LocalExchangeRates.com

Official Rate Sheet: Iraqi Dinar (IQD) / Iranian Rial (IRR)

Date generated:

Mid-Market Rate: 1 IQD = 1334.1318 IRR

Real-Time Interbank Wholesale Feed: October 6, 2026

Iraqi Dinar to Iranian Rial Exchange Rate (IQD to IRR)

Real-time mid-market wholesale rate with zero retail markup. Check benchmark pricing before bank conversion or international wire transfer.

Bottom Line Up Front (BLUF): How much is 1,000 IQD in IRR?

1 IQD = 1334.1318 IRR

At the current mid-market wholesale exchange rate, converting 1,000 Iraqi Dinar (IQD) yields approximately 1,334,131.79 Iranian Rial (IRR) (inverse rate: 1 IRR = 0.0007 IQD). This rate represents the pure interbank benchmark. Retail dealers and commercial banks typically apply a commercial spread between 1.5% and 3.5%. View live calculations, historical charts, and provider spreads below.

You Pay (Amount): IQD

You Receive (Estimate): IRR

Wycena na podstawie średniego kursu międzybankowego (0,00% marży)

Kurs rynkowy: 1 IQD = 1334.1318 IRR

Kurs odwrotny: 1 IRR = 0.0007 IQD

Status danych: Live Data (Redis)

Looking for reverse calculation? Check IRR to IQD (Iranian Rial to Iraqi Dinar) Live Converter →

IQD to IRR Real-Time & Historical Rate Chart

Track historical volatility and key price support levels for Iraqi Dinar against Iranian Rial

Period High

1350.1414 IRR

Period Low

1318.1222 IRR

Volatility / Avg

1334.1318 IRR

Mid-Market Trend

+0.25%

30-Day Range (1M) Position: 50% range

Min: 1318.1222 IRR

Max: 1350.1414 IRR

52-Week Range (1Y) Current Position: 65% Range

Min: 1287.4372 IRR

Max: 1380.8264 IRR

Standard Denomination Conversion Matrix (IQD & IRR)

Wholesale interbank rate matrix with zero retail markup or hidden fees.

Iraqi Dinar → Iranian Rial (IQD / IRR)

Wholesale Benchmark

Iraqi Dinar (IQD)	Iranian Rial (IRR)
1 IQD	1,334.13 IRR
5 IQD	6,670.66 IRR
10 IQD	13,341.32 IRR
25 IQD	33,353.29 IRR
50 IQD	66,706.59 IRR
100 IQD	133,413.18 IRR
200 IQD	266,826.36 IRR
250 IQD	333,532.95 IRR
500 IQD	667,065.89 IRR
1,000 IQD	1,334,131.79 IRR
2,500 IQD	3,335,329.47 IRR
5,000 IQD	6,670,658.94 IRR
10,000 IQD	13,341,317.89 IRR

Iranian Rial → Iraqi Dinar (IRR / IQD)

Wholesale Benchmark

Iranian Rial (IRR)	Iraqi Dinar (IQD)
1 IRR	0.00 IQD
5 IRR	0.00 IQD
10 IRR	0.01 IQD
25 IRR	0.02 IQD
50 IRR	0.04 IQD
100 IRR	0.07 IQD
200 IRR	0.15 IQD
250 IRR	0.19 IQD
500 IRR	0.37 IQD
1,000 IRR	0.75 IQD
2,500 IRR	1.87 IQD
5,000 IRR	3.75 IQD
10,000 IRR	7.50 IQD

Provider / Channel	IQD/IRR Effective Exchange Rate	Estimated Fee	Estimated Received (IRR)	Effective Difference
⚡ LocalExchangeRates Interbank Wholesale (Pure Benchmark)	1334.1318 IRR	0.00%	6,670,658.94 IRR	Benchmark (0%)
🏦 Major Commercial High-Street Banks Standard bank wire / counter transfer	1,287.4372 IRR	~3.50%	6,437,185.88 IRR	-233,473.06 IRR
✈️ Airport Currency Exchange Kiosks Airport terminal cash counters	1,200.7186 IRR	~10.00%	6,003,593.05 IRR	-667,065.89 IRR

