LocalExchangeRates.com

Official Rate Sheet: Iraqi Dinar (IQD) / Panamanian Balboa (PAB)

Date generated:

Mid-Market Rate: 1 IQD = 0.0008 PAB

Real-Time Interbank Wholesale Feed: October 6, 2026

Iraqi Dinar to Panamanian Balboa Exchange Rate (IQD to PAB)

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 PAB?

1 IQD = 0.0008 PAB

At the current mid-market wholesale exchange rate, converting 1,000 Iraqi Dinar (IQD) yields approximately 0.76 Panamanian Balboa (PAB) (inverse rate: 1 PAB = 1310.0196 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): PAB

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

Kurs rynkowy: 1 IQD = 0.0008 PAB

Kurs odwrotny: 1 PAB = 1310.0196 IQD

Status danych: Live Data (Redis)

Looking for reverse calculation? Check PAB to IQD (Panamanian Balboa to Iraqi Dinar) Live Converter →

IQD to PAB Real-Time & Historical Rate Chart

Track historical volatility and key price support levels for Iraqi Dinar against Panamanian Balboa

Period High

0.0008 PAB

Period Low

0.0008 PAB

Volatility / Avg

0.0008 PAB

Mid-Market Trend

+0.25%

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

Min: 0.0008 PAB

Max: 0.0008 PAB

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

Min: 0.0007 PAB

Max: 0.0008 PAB

Standard Denomination Conversion Matrix (IQD & PAB)

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

Iraqi Dinar → Panamanian Balboa (IQD / PAB)

Wholesale Benchmark

Iraqi Dinar (IQD)	Panamanian Balboa (PAB)
1 IQD	0.00 PAB
5 IQD	0.00 PAB
10 IQD	0.01 PAB
25 IQD	0.02 PAB
50 IQD	0.04 PAB
100 IQD	0.08 PAB
200 IQD	0.15 PAB
250 IQD	0.19 PAB
500 IQD	0.38 PAB
1,000 IQD	0.76 PAB
2,500 IQD	1.91 PAB
5,000 IQD	3.82 PAB
10,000 IQD	7.63 PAB

Panamanian Balboa → Iraqi Dinar (PAB / IQD)

Wholesale Benchmark

Panamanian Balboa (PAB)	Iraqi Dinar (IQD)
1 PAB	1,310.02 IQD
5 PAB	6,550.10 IQD
10 PAB	13,100.20 IQD
25 PAB	32,750.49 IQD
50 PAB	65,500.98 IQD
100 PAB	131,001.96 IQD
200 PAB	262,003.92 IQD
250 PAB	327,504.91 IQD
500 PAB	655,009.81 IQD
1,000 PAB	1,310,019.62 IQD
2,500 PAB	3,275,049.05 IQD
5,000 PAB	6,550,098.11 IQD
10,000 PAB	13,100,196.22 IQD

Provider / Channel	IQD/PAB Effective Exchange Rate	Estimated Fee	Estimated Received (PAB)	Effective Difference
⚡ LocalExchangeRates Interbank Wholesale (Pure Benchmark)	0.0008 PAB	0.00%	3.82 PAB	Benchmark (0%)
🏦 Major Commercial High-Street Banks Standard bank wire / counter transfer	0.0007 PAB	~3.50%	3.68 PAB	-0.13 PAB
✈️ Airport Currency Exchange Kiosks Airport terminal cash counters	0.0007 PAB	~10.00%	3.44 PAB	-0.38 PAB

1 IQD to PAB: Iraqi Dinar to Panamanian Balboa Exchange Guide

Searches for 1 IQD to PAB or convert IQD to PAB describe the amount of Panamanian Balboa received per 1 Iraqi Dinar. At today's wholesale baseline of 1 IQD = 0.0008 PAB (inverse: 1 PAB = 1310.0196 IQD), understanding retail bank margins helps protect your funds:

🌏 International Transfers & Travel (Iraq ↔ Panama)

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 National Bank of Panama (BNP) shape the medium-to-long term valuation of IQD/PAB.

IQD and PAB Currency Profiles

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

How the IQD to PAB Exchange Rate Works

Foreign exchange transactions between Iraq (IQD) and Panama (PAB) 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 PAB:

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 National Bank of Panama (BNP) serve as the primary long-term drivers for this currency pair.
Customs Cash Declaration Thresholds: Travelers carrying banknotes or negotiable instruments between Iraq and Panama 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 (PAB) 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 Panamanian Balboa Conversion

Common questions regarding Iraqi Dinar to Panamanian Balboa conversion, bank spreads, and transfer costs.

How much is 1,000 IQD in PAB today?

At the current mid-market exchange rate (1 IQD = 0.0008 PAB), 1,000 Iraqi Dinar equals approximately 0.76 Panamanian Balboa. 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.