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Compare today's IQD to EUR (Iraqi Dinar to Euro) exchange rates

Iraq
Luxembourg
IQD

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 Luxembourg. 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.

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.

Were you looking to send money from Luxembourg to Iraq instead?

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 EUR Conversion Rates

Here are some latest IQD to EUR (Iraqi Dinar to Euro) exchange rates for popular conversion amounts*.

1 IQD0.00 EUR
5 IQD0.00 EUR
10 IQD0.01 EUR
25 IQD0.02 EUR
50 IQD0.04 EUR
100 IQD0.08 EUR
150 IQD0.12 EUR
200 IQD0.16 EUR
250 IQD0.20 EUR
300 IQD0.24 EUR
400 IQD0.32 EUR
500 IQD0.40 EUR
600 IQD0.48 EUR
700 IQD0.56 EUR
800 IQD0.64 EUR
1,000 IQD0.80 EUR
1,500 IQD1.20 EUR
2,000 IQD1.60 EUR
2,500 IQD2.00 EUR
3,000 IQD2.40 EUR
4,000 IQD3.20 EUR
5,000 IQD4.00 EUR
10,000 IQD8.00 EUR
15,000 IQD12.00 EUR
20,000 IQD16.00 EUR
30,000 IQD24.00 EUR
40,000 IQD32.00 EUR
50,000 IQD40.00 EUR
100,000 IQD80.00 EUR

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


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

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 Luxembourg. 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 EUR.

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 EUR in Luxembourg. 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 Luxembourg from Iraq. We provide you with maximum choices to send money to Luxembourg by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best exchange rate for sending money from Iraq to Luxembourg?

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Luxembourg.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Iraq to Luxembourg transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your IQD to Euro money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


What's the cheapest way for transferring money to Luxembourg from Iraq?

One of the most important things to watch out for is hidden fees when sending money to Luxembourg from Iraq. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Luxembourg using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Euro foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best IQD to Luxembourg exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Luxembourg from Iraq.


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

Big banks in Iraq are known to make a lot of money by charging high fees on Luxembourg money transfers from Iraq. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.

In addition to charging higher than average fees, banks are also notorious for giving you a IQD to EUR exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Luxembourg. With our live comparison tool, you can easily compare many good options in one glance.

Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from Iraq to Luxembourg. You work hard for your money, so you should also ensure you get the maximum yield when you send EUR overseas.


How to send money from Iraq to Luxembourg 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 Luxembourg 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 Luxembourg 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 Luxembourg bank transfer.


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

The first step in selecting the best money transfer operators for Iraq to Luxembourg remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for Iraqi Dinar to Euro money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Luxembourg.


Step by step guide to transfer money to Luxembourg from Iraq

With so many possible ways to transfer Iraqi Dinar to Euro, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Iraq to Luxembourg remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Iraq and the receiver in Luxembourg. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your IQD to Euro money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.