The Dinar is not even exchanged on the world market. Its value remains at 1170 dinar per dollar. Good luck becoming wealthy at that rate. Are you going to Iraq to cash in on your fortune when the 25,000 dinar will RV at 1 dinar or if you are lucky 25 dinar. Go to your local bank and exchange for dollars and they will laugh in your face and you will be the fool of your neighborhood
Bought my dinar when I fought in Iraq in '04. Or found it on a non moving person. Either way, if it ever goes one to one, or even half that, I'm good for life. I don't need these former desert rats to hook me up.
It is highly likely that the dinar will revalue in the future, but to what extent no one can say with certainty and when. The problem we all face who has invested in the Dinar is if the CBI and government removes three zeros from the currency. If that happens then the millions we all hope for will turn into hundreds and thousands. Even though some will make some money, its no where on what we hoped for initially getting into this investment. not be a happy camper if it turns out like that
Obviously - guys in cheep suits trying to sell the ignorant on buying something as if worth 1000 fold more than it really is. Think of it - The Dinar is tied to the dollar. If the Dinar gained 1000 fold value to the dollar then the dollar would loose 1000 against the Dinar. Simple. Fact is every money/country in the world would have loose/drop 1000 fold against Iraq and the Dinar. Can you name one single Country willing to do this to their own money? You cant - your cheap car salesmen.
Bull shit. The only way the dinar will pay out what you claim is if the Iraqi Government itself is willing to payout such earnings. They would looooose 1000 fold on the 50 Billion dollars they purchased. If such was true the Iraqi could sell every dinar to the market as such value today. A salesman scam for sure. Think of this - if the return was true why would you guys sell a single Dinar? You would be giving away billions. B.S>
I read on internet that the IMF released a statement in relation to the international compact with Iraq, which has turned the tide in regards to speculation on the Iraq dinar.
@TheDevinrichard: Allows US Citizens to invest in the new Iraq. Under this order and the Coalition Provisional Government Order 39, a US Citizen has the same rights to investments as an Iraqi citizen.
If you could go back a few years, you would see that many of the sites dealing in Iraqi Dinar promised wealth within months and as you can see, not much has chanced with the money since then.
You will see charts and read material that will make you anxious to buy, perhaps even to the point that you may make a panic purchase but don’t let it influence you.
I think investing in the Iraqi Dinar, as with any type of currency trading, is a big risk! Yes, there is a possibility that it may make you a lot of money, but it is a very remote possibility!
Dealers also like you to believe that they go to great lengths to get the Iraqi Dinar, such as flying people to Iraq to collect the money, bringing it through customs and more; Again, don’t fall for it, chances are, it’s another big lie!
The sales point of most online Iraqi Dinar hawkers is that it only takes a minimal upgrade of their economy to profit from an increased exchange value for their currency
I’ve noticed that a recent statement from the USA government has announced that they’ve hit the wall budgetarily in Iraq they’ve given enough financial aid to rebuild Iraq.
Americans have destroyed the iraq they want oil but i think they have destroyed their own economy…i pray for the stable iraqi economy and for stable currency
This is all tripe. I can't believe people fall for this nonsense. Iraq is a disaster and will be for a very long time. These companies they mention "have invested billions of dollars" alright, but not in these ridiculous dinars. If this was such a sure bet, don't you think everybody would know about it? If oil is the secret, why isn't Venezula (which has massive oil reserves) exploding with growth. C'mon, use your head!
The dinar may well increase in value over the next few years and is a good bet for speculation. 'Speculation' being the operative word. . The bank/govt will not suddenly increase it's value by 300 – 400 – 500 in one smack like some people have been led to believe not without serious problems. Every Iraqi would be a millionaire overnight. :) Ask yourself this? If this was the deal it's being billed as... Why are these dealers selling? They would be hoarding instead.
"The Central Bank of Iraq has announced their plans to redenominate the Iraqi Dinar to ease cash transactions. By the end of 2010, they intend to drop three zeros from the nominal value of bank notes. It should be noted that the actual value of the dinar will remain unchanged. That means that 1,000 IQD (pre-redenomination) and 1 dinar (post-redenomination) will both be worth the same amount in US Dollars." XE.com
It further went into how Iraq is sitting on vast oil reserves and as soon as the new elections for the parliment take place and the government is in place and stability comes to pass, that the value will rise dramatically.
I have Iraqi Dinar and can tell you that I bought it with the idea that the Iraqi Dinar may never make me money. It is a slim, very, very slim chance that it will perform, but I knew the risks before hand.
