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Compare today's IQD to PEN (Iraqi Dinar to Peruvian Nuevo Sol) exchange rates

Iraq
Peru
IQD

Interbank Exchange Rate: 1 IQD = 0.0026 PEN
Updated about an hour ago

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All you need to know about Iraqi Dinar to Peruvian Nuevo Sol money transfers

Easily compare money transfer providers in one place to send money from Iraq to Peru. Send money overseas to your loved ones by comparing Iraqi Dinar (IQD) to Peruvian Nuevo Sol (PEN) 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 PEN Conversion Rates

Here are some latest IQD to PEN (Iraqi Dinar to Peruvian Nuevo Sol) exchange rates for popular conversion amounts*.

1 IQD0.00 PEN
5 IQD0.01 PEN
10 IQD0.03 PEN
25 IQD0.07 PEN
50 IQD0.13 PEN
100 IQD0.26 PEN
150 IQD0.39 PEN
200 IQD0.52 PEN
250 IQD0.65 PEN
300 IQD0.78 PEN
400 IQD1.04 PEN
500 IQD1.30 PEN
600 IQD1.56 PEN
700 IQD1.82 PEN
800 IQD2.08 PEN
1,000 IQD2.60 PEN
1,500 IQD3.90 PEN
2,000 IQD5.20 PEN
2,500 IQD6.50 PEN
3,000 IQD7.80 PEN
4,000 IQD10.40 PEN
5,000 IQD13.00 PEN
10,000 IQD26.00 PEN
15,000 IQD39.00 PEN
20,000 IQD52.00 PEN
30,000 IQD78.00 PEN
40,000 IQD104.00 PEN
50,000 IQD130.00 PEN
100,000 IQD260.00 PEN

*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 Peru money transfers?

It can be very confusing when sending money from Iraq to Peru given so many choices. Additionally, Iraqi Dinar to PEN exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Iraq to Peru as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Peru from Iraq. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Iraqi Dinar to Peruvian Nuevo Sol remittances.


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

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 Peru.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Iraq to Peru 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 Peruvian Nuevo Sol 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 Peru from Iraq?

The final amount your recipient gets when you send IQD to PEN 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 Peru 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 Peruvian Nuevo Sol 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 Peru 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 Peru?

One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Iraq to Peru money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.

With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like IQD to PEN transfers.

Given this, there are umpteen additional options to send money to Peru instead of just your Iraq bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your Iraqi Dinar even more so that your recipient in Peru gets the maximum amount.


How to send money from Iraq to Peru fast?

If you need to convert IQD to PEN 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 Peru 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 Peruvian Nuevo Sol 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 Peru.

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

Comparing money transfer companies for sending money to Peru 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 Peru. 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 Peruvian Nuevo Sol 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 Peruvian Nuevo Sol yield on every Iraqi Dinar that you send.


Step by step guide to send money from Iraq to Peru

There are many important aspects of Iraq to Peru remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

  • Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
  • Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Iraq bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
  • Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include PEN bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
  • Step 4 - Provision recipient details including name and address.
  • Step 5 - Decide how much Iraqi Dinar amount you want to send from Iraq.
  • Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
  • Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Peru to validate that they get the money once the transaction clears.