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Compare today's NOK to IQD (Norwegian Krone to Iraqi Dinar) exchange rates

Svalbard and Jan Mayen
Iraq
NOK

Interbank Exchange Rate: 1 NOK = 135.6918 IQD
Updated about an hour ago

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All you need to know about Norwegian Krone to Iraqi Dinar money transfers

Easily compare money transfer providers in one place to send money from Svalbard and Jan Mayen to Iraq. Send money overseas to your loved ones by comparing Norwegian Krone (NOK) 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 Svalbard and Jan Mayen.

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Latest NOK to IQD Conversion Rates

Here are some latest NOK to IQD (Norwegian Krone to Iraqi Dinar) exchange rates for popular conversion amounts*.

1 NOK135.69 IQD
5 NOK678.46 IQD
10 NOK1,356.92 IQD
25 NOK3,392.30 IQD
50 NOK6,784.59 IQD
100 NOK13,569.18 IQD
150 NOK20,353.77 IQD
200 NOK27,138.36 IQD
250 NOK33,922.95 IQD
300 NOK40,707.54 IQD
400 NOK54,276.72 IQD
500 NOK67,845.90 IQD
600 NOK81,415.08 IQD
700 NOK94,984.26 IQD
800 NOK108,553.44 IQD
1,000 NOK135,691.80 IQD
1,500 NOK203,537.70 IQD
2,000 NOK271,383.60 IQD
2,500 NOK339,229.50 IQD
3,000 NOK407,075.40 IQD
4,000 NOK542,767.20 IQD
5,000 NOK678,459.00 IQD
10,000 NOK1,356,918.00 IQD
15,000 NOK2,035,377.00 IQD
20,000 NOK2,713,836.00 IQD
30,000 NOK4,070,754.00 IQD
40,000 NOK5,427,672.00 IQD
50,000 NOK6,784,590.00 IQD
100,000 NOK13,569,180.00 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 Svalbard and Jan Mayen?

Sending money internationally to Iraq from Svalbard and Jan Mayen 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 Norwegian Krone 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 Svalbard and Jan Mayen to Iraq?

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Iraq.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Svalbard and Jan Mayen to Iraq transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your NOK to Iraqi Dinar money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


What's the cheapest way to transfer money from Svalbard and Jan Mayen to Iraq?

The final amount your recipient gets when you send NOK 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 Svalbard and Jan Mayen 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 Norwegian Krone 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 Svalbard and Jan Mayen to Iraq through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Svalbard and Jan Mayen 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 NOK 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 Svalbard and Jan Mayen 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 Svalbard and Jan Mayen?

If you need to convert NOK 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 Svalbard and Jan Mayen 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 Norwegian Krone 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 Svalbard and Jan Mayen 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 transfer money to Iraq from Svalbard and Jan Mayen?

Comparing money transfer companies for sending money to Iraq from Svalbard and Jan Mayen 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 Norwegian Krone 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 Norwegian Krone that you send.


Step by step guide to send money from Svalbard and Jan Mayen to Iraq

There are many important aspects of Svalbard and Jan Mayen to Iraq remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

  • Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
  • Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Svalbard and Jan Mayen bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
  • Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include IQD bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
  • Step 4 - Provision recipient details including name and address.
  • Step 5 - Decide how much Norwegian Krone amount you want to send from Svalbard and Jan Mayen.
  • Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
  • Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Iraq to validate that they get the money once the transaction clears.