Convert MKD to IQD — live rate

Convert Macedonian Denars to Iraqi Dinars and compare the real cost of sending money.

MKD
IQD
1 MKD = 24.6143 IQD Mid-market rate
Updated just now
Compare transfers for MKD → IQD
No signup required FCA-regulated providers only

Historical MKD/IQD exchange rate

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Rates shown are indicative mid-market rates, updated regularly.

Quick reference: MKD to IQD

1 MKD 24.61 IQD
5 MKD 123.07 IQD
10 MKD 246.14 IQD
50 MKD 1,230.72 IQD
100 MKD 2,461.43 IQD
500 MKD 12,307.15 IQD
1,000 MKD 24,614.30 IQD
5,000 MKD 123,071.50 IQD

Real cost of MKD → IQD

Banks (typical) ~2% markup
Specialists 0.3–1% markup

The rate above is the mid-market rate. Banks and providers add their margin on top.

How we calculate costs

Estimated savings

On 1,000 MKD
Bank ~£20 lost
Specialist ~£8 lost
You save ~£12

*Estimate based on typical provider rates

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Currency snapshots

MKD — Macedonian Denar
ISO Code MKD
Symbol ден
Central Bank National Bank of the Republic of Macedonia
Common Notes ден10, ден50, ден100, ден500, ден1000, ден5000
Learn more about MKD
IQD — Iraqi Dinar
ISO Code IQD
Central Bank Central Bank of Iraq
Common Notes .ع50, د.ع100, د.ع250, د.ع500, د.ع1000, د.ع5000, د.ع10000
Learn more about IQD

What affects this rate? Interest rate differentials, inflation expectations, and market risk sentiment are the primary drivers.