Convert MNT to IQD — live rate

Convert Mongolian Tugriks to Iraqi Dinars and compare the real cost of sending money.

MNT
IQD
1 MNT = 0.3665 IQD Mid-market rate
Updated just now
Compare transfers for MNT → IQD
No signup required FCA-regulated providers only

Historical MNT/IQD exchange rate

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

Quick reference: MNT to IQD

1 MNT 0.37 IQD
5 MNT 1.83 IQD
10 MNT 3.67 IQD
50 MNT 18.33 IQD
100 MNT 36.65 IQD
500 MNT 183.26 IQD
1,000 MNT 366.52 IQD
5,000 MNT 1,832.59 IQD

Real cost of MNT → 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 MNT
Bank ~£20 lost
Specialist ~£8 lost
You save ~£12

*Estimate based on typical provider rates

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Currency snapshots

MNT — Mongolian Tugrik
ISO Code MNT
Symbol
Central Bank Bank of Mongolia
Common Notes ₮10, ₮20, ₮100, ₮500, ₮1000, ₮5000, ₮10000, ₮20000
Learn more about MNT
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.