1 MAD to IQD - Convert Moroccan Dirham to Iraqi Dinar

Looking at the 30-day window, the MAD/IQD pair traded in a range of 138.1826 to 148.4174. The monthly average was 141.8758 with 2% volatility. The relatively low volatility indicates stable trading conditions for the MAD/IQD currency pair.

The current mid-market exchange rate is 1 MAD = 139.2326 IQD, updated as of July 3, 2026, 10:23 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.

Moroccan Dirham to Iraqi Dinar Exchange Rate

The MAD/IQD exchange rate tells you how many Iraqi Dinar (IQD) you receive for every Moroccan Dirham (MAD). At the current mid-market rate of 1 MAD = 139.2326 IQD, 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.

Historical MAD/IQD Trends

The MAD/IQD 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.

Sending Money from MAD to IQD

International money transfers from Moroccan Dirham to Iraqi Dinar can be made through banks, online transfer services, or specialist forex brokers. Transfer times range from instant to several business days depending on the corridor and provider. Online services like Wise, Revolut, and OFX typically offer better rates and lower fees than traditional bank wire transfers, though availability varies by country and currency pair.

Using the MAD/IQD Calculator

The free calculator at the top of this page converts any amount between Moroccan Dirham and Iraqi Dinar instantly using live market data. Simply enter an amount in either currency to see the converted value in the other. The tool also shows a conversion table for common amounts, a historical rate chart, and the inverse IQD/MAD rate. Bookmark this page to check the rate whenever you need a quick reference for planning transfers or purchases.

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. The IQD exchange rate against MAD reflects relative economic conditions between the two currency areas.

Reverse Rate: IQD to MAD

The reverse exchange rate is 1 IQD = 0.007182 MAD. This is useful if you are starting with Iraqi Dinar and want to know how much Moroccan Dirham you will receive. Both the forward and reverse rates update simultaneously every 15 minutes on this page. You can also visit our dedicated IQD to MAD converter for the reverse direction.