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Compare today's IQD to ILS (Iraqi Dinar to Israeli New Sheqel) exchange rates

Iraq
Palestine
IQD

Interbank Exchange Rate: 1 IQD = 0.0024 ILS
Updated about an hour ago

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All you need to know about Iraqi Dinar to Israeli New Sheqel money transfers

Easily compare money transfer providers in one place to send money from Iraq to Palestine. Send money overseas to your loved ones by comparing Iraqi Dinar (IQD) to Israeli New Sheqel (ILS) 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 Palestine 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 ILS Conversion Rates

Here are some latest IQD to ILS (Iraqi Dinar to Israeli New Sheqel) exchange rates for popular conversion amounts*.

1 IQD0.00 ILS
5 IQD0.01 ILS
10 IQD0.02 ILS
25 IQD0.06 ILS
50 IQD0.12 ILS
100 IQD0.24 ILS
150 IQD0.36 ILS
200 IQD0.48 ILS
250 IQD0.60 ILS
300 IQD0.72 ILS
400 IQD0.96 ILS
500 IQD1.20 ILS
600 IQD1.44 ILS
700 IQD1.68 ILS
800 IQD1.92 ILS
1,000 IQD2.40 ILS
1,500 IQD3.60 ILS
2,000 IQD4.80 ILS
2,500 IQD6.00 ILS
3,000 IQD7.20 ILS
4,000 IQD9.60 ILS
5,000 IQD12.00 ILS
10,000 IQD24.00 ILS
15,000 IQD36.00 ILS
20,000 IQD48.00 ILS
30,000 IQD72.00 ILS
40,000 IQD96.00 ILS
50,000 IQD120.00 ILS
100,000 IQD240.00 ILS

*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 Palestine?

Sending money internationally to Palestine 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 ILS 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 Palestine. 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 Israeli New Sheqel.


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

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Iraq to Palestine transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your IQD to Israeli New Sheqel international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Iraqi Dinar to Israeli New Sheqel exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


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

When you want to send money to Palestine from Iraq, you obviously want the cheapest possible option to maximize the money your recipient gets in Israeli New Sheqel. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your IQD to ILS money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Iraq to Palestine. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Iraq to Palestine exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Israeli New Sheqel overseas.


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

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

If you need to convert IQD to ILS 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 Palestine 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 Israeli New Sheqel 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 Palestine.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Iraq to Palestine. 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 transfer money to Palestine from Iraq?

The first step in selecting the best money transfer operators for Iraq to Palestine 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 Israeli New Sheqel 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 Palestine.


Step by step guide to transfer money to Palestine from Iraq

Follow the below easy steps to send money to Palestine 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 Palestine).
  • 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.

The provider will then work on your IQD to ILS remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your 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.