What is the current MAD to IQD exchange rate?

The current mid-market exchange rate is 1 MAD = 138.5320 IQD. This rate is updated in real-time. Banks typically add a 2-3% markup, while specialist providers offer rates closer to the mid-market rate.

How can I get the best MAD to IQD rate?

To get the best rate, compare FCA-regulated money transfer specialists instead of using your bank. Specialist providers typically charge 0.3-1% vs banks' 2-3% markup. For larger amounts (£1,000+), the savings can be significant.

Is it a good time to convert MAD to IQD?

Exchange rates fluctuate constantly based on economic factors. Use our historical chart to see how the MAD/IQD rate has moved over time. For large transfers, consider setting up rate alerts or using a forward contract to lock in today's rate.

Convert MAD to IQD — live rate

Convert Moroccan Dirhams to Iraqi Dinars and compare the real cost of sending money.

You send

MAD

They receive

IQD

1 MAD = 138.5320 IQD • Mid-market rate

Updated just now

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Historical MAD/IQD exchange rate

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

Quick reference: MAD to IQD

1 MAD → 138.53 IQD

5 MAD → 692.66 IQD

10 MAD → 1,385.32 IQD

50 MAD → 6,926.60 IQD

100 MAD → 13,853.20 IQD

500 MAD → 69,266.00 IQD

1,000 MAD → 138,532.00 IQD

5,000 MAD → 692,660.00 IQD

Currency snapshots

MAD — Moroccan Dirham

ISO Code MAD

Central Bank Bank Al-Maghrib

Common Notes 20, 50, 100, 200

Learn more about MAD

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.

Convert MAD to IQD — live rate

Historical MAD/IQD exchange rate

Quick reference: MAD to IQD

Real cost of MAD → IQD

Estimated savings

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Currency snapshots