Our recommendation: Wise
We tested & reviewed 5 money transfer providers offering money transfers from Iraq to Indonesia, and Wise scored highly.
In total, Wise appeared in 90.9% of Iraq to Indonesia searches, and was the top rated company supporting transfers between IQD and IDR.
For a great mix of cost, speed & features, we recommend making your Iraq to Indonesia transfer using Wise.
How to compare deals on Iraq to Indonesia money transfers
Considerations when sending from Iraq to Indonesia
Comparing money transfer companies with services between Iraq and Indonesia, based on your specific transfer amount and transfer needs, is the best way to send money at the best price.
For this route, we’ve compared 5 providers providing services between Iraq and Indonesia. This ensures you will get the best options when sending Rupiah to Indonesia.
Over the last six months, we’ve picked Wise as the best overall provider. However, comparing based on the amount you want to send to Indonesia will provide a specific provider that’s best for transferring money from Iraq.
Cheapest way to transfer money from Iraq to Indonesia: Wise
Our data shows Wise is 0% cheaper than the second-best option. The company offers an average fee of 6.22* IQD and an average exchange rate between IQD and IDR that is 0.06% different to the mid-market rate.
For a cheap way to send IQD to Indonesia, Wise is a great all round choice.
*The most common fee applied to IQD-IDR by Wise, based on data from the past six months.
Fastest company to send money to Indonesia from Iraq: Wise.
Through our data, Wise was the quickest way to send money from Iraq to Rupiah 63.6% of the time.
Sending money through Wise to Indonesia from Iraq has an average fee of 6.87 IQD.
To understand who was the fastest, we tested Wise as part of 5 money transfer providers. Within this, we looked at the overall speed of sending money from Iraq to Indonesia. This was made up of transfer times to Indonesia after Iraqi Dinars were added to a money transfer account.
When fast money transfers between Iraq and Indonesia are a priority, Wise is our recommended choice.
Send large sums of money
Wise offers the strongest all round option for large transfers of the 5 money transfer companies compared.
Whether for business or a property purchase, sending large amounts of money can be expensive if you get a bad exchange rate from Rupiah to Rupiah.
As such, opt for Wise for sending large sums of money to Indonesia from Iraq.
Understanding the cost of money transfers to Indonesia from Iraq
The total cost of sending money to Indonesia from Iraq is a mix of the mid-market, exchange rates and transfer fees.
The Mid-Market and Exchange Rates: The mid-market for IQD-IDR is 12.4849 IDR per Iraqi Dinar.
Using a transfer company with an exchange rate as close to the mid-market rate as possible will result in being able to buy more Rupiah for your Iraqi Dinars.
The IQD-IDR mid-market rate over the last three months has seen the Iraqi Dinar worth an average 11.9293 IDR. Within this there has been a high of 12.4327, and a low of 11.5457.
From 5 companies compared, Wise offers the strongest exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting IQD to IDR.
Fees: When sending money there may be additional fees. Instarem offers the lowest fee of the 5 providers tested, averaging 6.22 IQD per transfer over the last 6 months.
Amount Received: When comparing providers, the best measure is the amount of Rupiah eventually received in Indonesia.
This number should allow you to determine if you are getting a good deal. A higher amount of money received in Indonesia, means a better overall cost of sending money from Iraq.
How to get the best exchange rate for Iraqi Dinar to Rupiah
Getting the best exchange rate essential for sending money between IQD and IDR. The exchange rate you secure impacts how much IDR you get for your IQD.
Here is how the currency has performed recently.
Over the past six months, the mid-market from IQD to IDR has been 11.9293.
During this period, the highest value was 12.4327, while the lowest was 11.5457.
Wise, which is our recommended choice to send money online from Iraq to Indonesia offers an exchange rate that is only 0.04% above the mid-market rate.
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Funding your Iraq to Indonesia transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Indonesia and Iraq.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Iraq to Indonesia.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send IQD to IDR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.