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Compare today's ZAR to IQD (South African Rand to Iraqi Dinar) exchange rates

South Africa
Iraq
ZAR

Interbank Exchange Rate: 1 ZAR = 81.6224 IQD
Updated about an hour ago

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All you need to know about South African Rand to Iraqi Dinar money transfers

Easily compare money transfer providers in one place to send money from South Africa to Iraq. Send money overseas to your loved ones by comparing South African Rand (ZAR) 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 South Africa.

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Latest ZAR to IQD Conversion Rates

Here are some latest ZAR to IQD (South African Rand to Iraqi Dinar) exchange rates for popular conversion amounts*.

1 ZAR81.62 IQD
5 ZAR408.11 IQD
10 ZAR816.22 IQD
25 ZAR2,040.56 IQD
50 ZAR4,081.12 IQD
100 ZAR8,162.24 IQD
150 ZAR12,243.36 IQD
200 ZAR16,324.48 IQD
250 ZAR20,405.60 IQD
300 ZAR24,486.72 IQD
400 ZAR32,648.96 IQD
500 ZAR40,811.20 IQD
600 ZAR48,973.44 IQD
700 ZAR57,135.68 IQD
800 ZAR65,297.92 IQD
1,000 ZAR81,622.40 IQD
1,500 ZAR122,433.60 IQD
2,000 ZAR163,244.80 IQD
2,500 ZAR204,056.00 IQD
3,000 ZAR244,867.20 IQD
4,000 ZAR326,489.60 IQD
5,000 ZAR408,112.00 IQD
10,000 ZAR816,224.00 IQD
15,000 ZAR1,224,336.00 IQD
20,000 ZAR1,632,448.00 IQD
30,000 ZAR2,448,672.00 IQD
40,000 ZAR3,264,896.00 IQD
50,000 ZAR4,081,120.00 IQD
100,000 ZAR8,162,240.00 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 South Africa to Iraq?

Sending money internationally to Iraq from South Africa can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your South African Rand to IQD remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Iraq. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Iraqi Dinar.


How to get the best exchange rate for your money transfers from South Africa 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 ZAR 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 South Africa 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 ZAR 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 transfer money from South Africa to Iraq?

When you want to send money to Iraq from South Africa, 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 ZAR 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 South Africa 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 South Africa 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 to Iraq from South Africa through a bank?

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 South Africa 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 ZAR to IQD transfers.

Given this, there are umpteen additional options to send money to Iraq instead of just your South Africa 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 South African Rand even more so that your recipient in Iraq gets the maximum amount.


How to send money to Iraq from South Africa fast?

It could be a stressful experience if you need to rush money quickly from South Africa to Iraq. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert ZAR to IQD. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Iraqi Dinar. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your South Africa to Iraq money transfers.


Which are the best money transfer companies to transfer money to Iraq from South Africa?

Since the South African Rand to Iraqi Dinar money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in South Africa that may also be able to send money to Iraq. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your ZAR to IQD money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Iraq gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next South Africa to Iraq transaction.


Step by step guide to do a money transfer from South Africa to Iraq

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from South Africa to Iraq, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from South Africa to Iraq that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

  • Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
  • Provide information about the receiver - name, address and a bank account in Iraq where they can receive monies in Iraqi Dinar.
  • Then, provide details of your South Africa bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
  • Finally, select the amount you want to transfer, and click Send.
  • The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your ZAR travel to another part of the globe.