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Compare today's MMK to IQD (Myanmar Kyat to Iraqi Dinar) exchange rates

Myanmar (Burma)
Iraq
MMK

Interbank Exchange Rate: 1 MMK = 0.6215 IQD
Updated about an hour ago

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All you need to know about Myanmar Kyat to Iraqi Dinar money transfers

Easily compare money transfer providers in one place to send money from Myanmar (Burma) to Iraq. Send money overseas to your loved ones by comparing Myanmar Kyat (MMK) 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 Myanmar (Burma).

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Latest MMK to IQD Conversion Rates

Here are some latest MMK to IQD (Myanmar Kyat to Iraqi Dinar) exchange rates for popular conversion amounts*.

1 MMK0.62 IQD
5 MMK3.11 IQD
10 MMK6.22 IQD
25 MMK15.54 IQD
50 MMK31.08 IQD
100 MMK62.15 IQD
150 MMK93.23 IQD
200 MMK124.30 IQD
250 MMK155.38 IQD
300 MMK186.45 IQD
400 MMK248.60 IQD
500 MMK310.75 IQD
600 MMK372.90 IQD
700 MMK435.05 IQD
800 MMK497.20 IQD
1,000 MMK621.50 IQD
1,500 MMK932.25 IQD
2,000 MMK1,243.00 IQD
2,500 MMK1,553.75 IQD
3,000 MMK1,864.50 IQD
4,000 MMK2,486.00 IQD
5,000 MMK3,107.50 IQD
10,000 MMK6,215.00 IQD
15,000 MMK9,322.50 IQD
20,000 MMK12,430.00 IQD
30,000 MMK18,645.00 IQD
40,000 MMK24,860.00 IQD
50,000 MMK31,075.00 IQD
100,000 MMK62,150.00 IQD

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


What's the best way to do Myanmar (Burma) to Iraq money transfers?

There are many good choices when it comes to sending money from Myanmar (Burma) 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 Myanmar Kyat to IQD money transfers.

We compare different remittance companies to bring you the best options to send money to Iraq from Myanmar (Burma). 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 Myanmar Kyat 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 Myanmar (Burma) to Iraq?

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your MMK to Iraqi Dinar money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Myanmar (Burma) to Iraq. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for MMK to IQD remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


What's the cheapest way to send money to Iraq from Myanmar (Burma)?

One of the most important things to watch out for is hidden fees when sending money to Iraq from Myanmar (Burma). Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Iraq using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Iraqi Dinar foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best MMK to Iraq exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Iraq from Myanmar (Burma).


Should I use my bank to transfer money from Myanmar (Burma) to Iraq?

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 Myanmar (Burma) to Iraq 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 MMK to IQD transfers.

Given this, there are umpteen additional options to send money to Iraq instead of just your Myanmar (Burma) 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 Myanmar Kyat even more so that your recipient in Iraq gets the maximum amount.


How to send money to Iraq from Myanmar (Burma) fast?

If you need to convert MMK 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 Myanmar (Burma) 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 Myanmar Kyat 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 Myanmar (Burma) 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 send money to Iraq from Myanmar (Burma)?

The first step in selecting the best money transfer operators for Myanmar (Burma) to Iraq remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for Myanmar Kyat to Iraqi Dinar money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Iraq.


Step by step guide to do a money transfer from Myanmar (Burma) to Iraq

With so many possible ways to transfer Myanmar Kyat 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 Myanmar (Burma) 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 Myanmar (Burma) 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 MMK to Iraqi Dinar money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.