Iraqi Dinars exchange: How to exchange IQD in the UK

Understanding the Iraqi Dinar (IQD)

The Iraqi dinar (IQD) is Iraq’s official currency, issued by the Central Bank of Iraq.

In the UK, IQD is a closed currency and can be harder to buy or sell through high-street providers, so it helps to know your options before you commit.

This guide explains how to buy Iraqi dinars for travel, how to exchange leftover IQD back to pounds, and what to look for when comparing rates and services.

If you want to check today’s rate and availability, you can buy Iraqi dinars online for delivery or click & collect.

Quick reference for Iraqi dinar cash

Code	IQD
Symbol	د.ع (also seen as ع.د
Subunit	1 dinar = 1,000 fils (largely obsolete in day-to-day cash use)
Common banknotes	250, 500, 1,000, 5,000, 10,000, 25,000 (50,000 is less commonly used)
Coins	Coins exist but are rarely used in everyday circulation; most cash use is banknotes
Where used	Iraq

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 to buy Iraqi dinars in the UK

Option	What to expect
Specialist bureau (online)	The simplest option for less common currencies: compare rates and order ahead. Get the best rates and swift home delivery with Manor FX.
High street banks	Some currencies may need ordering in advance; availability can vary by branch.
Post Office	Stocks a range of travel money, but less common currencies may be limited or unavailable.
Airport exchange	Convenient, but higher costs; stock of rarer currencies can be unpredictable.

Where can I exchange Iraqi dinar in the UK?

You can exchange Iraqi dinar banknotes with Manor FX online or at our Datchet bureau near Heathrow

To sell IQD for pounds, follow the steps below. To buy dinars, check the current GBP to IQD rate and order for delivery or collection.

How to sell Iraqi dinars for pounds in the UK

Manor FX buys current Iraqi dinar banknotes

To see how much you’ll receive in pounds:

1. Open the Iraqi dinar page and select Sell Currency.

2. Enter the amount of IQD you want to exchange to see our latest Iraqi dinar exchange rate and your GBP quote.

3. Complete your Iraqi dinar to pound sterling exchange order and choose either to post your banknotes for payment by bank transfer or drop them off at our Datchet bureau for payment in cash.

4. Follow the instructions in your confirmation email. If posting your Iraqi currency, use the address and reference number provided.

Manor FX does not buy coins or expired banknotes.

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.

FAQs