUR |
*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 Germany?
With the global remittance market booming, there are so many choices for Iraqi Dinar to EUR 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 Germany 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 EUR 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 exchange rate for sending money from Iraq to Germany?
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 Euro 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 Germany. 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 EUR 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 Germany from Iraq?
Finding the cheapest way to send money from Iraq to Germany 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 EUR 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 Germany 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 Germany through a bank?
We do not recommend using your local bank in Iraq for your next IQD to EUR 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 Germany (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 EUR to Germany. These companies will let you use your local bank account in Iraq to pay for your Germany 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 to Germany from Iraq fast?
The speed of your Iraqi Dinar to Euro funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert IQD to EUR. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.
One possible approach that will help you send money fast to Germany from Iraq is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Germany if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.
One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout EUR into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Iraq bank to Germany bank transfer.
Which are the best money transfer companies to transfer money from Iraq to Germany?
Since the Iraqi Dinar to Euro 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 Germany. 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 EUR money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Germany 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 Germany transaction.
Step by step guide to transfer money to Germany from Iraq
Follow the below easy steps to send money to Germany 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 Germany).
- 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.