If you could go back a few years, you would see that many of the sites dealing in Iraqi Dinar promised wealth within months and as you can see, not much has chanced with the money since then.
Near to me dealers also like you to believe that they go to great lengths to get the Iraqi Dinar, such as flying people to Iraq to collect the money, bringing it through customs and more; Again, don’t fall for it, chances are, it’s another big lie!
2003 fall of the administration and the deposition of its ruler Saddam Hussein, the Coalition Provisional Authority or the current transitional government has issued new Iraqi dinar.
The Iraq Central Bank’s adviser, clarified that any deducted ratio from the foreign statutory reserve directly and considering it as governmental revenue to the budget, means borrowing from the bank’s assets and clear violation to its independence.
The Iraqi currency is devalued as it currently is, they are going to play games with Kuwait, who refuses to release their interest in Iraq until they are repaid the billions they are owed in reparations.
If you have extra cash and believe in long shots, and I mean long, then go for it! Otherwise, take your money and invest it in something with better odds.
@barmonrock: The Old Iraqi Dinar is no longer legal currency. It is worth only what a collector will pay for it, which is even less than the New Iraqi Dinar.
With the world media depicting Iraq as a ship sinking in a sea of blood, and self-styled experts predicting civil war or disintegration, it is hard to imagine why anyone would want to abandon such all-time favorites as the U.S. dollar and the euro, not to mention the oil currencies of the region, in favor of the world’s newest money.
There are fake dinars out there and the General Secretary of Interior Ministry said that law enforcement officials have cracked a case where a group was printing fake dinar in Sofia.
I"m Iraqi citizen and when I left Iraq 1982 , I cashed $1000 Dinars for $ 3,322 American Dollars , Now you can get 1.25 million Dinars for a lousy $1000 American .
My opinion in this , Buy the Dinar I'm Living prove of this , This will be the best stock you will ever invest in , Oh by the way If you loose it Just think you went to Vegas and lost the money who cares ? , But if they get to be one Dinar for one American Dollar , I believe you will become a millionaire over night .
@cadeeands : i hope sooo, i bought 675000 iraqi dinars , my mom said think be 4 u buy them and she said.. this speculation, gamble n blablab . sorry my english not well
@cadeeands : i hope sooo, i bought 675000 iraqi dinars , my mom said think be 4 u buy them and she said.. this speculation, gamble n blablab . sorry my english not well ^_^^^
You can check the stats a number of ways, but in general, the top sites are selling 200 to 500 million Dinar per month at anywhere from $1,000 to $1,200 USD per million Dinar.
If you look, you’ll be unable to locate any official bank or foreign exchange office that is willing to exchange the Dinar, at least outside of Iraq itself.
The New Iraqi Dinar (IQD) was introduced in October 2003 by the Coalition Provisional Authority in close consultation with financial experts from Iraq and the international community.
Everyone is talking about the Dinar, people are investing in the new currency, but is it a hoax or is the Iraq's New Money really a way to get rich quick?
Do not hedge your entire retirement savings on the performance of a war torn country. It may be OK to have a modest amount of Dinars, just in case things turn around in Iraq, but most of your investments should be traditional financial instruments.
This has been flagged as spam show
The Dinar is not even exchanged on the world market. Its value remains at 1170 dinar per dollar. Good luck becoming wealthy at that rate. Are you going to Iraq to cash in on your fortune when the 25,000 dinar will RV at 1 dinar or if you are lucky 25 dinar. Go to your local bank and exchange for dollars and they will laugh in your face and you will be the fool of your neighborhood
cajuncowboy64 2 months ago
Bought my dinar when I fought in Iraq in '04. Or found it on a non moving person. Either way, if it ever goes one to one, or even half that, I'm good for life. I don't need these former desert rats to hook me up.
ohmyballshateyou 6 months ago
This has been flagged as spam show
It is highly likely that the dinar will revalue in the future, but to what extent no one can say with certainty and when. The problem we all face who has invested in the Dinar is if the CBI and government removes three zeros from the currency. If that happens then the millions we all hope for will turn into hundreds and thousands. Even though some will make some money, its no where on what we hoped for initially getting into this investment. not be a happy camper if it turns out like that
P4080 8 months ago
Buy Silver!
aybesee123 10 months ago
Obviously - guys in cheep suits trying to sell the ignorant on buying something as if worth 1000 fold more than it really is. Think of it - The Dinar is tied to the dollar. If the Dinar gained 1000 fold value to the dollar then the dollar would loose 1000 against the Dinar. Simple. Fact is every money/country in the world would have loose/drop 1000 fold against Iraq and the Dinar. Can you name one single Country willing to do this to their own money? You cant - your cheap car salesmen.
