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Compare Iraq to Indonesia money transfers

Get the best deals when you send money from Iraq to Indonesia. Find the best, cheapest, and fastest, providers for IQD to IDR transfers and exchange rates.

Read on for insights and expert information, and all you need to make money transfers to Indonesia from Iraq.

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Our recommendation: Wise

Wise is our top choice for IQD to IDR transfers.

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.

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How to compare deals on Iraq to Indonesia money transfers

Summary of recent searches

Top rated for transfers from Iraq to Indonesia
Wise
Total number of IQ - ID providers
5
Average cheapest fees & rate
Instarem
Average fastest transfer
Wise
Best for bank transfers
Wise
Best for debit card
Instarem
Best for credit card
Instarem

Considerations when sending from Iraq to Indonesia

1
Compare providers

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.

2
Understanding the Iraqi Dinar-Rupiah exchange rate
3
Choose the right payment method
4
Financial regulations
5
Consider transfer limits
6
Receiving money from Iraqi Dinar in Indonesia
7
Confirm the ID you need
8
Tax declarations

Cheapest way to transfer money from Iraq to Indonesia: Wise

Wise offers the lowest cost transfers between Iraq and Indonesia out of the 5 providers compared.

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.

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Fastest company to send money to Indonesia from Iraq: Wise.

We compared 5 companies for fast transfers from Iraqi Dinars to Indonesia and Wise came out on top.

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.

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Send large sums of money

Transferring bigger amounts of money from Iraq to Indonesia should be done with the exchange rate and management of the service in mind.

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.

Mid-market Rate
1
= 12.484858 IDR

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.

Want to secure the best IQD-Rupiah exchange rates?

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Funding your Iraq to
Indonesia transfer

  • Bank transfers

    The default option for sending money from Iraq to Indonesia is often a bank transfer.

    Using a money transfer company, such as Wise for transfers from Iraq to Indonesia, allows for sending via a bank transfer while benefitting from lower fees and more favorable exchange rates. 


    From the 5 we tested, the cheapest provider for bank transfers from IQD to Indonesia is Wise.

    With an average fee of IQD10.69 to send money from Iraq to Indonesia, Wise offers a great combination of competitive exchange rates and lower fees.


  • Prepaid and debit cards

    Sending money from Iraq to Indonesia with a prepaid or debit card is easy with Instarem.


    Instarem is a leader in accepting card payments for transfers between Iraq and Indonesia.

  • Credit cards

    Instarem is the best money transfer company of the 5 compared for credit card transfers from Iraq to Indonesia

    Fee alert: using a credit card to transfer money can mean a fee being charged by your card issuer. We recommend bank transfer or debit card instead.

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.

Money transfer company reviews

How much money can be transferred from Iraq to Indonesia?
Are there any tax implications to sending money from Iraq to Indonesia?
Can I send money from Iraq to Indonesia with MoneyTransfers.com?
What are the typical transfer fees for sending Iraqi Dinars to Indonesia through various providers?
How long does it take to send money from Iraq to Indonesia?
What is the best exchange rate I can get for sending money from Iraq to Indonesia?
Are there any minimum or maximum transfer amounts for sending money from Iraq to Indonesia?
Can I schedule regular transfers between Iraq and Indonesia?

Contributors

Keith Hodges
Keith is an experienced Content Specialist with a rich background in both marketing and journalism within the financial sector. At MoneyTransfers.com, Keith plays a pivotal role in driving the business forward and broadening its reach in various international money transfer markets. His expertise is a key factor in the company's expansion and success.
Luke Eales
Luke is CEO at MoneyTransfers.com, with 10 years' experience building consumer products in finance, insurance & travel. Luke focuses on the payments sector and foreign exchange markets, as well as personal finance more broadly.