1 IQD to KES - Convert Iraqi Dinar to Kenyan Shilling

Looking at the 30-day window, the IQD/KES pair traded in a range of 0.095700 to 0.101700. The monthly average was 0.098505 with 1.71% volatility. The relatively low volatility indicates stable trading conditions for the IQD/KES currency pair.

The current mid-market exchange rate is 1 IQD = 0.098714 KES, updated as of July 3, 2026, 6:29 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 Kenyan Shilling Exchange Rate

The IQD/KES exchange rate tells you how many Kenyan Shilling (KES) you receive for every Iraqi Dinar (IQD). At the current mid-market rate of 1 IQD = 0.098714 KES, 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 IQD/KES Conversion

Converting Iraqi Dinar to Kenyan Shilling 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 IQD/KES Trends

The IQD/KES 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.

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 KES and other currencies.

Kenyan Shilling Overview

The Kenyan Shilling (KES) is the official currency of Kenya, East Africa's largest economy. Tea exports, tourism, and mobile money (M-Pesa) innovation characterize Kenya's dynamic economy. The KES exchange rate against IQD reflects relative economic conditions between the two currency areas.

Mid-Market Rate Explained

The mid-market rate of 1 IQD = 0.098714 KES 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.