Even if built, the performance would be terrible (double emulation: CPU + API), battery life would crater, and Apple would reject any app from the App Store that uses such a layer (it violates guideline 2.4.5 – “Apps that run code from an external source without approval are rejected”).
But is it actually possible? Let’s break down the tech reality behind this common search query. Can You Directly Convert EXE to IPA? exe to ipa converter exclusive