1 TRY to IQD - Convert Turkish Lira to Iraqi Dinar

Over the last 7 days, the TRY to IQD exchange rate moved between 28.0672 and 29.6133. The average rate for the week was 28.8242, with a volatility of 2.01%. The Turkish Lira weakened against the Iraqi Dinar by 2.2% during this period.

Looking at the 30-day window, the TRY/IQD pair traded in a range of 28.2388 to 29.9395. The monthly average was 29.0582 with 1.57% volatility. The relatively low volatility indicates stable trading conditions for the TRY/IQD currency pair.

The current mid-market exchange rate is 1 TRY = 28.0638 IQD, updated as of July 3, 2026, 8:43 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.

Turkish Lira to Iraqi Dinar Exchange Rate

The TRY/IQD exchange rate tells you how many Iraqi Dinar (IQD) you receive for every Turkish Lira (TRY). At the current mid-market rate of 1 TRY = 28.0638 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.

Understanding the TRY/IQD Conversion

Converting Turkish Lira to Iraqi Dinar involves the mid-market rate, which represents the midpoint between what buyers are willing to pay and what sellers are asking. Banks and money transfer services typically add a markup of 1-4% above this rate. By checking the live mid-market rate on this page before making any conversion, you can evaluate how competitive any quoted rate truly is and avoid paying more than necessary for your currency exchange.

What Affects the TRY to IQD Rate

Exchange rates between Turkish Lira and Iraqi Dinar 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 TRY/IQD rate fluctuates throughout trading sessions and over longer time periods.

TRY/IQD for Travelers and Businesses

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

Reverse Rate: IQD to TRY

The reverse exchange rate is 1 IQD = 0.035633 TRY. This is useful if you are starting with Iraqi Dinar and want to know how much Turkish Lira 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 TRY converter for the reverse direction.