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Compare today's IQD to NGN (Iraqi Dinar to Nigerian Naira) exchange rates

Iraq
Nigeria
IQD

Interbank Exchange Rate: 1 IQD = 1.0453 NGN
Updated about an hour ago

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All you need to know about Iraqi Dinar to Nigerian Naira money transfers

Easily compare money transfer providers in one place to send money from Iraq to Nigeria. Send money overseas to your loved ones by comparing Iraqi Dinar (IQD) to Nigerian Naira (NGN) 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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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 NGN Conversion Rates

Here are some latest IQD to NGN (Iraqi Dinar to Nigerian Naira) exchange rates for popular conversion amounts*.

1 IQD1.05 NGN
5 IQD5.23 NGN
10 IQD10.45 NGN
25 IQD26.13 NGN
50 IQD52.26 NGN
100 IQD104.53 NGN
150 IQD156.80 NGN
200 IQD209.06 NGN
250 IQD261.33 NGN
300 IQD313.59 NGN
400 IQD418.12 NGN
500 IQD522.65 NGN
600 IQD627.18 NGN
700 IQD731.71 NGN
800 IQD836.24 NGN
1,000 IQD1,045.30 NGN
1,500 IQD1,567.95 NGN
2,000 IQD2,090.60 NGN
2,500 IQD2,613.25 NGN
3,000 IQD3,135.90 NGN
4,000 IQD4,181.20 NGN
5,000 IQD5,226.50 NGN
10,000 IQD10,453.00 NGN
15,000 IQD15,679.50 NGN
20,000 IQD20,906.00 NGN
30,000 IQD31,359.00 NGN
40,000 IQD41,812.00 NGN
50,000 IQD52,265.00 NGN
100,000 IQD104,530.00 NGN

*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 Nigeria money transfers?

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 Nigeria. 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 NGN.

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


How to get the best remit rate for transferring money from Iraq to Nigeria?

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 Nigeria from Iraq.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your IQD to Nigerian Naira 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 NGN 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 send money from Iraq to Nigeria?

The final amount your recipient gets when you send IQD to NGN is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Iraq to Nigeria used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send Nigerian Naira is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Iraqi Dinar to Nigeria exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


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

Big banks in Iraq are known to make a lot of money by charging high fees on Nigeria 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 NGN 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 Nigeria. 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 Nigeria. You work hard for your money, so you should also ensure you get the maximum yield when you send NGN overseas.


How to send money to Nigeria from Iraq fast?

The first thing to do when you need to convert IQD to NGN quickly is to compare various banks, foreign exchange companies and remittance service providers to see which ones can meet your transaction timing requirements. Once you identify the right provider, it's easy to do the actual transaction.

The harder part might be how to identify which providers can execute fast funds transfers between Iraqi Dinar and Nigerian Naira. While every company may have variations in how fast they will finish your money transfer, there are some general guidelines that may help you identify the fastest provider. For example, how you fund your transfer will have a direct impact on transaction speed. Similarly, if your recipient has to pick up cash from a far away location, or there are bank holidays going on, it may take longer for your funds to arrive.

To help demystify the unknowns in the end to end Iraq to Nigeria remittance process, you can study this detailed guide to money transfers. Awareness of all the intricacies of overseas funds transfers will help you make the right decisions to realize the fastest possible choices to send money to Nigeria.


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

The first step in selecting the best money transfer operators for Iraq to Nigeria 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 Nigerian Naira 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 Nigeria.


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

The first step to send money to Nigeria 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 NGN 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 Nigeria 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 Nigeria!

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 Nigeria.