1 IQD to MMK - Convert Iraqi Dinar to Myanmar Kyat

Looking at the 30-day window, the IQD/MMK pair traded in a range of 1.5604 to 1.6650. The monthly average was 1.6149 with 1.73% volatility. The relatively low volatility indicates stable trading conditions for the IQD/MMK currency pair.

The current mid-market exchange rate is 1 IQD = 1.6004 MMK, updated as of July 3, 2026, 11:51 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.

Iraqi Dinar to Myanmar Kyat Exchange Rate

The IQD/MMK exchange rate tells you how many Myanmar Kyat (MMK) you receive for every Iraqi Dinar (IQD). At the current mid-market rate of 1 IQD = 1.6004 MMK, 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 MMK Rate

Exchange rates between Iraqi Dinar and Myanmar Kyat 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/MMK rate fluctuates throughout trading sessions and over longer time periods.

Historical IQD/MMK Trends

The IQD/MMK 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.

Myanmar Kyat Overview

The Myanmar Kyat (MMK) is the official currency of Myanmar. Political instability since the 2021 military coup has created significant currency market disruption and multiple exchange rates. The MMK exchange rate against IQD reflects relative economic conditions between the two currency areas.

Mid-Market Rate Explained

The mid-market rate of 1 IQD = 1.6004 MMK 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: MMK to IQD

The reverse exchange rate is 1 MMK = 0.624848 IQD. This is useful if you are starting with Myanmar Kyat 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 MMK to IQD converter for the reverse direction.