Compare today's LBP to IQD (Lebanese Pound to Iraqi Dinar) exchange rates
📈 Lebanon to Iraq Money Transfer Snapshot Today
- Number of money transfer providers compared: 0
- Mid-market
ⓘThe mid-market exchange rate (also called the interbank rate) is the real LBP to IQD exchange rate before providers add their margin or fees. exchange rate: 1 LBP = IQD 0.0146 (Updated about an hour ago)
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💡What today's LBP-IQD exchange rates mean for you
Compare today's LBP-IQD exchange rates and send money from Lebanon to Iraq after comparing numerous money transfer providers. Check the latest exchange rates, read detailed provider reviews, and discover deals and promo codes — all in one place.
LBP-IQD exchange rates fluctuate throughout the day, and top positions can change quickly. This volatility can significantly impact the final IQD payout that your recipient gets in Iraq.
That's why we recommend comparing money transfer providers to ensure you can maximize the value of your Lebanon to Iraq remittances.
🔄 Looking for the reverse corridor? Send money from Iraq to Lebanon instead.
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 Lebanon.
Latest LBP to IQD Conversion Rates
Here are some latest LBP to IQD (Lebanese Pound to Iraqi Dinar) exchange rates for popular conversion amounts*.
| 1 LBP | 0.01 IQD |
| 5 LBP | 0.07 IQD |
| 10 LBP | 0.15 IQD |
| 25 LBP | 0.37 IQD |
| 50 LBP | 0.73 IQD |
| 100 LBP | 1.46 IQD |
| 150 LBP | 2.19 IQD |
| 200 LBP | 2.92 IQD |
| 250 LBP | 3.65 IQD |
| 300 LBP | 4.38 IQD |
| 400 LBP | 5.84 IQD |
| 500 LBP | 7.30 IQD |
| 600 LBP | 8.76 IQD |
| 700 LBP | 10.22 IQD |
| 800 LBP | 11.68 IQD |
| 1000 LBP | 14.60 IQD |
| 1500 LBP | 21.90 IQD |
| 2000 LBP | 29.20 IQD |
| 2500 LBP | 36.50 IQD |
| 3000 LBP | 43.80 IQD |
| 4000 LBP | 58.40 IQD |
| 5000 LBP | 73.00 IQD |
| 10000 LBP | 146.00 IQD |
| 15000 LBP | 219.00 IQD |
| 20000 LBP | 292.00 IQD |
| 30000 LBP | 438.00 IQD |
| 40000 LBP | 584.00 IQD |
| 50000 LBP | 730.00 IQD |
| 100000 LBP | 1,460.00 IQD |
*Based on the Mid-market Exchange Rate
What's the best way to send money from Lebanon to Iraq?
There are many good choices when it comes to sending money from Lebanon to Iraq. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Lebanese Pound to IQD money transfers.We compare different remittance companies to bring you the best options to send money to Iraq from Lebanon. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.
Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Lebanese Pound to Iraqi Dinar money transfers. You can take advantage of these deals and make the most of your hard earned money.
How to get the best exchange rate for your money transfers from Lebanon to Iraq?
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 Iraq.The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Lebanon to Iraq 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 LBP to Iraqi Dinar 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 Iraq from Lebanon?
When you want to send money to Iraq from Lebanon, you obviously want the cheapest possible option to maximize the money your recipient gets in Iraqi Dinar. 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 LBP to IQD 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 Lebanon to Iraq. 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 Lebanon to Iraq 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 Iraqi Dinar overseas.
How to send money to Iraq from Lebanon through a bank?
We do not recommend using your local bank in Lebanon for your next LBP to IQD overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Lebanon to Iraq (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.
Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending IQD to Iraq. These companies will let you use your local bank account in Lebanon to pay for your Iraq money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.
What is the fastest way to transfer money from Lebanon to Iraq?
If you need to convert LBP to IQD 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 Lebanon to Iraq 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 Lebanese Pound to Iraqi Dinar 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 Iraq.
With so many choices available, make sure to compare various forex operators that enable you to remit money from Lebanon to Iraq. 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 Lebanon to Iraq?
Since the Lebanese Pound to Iraqi Dinar money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Lebanon that may also be able to send money to Iraq. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.
To further decrease the cost of your LBP to IQD money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Iraq gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Lebanon to Iraq transaction.
Step by step guide to do a money transfer from Lebanon to Iraq
Follow the below easy steps to send money to Iraq from Lebanon.- 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 Lebanon bank account to fund your transaction.
- Add your recipient - provide details about who will receive the funds (can also be your own account in Iraq).
- 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.
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.