Iraqi Dinar – Iraqi Dinar Value, Iraqi Dinar Exchange Rate, Buying Iraqi Dinar, Iraqi Dinar Buying Guide

BOYBOY asked:


I was trying to do some research on this topic, but all I can find are the negitive side affects of the war in iraq. Someone please help!

Pricilla Kittinger

jay asked:


I read on a website that the Iraq Dinar that started to be printed in 2004 after the new democratical Iraq government was formed is backed by American currency. it stated the ratio was somewhere around 1200 Dinars for every American Dollar. The money was allegedley lent to them by either The United States or the US Federal reserve bank thou it didn’t specify with the intentions of giving the economy a boost since the original dinars that were being circulated were worthless since Saddam regime was printing them out like newspapers so much that it inflation devalued it. I thought this made sence because I seen on tv on some show that said that the the 6 main goals that Bush wanted the new Iraq government to do is fund the local governments with atleast 1/4 of funding federal 1/4 aswell and 1/4 to the people and 1/4 for surpulus. 5 get the oil drilling online and back in busness, and 6 have the Iraq oil be sold by the dollar which give more back up for newly printed dinar notes!
I would think this makes alot of sence because if Iraq’s Central Bank was finaced by our Federal reserve then they may of agreed to terms that would limit there authority to dictate the ration of dinars that can be printed to Dollars . If this is the case then the government of Iraq would have a sybotic relationship with the American dollar because they will need american currency to back the Dinars that The Central Bank Of Iraq will print. And it would be in the best interest of the Iraq economy to sell Oil on the world market in America dollars that way the Dinar will be worth more because it is backed by more dollars. and it would beneft America because there will be a huge oil market available free of exchange rates that are the cause of soaring Gasoline prices currentley.

Does this seem reasonable or am I just clueless?

chris asked:


My friend is buying Dinar . He’s hopping soon that dinar is getting better. That time he going sell his dinar . And he offering me to do The same thing . That’s why i asking because i see at central bank of iraq website , dinar is getting worse everyday . But i know eventually dinar going to be better . But is it going to happen soon ??

LOLO asked:


my son was wondering he wanted a peice of it because of the war

__A_YAHOO_USER__ asked:


I thought about getting some iraq dinar at the bank to resell somewhere else. Would the exchange rate be roughly the same as www.xe.com? obviously it would be higher so the banks will make money. But would it be roughly the same? Also, how do you pronounce ‘dinar’? lol

Bobbi asked:


Do you think it will be worth anything, anytime soon? How will you know when it is good to trade and its worth?

Cheay Dog asked:


how much would 500 000 iraq dinar be worth in canadian dollers????

Darla asked:


The 1 dinar is from The Central Bank of kuwait I’m learning that no one wants the money because of Saddam. I just want to know if I should save it or throw it away

Ismael Jr. asked:


Some people start purchasing Iraqi Dinars in hopes that it will someday have a much higher value. Some people buy as much as 1 Million Iraqi Dinar for a mere $800! Do you think that there is a possibility that the Iraqi Dinar’s Value will appreciate? They have Oil as one of their main source of income which is a GLOBAL DEMAND Nowadays…

5-angelface asked:


I found Some money waded up in the front seat of an abandond junk car @ the edge of my mother in laws property. It appears to be very very real but I figure its not equal to American money and probley worth alot less in American Dollars. It says Central Bank of Iraq, Ten Thousand Dinars