Compare today's YER to IQD (Yemeni Rial to Iraqi Dinar) exchange rates
Interbank Exchange Rate: 1 YER = 5.4929 IQD
Updated about an hour ago
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All you need to know about Yemeni Rial to Iraqi Dinar money transfers
Easily compare money transfer providers in one place to send money from Yemen to Iraq. Send money overseas to your loved ones by comparing Yemeni Rial (YER) 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.
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Latest YER to IQD Conversion Rates
Here are some latest YER to IQD (Yemeni Rial to Iraqi Dinar) exchange rates for popular conversion amounts*.
| 1 YER | 5.49 IQD |
| 5 YER | 27.46 IQD |
| 10 YER | 54.93 IQD |
| 25 YER | 137.32 IQD |
| 50 YER | 274.65 IQD |
| 100 YER | 549.29 IQD |
| 150 YER | 823.94 IQD |
| 200 YER | 1,098.58 IQD |
| 250 YER | 1,373.23 IQD |
| 300 YER | 1,647.87 IQD |
| 400 YER | 2,197.16 IQD |
| 500 YER | 2,746.45 IQD |
| 600 YER | 3,295.74 IQD |
| 700 YER | 3,845.03 IQD |
| 800 YER | 4,394.32 IQD |
| 1,000 YER | 5,492.90 IQD |
| 1,500 YER | 8,239.35 IQD |
| 2,000 YER | 10,985.80 IQD |
| 2,500 YER | 13,732.25 IQD |
| 3,000 YER | 16,478.70 IQD |
| 4,000 YER | 21,971.60 IQD |
| 5,000 YER | 27,464.50 IQD |
| 10,000 YER | 54,929.00 IQD |
| 15,000 YER | 82,393.50 IQD |
| 20,000 YER | 109,858.00 IQD |
| 30,000 YER | 164,787.00 IQD |
| 40,000 YER | 219,716.00 IQD |
| 50,000 YER | 274,645.00 IQD |
| 100,000 YER | 549,290.00 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 Yemen to Iraq money transfers?
With the global remittance market booming, there are so many choices for Yemeni Rial to IQD money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Iraq from Yemen. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.
We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final IQD amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.
How to get the best rate to transfer money to Iraq from Yemen?
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 Yemen.At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your YER 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 YER 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 from Yemen to Iraq?
One of the most important things to watch out for is hidden fees when sending money to Iraq from Yemen. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Iraq using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Iraqi Dinar foreign exchange transaction.RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best YER to Iraq exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.
Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Iraq from Yemen.
How to send money from Yemen 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 Yemen 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 YER to IQD transfers.
Given this, there are umpteen additional options to send money to Iraq instead of just your Yemen 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 Yemeni Rial even more so that your recipient in Iraq gets the maximum amount.
What is the fastest way to do a money transfer to Iraq from Yemen?
If you need to convert YER to IQD as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Yemen to Iraq could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.
Apart from the above, there are many other factors that can have an impact on your Yemeni Rial to Iraqi Dinar funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Iraq.
With so many choices available, make sure to compare various forex operators that enable you to remit money from Yemen to Iraq. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.
Which are the best money transfer companies to send money from Yemen to Iraq?
Comparing money transfer companies for sending money to Iraq from Yemen 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 Yemeni Rial 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 Yemeni Rial that you send.
Step by step guide to send money to Iraq from Yemen
Follow the below easy steps to send money to Iraq from Yemen.- 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 Yemen 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.