1 IQD to MZN - Convert Iraqi Dinar to Mozambican Metical

Looking at the 30-day window, the IQD/MZN pair traded in a range of 0.047200 to 0.050200. The monthly average was 0.048694 with 1.93% volatility. This downward movement of 2.8% suggests significant momentum in the IQD/MZN exchange rate.

The current mid-market exchange rate is 1 IQD = 0.048636 MZN, updated as of July 3, 2026, 11:00 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 Mozambican Metical Exchange Rate

The IQD/MZN exchange rate tells you how many Mozambican Metical (MZN) you receive for every Iraqi Dinar (IQD). At the current mid-market rate of 1 IQD = 0.048636 MZN, 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.

IQD/MZN for Travelers and Businesses

Whether you are traveling, sending money internationally, or managing business payments, the IQD to MZN 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.

Historical IQD/MZN Trends

The IQD/MZN 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 MZN and other currencies.

Reverse Rate: MZN to IQD

The reverse exchange rate is 1 MZN = 20.5609 IQD. This is useful if you are starting with Mozambican Metical 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 MZN to IQD converter for the reverse direction.