LocalExchangeRates.com

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

Date generated:

Mid-Market Rate: 1 IRR = 0.0007 IQD

Real-Time Interbank Wholesale Feed: October 6, 2026

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

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 IRR in IQD?

1 IRR = 0.0007 IQD

At the current mid-market wholesale exchange rate, converting 1,000 Iranian Rial (IRR) yields approximately 0.75 Iraqi Dinar (IQD) (inverse rate: 1 IQD = 1334.1318 IRR). 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): IRR

You Receive (Estimate): IQD

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

Kurs rynkowy: 1 IRR = 0.0007 IQD

Kurs odwrotny: 1 IQD = 1334.1318 IRR

Status danych: Live Data (Redis)

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

IRR to IQD Real-Time & Historical Rate Chart

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

Period High

0.0008 IQD

Period Low

0.0007 IQD

Volatility / Avg

0.0007 IQD

Mid-Market Trend

+0.25%

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

Min: 0.0007 IQD

Max: 0.0008 IQD

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

Min: 0.0007 IQD

Max: 0.0008 IQD

Standard Denomination Conversion Matrix (IRR & IQD)

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

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

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

Provider / Channel	IRR/IQD Effective Exchange Rate	Estimated Fee	Estimated Received (IQD)	Effective Difference
⚡ LocalExchangeRates Interbank Wholesale (Pure Benchmark)	0.0007 IQD	0.00%	3.75 IQD	Benchmark (0%)
🏦 Major Commercial High-Street Banks Standard bank wire / counter transfer	0.0007 IQD	~3.50%	3.62 IQD	-0.13 IQD
✈️ Airport Currency Exchange Kiosks Airport terminal cash counters	0.0007 IQD	~10.00%	3.37 IQD	-0.37 IQD

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

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

🌏 International Transfers & Travel (Iran ↔ Iraq)

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 Iran (CBI) and Central Bank of Iraq (CBI) shape the medium-to-long term valuation of IRR/IQD.

IRR and IQD Currency Profiles

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

How the IRR to IQD Exchange Rate Works

Foreign exchange transactions between Iran (IRR) and Iraq (IQD) 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 IRR and IQD:

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 Iran (CBI) and Central Bank of Iraq (CBI) serve as the primary long-term drivers for this currency pair.
Customs Cash Declaration Thresholds: Travelers carrying banknotes or negotiable instruments between Iran and Iraq 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 (IQD) 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: Iranian Rial to Iraqi Dinar Conversion

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

How much is 1,000 IRR in IQD today?

At the current mid-market exchange rate (1 IRR = 0.0007 IQD), 1,000 Iranian Rial equals approximately 0.75 Iraqi Dinar. 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 Iranian Rial?

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 IRR?

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 Iran (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.