Compare today's LYD to IQD (Libyan Dinar to Iraqi Dinar) exchange rates
Interbank Exchange Rate: 1 LYD = 207.2873 IQD
Updated about an hour ago
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All you need to know about Libyan Dinar to Iraqi Dinar money transfers
Easily compare money transfer providers in one place to send money from Libya to Iraq. Send money overseas to your loved ones by comparing Libyan Dinar (LYD) to Iraqi Dinar (IQD) 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 Libya.
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Latest LYD to IQD Conversion Rates
Here are some latest LYD to IQD (Libyan Dinar to Iraqi Dinar) exchange rates for popular conversion amounts*.
| 1 LYD | 207.29 IQD |
| 5 LYD | 1,036.44 IQD |
| 10 LYD | 2,072.87 IQD |
| 25 LYD | 5,182.18 IQD |
| 50 LYD | 10,364.37 IQD |
| 100 LYD | 20,728.73 IQD |
| 150 LYD | 31,093.09 IQD |
| 200 LYD | 41,457.46 IQD |
| 250 LYD | 51,821.83 IQD |
| 300 LYD | 62,186.19 IQD |
| 400 LYD | 82,914.92 IQD |
| 500 LYD | 103,643.65 IQD |
| 600 LYD | 124,372.38 IQD |
| 700 LYD | 145,101.11 IQD |
| 800 LYD | 165,829.84 IQD |
| 1,000 LYD | 207,287.30 IQD |
| 1,500 LYD | 310,930.95 IQD |
| 2,000 LYD | 414,574.60 IQD |
| 2,500 LYD | 518,218.25 IQD |
| 3,000 LYD | 621,861.90 IQD |
| 4,000 LYD | 829,149.20 IQD |
| 5,000 LYD | 1,036,436.50 IQD |
| 10,000 LYD | 2,072,873.00 IQD |
| 15,000 LYD | 3,109,309.50 IQD |
| 20,000 LYD | 4,145,746.00 IQD |
| 30,000 LYD | 6,218,619.00 IQD |
| 40,000 LYD | 8,291,492.00 IQD |
| 50,000 LYD | 10,364,365.00 IQD |
| 100,000 LYD | 20,728,730.00 IQD |
*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.
What's the best way to transfer money from Libya to Iraq?
Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Libya to Iraq. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Libyan Dinar to IQD.You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send LYD to IQD in Iraq. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.
With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Iraq from Libya. We provide you with maximum choices to send money to Iraq by comparing competing money transfer companies thereby making you the winner in the end.
How to get the best exchange rate for your money transfers from Libya to Iraq?
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 Iraq from Libya.At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your LYD to Iraqi Dinar 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 LYD to IQD 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 transfer money from Libya to Iraq?
When you want to send money to Iraq from Libya, 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 LYD 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 Libya 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 Libya 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 Libya through a bank?
We do not recommend using your local bank in Libya for your next LYD 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 Libya 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 Libya 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.
How to send money to Iraq from Libya fast?
The first thing to do when you need to convert LYD to IQD quickly is to compare various banks, foreign exchange companies and remittance service providers to see which ones can meet your transaction timing requirements. Once you identify the right provider, it's easy to do the actual transaction.The harder part might be how to identify which providers can execute fast funds transfers between Libyan Dinar and Iraqi Dinar. While every company may have variations in how fast they will finish your money transfer, there are some general guidelines that may help you identify the fastest provider. For example, how you fund your transfer will have a direct impact on transaction speed. Similarly, if your recipient has to pick up cash from a far away location, or there are bank holidays going on, it may take longer for your funds to arrive.
To help demystify the unknowns in the end to end Libya to Iraq remittance process, you can study this detailed guide to money transfers. Awareness of all the intricacies of overseas funds transfers will help you make the right decisions to realize the fastest possible choices to send money to Iraq.
Which are the best money transfer companies to send money from Libya to Iraq?
The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Libya to Iraq, we can help you in choosing the best provider.There are several key points you would want to check for; these include, but are not limited to, the best Libyan Dinar to Iraqi Dinar exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.
After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your IQD money transfers to Iraq. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.
Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Iraq getting more money for every Libyan Dinar you send.
Step by step guide to do a money transfer from Libya to Iraq
Follow the below easy steps to send money to Iraq from Libya.- 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 Libya 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.