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

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

Spain
Iraq
EUR
Interbank Exchange Rate: 1 EUR = 1,518.8663 IQD
Updated about an hour ago

Found 1 Remittance Service Providers

(*)(*)(*)(*)(*)
1000 EUR =
1 486 566.90 IQD
Transfer Limit (EUR): No Limits
Locked-In Rate1 EUR = 1,486.5669 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 Spain 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 Spain, we currently have 1 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 1,486.5669.

Were you looking to send money from Iraq to Spain instead?

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.

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.


Latest EUR to IQD Conversion Rates

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

1 EUR1,518.87 IQD
5 EUR7,594.33 IQD
10 EUR15,188.66 IQD
25 EUR37,971.66 IQD
50 EUR75,943.32 IQD
100 EUR151,886.63 IQD
150 EUR227,829.94 IQD
200 EUR303,773.26 IQD
250 EUR379,716.57 IQD
300 EUR455,659.89 IQD
400 EUR607,546.52 IQD
500 EUR759,433.15 IQD
600 EUR911,319.78 IQD
700 EUR1,063,206.41 IQD
800 EUR1,215,093.04 IQD
1,000 EUR1,518,866.30 IQD
1,500 EUR2,278,299.45 IQD
2,000 EUR3,037,732.60 IQD
2,500 EUR3,797,165.75 IQD
3,000 EUR4,556,598.90 IQD
4,000 EUR6,075,465.20 IQD
5,000 EUR7,594,331.50 IQD
10,000 EUR15,188,663.00 IQD
15,000 EUR22,782,994.50 IQD
20,000 EUR30,377,326.00 IQD
30,000 EUR45,565,989.00 IQD
40,000 EUR60,754,652.00 IQD
50,000 EUR75,943,315.00 IQD
100,000 EUR151,886,630.00 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 to Iraq from Spain?

There are many good choices when it comes to sending money from Spain 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 Euro to IQD money transfers.

We compare different remittance companies to bring you the best options to send money to Iraq from Spain. 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 Euro 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 Spain 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 Spain. 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 Spain 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 Spain to Iraq?

Finding the cheapest way to send money from Spain 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 EUR 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 Spain 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 from Spain to Iraq through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Spain 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 EUR 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 Spain 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 transfer money from Spain to Iraq?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Spain 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 EUR 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 Euro 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 transfer money to Iraq from Spain?

Spain to Iraq money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Iraq as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Euro to Iraqi Dinar money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to transfer money to Iraq from Spain

The first step to send money to Iraq from Spain 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 Spain 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 Spain to Iraq.