1 IQD to IRR - Convert Iraqi Dinar to Iranian Rial

Looking at the 30-day window, the IQD/IRR pair traded in a range of 420.1451 to 449.2247. The monthly average was 437.2110 with 1.71% volatility. The relatively low volatility indicates stable trading conditions for the IQD/IRR currency pair.

The current mid-market exchange rate is 1 IQD = 1,050.0000 IRR, updated as of July 3, 2026, 11:31 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 Iranian Rial Exchange Rate

The IQD/IRR exchange rate tells you how many Iranian Rial (IRR) you receive for every Iraqi Dinar (IQD). At the current mid-market rate of 1 IQD = 1,050.0000 IRR, 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 IRR Rate

Exchange rates between Iraqi Dinar and Iranian Rial 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/IRR rate fluctuates throughout trading sessions and over longer time periods.

How to Get the Best IQD to IRR 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.

IQD/IRR for Travelers and Businesses

Whether you are traveling, sending money internationally, or managing business payments, the IQD to IRR rate directly affects your costs. Travelers should compare airport exchange counters, city center bureaux, and card-based options before converting. Businesses managing recurring cross-border payments benefit from setting up rate alerts and locking in favorable rates when they appear. The conversion table on this page helps you quickly reference common amounts.

Mid-Market Rate Explained

The mid-market rate of 1 IQD = 1,050.0000 IRR 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.

Reverse Rate: IRR to IQD

The reverse exchange rate is 1 IRR = 0.000952 IQD. This is useful if you are starting with Iranian Rial 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 IRR to IQD converter for the reverse direction.