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Overall best option: Wise
Of the 3 companies that support IQD to ZAR, Wise offered the best combination of cost and speed.
Overall, Wise appeared in 100% of Iraq to South Africa searches, consistently scoring as one of the best ways to send IQD to ZAR.
So for a great mix of cost, speed & features, send Iraqi Dinars to South Africa using Wise.
Compare for the best deal on your Iraq to South Africa transfer
- Always compare rates
Don't spend more than you have to. Use our live comparison tool to compare rates on money transfers from Iraq to South Africa.
- Choose a provider
Pick the provider that offers you the best value & service for your needs for IQD to ZAR transfers.
- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be heading to South Africa.
Summary of recent searches
Transfer consider from Iraq to South Africa
A comparison of providers offering services between Iraq and South Africa is paramount. Based on your specific transfer amount, the best way to send money to South Africa could change. Comparing ensures the best price for your needs.
For services allowing you to send Iraqi Dinar to South Africa we've compared 3 providers.
This coverage of the market ensure you will get the best options for your transfer to South Africa from Iraq.
Overall, we rated Wise as the best, but remember comparing for your specific transfer gives you a comprehensive view of all the options for transferring money from Iraq to South Africa.
Cheapest way to send money from Iraq to South Africa: Wise
On average, Wise fees were 55.42* IQD per transfer and customers would expect an exchange rate between IQD-ZAR that is -0.02% different to the mid-market rate
Against the others tested, Wise is 0% cheaper than the second-best option.
To secure a cheap way to transfer IQD to South Africa, Wise is our recommendation.
*The most common fee applied to IQD-ZAR by Wise, based on data from the past six months.
Fastest company to send money to South Africa from Iraq: Wise.
Through our data, Wise was the quickest way to send money from Iraq to Rand 100% of the time.
Sending money through Wise to South Africa from Iraq has an average fee of 55.42 IQD.
To understand who was the fastest, we tested Wise as part of 3 money transfer providers. Within this, we looked at the overall speed of sending money from Iraq to South Africa. This was made up of transfer times to South Africa after Iraqi Dinars were added to a money transfer account.
When fast money transfers between Iraq and South Africa are a priority, Wise is our recommended choice.
Need to make a large transfer?
Wise is the best option for large transfers of the 3 providers compared.
While Wise may not always be the cheapest or fastest way to send IQD from Iraq to South Africa, it's a great provider for larger transfers for things like buying or selling property.
Understanding the cost of money transfers to South Africa from Iraq
The total cost of sending money to South Africa 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-ZAR is 0.014 ZAR 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 Rand for your Iraqi Dinars.
The IQD-ZAR mid-market rate over the last three months has seen the Iraqi Dinar worth an average 0.0136 ZAR. Within this there has been a high of 0.014, and a low of 0.0134.
From 3 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 ZAR.
Fees: When sending money there may be additional fees. Wise offers the lowest fee of the 3 providers tested, averaging 55.42 IQD per transfer over the last 6 months.
Amount Received: When comparing providers, the best measure is the amount of Rand eventually received in South Africa.
This number should allow you to determine if you are getting a good deal. A higher amount of money received in South Africa, means a better overall cost of sending money from Iraq.
How to get the best exchange rate for Iraqi Dinar to Rand
Getting the best exchange rate essential for sending money between IQD and ZAR. The exchange rate you secure impacts how much ZAR you get for your IQD.
Here is how the currency has performed recently.
Over the past six months, the mid-market from IQD to ZAR has been 0.0136.
During this period, the highest value was 0.014, while the lowest was 0.0134.
Wise, which is our recommended choice to send money online from Iraq to South Africa offers an exchange rate that is only -0.02% above the mid-market rate.
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Paying for your Iraq to South Africa transfer
Bank transfers
Paying via a bank transfer is often the better option for sending money from Iraq to South Africa.
By using a money transfer company such as Wise for transfers from Iraq to South Africa, 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, Wise is the cheapest provider for bank transfers from the 3 we tested when sending IQD to South Africa.
With an average fee of 55.42 IQD to send money from Iraq to South Africa, Wise offers the best combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Iraq to South Africa with a debit or a prepaid card is easy with Wise.
Wise is a one of the better options in the market for international debit card transfers from Iraq to South Africa.
Credit cards
For credit card transfers from Iraq to South Africa, is our top choice of the 3 companies offering this payment method.
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 South Africa 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 South Africa.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send IQD to ZAR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
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