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1000 Iraqi dinar to Tanzanian shilling Exchange Rate | IQD to TZS - XTransfer

1000Iraqi dinar to Tanzanian shilling exchange rate

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IQD to TZS

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Result

1 IQD = 1.9983 TZS

11:29 Exchange Rate

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IQD to TZS  AI Predictive Analysis

XTransfer is the first platform for B2B foreign trade finance in China. It provides safe, convenient and low-cost international collection solutions for small, medium and micro enterprises, with 0 account opening fee and 0 handling fee. New users can receive up to 200000 RMB free foreign exchange settlement quota for registration. The current IQD/TZS market is showing a trend of increased volatility, focusing on economic policy and geopolitical factors. AI prediction can help users grasp the trend.

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As of August 14, 2025

analysis of influencing factors:Economic Policy, Geopolitics
potential resistance level:2.00
Operational recommendations:Stay on the sidelines, buy or sell at the right time.
Forecast Time Range:The next two weeks
Market sentiment:Cautiously optimistic
Brief Technical Review:Exchange rate in volatile range, need to focus on key support and resistance levels
Recent volatility:Higher
AI Confidence Index:Medium
Potential support level:1.85
trend prediction:The next two weeks

AI analysis is for reference only. Please judge based on actual conditions.

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1 USD to CNY Historical Exchange Rate Trends

1 USD = -- CNY

00:52 Exchange Rate

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Iraqi dinar Exchange Rate Conversion Table

IQD
IQD
1 IQD
10 IQD
25 IQD
50 IQD
100 IQD
500 IQD
1000 IQD
5000 IQD
10000 IQD

IQDIQD - Iraqi Dinar

The Iraqi dinar was issued in 1932 as a symbol of the country's sovereignty and has undergone several currency reforms. Despite political and economic shocks, the dinar remains the main medium of exchange in the country, especially playing an important role in the oil economy.

  • Supporting unit:1 dinar = 100 fils, and fils have largely withdrawn from circulation.
  • Denomination of banknotes:250, 500, 1,000, 5,000, 10,000 dinars
  • Reserve currency:No, it is mainly used for the domestic economy.
  • Banknote material:The primary material is cotton paper, featuring watermark and security thread as anti-counterfeiting measures.
  • Metal composition:Copper-nickel alloy, etc.
  • Currency symbol:ع.د
  • Paper currency size:An amount of 10,000 dinars measures approximately 160mm × 80mm, with slight variations in different denominations.
  • language:en
  • Main unit:1 Dinar
  • ISO code:IQD
  • Currency name:Iraqi Dinar
  • Exchange Rate System:Managing floating exchange rate systems
  • Central Bank:Central Bank of Iraq
  • Safe-haven currency:No, it is significantly affected by political and security factors, resulting in high volatility.
  • Coin denomination:1, 5, and 10 dinar coins are very rare.
  • Countries of Use:Iraq has only one legal currency.
  • Cross-border payment:International payments are made through the SWIFT network, but the acceptance of IQD in international trade is limited, with the US dollar or euro commonly used as settlement currencies.

TZSTZS - Tanzanian Shilling

The Tanzanian Shilling was introduced in 1966 as a replacement for the East African Monetary Unit. The TZS supports the agricultural and mining industries and is an important part of the country's economy.

