Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's MUR to IQD (Mauritian Rupee to Iraqi Dinar) exchange rates

Mauritius
Iraq
MUR

Interbank Exchange Rate: 1 MUR = 28.4502 IQD
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about Mauritian Rupee to Iraqi Dinar money transfers

Easily compare money transfer providers in one place to send money from Mauritius to Iraq. Send money overseas to your loved ones by comparing Mauritian Rupee (MUR) 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 Mauritius.

Were you looking to send money from Iraq to Mauritius 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 MUR to IQD Conversion Rates

Here are some latest MUR to IQD (Mauritian Rupee to Iraqi Dinar) exchange rates for popular conversion amounts*.

1 MUR28.45 IQD
5 MUR142.25 IQD
10 MUR284.50 IQD
25 MUR711.26 IQD
50 MUR1,422.51 IQD
100 MUR2,845.02 IQD
150 MUR4,267.53 IQD
200 MUR5,690.04 IQD
250 MUR7,112.55 IQD
300 MUR8,535.06 IQD
400 MUR11,380.08 IQD
500 MUR14,225.10 IQD
600 MUR17,070.12 IQD
700 MUR19,915.14 IQD
800 MUR22,760.16 IQD
1,000 MUR28,450.20 IQD
1,500 MUR42,675.30 IQD
2,000 MUR56,900.40 IQD
2,500 MUR71,125.50 IQD
3,000 MUR85,350.60 IQD
4,000 MUR113,800.80 IQD
5,000 MUR142,251.00 IQD
10,000 MUR284,502.00 IQD
15,000 MUR426,753.00 IQD
20,000 MUR569,004.00 IQD
30,000 MUR853,506.00 IQD
40,000 MUR1,138,008.00 IQD
50,000 MUR1,422,510.00 IQD
100,000 MUR2,845,020.00 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 Mauritius to Iraq?

With the global remittance market booming, there are so many choices for Mauritian Rupee to IQD money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Iraq from Mauritius. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final IQD amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.


How to get the best exchange rate for your money transfers from Mauritius 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 Mauritius 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 MUR 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 transfer money from Mauritius to Iraq?

The final amount your recipient gets when you send MUR to IQD 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 Mauritius to Iraq 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 Iraqi Dinar 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 Mauritian Rupee to Iraq 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 Mauritius to Iraq?

Big banks in Mauritius are known to make a lot of money by charging high fees on Iraq money transfers from Mauritius. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.

In addition to charging higher than average fees, banks are also notorious for giving you a MUR to IQD exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Iraq. With our live comparison tool, you can easily compare many good options in one glance.

Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from Mauritius to Iraq. You work hard for your money, so you should also ensure you get the maximum yield when you send IQD overseas.


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

The first thing to do when you need to convert MUR 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 Mauritian Rupee 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 Mauritius 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 transfer money to Iraq from Mauritius?

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 Mauritius 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 Mauritian Rupee 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 Mauritian Rupee you send.


Step by step guide to send money to Iraq from Mauritius

Follow the below easy steps to send money to Iraq from Mauritius.

  • 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 Mauritius 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.

The provider will then work on your MUR to IQD remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your 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.