Convert IQD to MKD — live rate

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

IQD
MKD
1 IQD = 0.0402 MKD • Mid-market rate
Updated just now
Compare transfers for IQD → MKD
No signup required • FCA-regulated providers only

Historical IQD/MKD exchange rate

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

Quick reference: IQD to MKD

1 IQD → 0.04 MKD
5 IQD → 0.20 MKD
10 IQD → 0.40 MKD
50 IQD → 2.01 MKD
100 IQD → 4.02 MKD
500 IQD → 20.12 MKD
1,000 IQD → 40.23 MKD
5,000 IQD → 201.17 MKD

Real cost of IQD → MKD

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 IQD
Bank ~£20 lost
Specialist ~£8 lost
You save ~£12

*Estimate based on typical provider rates

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Currency snapshots

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
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

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