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Sell Iraqi dinar to a registered US exchange
Ready to cash out your Iraqi dinar? Sell Iraqi dinar to US First Exchange, a Los Angeles currency exchange registered with FinCEN, part of the US Treasury, as a Money Services Business. Get your buyback quote in the order form on this page, mail your notes with a free prepaid FedEx label, and get paid in US dollars once they are verified.
Your package travels by FedEx and is fully insured for the value of your currency, from the moment it leaves your hands until it reaches our facility.
Today's Iraqi dinar buyback rate
Your exact buyback quote appears in the order form at the top of this page before you commit to anything. Rates are set daily, and once you place your order your quote is locked for 30 days, so you have plenty of time to ship.
Our buyback price is lower than the Central Bank of Iraq's official rate. That gap covers the cost of moving physical dinar, which trades in a small market outside Iraq, plus verification and shipping. Learn how Iraqi dinar buyback rates work or compare today's Iraqi dinar exchange rate.
How to sell Iraqi dinar online in 4 steps
- Get your quote. Enter how much Iraqi dinar you want to sell. The minimum is one note. You see the exact USD amount before you continue.
- Verify your identity and choose how to get paid. Create an account and upload a valid US government-issued ID. Federal rules require this for every money services business.
- Ship your Iraqi dinar. We email you a prepaid FedEx label, so shipping costs you nothing. Sort notes by denomination, pack them in a plain padded envelope, and put your invoice inside.
- Get paid. When your package arrives, we count and verify every note. You get a receipt, and your payout is sent within 24–48 business hours.
Before you ship, read our shipping instructions for packing tips.
How you get paid
Exchange Iraqi dinar for US dollars and choose how the money reaches you:
| Payout method | How it arrives | Fee |
|---|---|---|
| E-check | A printable check emailed to you, ready to deposit | No fee |
| Check by mail | A paper check posted to your verified address | Processing fee applies |
Both are sent within 24–48 business hours after your notes are verified. The payout name must match the verified account holder. See how you receive your funds.
Which Iraqi dinar notes we buy
We buy current-series Iraqi dinar banknotes issued by the Central Bank of Iraq, including the 25,000 and 50,000 IQD notes most US holders own. We do not accept old or withdrawn currency series, severely damaged notes, or coins. See all Iraqi dinar denominations.
How we verify your notes
Every note we receive is scanned on De La Rue verification machines and checked by hand for security features. We record each serial number, and you get a written receipt showing exactly what was accepted. Want to check your own notes first? Read how to spot fake Iraqi dinar.
Where to sell Iraqi dinar in the US
Most people try a few options before they find one that works. Here is how they compare:
| Option | What usually happens |
|---|---|
| Your local bank | Most US banks do not buy Iraqi dinar, and those that can may charge high fees or ask you to wait weeks. |
| Coin shops and pawn shops | Some buy small amounts, often well below dealer rates, and many cannot verify notes. |
| Online marketplaces | You carry the risk of non-paying buyers, chargebacks and counterfeit disputes, plus seller fees. |
| A registered currency exchange by mail | You get a set price locked for 30 days, free insured shipping, a receipt and a traceable payout. |
Not sure your bank can help? See which US banks exchange Iraqi dinar. US First Exchange buys Iraqi dinar by mail from customers in every U.S. state except Texas, Illinois, Washington and New Mexico. Read our step-by-step guide to selling Iraqi dinar.
Why sell your Iraqi dinar to US First Exchange
- Third-generation currency brokers. Our family has worked in currency exchange and authentication for three generations.
- Your price is locked for 30 days, and shipping is free with our prepaid FedEx label.
- Registered and compliant. We are registered with FinCEN, part of the US Treasury, as a Money Services Business and follow federal know-your-customer rules. Read our compliance statement.
- A real US business. Our office is at 550 South Hill Street, Los Angeles, CA 90013. We serve customers by mail and phone; there is no walk-in counter.
- People who pick up the phone. Call 310-982-1743, 10am–5pm Pacific Time.
A straight answer on value
We buy Iraqi dinar at today's posted rate. We do not predict where the dinar is heading, and we do not give investment advice. For the facts behind dinar news, read Iraqi dinar revaluation: what the facts say.
Looking to buy instead? Buy Iraqi dinar online or visit our Iraqi dinar exchange page.
Frequently asked questions
Where can I sell Iraqi dinar in the US?
You can sell Iraqi dinar to a registered currency exchange such as US First Exchange. We buy dinar by mail from customers in every U.S. state except Texas, Illinois, Washington and New Mexico.
How much will I get for my Iraqi dinar?
It depends on today's buyback rate and how many notes we accept after inspection. The order form on this page gives you an exact quote, locked for 30 days.
Why is the buyback rate lower than the official rate?
Iraqi dinar has a small market outside Iraq, and buying it back means paying to ship, verify and move the notes. Every dealer prices this in.
Can I cash out Iraqi dinar at my bank?
Most US banks do not exchange Iraqi dinar. A registered currency exchange that buys dinar by mail is usually the most direct way to cash out.
Do you buy old Iraqi dinar notes?
No. We buy current-series notes only. Old or withdrawn series and severely damaged notes are not accepted.
Is there a minimum amount of Iraqi dinar I can sell?
The minimum is one note. For example, you can sell a single banknote of any Iraqi dinar denomination we accept.
Are there any fees?
Shipping is free with our prepaid FedEx label, and e-check payouts have no fee. A processing fee applies only if you choose check by mail.
How long does it take to get paid?
Your payout is sent within 24–48 business hours after your package arrives and the notes are verified.
Is my package insured when I send my Iraqi dinar?
Yes. Your package is insured for the value of your currency from the moment it leaves your hands until it reaches our facility.
Do you buy Iraqi dinar coins?
No. We buy banknotes only.
Do I pay tax when I sell Iraqi dinar?
It depends on your situation. Keep records of what you paid and what you received, and ask a tax professional.