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

12345 asked:


I’ve heard about investing in the Iraq dinar. And I heard they will possible revalue it. How does this process occur?

Harland Randzin

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?

ME asked:


I recently purchased an “authentic” uncirculated 10K Iraq dinar off ebay. When it arrived, the holographic strip along the side was about halfway peeled off. And when I touched it, it just crumbled away completely. This seems odd, because if it peeled off so easily, how would it be expected to last if the bill were ever circulated?

Also, it appears to be a poor print job because the graphics are not lined up correctly with the paper’s edge. For instance, on one side, I can see the edge of the next bill which was printed on the same paper, like it was cut at a slight angle. The whole thing is sort of cock-eyed, actually. It just doesn’t look right to me.

Are these particular bills known for their cheap production? Or could this be a counterfeit bill that I have here? Thanks for any info you might have.
The word that was filtered was supposed to be C0CK-EYED. I guess Yahoo thought I meant something else.
It was printed under Saddam’s regime and is therefore no longer printed or able to be spent. Therefore it cannot simply be exchanged like you would with any other form of currency.

I purchased it from ebay (from what I thought was a reputable collector). He had great feedback.

bernardmailman asked:


also a 25000 iraq dinar note as well. thank you very much

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????

sdlocal92109 asked:


Do you think the iraq dinar could/will follow trends like the deutsch mark, yen did after ww2 and gain decent value in the future?

Thanks in advance
T

jackieg201 asked:


Has anyone ever invested in Iraq Dinar money? Is this a good investment to make? And where would I get the money at?

Willie C asked:


Please tell me how this investment works?

arce c asked:


i have 250 iraq dinar, it was from before the war of Iraq year 2003. a military friend gave it to me. im in need of money right now and i want it changed into our Philippine Peso currency. im here in Cebu, Philippines. can anyone give me a leading on where i can have it changed?