QuesoChino 10 months ago 2
Bull shit. The only way the dinar will pay out what you claim is if the Iraqi Government itself is willing to payout such earnings. They would looooose 1000 fold on the 50 Billion dollars they purchased. If such was true the Iraqi could sell every dinar to the market as such value today. A salesman scam for sure. Think of this - if the return was true why would you guys sell a single Dinar? You would be giving away billions. B.S>
QuesoChino 10 months ago
govt shills are posting the same comments on every site that sells the Dinar. i see you
premium718 1 year ago
You r right ,it is also helpfull as well as continuing to learn about Iraqi Dinar.
empirebuzz 1 year ago
I like the animation of the video.
goosyluke 1 year ago
Awesome it will help me also in investing iraqi dinar.
Leeparkable 1 year ago
It's better to be cautious than just plain stupid.
MrThomasvictory 1 year ago
It is a worthy goals today.
MegaBluewhite 1 year ago
WOW, I got the concept of iraqi dinar
MrLukeroy 1 year ago
This is also seemed to be an informative and helpful to us.Thanks.
MrWilliamhamlet 1 year ago
The laws and regulations that affect your investment. ...
ethanlaurrel 1 year ago
The Iraqi Dinar is quickly becoming the hottest investment item on the market today.
jamesjohn03 1 year ago
I read on internet that the IMF released a statement in relation to the international compact with Iraq, which has turned the tide in regards to speculation on the Iraq dinar.
fieldhannah 1 year ago
@TheDevinrichard: Allows US Citizens to invest in the new Iraq. Under this order and the Coalition Provisional Government Order 39, a US Citizen has the same rights to investments as an Iraqi citizen.
dainelsamantha 1 year ago
What is it that allows American citizens to invest in Iraq?
TheDevinrichard 1 year ago
@jamesjohn03: These are the major things to check.
1) Use black light to test for watermarks such as the horse head.
2) Use a special pen to detect fake bills with changing color - available from your local office supply store.
3) Hold the 25,000 and 10,000 Iraqi Dinar up to a light tilting it back and forth, the color changing ink will look much like a hologram.
MrDiegoadrian 1 year ago
which are the three of the easiest ways to verify the authenticity of the new Iraqi Dinar.
jamesjohn03 1 year ago
If you are into big risk, then obtain some, but know that it has not changed much since its inception.
josezacharyify 1 year ago
My advise to you all is say away from the Iraqi Dinar as an investment.
MrMianoah 1 year ago
If you could go back a few years, you would see that many of the sites dealing in Iraqi Dinar promised wealth within months and as you can see, not much has chanced with the money since then.
alexisanthony98 1 year ago
Step back, take a deep breath and know that the same pitch existed last year.
MrAlyssajustin 1 year ago
You will see charts and read material that will make you anxious to buy, perhaps even to the point that you may make a panic purchase but don’t let it influence you.
Laurendylanful 1 year ago
Comment removed
ericjaydenify 1 year ago
I think investing in the Iraqi Dinar, as with any type of currency trading, is a big risk! Yes, there is a possibility that it may make you a lot of money, but it is a very remote possibility!
ericjaydenify 1 year ago
Dealers also like you to believe that they go to great lengths to get the Iraqi Dinar, such as flying people to Iraq to collect the money, bringing it through customs and more; Again, don’t fall for it, chances are, it’s another big lie!
zachary1900ification 1 year ago
Dealers specializing in Iraq Money would like you to believe they have been cleared by the government (background checks, etc) – don’t fall for it!
noahelijah1 1 year ago
Some of these dealers even go as far as to explain that they are trusted by the government and supply you with a document to reinforce this illusion.
austinkevin13 1 year ago
Iraqi Dinar is very real, but the pitch many Dinar dealers try to send your way is far from reality and designed to get you buy from them.
aidan1943 1 year ago
The sales point of most online Iraqi Dinar hawkers is that it only takes a minimal upgrade of their economy to profit from an increased exchange value for their currency
isaiah1944 1 year ago
That’s about as realistic as thinking that the new Iraqi Dinar will amount to anything of value in the near future.
jasonjackson08 1 year ago
The Americans believe it’s time for other governments to belly up to the bar and make their own contributions to the cause.
dylanjohnable 1 year ago
I’ve noticed that a recent statement from the USA government has announced that they’ve hit the wall budgetarily in Iraq they’ve given enough financial aid to rebuild Iraq.