  • Supporting unit:No auxiliary currency unit; auxiliary currency has been abolished.
  • Denomination of banknotes:500, 1000, 2000, 5000, 10000 shillings
  • Reserve currency:No, the US dollar is the primary reserve currency.
  • Banknote material:Paper-based with anti-counterfeiting design
  • Metal composition:Copper-nickel alloy, stainless steel
  • Currency symbol:TSh
  • Paper currency size:Approximately 150mm × 70mm for 10,000 shillings.
  • language:en
  • Main unit:1 shilling
  • ISO code:TZS
  • Currency name:Tanzanian Shilling
  • Exchange Rate System:Floating exchange rate system
  • Central Bank:Bank of Tanzania
  • Safe-haven currency:No, regional currency.
  • Coin denomination:50, 100, 200, 500 shillings
  • Countries of Use:Tanzania
  • Cross-border payment:The shilling supports limited international payments through the SWIFT system, with trade primarily relying on the US dollar and other hard currencies.
IQDIQD
TZSTZS
The Tanzanian Shilling, abbreviated as TZS, serves as the official currency of Tanzania. It powers daily transactions, from market purchases to transportation fares. With coins ranging from 50 to 200 Shillings and banknotes up to 10,000 Shillings, the TZS currency plays a vital role in trade, tourism, and Tanzania’s growing economy, which saw goods exports rise by 18.8%.Understanding the TZS CurrencyWhat does TZS stand for?The abbreviation TZS stands for Tanzanian Shilling, which is the official...
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FAQ

With Iraqi dinar to Tanzanian shilling exchange rate fluctuations, will I receive less money?

Yes, the real-time exchange rate fluctuations between Iraqi dinar and Tanzanian shilling directly impact your trade profits. Due to the time lag in international payments, if IQD depreciates or TZS strengthens at the time of settlement, the actual amount of TZS you receive will decrease due to exchange losses. Therefore, monitoring the trend of Iraqi dinar and choosing the right exchange rate window is key to ensuring your trade proceeds do not shrink.

Why is the bank's exchange rate different from the one I found online?

The exchange rates found online are usually mid-market rates, which serve only as a market reference and are not the bank's actual transaction price. When performing currency settlement, banks deduct a "spread" (the difference between buying and selling prices) from the real-time mid-market rate to cover transaction costs. This spread causes the final amount you receive to be lower than the theoretical value calculated at the mid-market rate. Therefore, when calculating the actual profit of trade orders, you should rely on the bank's real-time "buying rate" rather than the reference rate.

Are AI-predicted exchange rates for Iraqi dinar to Tanzanian shilling accurate?

AI predictions for IQD to TZS are trend references based on historical big data and market sentiment models. While AI can capture the patterns of IQD through algorithms, it is difficult to 100% foresee sudden international political events or policy adjustments. Therefore, the predicted value of Iraqi dinar to Tanzanian shilling should serve as a supplementary suggestion for choosing a settlement window, rather than an absolute guarantee of the transaction price.

Are there any hidden fees when exchanging IQD to TZS?

In cross-border transactions involving Iraqi dinar to Tanzanian shilling, intermediary bank deductions are the most common hidden cost. When IQD is sent through non-direct banking routes, correspondent banks will deduct a service fee, resulting in the actual amount of TZS received being less than expected. To ensure your IQD order profits are not eroded, it is recommended to confirm whether the receiving bank supports the "Full Pay" (OUR) mode before initiating the Iraqi dinar exchange to avoid extra fees during Tanzanian shilling credit.

Why do different banks offer different exchange rates for Iraqi dinar to Tanzanian shilling?

This is because there is no unified fixed exchange rate globally; financial institutions add their own "spread" to the international mid-market rate of IQD to TZS. Different banks have varying position management and operational costs for IQD, which directly determines the fluctuations in their IQD settlement prices. Therefore, when converting Iraqi dinar to Tanzanian shilling, businesses will find slight differences in real-time quotes, and choosing a channel with a lower spread can yield more Tanzanian shilling.

How to conduct international cross-border payments conveniently?

The key to efficient international settlement lies in shortening the intermediate transfer links of global currencies. Through XTransfer, a one-stop foreign trade financial service platform, enterprises can quickly open multi-currency global collection accounts online without queuing at physical branches, enabling real-time payment, collection, and settlement. The compliance declaration consulting and exchange settlement services provided by XTransfer effectively solve the challenges of slow arrivals and opaque fees, making it a more convenient choice for SMEs handling bulk trade settlements.

Is it really safe to send money online via XTransfer?

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Disclaimer: The exchange rate data on this page is collected from public sources for reference only. Due to frequent fluctuations, XTransfer cannot guarantee accuracy or timeliness. Please refer to the real-time quotes from banks, related institutions, or trading systems.