IQD 500 = SYP 4962.985
Convert1 IQD = 9.92597 SYP | 1 SYP = 0.10075 IQD
Last Updated Feb 14, 5:30 ISTOur converter applies the mid-market rate. It is solely for informational purposes. The Rate might differ while transferring money.
IQD to SYP Exchange Rate Chart
1 IQD = 9.92597 SYP
The exchange value of 500 IQD in Syrian Pound is 4962.985 SYP as on Feb 14.
You can check the exchange rate of 500 Iraqi Dinar to Syrian Pound by using the Paytm currency exchange rate calculator.
All you need to do to see the exchange 500 IQD to SYP online is as follows:.
There are several online ways to convert IQD to SYP.
Most banks in India allow IQD to SYP conversion through their internet banking or mobile apps.
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Apps like Wise, PayPal, and Western Union allow IQD to SYP conversion quickly.
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A Forex card is a prepaid card that holds multiple currencies, including IQD.
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Some people use crypto exchanges to convert USD to INR through Bitcoin, Ethereum etc.
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There are several offline methods to exchange IQD to SYP. Let‘s explore them.
1. Banks
Banks offer currency exchange services at competitive rates. You need to visit a branch with your IQD cash and exchange it for SYP.
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Private money exchange centers, like Thomas Cook, Muthoot Forex, and Western Union, offer offline IQD to SYP conversion.
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Airports have forex counters where travelers can exchange IQD to SYP.
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Some hotels and travel agencies offer currency exchange services for guests.
Steps to Exchange IQD to SYP at a Hotel or Travel Agency:
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In busy markets and tourist spots, you may find local money changers who exchange IQD for SYP
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Most offline exchanges require identity proof. Here are the common documents needed:
Document Type | Required For |
---|---|
Passport | All exchanges (mandatory for foreigners) |
Always carry a valid ID when exchanging currency.
Method | Exchange Rate | Transfer Fee | Availability | Speed |
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Bank Transfer | Low | Low | Limited hours | 1-3 days |
Any Third Party App | High | Low | 24/7 | Instant/Few minutes |
Forex Card | Medium | Low | 24/7 | Instant |
Crypto Exchange | High | Low | 24/7 | Few minutes |
Exchange Centers | Good | Medium | Widely available | Few minutes |
Airport Counters | High | High | 24/7 at airports | Few minutes |
Hotels/Agencies | Very High | Medium | Only for guests | Few minutes |
Local Money Changers | Varies | Low | Risky but quick | Few minutes |
Converting Iraqi Dinar (IQD) to Syrian Pound (SYP) offers several advantages, depending on your financial needs and market conditions. Here are some key benefits:
IQD is a strong and widely traded currency. If the exchange rate is favorable, converting IQD to SYP can give you more value for your money.
Since 1 IQD equals a significantly higher amount in SYP, converting IQD to SYP increases your purchasing power, allowing you to afford more goods and services in Syria.
If you‘re an NRI, tourist, or returning from the Iraq, converting IQD to SYP ensures you have local currency for daily expenses, shopping, and travel within Syria.
Converting IQD to SYP can help you invest in Syria assets, such as real estate, stocks, mutual funds, and fixed deposits, which often offer higher returns compared to Iraq markets.
Using a direct IQD to SYP conversion method (like Forex cards or money changers) helps avoid unnecessary fees and unfavorable exchange rates charged by international payment gateways or credit card companies.
For businesses involved in international trade, converting IQD to SYP at the right time can help optimize costs, manage foreign exchange risks, and improve profit margins.
By choosing the right conversion method and timing, you can maximize the benefits of IQD to SYP exchange.
Source of the rates:apilayer.com