LocalExchangeRates.com

Official Rate Sheet: Iraqi Dinar (IQD) / Pakistani Rupee (PKR)

Date generated:

Mid-Market Rate: 1 IQD = 0.2114 PKR

Real-Time Interbank Wholesale Feed: October 6, 2026

Iraqi Dinar to Pakistani Rupee Exchange Rate (IQD to PKR)

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 PKR?

1 IQD = 0.2114 PKR

At the current mid-market wholesale exchange rate, converting 1,000 Iraqi Dinar (IQD) yields approximately 211.43 Pakistani Rupee (PKR) (inverse rate: 1 PKR = 4.7297 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): PKR

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

Kurs rynkowy: 1 IQD = 0.2114 PKR

Kurs odwrotny: 1 PKR = 4.7297 IQD

Status danych: Live Data (Redis)

Looking for reverse calculation? Check PKR to IQD (Pakistani Rupee to Iraqi Dinar) Live Converter →

IQD to PKR Real-Time & Historical Rate Chart

Track historical volatility and key price support levels for Iraqi Dinar against Pakistani Rupee

Period High

0.2140 PKR

Period Low

0.2089 PKR

Volatility / Avg

0.2114 PKR

Mid-Market Trend

+0.25%

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

Min: 0.2089 PKR

Max: 0.2140 PKR

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

Min: 0.2040 PKR

Max: 0.2188 PKR

Standard Denomination Conversion Matrix (IQD & PKR)

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

Iraqi Dinar → Pakistani Rupee (IQD / PKR)

Wholesale Benchmark

Iraqi Dinar (IQD)	Pakistani Rupee (PKR)
1 IQD	0.21 PKR
5 IQD	1.06 PKR
10 IQD	2.11 PKR
25 IQD	5.29 PKR
50 IQD	10.57 PKR
100 IQD	21.14 PKR
200 IQD	42.29 PKR
250 IQD	52.86 PKR
500 IQD	105.72 PKR
1,000 IQD	211.43 PKR
2,500 IQD	528.58 PKR
5,000 IQD	1,057.15 PKR
10,000 IQD	2,114.30 PKR

Pakistani Rupee → Iraqi Dinar (PKR / IQD)

Wholesale Benchmark

Pakistani Rupee (PKR)	Iraqi Dinar (IQD)
1 PKR	4.73 IQD
5 PKR	23.65 IQD
10 PKR	47.30 IQD
25 PKR	118.24 IQD
50 PKR	236.48 IQD
100 PKR	472.97 IQD
200 PKR	945.94 IQD
250 PKR	1,182.42 IQD
500 PKR	2,364.85 IQD
1,000 PKR	4,729.70 IQD
2,500 PKR	11,824.24 IQD
5,000 PKR	23,648.48 IQD
10,000 PKR	47,296.96 IQD

Provider / Channel	IQD/PKR Effective Exchange Rate	Estimated Fee	Estimated Received (PKR)	Effective Difference
⚡ LocalExchangeRates Interbank Wholesale (Pure Benchmark)	0.2114 PKR	0.00%	1,057.15 PKR	Benchmark (0%)
🏦 Major Commercial High-Street Banks Standard bank wire / counter transfer	0.2040 PKR	~3.50%	1,020.15 PKR	-37.00 PKR
✈️ Airport Currency Exchange Kiosks Airport terminal cash counters	0.1903 PKR	~10.00%	951.44 PKR	-105.72 PKR

1 IQD to PKR: Iraqi Dinar to Pakistani Rupee Exchange Guide

Searches for 1 IQD to PKR or convert IQD to PKR describe the amount of Pakistani Rupee received per 1 Iraqi Dinar. At today's wholesale baseline of 1 IQD = 0.2114 PKR (inverse: 1 PKR = 4.7297 IQD), understanding retail bank margins helps protect your funds:

🌏 International Transfers & Travel (Iraq ↔ Pakistan)

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 State Bank of Pakistan (SBP) shape the medium-to-long term valuation of IQD/PKR.

IQD and PKR Currency Profiles

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

How the IQD to PKR Exchange Rate Works

Foreign exchange transactions between Iraq (IQD) and Pakistan (PKR) 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 PKR:

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 State Bank of Pakistan (SBP) serve as the primary long-term drivers for this currency pair.
Customs Cash Declaration Thresholds: Travelers carrying banknotes or negotiable instruments between Iraq and Pakistan 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 (PKR) 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 Pakistani Rupee Conversion

Common questions regarding Iraqi Dinar to Pakistani Rupee conversion, bank spreads, and transfer costs.

How much is 1,000 IQD in PKR today?

At the current mid-market exchange rate (1 IQD = 0.2114 PKR), 1,000 Iraqi Dinar equals approximately 211.43 Pakistani Rupee. 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.