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Compare today's EUR to IQD (Euro to Iraqi Dinar) exchange rates

Portugal
Iraq
EUR

Interbank Exchange Rate: 1 EUR = 1,545.4855 IQD
Updated about 1 hours ago

Found 2 Remittance Service Providers

WESTERNUNION
Read more about Western Union
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 EUR =
1 514 314.80 IQD
Transfer Limit (EUR): No Limits
Locked-In Rate1 EUR = 1,514.3148 IQD
RIAMONEYTX
Read more about Ria Money Transfer
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 EUR =
1 489 749.30 IQD
Transfer Limit (EUR): 1 - 10000
Locked-In Rate1 EUR = 1,489.7493 IQD

If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.





All you need to know about Euro to Iraqi Dinar money transfers

Easily compare money transfer providers in one place to send money from Portugal to Iraq. Send money overseas to your loved ones by comparing Euro (EUR) 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.

When making a money transfer to Iraq from Portugal, we currently have 2 remittance service providers available.

Western Union currently offers the most competitive rate for sending money to Iraq and their 1 EUR to IQD exchange rate today is 1,514.3148.

The next best Euro to Iraqi Dinar exchange rate today for money transfers to Iraq is offered by Ria Money Transfer (1 EUR = 1,489.7493 IQD).

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 Portugal.

Were you looking to send money from Iraq to Portugal 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 EUR to IQD Conversion Rates

Here are some latest EUR to IQD (Euro to Iraqi Dinar) exchange rates for popular conversion amounts*.

1 EUR1,545.49 IQD
5 EUR7,727.43 IQD
10 EUR15,454.86 IQD
25 EUR38,637.14 IQD
50 EUR77,274.28 IQD
100 EUR154,548.55 IQD
150 EUR231,822.83 IQD
200 EUR309,097.10 IQD
250 EUR386,371.38 IQD
300 EUR463,645.65 IQD
400 EUR618,194.20 IQD
500 EUR772,742.75 IQD
600 EUR927,291.30 IQD
700 EUR1,081,839.85 IQD
800 EUR1,236,388.40 IQD
1,000 EUR1,545,485.50 IQD
1,500 EUR2,318,228.25 IQD
2,000 EUR3,090,971.00 IQD
2,500 EUR3,863,713.75 IQD
3,000 EUR4,636,456.50 IQD
4,000 EUR6,181,942.00 IQD
5,000 EUR7,727,427.50 IQD
10,000 EUR15,454,855.00 IQD
15,000 EUR23,182,282.50 IQD
20,000 EUR30,909,710.00 IQD
30,000 EUR46,364,565.00 IQD
40,000 EUR61,819,420.00 IQD
50,000 EUR77,274,275.00 IQD
100,000 EUR154,548,550.00 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 from Portugal to Iraq?

With the global remittance market booming, there are so many choices for Euro 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 Portugal. 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 sending money from Portugal 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 Portugal. 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 EUR 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 Portugal 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 from Portugal to Iraq?

While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Portugal to Iraq via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.

A sure way to find the most cost effective way for Euro to Iraqi Dinar remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.

Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Portugal to Iraq exchange rate.

Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for EUR to IQD remittances.


Should I use my bank to send money from Portugal to Iraq?

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 EUR 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 Portugal 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 Portugal. They do this by letting you fund your transaction through your local bank account in Portugal, 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.


How to send money to Iraq from Portugal fast?

The speed of your Euro to Iraqi Dinar funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert EUR to IQD. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Iraq from Portugal is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Iraq if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout IQD into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Portugal bank to Iraq bank transfer.


Which are the best money transfer companies to transfer money from Portugal to Iraq?

The first step in selecting the best money transfer operators for Portugal 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 Euro 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 Portugal to Iraq

The first step to send money to Iraq from Portugal 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 EUR 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 Portugal 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 Portugal to Iraq.