"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Ria Money Transfer has over 35 yeas of trusted experience. Send money online to over 190 countries, and to over 500,000 pickup locations."
Overall best way: Wise
We tested & reviewed 4 transfer providers, and Wise scored highly.
In the last six months, Wise appeared in 96.1% of United States to Iraq searches, and was the top rated company supporting payments the United States into Iraqi Dinar.
So for a great mix of cost, speed & features, make your United States to Iraq transfer using Wise.
How to get the best deal on your United States to Iraq money transfer
Considerations for sending money from United States to Iraq
Always compare ways to send money from the United States to Iraq to get the best options for fees, speed, and reliability.
Our analysis included 4 providers that operate between United States and Iraq.
Through this, you get a comprehensive view of all the options you have in the United States when you need to send money to Iraq.
Cheapest way to send money to Iraq from the United States: Wise
Data collected through our comparison over the past six months shows that Wise is 0% cheaper than the second-best option.
The cost is made up of an average fee of 214.37* USD and an exchange rate for buying Iraqi Dinar with US Dollar that is 0% different to the mid-market rate.
If you want to secure the best rates on a United States to Iraq transfer, Wise offers value. We would still recommend searching for the amount you want to send to Iraq.
*The most common fee applied to USD-IQD by Wise, based on data from the past six months.
Fastest way to send money to Iraq from the United States: Ria Money Transfer
Our comparison shows Ria Money Transfer is the fastest option for sending US Dollar into Iraqi Dinar 44.5% of the time. For urgent USD to IQD money transfers, they’re our recommended choice.
A USD-Iraqi Dinar transfer through Ria Money Transfer comes with an average 4 USD fee.
To ensure Ria Money Transfer was the 'fastest' option we compared 4 providers. This comparison was for overall speed of sending money from the United States to Iraq and is a combination of depositing US Dollar, transfer times to Iraq and withdrawal timeframes where applicable.
When speed is a priority, Ria Money Transfer is the top choice for sending into Iraq from the United States.
Send large sums of money
From the 4 options we compared, Wise offers the strongest all round option for large transfers to Iraq from the United States.
Whatever the reason, sending large sums of money can be expensive if you get a bad exchange rate from Iraqi Dinars to Iraqi Dinar.
As such, we recommend Wise for large transfers between Iraq and the United States.
Understanding the cost of transferring money from United States to Iraq
The total cost of money transfers from United States to Iraq is a combination of fees and exchange rates. Get the best of both, and you will be getting a good deal.
The Mid-Market and Exchange Rates: The mid-market rate for USD-IQD is currently 1,310.2792 IQD per US Dollar. Providers offering services closer to this rate will ensure more Iraqi Dinar for your US Dollars.
To give a historic average, over the last three months the USD-IQD mid-market rate has been 1,310.0393 IQD per US Dollar, this has had a high of 1,326.4087 and a low of 1,306.2106.
From the 4 companies compared, Wise offers the best exchange rate on transfers to Iraq and the United States.
Generally, the exchange rate you receive on converting USD to IQD will be the biggest factor impacting the cost of sending US Dollars to Iraq.
Fees: Transfer fees are charged alongside a transfer. The company offering the lowest fee is Wise at an average of 214.37 USD per transfer over the last 6 months. In all cases, we recommend searching for your exact send amount as fees may change.
Amount Received: Money transfer companies will show you the amount eventually received in Iraqi Dinar. Simply, the higher the amount received in the United States, the lower the cost of sending from Iraq.
Finding the best exchange rate for US Dollar to Iraqi Dinar
Timing is essential for sending money between USD and IQD. The exchange rate you secure impacts how much IQD you get for your USD.
Over the last six months, here’s what we’ve seen:
The exchange rate from USD to IQD averaged 1,310.0393 IQD.
The highest value recorded was 1,326.4087 IQD, while the lowest was 1,306.2106 IQD.
There are currently 4 providers offering transfers between the United States and Iraq close to this rate
Want to secure the best USD-Iraqi Dinar exchange rates?
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Funding your United States to Iraq transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Iraq and United States.
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 United States to Iraq.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send USD to IQD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.