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

Compare today's SEK to IQD (Swedish Krona to Iraqi Dinar) exchange rates

Sweden
Iraq
SEK
Interbank Exchange Rate: 1 SEK = 137.8418 IQD
Updated about an hour ago

Found 2 Remittance Service Providers

(*)(*)(*)(*)(*)
1000 SEK =
131 769.10 IQD
Transfer Limit (SEK): No Limits
Locked-In Rate1 SEK = 131.7691 IQD
(*)(*)(*)(*)(*)
1000 SEK =
131 483.50 IQD
Transfer Limit (SEK): 1 - 100000
Locked-In Rate1 SEK = 131.4835 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 Swedish Krona to Iraqi Dinar money transfers

Easily compare money transfer providers in one place to send money from Sweden to Iraq. Send money overseas to your loved ones by comparing Swedish Krona (SEK) 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 Sweden, we currently have 2 remittance service providers available.

Western Union currently offers the most competitive rate for sending money to Iraq and their 1 SEK to IQD exchange rate today is 131.7691.

The next best Swedish Krona to Iraqi Dinar exchange rate today for money transfers to Iraq is offered by Ria Money Transfer (1 SEK = 131.4835 IQD).

Were you looking to send money from Iraq to Sweden 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 SEK to IQD Conversion Rates

Here are some latest SEK to IQD (Swedish Krona to Iraqi Dinar) exchange rates for popular conversion amounts*.

1 SEK137.84 IQD
5 SEK689.21 IQD
10 SEK1,378.42 IQD
25 SEK3,446.05 IQD
50 SEK6,892.09 IQD
100 SEK13,784.18 IQD
150 SEK20,676.27 IQD
200 SEK27,568.36 IQD
250 SEK34,460.45 IQD
300 SEK41,352.54 IQD
400 SEK55,136.72 IQD
500 SEK68,920.90 IQD
600 SEK82,705.08 IQD
700 SEK96,489.26 IQD
800 SEK110,273.44 IQD
1,000 SEK137,841.80 IQD
1,500 SEK206,762.70 IQD
2,000 SEK275,683.60 IQD
2,500 SEK344,604.50 IQD
3,000 SEK413,525.40 IQD
4,000 SEK551,367.20 IQD
5,000 SEK689,209.00 IQD
10,000 SEK1,378,418.00 IQD
15,000 SEK2,067,627.00 IQD
20,000 SEK2,756,836.00 IQD
30,000 SEK4,135,254.00 IQD
40,000 SEK5,513,672.00 IQD
50,000 SEK6,892,090.00 IQD
100,000 SEK13,784,180.00 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 Sweden?

It can be very confusing when sending money from Sweden to Iraq given so many choices. Additionally, Swedish Krona 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 Sweden 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 Sweden. 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 Swedish Krona to Iraqi Dinar remittances.


How to get the best rate to transfer money to Iraq from Sweden?

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Sweden to Iraq transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your SEK to Iraqi Dinar international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Swedish Krona to Iraqi Dinar exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


What's the cheapest way to send money to Iraq from Sweden?

When you want to send money to Iraq from Sweden, 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 SEK 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 Sweden 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 Sweden 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 from Sweden to Iraq through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Sweden 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 SEK 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 Sweden 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 Sweden?

The speed of your Swedish Krona 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 SEK 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 Sweden 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 Sweden bank to Iraq bank transfer.


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

Since the Swedish Krona 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 Sweden 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 SEK 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 Sweden to Iraq transaction.


Step by step guide to send money from Sweden to Iraq

There are many important aspects of Sweden 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 - Sweden 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 Swedish Krona amount you want to send from Sweden.
  • 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.