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Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 100% of Spain to Iraq searches, and was the top rated company out of 3 that support EUR to IQD.
So for a great mix of cost, speed & features, make your Spain to Iraq transfer using Wise.
How to get the best deal on your Spain to Iraq transfer
Summary of recent searches
Important things to consider before sending money from Spain to Iraq
Don't settle for the first option. Always compare ways to send money from Spain to Iraq to find out about fees, speed, and reliability.
Our analysis included 3 providers that operate between Spain and Iraq.
Through this, you get a comprehensive view of all the options you have in Spain when you need to send money to Iraq.
Cheapest way to send money to Iraq from Spain: Wise
Data collected over the past six months shows that Wise is 0% cheaper than the second-best option.
The €9.24 transfer cost represents the most common fee for EUR to IQD international transfers, based on data from the past six months.
If you want to secure the best rates on a EUR to Iraq transfer, make sure you pick Wise to send your money online.
*The most common fee applied to EUR-IQD by Wise, based on data from the past six months.
Fastest way to send money from Spain to Iraq: Wise
Our data shows that Wise came up as the fastest way to send money from Spain to Iraq in 100% of searches. This makes them well suited to urgent EUR to IQD money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Spain to Iraq - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, Wise is your best choice at the moment. This service emerged as the quickest way to send money to Iraq from Spain in 100% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Wise.
While Wise may not always be the cheapest or fastest way to send EUR from Spain to Iraq, it’s the provider that will keep you safe and relaxed while your money moves into IQD.
Understanding the costs involved when moving money from Spain to Iraq
When calculating the costs of money transfers between Spain and Iraq, here's what really matters:
The Mid-Market Rate: Today, the EUR-IQD mid-market rate equals to 1400.861574 IQD per Euro.
The EUR-IQD average exchange rate for the past three months has been 1426.0828 IQD per Euro, with a high of 1453.2709 and a low of 1398.5853.
When looking to send money, we'd recommend Wise. On average Wise is 0.08% away from the average mid-market rate. Fees may be added on top, but they're still the cheapest provider on average from EUR to IQD.
How to find the best exchange rate for Euro to Iraqi Dinar
Timing is essential for sending money between EUR and IQD. The exchange rate you secure impacts how much IQD you get for your EUR.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from EUR to IQD has seen some fluctuation. On average, it stood at 1426.0828.
During this period, the highest value recorded was 1453.2709, while the lowest was 1398.5853.
Wise, which is our recommended service to send money online from Spain to Iraq offers an exchange rate that is only 0.08% above the mid-market rate.
Want to secure the best EUR-Iraqi Dinar exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Spain to Iraq!
Payment methods available to fund your Spain to Iraq transfer
Bank transfers
Bank transfers are often the default option for sending money from Spain to Iraq.
By using a money transfer company such as Wise for transfers from Spain to Iraq, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Wise is the cheapest provider for bank transfers from the 3 we tested when sending EUR to Iraq.
With an average fee of EUR8.93 to send money from Spain to Iraq, Wise offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Spain to Iraq with a debit or a prepaid card is very simple with Wise.
Wise is a leader in debit card payments for transfers from Spain to Iraq, competing among a total of 3 active money transfer companies on this route.
Credit cards
When it comes to credit card transfers from Spain to Iraq, Wise emerges as our top choice of the 3 companies offering this service.
Fee alert: using a credit card to transfer money often results in a fee being charged by your card issuer. That's why 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 Iraq and Spain.
Our comparison engine and algorithms evaluate providers based on over 25 factors.
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 Spain to Iraq.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send EUR to IQD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
