Compare today's MAD to IQD (Moroccan Dirham to Iraqi Dinar) exchange rates
Interbank Exchange Rate: 1 MAD = 142.8135 IQD
Updated about an hour ago
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All you need to know about Moroccan Dirham to Iraqi Dinar money transfers
Easily compare money transfer providers in one place to send money from Western Sahara to Iraq. Send money overseas to your loved ones by comparing Moroccan Dirham (MAD) 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 Western Sahara.
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Latest MAD to IQD Conversion Rates
Here are some latest MAD to IQD (Moroccan Dirham to Iraqi Dinar) exchange rates for popular conversion amounts*.
| 1 MAD | 142.81 IQD |
| 5 MAD | 714.07 IQD |
| 10 MAD | 1,428.14 IQD |
| 25 MAD | 3,570.34 IQD |
| 50 MAD | 7,140.68 IQD |
| 100 MAD | 14,281.35 IQD |
| 150 MAD | 21,422.03 IQD |
| 200 MAD | 28,562.70 IQD |
| 250 MAD | 35,703.38 IQD |
| 300 MAD | 42,844.05 IQD |
| 400 MAD | 57,125.40 IQD |
| 500 MAD | 71,406.75 IQD |
| 600 MAD | 85,688.10 IQD |
| 700 MAD | 99,969.45 IQD |
| 800 MAD | 114,250.80 IQD |
| 1,000 MAD | 142,813.50 IQD |
| 1,500 MAD | 214,220.25 IQD |
| 2,000 MAD | 285,627.00 IQD |
| 2,500 MAD | 357,033.75 IQD |
| 3,000 MAD | 428,440.50 IQD |
| 4,000 MAD | 571,254.00 IQD |
| 5,000 MAD | 714,067.50 IQD |
| 10,000 MAD | 1,428,135.00 IQD |
| 15,000 MAD | 2,142,202.50 IQD |
| 20,000 MAD | 2,856,270.00 IQD |
| 30,000 MAD | 4,284,405.00 IQD |
| 40,000 MAD | 5,712,540.00 IQD |
| 50,000 MAD | 7,140,675.00 IQD |
| 100,000 MAD | 14,281,350.00 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 Western Sahara?
It can be very confusing when sending money from Western Sahara to Iraq given so many choices. Additionally, Moroccan Dirham 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 Western Sahara 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 Western Sahara. 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 Moroccan Dirham to Iraqi Dinar remittances.
How to get the best remit rate for transferring money from Western Sahara 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 Western Sahara 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 MAD 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 Moroccan Dirham 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 from Western Sahara to Iraq?
The final amount your recipient gets when you send MAD 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 Western Sahara 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 Moroccan Dirham 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 Western Sahara to Iraq through a bank?
One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Western Sahara to Iraq money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like MAD to IQD transfers.
Given this, there are umpteen additional options to send money to Iraq instead of just your Western Sahara bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your Moroccan Dirham even more so that your recipient in Iraq gets the maximum amount.
How to send money from Western Sahara to Iraq fast?
How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Western Sahara to Iraq. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.To help you convert MAD to IQD fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.
If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Moroccan Dirham amount reaching Iraq. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.
Hopefully, you do not find yourself in a crisis where you have to rush Iraqi Dinar quickly to Iraq, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.
Which are the best money transfer companies to transfer money from Western Sahara to Iraq?
The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Western Sahara to Iraq, we can help you in choosing the best provider.There are several key points you would want to check for; these include, but are not limited to, the best Moroccan Dirham to Iraqi Dinar exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.
After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your IQD money transfers to Iraq. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.
Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Iraq getting more money for every Moroccan Dirham you send.
Step by step guide to send money to Iraq from Western Sahara
Follow the below easy steps to send money to Iraq from Western Sahara.- 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 Western Sahara 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.
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.