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Compare today's IQD to LAK (Iraqi Dinar to Lao Kip) exchange rates

Iraq
Laos
IQD

Interbank Exchange Rate: 1 IQD = 16.4066 LAK
Updated about an hour ago

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All you need to know about Iraqi Dinar to Lao Kip money transfers

Easily compare money transfer providers in one place to send money from Iraq to Laos. Send money overseas to your loved ones by comparing Iraqi Dinar (IQD) to Lao Kip (LAK) 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 LAK Conversion Rates

Here are some latest IQD to LAK (Iraqi Dinar to Lao Kip) exchange rates for popular conversion amounts*.

1 IQD16.41 LAK
5 IQD82.03 LAK
10 IQD164.07 LAK
25 IQD410.17 LAK
50 IQD820.33 LAK
100 IQD1,640.66 LAK
150 IQD2,460.99 LAK
200 IQD3,281.32 LAK
250 IQD4,101.65 LAK
300 IQD4,921.98 LAK
400 IQD6,562.64 LAK
500 IQD8,203.30 LAK
600 IQD9,843.96 LAK
700 IQD11,484.62 LAK
800 IQD13,125.28 LAK
1,000 IQD16,406.60 LAK
1,500 IQD24,609.90 LAK
2,000 IQD32,813.20 LAK
2,500 IQD41,016.50 LAK
3,000 IQD49,219.80 LAK
4,000 IQD65,626.40 LAK
5,000 IQD82,033.00 LAK
10,000 IQD164,066.00 LAK
15,000 IQD246,099.00 LAK
20,000 IQD328,132.00 LAK
30,000 IQD492,198.00 LAK
40,000 IQD656,264.00 LAK
50,000 IQD820,330.00 LAK
100,000 IQD1,640,660.00 LAK

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


What's the best way to do Iraq to Laos money transfers?

Sending money internationally to Laos from Iraq can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Iraqi Dinar to LAK remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Laos. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Lao Kip.


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

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Laos from Iraq. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your IQD to Lao Kip money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Iraq to Laos corridor to give you more good choices for your next LAK money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way to send money from Iraq to Laos?

Finding the cheapest way to send money from Iraq to Laos 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 LAK 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 Laos 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.


Should I use my bank to send money from Iraq to Laos?

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

If you need to convert IQD to LAK as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Iraq to Laos could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Iraqi Dinar to Lao Kip funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Laos.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Iraq to Laos. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


Which are the best money transfer companies to send money to Laos from Iraq?

Comparing money transfer companies for sending money to Laos from Iraq can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Laos. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Iraqi Dinar to Lao Kip transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Lao Kip yield on every Iraqi Dinar that you send.


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

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 Laos, 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 Laos 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 Laos where they can receive monies in Lao Kip.
  • 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.