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Compare today's TMT to IQD (Turkmenistan Manat to Iraqi Dinar) exchange rates

Turkmenistan
Iraq
TMT

Interbank Exchange Rate: 1 TMT = 373.0391 IQD
Updated about an hour ago

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All you need to know about Turkmenistan Manat to Iraqi Dinar money transfers

Easily compare money transfer providers in one place to send money from Turkmenistan to Iraq. Send money overseas to your loved ones by comparing Turkmenistan Manat (TMT) 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 Turkmenistan.

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Latest TMT to IQD Conversion Rates

Here are some latest TMT to IQD (Turkmenistan Manat to Iraqi Dinar) exchange rates for popular conversion amounts*.

1 TMT373.04 IQD
5 TMT1,865.20 IQD
10 TMT3,730.39 IQD
25 TMT9,325.98 IQD
50 TMT18,651.96 IQD
100 TMT37,303.91 IQD
150 TMT55,955.87 IQD
200 TMT74,607.82 IQD
250 TMT93,259.78 IQD
300 TMT111,911.73 IQD
400 TMT149,215.64 IQD
500 TMT186,519.55 IQD
600 TMT223,823.46 IQD
700 TMT261,127.37 IQD
800 TMT298,431.28 IQD
1,000 TMT373,039.10 IQD
1,500 TMT559,558.65 IQD
2,000 TMT746,078.20 IQD
2,500 TMT932,597.75 IQD
3,000 TMT1,119,117.30 IQD
4,000 TMT1,492,156.40 IQD
5,000 TMT1,865,195.50 IQD
10,000 TMT3,730,391.00 IQD
15,000 TMT5,595,586.50 IQD
20,000 TMT7,460,782.00 IQD
30,000 TMT11,191,173.00 IQD
40,000 TMT14,921,564.00 IQD
50,000 TMT18,651,955.00 IQD
100,000 TMT37,303,910.00 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 Turkmenistan to Iraq money transfers?

Sending money internationally to Iraq from Turkmenistan 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 Turkmenistan Manat 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 remit rate for transferring money from Turkmenistan to Iraq?

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 Turkmenistan 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 TMT 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 Turkmenistan Manat 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 transfer money from Turkmenistan to Iraq?

Finding the cheapest way to send money from Turkmenistan 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 TMT 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 Turkmenistan 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 transfer money from Turkmenistan to Iraq?

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low TMT to IQD exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Turkmenistan to Iraq money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to Iraq from Turkmenistan. They do this by letting you fund your transaction through your local bank account in Turkmenistan, and by allowing you to choose the payout to be your recipient's bank account in Iraq. But, you are likely to get much better rates and lower fees compared to your bank.


How to send money to Iraq from Turkmenistan fast?

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


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

Turkmenistan 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 Turkmenistan Manat 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 do a money transfer from Turkmenistan to Iraq

The first step to send money to Iraq from Turkmenistan 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 TMT 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 Turkmenistan 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 Turkmenistan to Iraq.