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

Niger
Iraq
XOF

Interbank Exchange Rate: 1 XOF = 2.3562 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 Niger 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 Niger.

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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 XOF11.78 IQD
10 XOF23.56 IQD
25 XOF58.90 IQD
50 XOF117.81 IQD
100 XOF235.62 IQD
150 XOF353.43 IQD
200 XOF471.24 IQD
250 XOF589.05 IQD
300 XOF706.86 IQD
400 XOF942.48 IQD
500 XOF1,178.10 IQD
600 XOF1,413.72 IQD
700 XOF1,649.34 IQD
800 XOF1,884.96 IQD
1,000 XOF2,356.20 IQD
1,500 XOF3,534.30 IQD
2,000 XOF4,712.40 IQD
2,500 XOF5,890.50 IQD
3,000 XOF7,068.60 IQD
4,000 XOF9,424.80 IQD
5,000 XOF11,781.00 IQD
10,000 XOF23,562.00 IQD
15,000 XOF35,343.00 IQD
20,000 XOF47,124.00 IQD
30,000 XOF70,686.00 IQD
40,000 XOF94,248.00 IQD
50,000 XOF117,810.00 IQD
100,000 XOF235,620.00 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 Niger to Iraq?

There are many good choices when it comes to sending money from Niger 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 Niger. 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 exchange rate for sending money from Niger to Iraq?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Iraq from Niger. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your XOF to Iraqi Dinar money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Niger to Iraq corridor to give you more good choices for your next IQD money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way to send money to Iraq from Niger?

Finding the cheapest way to send money from Niger to Iraq might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer XOF to IQD via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Niger to Iraq exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.


How to send money to Iraq from Niger through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Niger to Iraq. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the XOF to IQD exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Niger bank for your Iraq money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


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

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Niger 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 Niger?

Comparing money transfer companies for sending money to Iraq from Niger can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Iraq. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your CFA Franc BCEAO to Iraqi Dinar transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Iraqi Dinar yield on every CFA Franc BCEAO that you send.


Step by step guide to send money from Niger to Iraq

The first step to send money to Iraq from Niger is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your XOF to IQD overseas funds transfer.

  • Click through to the provider's site and register an account.
  • Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
  • Add recipient information including their bank account in Iraq if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Niger bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Iraq!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Niger to Iraq.