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Compare today's IQD to PAB (Iraqi Dinar to Panamanian Balboa) exchange rates

Iraq
Panama
IQD

Interbank Exchange Rate: 1 IQD = 0.0008 PAB
Updated about an hour ago

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All you need to know about Iraqi Dinar to Panamanian Balboa money transfers

Easily compare money transfer providers in one place to send money from Iraq to Panama. Send money overseas to your loved ones by comparing Iraqi Dinar (IQD) to Panamanian Balboa (PAB) 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 Panama 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 PAB Conversion Rates

Here are some latest IQD to PAB (Iraqi Dinar to Panamanian Balboa) exchange rates for popular conversion amounts*.

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

*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 Panama?

Sending money internationally to Panama 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 PAB 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 Panama. 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 Panamanian Balboa.


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

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 Panama from Iraq.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your IQD to Panamanian Balboa 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 PAB 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 Panama?

Finding the cheapest way to send money from Iraq to Panama 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 PAB 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 Panama 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 transfer money from Iraq to Panama?

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

If you need to convert IQD to PAB 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 Panama 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 Panamanian Balboa 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 Panama.

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

Comparing money transfer companies for sending money to Panama 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 Panama. 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 Panamanian Balboa 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 Panamanian Balboa yield on every Iraqi Dinar that you send.


Step by step guide to send money to Panama from Iraq

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 Panama, 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 Panama 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 Panama where they can receive monies in Panamanian Balboa.
  • 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.