What is the current NGN to IQD exchange rate?

The current mid-market exchange rate is 1 NGN = 0.9498 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 NGN 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 NGN to IQD?

Exchange rates fluctuate constantly based on economic factors. Use our historical chart to see how the NGN/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 NGN to IQD — live rate

Convert Nigerian Nairas to Iraqi Dinars and compare the real cost of sending money.

You send

NGN

They receive

IQD

1 NGN = 0.9498 IQD • Mid-market rate

Updated just now

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Historical NGN/IQD exchange rate

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

Quick reference: NGN to IQD

1 NGN → 0.95 IQD

5 NGN → 4.75 IQD

10 NGN → 9.50 IQD

50 NGN → 47.49 IQD

100 NGN → 94.98 IQD

500 NGN → 474.89 IQD

1,000 NGN → 949.79 IQD

5,000 NGN → 4,748.94 IQD

Currency snapshots

NGN — Nigerian Naira

ISO Code NGN

Symbol ₦

Central Bank Central Bank of Nigeria

Common Notes ₦5, ₦10, ₦20, ₦50, ₦100, ₦200, ₦500, ₦1000

Learn more about NGN

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 NGN to IQD — live rate

Historical NGN/IQD exchange rate

Quick reference: NGN to IQD

Real cost of NGN → IQD

Estimated savings

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Currency snapshots