Live INR to IQD exchange rate today - 1 INR equals 13.8109 IQD, with an instant two-way converter for Indian Rupee to Iraqi Dinar.
1 INR = 13.810900 IQD
1 IQD = 0.0724 INR
1.00 Indian Rupee =
13.8109 Iraqi Dinar
Last updated: September 3, 2026
This INR to IQD rate is sourced from the Frankfurter exchange rate API, which aggregates reference rates from central banks and financial data providers. Rates on this page are refreshed daily and reflect the mid-market exchange rate (the midpoint between buy and sell prices), rather than the retail rate offered at a bank or currency exchange counter.
Use the calculator above to convert any amount both ways: enter a value in either the INR box or the Iraqi Dinar (IQD) box to see the live conversion instantly.
A managed float, not pegged to any other currency - the RBI lets the market set its value but occasionally buys or sells dollars to smooth out sharp swings.
Managed closely against the US Dollar and heavily dependent on Iraq's oil export revenue, though it isn't a formal hard peg the way the Gulf currencies on this list are, and has seen occasional official rate adjustments.
The INR/IQD rate moves every trading day, driven mainly by:
It's managed very closely against the dollar, reinforced by the fact that Iraq's oil revenue is sold internationally in dollars, but it isn't a formal hard peg the way the Gulf currencies (like the Saudi riyal) are - the Central Bank of Iraq has made occasional official rate adjustments.
Oil exports account for the large majority of both Iraq's government revenue and its foreign currency earnings, so global oil prices and Iraq's own production levels have an outsized, direct effect on the dinar's stability compared to more economically diversified countries.
It's the mid-market rate, the midpoint between the buy and sell price on the global currency market, with no margin added. Banks, forex counters and card networks add their own markup on top, so the rate you're actually charged when exchanging cash or paying by card abroad will differ, usually by 1 to 4 percent in their favor.
Once a day, refreshed at 7:00 AM IST from the Frankfurter API.
Frankfurter (frankfurter.dev), a free exchange-rate API that blends official reference rates from multiple central banks rather than relying on a single source.
Use it as a reference for roughly what you should be getting, not as the exact rate you'll receive. An actual transaction, a bank transfer, cash exchange, or a card payment abroad, goes through your bank or exchange provider's own rate, which includes their margin and any transaction fees.