Live Converter
Dinar to Dirham Calculator
Enter any amount above to convert Iraqi Dinar (IQD) to UAE Dirham (AED), or vice versa.
Rate Info
About This Reference Rate
Since Iraq's dinar trades within a rate the central bank actively manages rather than a fully open market, this number is best treated as an official reference point. A parallel rate has sometimes existed alongside it, so double check specifics with a bank before moving real money.
Common Uses
Situations Where This Rate Matters
A few practical scenarios explain most of the traffic on this particular pair.
Energy Industry Cross-Border Deals
With both countries deeply tied to oil production, contracts spanning Iraqi and UAE energy operations often require converting local payroll and vendor costs between dinar and dirham.
Sending Dirham Earnings Back to Iraq
Iraqis based in the UAE for work or business frequently need to turn dirham savings into dinar, whether supporting family or investing back home.
Rebuilding and Development Contracts
Foreign firms engaged in Iraqi rebuilding efforts typically negotiate in dollars, yet still have to translate those figures into dinar for local accounting and compliance purposes.
Quick Reference
Quick Reverse Chart
A rounded reference table for common amounts, based on the rate discussed above.
| Amount (IQD) | Formula | Result (AED) |
|---|---|---|
| 10 IQD to AED | 10 × 0.0028 | 0.03 AED |
| 50 IQD to AED | 50 × 0.0028 | 0.14 AED |
| 100 IQD to AED | 100 × 0.0028 | 0.28 AED |
| 500 IQD to AED | 500 × 0.0028 | 1.40 AED |
| 1,000 IQD to AED | 1,000 × 0.0028 | 2.80 AED |
| 5,000 IQD to AED | 5,000 × 0.0028 | 14.00 AED |
| 10,000 IQD to AED | 10,000 × 0.0028 | 28.00 AED |
| 50,000 IQD to AED | 50,000 × 0.0028 | 140.00 AED |
| 100,000 IQD to AED | 100,000 × 0.0028 | 280.00 AED |
Got Questions?
Frequently Asked Questions
What is a recent IQD to AED exchange rate?
About 0.0028 dirham per dinar, meaning roughly 357 dinars make up one dirham, based on Iraq's official reference rate.
How much is 100,000 IQD in dirham?
100,000 dinars comes to roughly 280 dirham at the reference rate used here.
How much is 100 AED in dinars?
100 dirham converts to about 35,700 dinars at the rate shown on this page.
Was the Iraqi dinar ever worth more than the US dollar?
Yes, in the early 1970s one dinar traded for more than three US dollars, a reflection of a very different economic and political era before decades of conflict and sanctions reshaped the currency's value.
What affects the IQD to AED exchange rate?
Iraq's central bank manages the dinar's rate closely, with oil export revenue, government spending, and broader economic stability all playing a role in how that management unfolds.
Is there a difference between the official and parallel market rate in Iraq?
There has been at various points, with a parallel market rate sometimes trading somewhat differently from the official bank rate, though the gap has narrowed at times depending on economic conditions.
Where can I exchange dinars for dirham?
Banks and licensed exchange offices inside Iraq handle this routinely, and some exchange houses in the UAE with strong Iraq trade ties may offer it as well.
Why is the UAE dirham pegged to the US dollar?
The UAE fixed its dirham to the dollar in 1997 to provide currency stability for its oil-driven, trade-heavy economy, making pricing and international contracts more predictable.
Can businesses lock in an IQD to AED rate for a future payment?
This is uncommon given the more managed nature of the dinar's market, since standard forward contracts typically require deeper international trading than the dinar currently sees.