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Compare today's XOF to IQD (CFA Franc BCEAO to Iraqi Dinar) exchange rates

Mali
Iraq
XOF

Interbank Exchange Rate: 1 XOF = 2.3576 IQD
Updated about an hour ago

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All you need to know about CFA Franc BCEAO to Iraqi Dinar money transfers

Easily compare money transfer providers in one place to send money from Mali to Iraq. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) 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 Mali.

Were you looking to send money from Iraq to Mali 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 XOF to IQD Conversion Rates

Here are some latest XOF to IQD (CFA Franc BCEAO to Iraqi Dinar) exchange rates for popular conversion amounts*.

1 XOF2.36 IQD
5 XOF11.79 IQD
10 XOF23.58 IQD
25 XOF58.94 IQD
50 XOF117.88 IQD
100 XOF235.76 IQD
150 XOF353.64 IQD
200 XOF471.52 IQD
250 XOF589.40 IQD
300 XOF707.28 IQD
400 XOF943.04 IQD
500 XOF1,178.80 IQD
600 XOF1,414.56 IQD
700 XOF1,650.32 IQD
800 XOF1,886.08 IQD
1,000 XOF2,357.60 IQD
1,500 XOF3,536.40 IQD
2,000 XOF4,715.20 IQD
2,500 XOF5,894.00 IQD
3,000 XOF7,072.80 IQD
4,000 XOF9,430.40 IQD
5,000 XOF11,788.00 IQD
10,000 XOF23,576.00 IQD
15,000 XOF35,364.00 IQD
20,000 XOF47,152.00 IQD
30,000 XOF70,728.00 IQD
40,000 XOF94,304.00 IQD
50,000 XOF117,880.00 IQD
100,000 XOF235,760.00 IQD

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to send money to Iraq from Mali?

There are many good choices when it comes to sending money from Mali 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 CFA Franc BCEAO to IQD money transfers.

We compare different remittance companies to bring you the best options to send money to Iraq from Mali. 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 CFA Franc BCEAO 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 rate to transfer money to Iraq from Mali?

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 Mali 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 XOF 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 to send money to Iraq from Mali?

When you want to send money to Iraq from Mali, 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 XOF 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 Mali 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 Mali 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 from Mali to Iraq through a bank?

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low XOF to IQD exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Mali to Iraq money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to Iraq from Mali. They do this by letting you fund your transaction through your local bank account in Mali, and by allowing you to choose the payout to be your recipient's bank account in Iraq. But, you are likely to get much better rates and lower fees compared to your bank.


What is the fastest way to do a money transfer to Iraq from Mali?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Mali to Iraq. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert XOF to IQD fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your CFA Franc BCEAO amount reaching Iraq. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush Iraqi Dinar quickly to Iraq, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


Which are the best money transfer companies to send money to Iraq from Mali?

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 Mali 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 CFA Franc BCEAO 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 CFA Franc BCEAO you send.


Step by step guide to send money from Mali to Iraq

With so many possible ways to transfer CFA Franc BCEAO to Iraqi Dinar, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Mali to Iraq remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Mali and the receiver in Iraq. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your XOF to Iraqi Dinar money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.