LocalExchangeRates.com

Official Rate Sheet: West African CFA Franc (XOF) / Iraqi Dinar (IQD)

Date generated:

Mid-Market Rate: 1 XOF = 2.2378 IQD

Real-Time Interbank Wholesale Feed: October 6, 2026

West African CFA Franc to Iraqi Dinar Exchange Rate (XOF 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 XOF in IQD?

1 XOF = 2.2378 IQD

At the current mid-market wholesale exchange rate, converting 1,000 West African CFA Franc (XOF) yields approximately 2,237.79 Iraqi Dinar (IQD) (inverse rate: 1 IQD = 0.4469 XOF). 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): XOF

You Receive (Estimate): IQD

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

Kurs rynkowy: 1 XOF = 2.2378 IQD

Kurs odwrotny: 1 IQD = 0.4469 XOF

Status danych: Live Data (Redis)

Looking for reverse calculation? Check IQD to XOF (Iraqi Dinar to West African CFA Franc) Live Converter →

XOF to IQD Real-Time & Historical Rate Chart

Track historical volatility and key price support levels for West African CFA Franc against Iraqi Dinar

Period High

2.2646 IQD

Period Low

2.2109 IQD

Volatility / Avg

2.2378 IQD

Mid-Market Trend

+0.25%

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

Min: 2.2109 IQD

Max: 2.2646 IQD

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

Min: 2.1595 IQD

Max: 2.3161 IQD

Standard Denomination Conversion Matrix (XOF & IQD)

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

West African CFA Franc → Iraqi Dinar (XOF / IQD)

Wholesale Benchmark

West African CFA Franc (XOF)	Iraqi Dinar (IQD)
1 XOF	2.24 IQD
5 XOF	11.19 IQD
10 XOF	22.38 IQD
25 XOF	55.94 IQD
50 XOF	111.89 IQD
100 XOF	223.78 IQD
200 XOF	447.56 IQD
250 XOF	559.45 IQD
500 XOF	1,118.90 IQD
1,000 XOF	2,237.79 IQD
2,500 XOF	5,594.49 IQD
5,000 XOF	11,188.97 IQD
10,000 XOF	22,377.94 IQD

Iraqi Dinar → West African CFA Franc (IQD / XOF)

Wholesale Benchmark

Iraqi Dinar (IQD)	West African CFA Franc (XOF)
1 IQD	0.45 XOF
5 IQD	2.23 XOF
10 IQD	4.47 XOF
25 IQD	11.17 XOF
50 IQD	22.34 XOF
100 IQD	44.69 XOF
200 IQD	89.37 XOF
250 IQD	111.72 XOF
500 IQD	223.43 XOF
1,000 IQD	446.87 XOF
2,500 IQD	1,117.17 XOF
5,000 IQD	2,234.34 XOF
10,000 IQD	4,468.69 XOF

Provider / Channel	XOF/IQD Effective Exchange Rate	Estimated Fee	Estimated Received (IQD)	Effective Difference
⚡ LocalExchangeRates Interbank Wholesale (Pure Benchmark)	2.2378 IQD	0.00%	11,188.97 IQD	Benchmark (0%)
🏦 Major Commercial High-Street Banks Standard bank wire / counter transfer	2.1595 IQD	~3.50%	10,797.36 IQD	-391.61 IQD
✈️ Airport Currency Exchange Kiosks Airport terminal cash counters	2.0140 IQD	~10.00%	10,070.07 IQD	-1,118.90 IQD

1 XOF to IQD: West African CFA Franc to Iraqi Dinar Exchange Guide

Searches for 1 XOF to IQD or convert XOF to IQD describe the amount of Iraqi Dinar received per 1 West African CFA Franc. At today's wholesale baseline of 1 XOF = 2.2378 IQD (inverse: 1 IQD = 0.4469 XOF), understanding retail bank margins helps protect your funds:

🌏 International Transfers & Travel (West Africa (UEMOA) ↔ 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 West African States (BCEAO) and Central Bank of Iraq (CBI) shape the medium-to-long term valuation of XOF/IQD.

XOF and IQD Currency Profiles

Official monetary framework, central bank governance, and banknote specifications for West Africa (UEMOA) and Iraq.

How the XOF to IQD Exchange Rate Works

Foreign exchange transactions between West Africa (UEMOA) (XOF) 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 XOF 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 West African States (BCEAO) 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 West Africa (UEMOA) 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: West African CFA Franc to Iraqi Dinar Conversion

Common questions regarding West African CFA Franc to Iraqi Dinar conversion, bank spreads, and transfer costs.

How much is 1,000 XOF in IQD today?

At the current mid-market exchange rate (1 XOF = 2.2378 IQD), 1,000 West African CFA Franc equals approximately 2,237.79 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 West African CFA Franc?

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 XOF?

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 West African States (BCEAO)) 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.