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Compare today's LKR to IQD (Sri Lankan Rupee to Iraqi Dinar) exchange rates

Sri Lanka
Iraq
LKR

Interbank Exchange Rate: 1 LKR = 4.2327 IQD
Updated about an hour ago

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All you need to know about Sri Lankan Rupee to Iraqi Dinar money transfers

Easily compare money transfer providers in one place to send money from Sri Lanka to Iraq. Send money overseas to your loved ones by comparing Sri Lankan Rupee (LKR) 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 Sri Lanka.

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Latest LKR to IQD Conversion Rates

Here are some latest LKR to IQD (Sri Lankan Rupee to Iraqi Dinar) exchange rates for popular conversion amounts*.

1 LKR4.23 IQD
5 LKR21.16 IQD
10 LKR42.33 IQD
25 LKR105.82 IQD
50 LKR211.64 IQD
100 LKR423.27 IQD
150 LKR634.91 IQD
200 LKR846.54 IQD
250 LKR1,058.18 IQD
300 LKR1,269.81 IQD
400 LKR1,693.08 IQD
500 LKR2,116.35 IQD
600 LKR2,539.62 IQD
700 LKR2,962.89 IQD
800 LKR3,386.16 IQD
1,000 LKR4,232.70 IQD
1,500 LKR6,349.05 IQD
2,000 LKR8,465.40 IQD
2,500 LKR10,581.75 IQD
3,000 LKR12,698.10 IQD
4,000 LKR16,930.80 IQD
5,000 LKR21,163.50 IQD
10,000 LKR42,327.00 IQD
15,000 LKR63,490.50 IQD
20,000 LKR84,654.00 IQD
30,000 LKR126,981.00 IQD
40,000 LKR169,308.00 IQD
50,000 LKR211,635.00 IQD
100,000 LKR423,270.00 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 Sri Lanka to Iraq money transfers?

It can be very confusing when sending money from Sri Lanka to Iraq given so many choices. Additionally, Sri Lankan Rupee to IQD exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Sri Lanka to Iraq as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Iraq from Sri Lanka. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Sri Lankan Rupee to Iraqi Dinar remittances.


How to get the best exchange rate for sending money from Sri Lanka 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 LKR 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 Sri Lanka 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 LKR 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 for transferring money to Iraq from Sri Lanka?

The final amount your recipient gets when you send LKR to IQD is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Sri Lanka to Iraq used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send Iraqi Dinar is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Sri Lankan Rupee to Iraq exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


How to send money from Sri Lanka to Iraq through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Sri Lanka 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 LKR 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 Sri Lanka 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.


How to send money to Iraq from Sri Lanka fast?

If you need to convert LKR 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 Sri Lanka 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 Sri Lankan Rupee 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 Sri Lanka 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 Sri Lanka?

Since the Sri Lankan Rupee 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 Sri Lanka 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 LKR 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 Sri Lanka to Iraq transaction.


Step by step guide to transfer money to Iraq from Sri Lanka

The first step to send money to Iraq from Sri Lanka 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 LKR 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 Sri Lanka 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 Sri Lanka to Iraq.