Iraqi Dinars exchange: How to exchange IQD in the UK
Understanding the Iraqi Dinar (IQD)
The Iraqi dinar (IQD) is the official currency of Iraq, issued by the Central Bank of Iraq.
The currency symbol for the dinar is ع.د, and the currency code is IQD.
If you’ve come across Iraqi banknotes, whether during travel or through investment, you may be wondering about your options for Iraqi dinars exchange.
Can I buy Iraqi dinar in the UK?
Yes, you can buy Iraqi dinar in the UK from Manor FX
If you’re planning to travel and need to get your Iraqi dinar travel money organised, specialists like Manor FX allow you to purchase Iraqi dinars online.
Manor FX is the best Iraqi dinar exchange in the UK.
The rates differ from exchanging IQD back to pounds, so wherever you choose to make your conversion, be sure to check both buying and selling exchange rates and convert Iraqi dinars based on your needs.
Where can I exchange Iraqi dinar in the UK?
While you won’t easily find the IQD Manor FX provide reliable options.
Instead of searching for Iraqi dinar exchange near me and coming up with limited options, buy Iraqi dinars online with Manor FX and get them delivered to your door.
Or click and collect from our bureau de change in Datchet near Heathrow.
Is the Dinar worth investing in?
There’s ongoing interest in investing in the Iraqi dinar, with some seeing it as a future opportunity.
However, financial experts warn that it’s a speculative venture. And some places selling Iraq dinars may be a scam.
As a closed currency, sudden economic growth is not guaranteed.
Always weigh the risks and don’t rely on online news or speculators alone.
What is the currency exchange rate for Iraqi dinars
The exchange rate for IQD can fluctuate based on political and economic factors. Check out our exchange rates here.
The currency exchange rate for Iraqi dinar against the USD and GBP is influenced by oil prices, global forex markets, and monetary policy from the central bank.
IQD is a closed currency, meaning it’s not freely traded on the international market.
How to exchange Iraqi dinars
If you’re wondering how to exchange Iraqi dinar or purchase Iraqi dinars in the United Kingdom, Manor FX makes the process fast, safe, and straightforward.
Whether you’re looking to exchange Iraqi dinar or buy it as part of a travel plan, you can complete your order online in just a few minutes.
Step-by-Step: Convert British pounds to Iraqi dinars online
Here’s how simple it is with Manor FX:
1. Choose your currency and amount
Start by entering how many British pounds you’d like to exchange, or how much Iraqi dinar (IQD) you want to buy. You can also add other foreign currencies if needed.
2. Select delivery or collection
You can choose whether you want your dinar banknotes delivered securely to your address or if you’d prefer to collect them in person.
3. Review and confirm your order
Check your order summary carefully to ensure the correct currency and amount is listed. This includes any fees, exchange rates, and delivery options.
4. Fill in your details
Complete a quick form with your name, email, phone number, date of birth, and delivery address.
5. Set your delivery or collection date
You can schedule your order for a convenient time, whether you want next-day cash delivery or prefer to collect in person.
6. Choose your payment method
Pay in advance via bank transfer or pay on collection using credit card, debit card, or cash.
7. Place your order
Tick the boxes to agree to the terms and conditions and the privacy policy, then place your order.
8. Get confirmation
You’ll receive a confirmation email with all the details of your order.
If you’re paying by bank transfer, you’ll be given Manor FX’s payment details.
Just be sure to send the money by 2 p.m. for next-day processing.
Convert Iraqi dinars to GBP with our online currency converter
Looking to sell IQD? Most banks won’t accept it, so your best option is a dedicated currency exchange provider like us at Manor FX.
Use our currency converter at the top of this page to easily change Iraqi dinars to GBP.
Just click on ‘Sell Currency’ and Select ‘IQD Iraqi dinar’ to see our latest Iraqi dinar exchange rate.
Make the most of your Iraqi dinar to pound sterling exchange. We offer competitive rates for your leftover IQD, giving you great value for your Iraqi currency.
FAQs
How much is 10 pounds in Iraqi dinars?
This depends on the current exchange rate. Let’s say the IQD to USD rate is 1,300 IQD to 1 USD, and the US dollars rate for 1 british pound is 1.25 USD, you’d be looking at around 16,250 IQD for £10.
Use a currency converter to get live estimates when you want to convert British pounds or convert Iraq money back into sterling.
How much is 1,000 dinar in pounds?
Using the same example, 1,000 IQD would be worth less than £1 — roughly 60p.
Exchange values can vary, so check up-to-date exchange services or our currency converter tool for accurate pricing.
This can be helpful when planning to convert Iraqi dinar back to GBP.
Where can I track Iraqi dinar performance or trade it?
You can track IQD performance and currency rankings using live currency charts available on specialist websites.
While the Iraqi dinar isn’t listed on many mainstream trading platforms, niche bureau de changes offer services to help you trade or transfer funds.
What happened to the Saddam dinars?
After the Gulf War, the currency of Iraq went through major reforms.
The old dinars featuring portraits of Saddam Hussein were gradually removed from circulation and replaced with new dinar notes.
This transition was led by the Iraqi government with support from the International Monetary Fund, as part of a broader effort to stabilise the economy and promote economic growth.
Do you offer international money transfers?
No, we don’t offer international money transfers. We specialise in currency exchange and selling foreign banknotes, including the Iraqi dinar (IQD).