1 IQD to IRR: Iraqi Dinar to Iranian Rial Exchange Guide

Searches for 1 IQD to IRR or convert IQD to IRR describe the amount of Iranian Rial received per 1 Iraqi Dinar. At today's wholesale baseline of 1 IQD = 1334.1318 IRR (inverse: 1 IRR = 0.0007 IQD), understanding retail bank margins helps protect your funds:

🌏 International Transfers & Travel (Iraq ↔ Iran)

Whether remitting money internationally or budgeting for travel, benchmark retail bank quotes against the wholesale mid-market rate to avoid excessive markups.

🏦 Commercial Bank Spreads

Major commercial banks typically add markups between 1.5% and 3.5% on foreign currencies, whereas digital multi-currency accounts operate with tighter margins.

📈 Monetary Policy Drivers

Interest rate decisions and monetary policies set by Central Bank of Iraq (CBI) and Central Bank of Iran (CBI) shape the medium-to-long term valuation of IQD/IRR.

IQD and IRR Currency Profiles

Official monetary framework, central bank governance, and banknote specifications for Iraq and Iran.

How the IQD to IRR Exchange Rate Works

Foreign exchange transactions between Iraq (IQD) and Iran (IRR) trade continuously on global wholesale interbank currency markets. The mid-market rate represents the exact mathematical midpoint between institutional buy (bid) and sell (ask) quotes without retail dealer markups.

Key considerations when converting or transferring between IQD and IRR:

Banking Channel Selection: Digital banking transfers and specialized multi-currency accounts generally offer exchange margins of 0.2% to 0.8%, whereas airport physical cash booths frequently charge 8% to 12% over the interbank baseline.
Central Bank Oversight & Policy: Monetary policy decisions, policy interest rate differentials, and currency reserves managed by Central Bank of Iraq (CBI) and Central Bank of Iran (CBI) serve as the primary long-term drivers for this currency pair.
Customs Cash Declaration Thresholds: Travelers carrying banknotes or negotiable instruments between Iraq and Iran exceeding equivalent to 10,000 USD or EUR are legally required to file written declarations with border authorities.
Avoid Dynamic Currency Conversion (DCC): When using payment cards abroad or withdrawing cash from ATMs, always elect to be billed in the local currency (IRR) rather than your home billing currency to bypass costly DCC conversion markups.

LocalExchangeRates aggregates real-time wholesale interbank benchmarks to provide users with transparent, independent currency valuation.

Frequently Asked Questions: Iraqi Dinar to Iranian Rial Conversion

Common questions regarding Iraqi Dinar to Iranian Rial conversion, bank spreads, and transfer costs.

How much is 1,000 IQD in IRR today?

At the current mid-market exchange rate (1 IQD = 1334.1318 IRR), 1,000 Iraqi Dinar equals approximately 1,334,131.79 Iranian Rial. Retail exchange bureaus and commercial banks typically apply a 1.5% to 3.5% transaction spread.

Where can I get the best exchange rate for Iraqi Dinar?

To secure the best rates, avoid airport currency kiosks which routinely apply markups exceeding 8% to 12%. Converting currency at major commercial banks or using a low-fee multi-currency card typically delivers the closest rate to the mid-market benchmark.

Are there cash declaration limits when traveling with IQD?

Most international customs jurisdictions mandate a formal declaration when carrying physical cash or negotiable instruments exceeding the equivalent of 10,000 USD or EUR. Check with local customs authority (Central Bank of Iraq (CBI)) prior to departure.

Does the exchange rate fluctuate during weekends?

Global interbank foreign exchange markets close on Friday evening (5:00 PM EST) and reopen on Sunday evening. Over the weekend, rates remain static at the Friday close, though retail providers may widen spreads to offset volatility risks.

How is the mid-market exchange rate calculated?

The mid-market exchange rate is the exact midpoint between global wholesale institutional buy (bid) and sell (ask) quotes. It serves as the global benchmark without any added retail broker or banking markup.