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Compare today's USD to IQD (US Dollar to Iraqi Dinar) exchange rates

Turks and Caicos Islands
Iraq
USD

Interbank Exchange Rate: 1 USD = 1,309.3669 IQD
Updated about 1 hours ago

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All you need to know about US Dollar to Iraqi Dinar money transfers

Easily compare money transfer providers in one place to send money from Turks and Caicos Islands to Iraq. Send money overseas to your loved ones by comparing US Dollar (USD) 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 Turks and Caicos Islands.

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Latest USD to IQD Conversion Rates

Here are some latest USD to IQD (US Dollar to Iraqi Dinar) exchange rates for popular conversion amounts*.

1 USD1,309.37 IQD
5 USD6,546.83 IQD
10 USD13,093.67 IQD
25 USD32,734.17 IQD
50 USD65,468.35 IQD
100 USD130,936.69 IQD
150 USD196,405.04 IQD
200 USD261,873.38 IQD
250 USD327,341.73 IQD
300 USD392,810.07 IQD
400 USD523,746.76 IQD
500 USD654,683.45 IQD
600 USD785,620.14 IQD
700 USD916,556.83 IQD
800 USD1,047,493.52 IQD
1,000 USD1,309,366.90 IQD
1,500 USD1,964,050.35 IQD
2,000 USD2,618,733.80 IQD
2,500 USD3,273,417.25 IQD
3,000 USD3,928,100.70 IQD
4,000 USD5,237,467.60 IQD
5,000 USD6,546,834.50 IQD
10,000 USD13,093,669.00 IQD
15,000 USD19,640,503.50 IQD
20,000 USD26,187,338.00 IQD
30,000 USD39,281,007.00 IQD
40,000 USD52,374,676.00 IQD
50,000 USD65,468,345.00 IQD
100,000 USD130,936,690.00 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 Turks and Caicos Islands?

There are many good choices when it comes to sending money from Turks and Caicos Islands to Iraq. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your United States Dollar to IQD money transfers.

We compare different remittance companies to bring you the best options to send money to Iraq from Turks and Caicos Islands. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your United States Dollar to Iraqi Dinar money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best rate to transfer money to Iraq from Turks and Caicos Islands?

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Iraq from Turks and Caicos Islands.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your USD to Iraqi Dinar remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for USD to IQD remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


What's the cheapest way to send money to Iraq from Turks and Caicos Islands?

The final amount your recipient gets when you send USD 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 Turks and Caicos Islands 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 United States Dollar 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.


Should I use my bank to transfer money from Turks and Caicos Islands 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 USD 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 Turks and Caicos Islands 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 Turks and Caicos Islands. They do this by letting you fund your transaction through your local bank account in Turks and Caicos Islands, 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.


What is the fastest way to transfer money from Turks and Caicos Islands to Iraq?

The speed of your United States Dollar 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 USD 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 Turks and Caicos Islands 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 Turks and Caicos Islands bank to Iraq bank transfer.


Which are the best money transfer companies to send money to Iraq from Turks and Caicos Islands?

Since the United States Dollar 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 Turks and Caicos Islands 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 USD 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 Turks and Caicos Islands to Iraq transaction.


Step by step guide to do a money transfer from Turks and Caicos Islands to Iraq

The first step to send money to Iraq from Turks and Caicos Islands 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 USD 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 Turks and Caicos Islands 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 Turks and Caicos Islands to Iraq.