1 IQD to LBP - Convert Iraqi Dinar to Lebanese Pound

Looking at the 30-day window, the IQD/LBP pair traded in a range of 66.3161 to 70.8532. The monthly average was 68.0682 with 1.89% volatility. The relatively low volatility indicates stable trading conditions for the IQD/LBP currency pair.

The current mid-market exchange rate is 1 IQD = 68.3043 LBP, updated as of July 3, 2026, 6:21 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 Lebanese Pound Exchange Rate

The IQD/LBP exchange rate tells you how many Lebanese Pound (LBP) you receive for every Iraqi Dinar (IQD). At the current mid-market rate of 1 IQD = 68.3043 LBP, 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.

How to Get the Best IQD to LBP 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.

Historical IQD/LBP Trends

The IQD/LBP 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 LBP and other currencies.

Lebanese Pound Overview

The Lebanese Pound (LBP) has experienced one of the worst currency collapses in modern history, losing over 98% of its value since 2019 as the banking sector imploded. The LBP exchange rate against IQD reflects relative economic conditions between the two currency areas.

Mid-Market Rate Explained

The mid-market rate of 1 IQD = 68.3043 LBP 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.