Travelling to Iraq?

Get the best rates for Iraqi currency online

Prepare for your trip and order your Iraqi dinars with Manor FX today. 

Our great Iraq dinar exchange rate means you’ll have more IQD cash to spend when you convert British pounds to Iraqi dinars with us. 

Get your Iraq dinar banknotes conveniently and securely delivered to your home or place of work. You can also collect from the Manor FX bureau near Heathrow.

With fast delivery times and fuss-free online ordering for your Iraqi dinar travel money, what are you waiting for?

Common Iraqi dinar currency questions 

Is it a good idea to buy Iraqi dinar?

If you are planning to travel to Iraq, yes, because the currency of Iraq is the Iraqi dinar. Changing GBP to Iraq dinar before you depart is a must.

If you are not travelling to Iraq, please do not buy Iraqi dinar currency. You should not purchase Iraqi dinars for speculative purposes.

What is the new currency in Iraq?

The new currency in Iraq refers to new notes introduced by the Central Bank of Iraq to replace old Saddam dinars. 

These new notes improve security and design. Always check currency denominations and verify authenticity when handling IQD.

When will the Iraqi dinar revalue?

There’s no reason to believe that the Iraqi dinar will be revalued. 

There’s no indication that the currency will significantly increase in value. 

Rumours that the Iraqi dinar will gain value to the point where it’ll match the US dollar are false. People who claim otherwise may try to defraud you. 

To be clear, you shouldn’t buy Iraqi dinars if you do not plan to travel to Iraq. The only exception is if you’re exchanging GBP to Iraqi dinar for collectable purposes.

What is the prediction for Iraqi dinar value?

The Iraqi dinar value remains uncertain because of political instability, economic growth, and influences from the global forex markets. 

While some speculators expect a rise, others caution against investing. 

The Central Bank of Iraq and financial institutions closely monitor the Iraqi dinar exchange rate and currency performance. 

Iraq travel money

Warning: Iraq is not a safe destination at the moment. Travelling to Iraq isn’t recommended; if you do so, it’s at your own risk.

If you choose to travel to Iraq, set off well-informed. Check out our handy facts about cash and card payments in Iraq.

What is the Iraq currency called?

The Iraq currency is called the Iraqi dinar. The currency symbol is ع, and the currency code is IQD. 

What is the new currency in Iraq?

The new currency in Iraq refers to redesigned Iraqi dinar banknotes issued by the Central Bank of Iraq. 

These new banknotes replaced old Saddam dinars and aimed to enhance security, reflect modern Iraq, and support a stable Iraqi currency exchange rate. 

Can you still buy Iraq dinar?

Yes. The Iraqi dinar is a closed currency, but buying Iraq dinar notes is possible using our online currency exchange service is still possible.

Can I buy Iraqi dinar in the UK?

Yes. You can buy Iraqi dinars in the United Kingdom, although they can be hard to find (being both a minor and closed currency). 

If you’re planning a trip to Iraq and need some money for your travels, research a reputable provider ahead of time.

Save yourself the time and stress of calling multiple banks and post offices or the high fees of airport exchanges.

Buy your travel money with us now and get next working day delivery if you order before 1 pm.

Should I exchange money before I travel to Iraq?

Yes. Exchanging money before you travel to Iraq is a smart move. Having travel money to hand ensures peace of mind and convenience during your trip. 

Exchanging money before travelling means you’ll have cash for transportation, meals, or other essentials when you arrive.

You might encounter situations where it’s not possible to use your card. So, having local currency means you’ll be able to cover initial expenses.

Convert Iraqi dinar to British pounds on your return with Manor FX.  

What currency should I take to Iraq?

Bring a mix of Iraqi dinars (IQD) for daily spending, United States dollars (USD) for emergencies or use in cities and hotels, and some GBP or euros (EUR) to exchange locally. 

The Iraqi dinar is the official currency, but having alternatives can be helpful.

Currency rankings show that the most popular Iraqi dinar exchange rate is the IQD to USD rate.
If you’ve got leftover travel money, change Iraqi dinar to sterling when you get back. 

Can I use my bank card in Iraq?

Yes, but only in major cities like Baghdad and Basra, mainly at international hotels and upscale shops. Watch out for transaction fees and poor exchange rates. 

Always notify your bank before travelling. 

Should I use cash in Iraq?

Yes. Cash is the most important means of payment in Iraq. 

Don’t rely on ATMs: Bring cash with you when you travel.

Remember, if you come back with Iraqi dinar notes, we’ll take care of your Iraqi dinar to pounds transaction. 

How much cash can I bring to Iraq?

You can bring up to US$10,000 or the equivalent to Iraq. Make sure to travel safely with cash.

Are there ATM machines in Iraq?

Yes, but ATMs are mainly found in major cities and tourist areas. They usually accept international debit and credit cards. 

Be aware of possible ATM withdrawal fees and currency conversion charges—check with your bank before travelling.

How does tipping work in Iraq?

Tipping is not customary in Iraq. Some vendors or service providers might appreciate it, whilst others may be offended by it. 

As a buyer in Iraq, people will expect you to haggle, dispute and bargain your way to a lower price. They won’t expect you to pay more.

Currency in Iraq 

Banknotes in Iraq

Iraqi dinar banknotes are the most commonly used form of currency and are issued in various denominations to support everyday transactions.  

You’ll find notes ranging from 250, 500, and 1,000 IQD to higher values such as 10,000, 25,000, and 50,000 IQD. 

The Central Bank of Iraq, the official monetary authority responsible for maintaining currency stability and managing economic growth, issues all current banknotes.

Iraq has introduced new banknotes to replace older series, especially the former Saddam dinars, which are no longer valid.  

Any bank notes featuring Saddam Hussein or with a value of 50 dinars or less are obsolete and should not be accepted.  

Some older notes still circulate, including multiple versions of the 1,000 dinar notes. 

For this reason, it’s important to familiarise yourself with the designs of the new dinar notes.

While the Iraqi dinar exchange rate fluctuates because of political stability, excessive government printing, and broader market influences, all official currency is recognised domestically.

Historically, the Iraqi government aimed for a single unified currency, especially following the Gulf War and regime changes.  

Today, the International Monetary Fund and other financial institutions continue to monitor the currency value and support monetary reforms. 

Collectors and travellers alike often find currency denominations and designs fascinating souvenirs of the region.

Coins in Iraq

Iraqi coins, or fils, are low-denomination units of the Iraqi dinar used for small transactions. 

Though less common than banknotes, they feature Iraq’s map and cultural symbols. 

Iraqi coins range from 25 to 100 fils and make great souvenirs for travellers collecting coins.

Iraq currency import and export regulations

You can bring in or take out up to US$10,000 (or equivalent). All money must be declared on arrival and departure. 

You may only export the amount you declared when entering Iraq. Find out more about cash limits you can travel with here.

Ordering Iraqi money online

Order your Iraqi dinar online. Exchange your pound Sterling to Iraqi dinars and have them delivered quickly and securely to your home or place of work with Royal Mail Special Delivery Guaranteed®. 

If you prefer, you can pick up your foreign currency from our travel money shop near Heathrow. Click here to buy Iraqi dinars online.

Selling back Iraqi dinar

Got leftover Iraqi dinars to sell? Use our currency calculator at the top of the page to exchange Iraqi dinars to GBP, click on ‘sell currency’ and select ‘IQD Iraqi dinar’. 

Get the most from your Iraqi dinar to pound Sterling transaction. We’ll pay good rates for your leftover Iraqi dinars. 

FAQs