1 IDR to IQD - Convert Indonesian Rupiah to Iraqi Dinar

Looking at the 30-day window, the IDR/IQD pair traded in a range of 0.075000 to 0.079800. The monthly average was 0.077436 with 1.72% volatility. This downward movement of 2.9% suggests significant momentum in the IDR/IQD exchange rate.

The current mid-market exchange rate is 1 IDR = 0.072340 IQD, updated as of July 3, 2026, 11:30 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.

Indonesian Rupiah to Iraqi Dinar Exchange Rate

The IDR/IQD exchange rate tells you how many Iraqi Dinar (IQD) you receive for every Indonesian Rupiah (IDR). At the current mid-market rate of 1 IDR = 0.072340 IQD, 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.

Understanding the IDR/IQD Conversion

Converting Indonesian Rupiah to Iraqi Dinar involves the mid-market rate, which represents the midpoint between what buyers are willing to pay and what sellers are asking. Banks and money transfer services typically add a markup of 1-4% above this rate. By checking the live mid-market rate on this page before making any conversion, you can evaluate how competitive any quoted rate truly is and avoid paying more than necessary for your currency exchange.

Historical IDR/IQD Trends

The IDR/IQD exchange rate has fluctuated over time in response to economic cycles, policy changes, and global events. Reviewing historical charts helps identify whether the current rate is relatively favorable or unfavorable compared to recent averages. The 30-day, 90-day, and 1-year chart views on this page provide visual context for understanding where today's rate sits within the broader trend.

Indonesian Rupiah Overview

The Indonesian Rupiah (IDR) is the official currency of Indonesia, Southeast Asia's largest economy. Bank Indonesia manages the currency through a free-floating exchange rate system. Understanding the fundamentals behind IDR helps contextualize its exchange rate movements against IQD and other currencies.

Mid-Market Rate Explained

The mid-market rate of 1 IDR = 0.072340 IQD 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.