LocalExchangeRates.com

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

Date generated:

Mid-Market Rate: 1 PKR = 4.7297 IQD

Real-Time Interbank Wholesale Feed: October 6, 2026

Pakistani Rupee to Iraqi Dinar Exchange Rate (PKR 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 PKR in IQD?

1 PKR = 4.7297 IQD

At the current mid-market wholesale exchange rate, converting 1,000 Pakistani Rupee (PKR) yields approximately 4,729.70 Iraqi Dinar (IQD) (inverse rate: 1 IQD = 0.2114 PKR). 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): PKR

You Receive (Estimate): IQD

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

Kurs rynkowy: 1 PKR = 4.7297 IQD

Kurs odwrotny: 1 IQD = 0.2114 PKR

Status danych: Live Data (Redis)

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

PKR to IQD Real-Time & Historical Rate Chart

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

Period High

4.7865 IQD

Period Low

4.6729 IQD

Volatility / Avg

4.7297 IQD

Mid-Market Trend

+0.25%

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

Min: 4.6729 IQD

Max: 4.7865 IQD

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

Min: 4.5642 IQD

Max: 4.8952 IQD

Standard Denomination Conversion Matrix (PKR & IQD)

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

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

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

Provider / Channel	PKR/IQD Effective Exchange Rate	Estimated Fee	Estimated Received (IQD)	Effective Difference
⚡ LocalExchangeRates Interbank Wholesale (Pure Benchmark)	4.7297 IQD	0.00%	23,648.48 IQD	Benchmark (0%)
🏦 Major Commercial High-Street Banks Standard bank wire / counter transfer	4.5642 IQD	~3.50%	22,820.78 IQD	-827.70 IQD
✈️ Airport Currency Exchange Kiosks Airport terminal cash counters	4.2567 IQD	~10.00%	21,283.63 IQD	-2,364.85 IQD

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

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

🌏 International Transfers & Travel (Pakistan ↔ 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 State Bank of Pakistan (SBP) and Central Bank of Iraq (CBI) shape the medium-to-long term valuation of PKR/IQD.

PKR and IQD Currency Profiles

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

How the PKR to IQD Exchange Rate Works

Foreign exchange transactions between Pakistan (PKR) 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 PKR 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 State Bank of Pakistan (SBP) 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 Pakistan 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: Pakistani Rupee to Iraqi Dinar Conversion

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

How much is 1,000 PKR in IQD today?

At the current mid-market exchange rate (1 PKR = 4.7297 IQD), 1,000 Pakistani Rupee equals approximately 4,729.70 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 Pakistani Rupee?

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 PKR?

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 (State Bank of Pakistan (SBP)) 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.