1 IQD to GBP - Convert Iraqi Dinar to British Pound

Looking at the 30-day window, the IQD/GBP pair traded in a range of 0.000500 to 0.000600. The monthly average was 0.000592 with 4.23% volatility. This downward movement of 5.8% suggests significant momentum in the IQD/GBP exchange rate.

The current mid-market exchange rate is 1 IQD = 0.000574 GBP, updated as of July 3, 2026, 4:03 PM UTC. Mid-market rates represent the fairest available rate and are the midpoint between buy and sell prices on global currency markets. Actual transaction rates from banks or money transfer services may include a markup above this rate.

Iraqi Dinar to British Pound Exchange Rate

The IQD/GBP exchange rate tells you how many British Pound (GBP) you receive for every Iraqi Dinar (IQD). At the current mid-market rate of 1 IQD = 0.000574 GBP, this pair reflects live supply and demand conditions on the global foreign exchange market. The rate updates every 15 minutes on this page, giving you the most current data available.

Sending Money from IQD to GBP

International money transfers from Iraqi Dinar to British Pound can be made through banks, online transfer services, or specialist forex brokers. Transfer times range from instant to several business days depending on the corridor and provider. Online services like Wise, Revolut, and OFX typically offer better rates and lower fees than traditional bank wire transfers, though availability varies by country and currency pair.

Using the IQD/GBP Calculator

The free calculator at the top of this page converts any amount between Iraqi Dinar and British Pound instantly using live market data. Simply enter an amount in either currency to see the converted value in the other. The tool also shows a conversion table for common amounts, a historical rate chart, and the inverse GBP/IQD rate. Bookmark this page to check the rate whenever you need a quick reference for planning transfers or purchases.

Iraqi Dinar Overview

The Iraqi Dinar (IQD) is the official currency of Iraq. The Central Bank of Iraq manages the currency through a managed float system, with oil exports providing the primary source of foreign exchange. Understanding the fundamentals behind IQD helps contextualize its exchange rate movements against GBP and other currencies.

Mid-Market Rate Explained

The mid-market rate of 1 IQD = 0.000574 GBP shown on this page is the fairest available exchange rate. It sits exactly between the buy and sell prices quoted by major financial institutions. No single provider can offer exactly the mid-market rate since their business model requires a small spread, but the best providers come within 0.5-1% of this benchmark. Use our rate as your comparison baseline.