1 IQD to NPR - Convert Iraqi Dinar to Nepalese Rupee

Looking at the 30-day window, the IQD/NPR pair traded in a range of 0.112600 to 0.119700. The monthly average was 0.116452 with 1.75% volatility. The relatively low volatility indicates stable trading conditions for the IQD/NPR currency pair.

The current mid-market exchange rate is 1 IQD = 0.115978 NPR, updated as of July 3, 2026, 6:17 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 Nepalese Rupee Exchange Rate

The IQD/NPR exchange rate tells you how many Nepalese Rupee (NPR) you receive for every Iraqi Dinar (IQD). At the current mid-market rate of 1 IQD = 0.115978 NPR, 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 NPR Rate

Exchange rates between Iraqi Dinar and Nepalese Rupee 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/NPR rate fluctuates throughout trading sessions and over longer time periods.

How to Get the Best IQD to NPR 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.

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 NPR and other currencies.

Nepalese Rupee Overview

The Nepalese Rupee (NPR) is the official currency of Nepal, pegged to the Indian Rupee. Tourism (including Everest expeditions) and remittances from overseas workers are key economic drivers. The NPR exchange rate against IQD reflects relative economic conditions between the two currency areas.