.svg)
Send money from Iraq to Nigeria
"Western Union agents help you send money from a wide variety of countries. Find a local branch near you to deposit cash and send your funds abroad."
"With MoneyGram you can send money globally. Find a local MoneyGram branch near you to deposit and send cash abroad."
Alternative for Iraq to Nigeria
While you can’t send IQD to NGN with Wise, you can transfer USD to USD.
"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."
In our experience, there are always efficiencies to be made in how businesses manage international payments in and out.
Why not take our free FX health check test to see how effective your business is in managing these. It only takes a couple of minutes.
The best way to send IQD to Nigeria is through a cash transfer with Western Union.
Western Union offers broad coverage across Iraq and Nigeria, making it a reliable option.
Transfer fees vary depending on the branch and the amount you send, but you can generally expect to pay around 3 IQD per 328,000 IQD transferred.
Before sending, check which deposit options are available in your area. In many cases, you can fund your transfer online in IQD, while the recipient collects NGN in cash at a local branch.
If you’re looking for alternatives, MoneyGram also offers competitive cash pickup services.
How to compare deals on Iraq to Nigeria money transfers
Always compare rates
Don't pay more than you need to. Use our live comparison tool to ensure the best rates on money transfers from Iraq to Nigeria.
Choose a provider
Select the provider that gives you the best value & service for your needs
Click, sign up & send
Follow the steps & start your transfer from Iraq. Your funds will be converted to Naira and transferred to Nigeria.
Summary of recent searches
Sending money from Iraq to Nigeria considerations
Compare providers
A comparison of providers offering services between Iraq and Nigeria is the easiest way to ensure the best deal.
We've compared 2 providers that offer services for sending Iraqi Dinar to Nigeria.
This ensures you will get the best options for your transfer to Nigeria from Iraq.
Whilst we rate Western Union Agent as the best overall, comparing gives you a comprehensive view of all the options for transferring money from Iraq to Nigeria.
Get the most from the Iraqi Dinar-Naira exchange rate
Choose the right payment method
Financial regulations in Iraq and Nigeria
Consider transfer limits
How to receive money
Have your ID ready
Tax declarations
The cheapest way to send money to Nigeria from Iraq is to send cash via Western Union Agent.
Generally speaking, sending cash is more expensive than using the online transfer, however, after looking at 100+ money transfer companies, there aren’t many options servicing IQD/NGN.
The main cost is made up of the fee (around 3 IQD) and the exchange rate markup added on top.
However, this heavily depends on which branch you use, and how much IQD you are sending.
Fastest money transfers from Iraq to Nigeria: cash transfer via MoneyGram Agent
The quickest way to send money from Iraq to Nigeria is through a cash transfer with a MoneyGram Agent.
In most cases, cash transfers are processed instantly, allowing your recipient to collect NGN within minutes.
In some cases, transfer times can vary depending on the amount sent and the branch you use, with larger transfers occasionally taking up to 24 hours to process.
Given the limited number of providers supporting IQD to NGN transfers, MoneyGram remains the fastest and most reliable option for cash pickups in Nigeria.
Sending large amounts of money
Of the 2 companies compared, Western Union Agent has the strongest option for large transfers from Iraq to Nigeria.
Whatever the reason, sending bigger sums of money can be costly if you get a bad exchange rate from Iraqi Dinar to Naira.
The Western Union Agent rate makes them great for large transfers between Nigeria and Iraq.
Understanding the cost of money transfers to Nigeria from Iraq
The total cost of sending money to Nigeria 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-NGN is 1.111 NGN 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 Naira for your Iraqi Dinars.
The IQD-NGN mid-market rate over the last 7 days has seen the Iraqi Dinar worth an average 1.1035 NGN. Within this there has been a high of 1.1103, and a low of 1.0998.
From 2 companies compared, Western Union Agent 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 NGN.
Fees: When sending money there may be additional fees. Western Union Agent offers the lowest fee of the 2 providers tested, costing 3 IQD per transfer (based on .د.ع328,000 transferred).
Amount Received: When comparing providers, the best measure is the amount of Naira eventually received in Nigeria.
This number should allow you to determine if you are getting a good deal. A higher amount of money received in Nigeria, means a better overall cost of sending money from Iraq.
How to get the best exchange rate for Iraqi Dinar to Naira
Getting the best exchange rate essential for sending money between IQD and NGN. The exchange rate you secure impacts how much NGN you get for your IQD.
Here is how the currency has performed recently.
Over the past 7 days, the mid-market from IQD to NGN has been 1.1035.
During this period, the highest value was 1.1103, while the lowest was 1.0998.
Western Union Agent, which is our recommended choice to send money online from Iraq to Nigeria offers an exchange rate that is only 5% above the mid-market rate.
Want to secure the best IQD-Naira exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Iraq to Nigeria!
Paying for your Iraq to Nigeria transfer
Bank transfers
Paying via a bank transfer is often the better option for sending money from Iraq to Nigeria.
By using a money transfer company such as Western Union Agent for transfers from Iraq to Nigeria, you can send money and while benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
On average, Western Union Agent is the cheapest provider for bank transfers from the 2 we tested when sending IQD to Nigeria.
With a fee of 3 IQD to send money from Iraq to Nigeria, Western Union Agent offers the best combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Iraq to Nigeria with a debit or a prepaid card is easy with Western Union Agent.
Western Union Agent is a one of the better options in the market for international debit card transfers from Iraq to Nigeria.
Credit cards
Not many money transfer companies offer direct credit card deposits, because it is more expensive for everyone.
We recommend using a bank transfer or a debit card transfer if you can; otherwise, make a quick comparison to find the latest deal.
Be aware of fees: using a credit card to transfer money can mean being charged for a cash advance by your card provider. We always recommend a bank transfer or debit card payment if it is a possibility.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Nigeria 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 Nigeria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send IQD to NGN.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy and review methodology.
Money transfer company reviews
