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Compare today's IQD to PHP (Iraqi Dinar to Philippine Peso) exchange rates

Iraq
Philippines
IQD

Interbank Exchange Rate: 1 IQD = 0.0449 PHP
Updated about an hour ago

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All you need to know about Iraqi Dinar to Philippine Peso money transfers

Easily compare money transfer providers in one place to send money from Iraq to Philippines. Send money overseas to your loved ones by comparing Iraqi Dinar (IQD) to Philippine Peso (PHP) 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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Latest IQD to PHP Conversion Rates

Here are some latest IQD to PHP (Iraqi Dinar to Philippine Peso) exchange rates for popular conversion amounts*.

1 IQD0.04 PHP
5 IQD0.22 PHP
10 IQD0.45 PHP
25 IQD1.12 PHP
50 IQD2.25 PHP
100 IQD4.49 PHP
150 IQD6.74 PHP
200 IQD8.98 PHP
250 IQD11.23 PHP
300 IQD13.47 PHP
400 IQD17.96 PHP
500 IQD22.45 PHP
600 IQD26.94 PHP
700 IQD31.43 PHP
800 IQD35.92 PHP
1,000 IQD44.90 PHP
1,500 IQD67.35 PHP
2,000 IQD89.80 PHP
2,500 IQD112.25 PHP
3,000 IQD134.70 PHP
4,000 IQD179.60 PHP
5,000 IQD224.50 PHP
10,000 IQD449.00 PHP
15,000 IQD673.50 PHP
20,000 IQD898.00 PHP
30,000 IQD1,347.00 PHP
40,000 IQD1,796.00 PHP
50,000 IQD2,245.00 PHP
100,000 IQD4,490.00 PHP

*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 Philippines money transfers?

It can be very confusing when sending money from Iraq to Philippines given so many choices. Additionally, Iraqi Dinar to PHP 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 Philippines 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 Philippines 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 Philippine Peso remittances.


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

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Philippines from Iraq. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your IQD to Philippine Peso money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Iraq to Philippines corridor to give you more good choices for your next PHP money transfer. This way you do not miss out on additional options to potentially save more.


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

The final amount your recipient gets when you send IQD to PHP 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 Philippines 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 Philippine Peso 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 Philippines 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 Philippines?

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 Philippines 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 PHP transfers.

Given this, there are umpteen additional options to send money to Philippines 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 Philippines gets the maximum amount.


How to send money from Iraq to Philippines fast?

If you need to convert IQD to PHP 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 Philippines 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 Philippine Peso 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 Philippines.

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

Iraq to Philippines money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Philippines as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Iraqi Dinar to Philippine Peso money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to transfer money to Philippines from Iraq

The first step to send money to Philippines 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 PHP 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 Philippines 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 Philippines!

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 Philippines.