1 IQD to CVE - Convert Iraqi Dinar to Cape Verdean Escudo

Looking at the 30-day window, the IQD/CVE pair traded in a range of 0.069000 to 0.074200. The monthly average was 0.071764 with 1.69% volatility. This upward movement of 2.1% suggests significant momentum in the IQD/CVE exchange rate.

The current mid-market exchange rate is 1 IQD = 0.073923 CVE, updated as of July 3, 2026, 6:15 AM 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 Cape Verdean Escudo Exchange Rate

The IQD/CVE exchange rate tells you how many Cape Verdean Escudo (CVE) you receive for every Iraqi Dinar (IQD). At the current mid-market rate of 1 IQD = 0.073923 CVE, 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.

What Affects the IQD to CVE Rate

Exchange rates between Iraqi Dinar and Cape Verdean Escudo are influenced by central bank interest rate decisions, inflation differentials, trade balances, and broader economic data releases from both countries. Political stability, commodity prices, and global risk sentiment can also cause significant moves. Monitoring these factors helps explain why the IQD/CVE rate fluctuates throughout trading sessions and over longer time periods.

How to Get the Best IQD to CVE Rate

To minimize conversion costs, compare the rate offered by your bank or transfer service against the mid-market rate shown on this page. Online money transfer services and fintech apps often provide rates 2-3% better than traditional banks. For larger amounts, the savings from finding a competitive rate can be substantial. Always check the total cost including both the exchange rate markup and any fixed fees charged by the provider.

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 CVE and other currencies.

Reverse Rate: CVE to IQD

The reverse exchange rate is 1 CVE = 13.5276 IQD. This is useful if you are starting with Cape Verdean Escudo and want to know how much Iraqi Dinar you will receive. Both the forward and reverse rates update simultaneously every 15 minutes on this page. You can also visit our dedicated CVE to IQD converter for the reverse direction.