Convert Iraqi Dinar to Dollars (2024)

FAQs

Can I exchange my Iraqi dinar in the United States? ›

Major banks do not offer trade-in Iraqi dinars. IQD is only available for purchase or sale by selected brokers or money exchangers, who may or may not be legally authorized. As mentioned, the brokers or money exchangers typically charge a fee of 30% or more over and above the authorized exchange rate.

The best place to sell Iraqi dinars for USD is through a reputable online currency exchange service. These services typically offer the best exchange rates and the most convenient way to sell your currency.

Bank of America, N.A. does not buy or sell Iraqi dinar banknotes or Vietnamese dong banknotes, and currently has no plans to offer this service in the future. You may have read on the internet or heard from friends that Bank of America, N.A. buys and sells these banknotes, or has plans to offer this service.

Some people, especially in the United States, are buying the Iraqi dinar as an investment. Most people who invest in the Iraqi dinar do so because of theories that the dinar will become worth much more than it is today through a revaluation or "RV."

Expand. No, Wells Fargo does not buy or sell Iraqi dinar in any location - online, by phone, or in our branches.

US First Exchange offers competitive rates when buying or selling Iraqi dinars.

What is the exchange rate for dinar to dollar? ›

Bank of America account holders can exchange foreign currency (no coins) for U.S. dollars at a full-service financial center.

Banks, credit unions, online bureaus, and currency converters provide convenient and often inexpensive currency exchange services. Once on foreign soil, the best means to convert currency is to use a foreign automated teller machine (ATM) or identify whether your bank has ATMs or banking affiliates nearby.

The Iraqi dinar is a closed currency, but buying it using our online currency exchange service is still possible.

The Iraqi dinar is an official national currency and used only in Iraq.