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Compare today's XOF to IQD (CFA Franc BCEAO to Iraqi Dinar) exchange rates

Togo
Iraq
XOF

Interbank Exchange Rate: 1 XOF = 2.3573 IQD
Updated about 1 hours ago

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All you need to know about CFA Franc BCEAO to Iraqi Dinar money transfers

Easily compare money transfer providers in one place to send money from Togo to Iraq. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) 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 Togo.

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Latest XOF to IQD Conversion Rates

Here are some latest XOF to IQD (CFA Franc BCEAO to Iraqi Dinar) exchange rates for popular conversion amounts*.

1 XOF2.36 IQD
5 XOF11.79 IQD
10 XOF23.57 IQD
25 XOF58.93 IQD
50 XOF117.87 IQD
100 XOF235.73 IQD
150 XOF353.59 IQD
200 XOF471.46 IQD
250 XOF589.32 IQD
300 XOF707.19 IQD
400 XOF942.92 IQD
500 XOF1,178.65 IQD
600 XOF1,414.38 IQD
700 XOF1,650.11 IQD
800 XOF1,885.84 IQD
1,000 XOF2,357.30 IQD
1,500 XOF3,535.95 IQD
2,000 XOF4,714.60 IQD
2,500 XOF5,893.25 IQD
3,000 XOF7,071.90 IQD
4,000 XOF9,429.20 IQD
5,000 XOF11,786.50 IQD
10,000 XOF23,573.00 IQD
15,000 XOF35,359.50 IQD
20,000 XOF47,146.00 IQD
30,000 XOF70,719.00 IQD
40,000 XOF94,292.00 IQD
50,000 XOF117,865.00 IQD
100,000 XOF235,730.00 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 from Togo to Iraq?

It can be very confusing when sending money from Togo to Iraq given so many choices. Additionally, CFA Franc BCEAO 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 Togo 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 Togo. 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 CFA Franc BCEAO to Iraqi Dinar remittances.


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

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Iraq from Togo. 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 XOF 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 Togo 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 Togo to Iraq?

Finding the cheapest way to send money from Togo 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 XOF 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 Togo 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.


Should I use my bank to send money from Togo to Iraq?

We do not recommend using your local bank in Togo for your next XOF to IQD overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Togo to Iraq (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending IQD to Iraq. These companies will let you use your local bank account in Togo to pay for your Iraq money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


What is the fastest way to transfer money from Togo to Iraq?

It could be a stressful experience if you need to rush money quickly from Togo 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 XOF 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 Togo to Iraq money transfers.


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

Comparing money transfer companies for sending money to Iraq from Togo 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 CFA Franc BCEAO 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 CFA Franc BCEAO that you send.


Step by step guide to transfer money to Iraq from Togo

Follow the below easy steps to send money to Iraq from Togo.

  • If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
  • You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
  • Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Togo bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Iraq).
  • Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
  • Add the transfer amount and start the transaction.

The provider will then work on your XOF to IQD remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your transaction.

Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.