1benjaminrobert 1 year ago 5
Americans have destroyed the iraq they want oil but i think they have destroyed their own economy…i pray for the stable iraqi economy and for stable currency
TheIsaiah41 1 year ago
This is all tripe. I can't believe people fall for this nonsense. Iraq is a disaster and will be for a very long time. These companies they mention "have invested billions of dollars" alright, but not in these ridiculous dinars. If this was such a sure bet, don't you think everybody would know about it? If oil is the secret, why isn't Venezula (which has massive oil reserves) exploding with growth. C'mon, use your head!
whoward55 1 year ago
The new Iraqi Dinar represents is becoming a virtual cottage industry .
samuelowen1 1 year ago
The dinar may well increase in value over the next few years and is a good bet for speculation. 'Speculation' being the operative word. . The bank/govt will not suddenly increase it's value by 300 – 400 – 500 in one smack like some people have been led to believe not without serious problems. Every Iraqi would be a millionaire overnight. :) Ask yourself this? If this was the deal it's being billed as... Why are these dealers selling? They would be hoarding instead.
StraightAA 1 year ago
The economy of Iraq has nearly doubled in value.
ianlucas1925 1 year ago
Why the New Iraqi Dinar?
owenlucas73 1 year ago
The potential for a positive revalue of the New Iraqi Dinar is quite high.
TheChaseashton 1 year ago
The Iraqi Dinar is not traded in the world markets but you can still invest in this great opportunity.
sethdevinify 1 year ago
It has the symbol of IQD on world currency markets such as Forex.
jadencolinify 1 year ago
Before the war the Iraqi dinar was worth about one third of a U.S. dollar.
richardwyattify 1 year ago
Major multi-national oil companies are now returning to Iraq which promises to bring economic prosperity to the war torn country.
sebastianjesse 1 year ago
There are still many things that could go wrong, including inflation, which would drive the value of the Dinar down.
carteralejandro2009 1 year ago
Some daring investors who purchased bundles of Iraqi currency just after the interim government took control are reaping nice profits.
patrickblakeify 1 year ago
I hope the New Dinar stays the same.
Mindzorr 1 year ago
"The Central Bank of Iraq has announced their plans to redenominate the Iraqi Dinar to ease cash transactions. By the end of 2010, they intend to drop three zeros from the nominal value of bank notes. It should be noted that the actual value of the dinar will remain unchanged. That means that 1,000 IQD (pre-redenomination) and 1 dinar (post-redenomination) will both be worth the same amount in US Dollars." XE.com
COQUIDINARES 1 year ago
IRD is the most secured currency in the world from fraud.
katte420 1 year ago
Great fit for Iraq! With the support of other oil countries why would they not roll out the most expensive currency knowned to man?
zoedylan83 1 year ago
I have read somewhere that Oct 31 is the last day for the ISX to be online if the IQD is to be a recognised tradable currency.
masonaaron47 1 year ago
The Iraqi Dinar was worth £2.20 before the United Nations embargo that followed Iraq's 1990 invasion of Kuwait.
aaronjuan61 1 year ago
Each Dinar you purchase represents a share in Iraq's bright future.
juankyle 1 year ago
Some websites are offering New Iraqi Dinars for sale to the public.
charlesluisful 1 year ago
The dinar replaced the Indian rupee as the country's national currency, which is issued by the Central Bank of Iraq.
brianaiden1 1 year ago
The currency abbreviation or currency symbol for the Iraqi Dinar (IQD), the currency of Iraq.
stevenjeremiahful 1 year ago
The investors who saw this as an oppotunity to buy are very well off today.
Kylecharlesable 1 year ago
I understand what many critics are trying to warn iraqi dinar investors about.
luischarles92 1 year ago
Is anything good happening in Iraq?
brianaidenify 1 year ago
It further went into how Iraq is sitting on vast oil reserves and as soon as the new elections for the parliment take place and the government is in place and stability comes to pass, that the value will rise dramatically.
ericjaydenable 1 year ago
I caved once again, and bought 200,000 IQD on this past sunday, becuase thats all I currently can afford.
alexbryanful 1 year ago
I have Iraqi Dinar and can tell you that I bought it with the idea that the Iraqi Dinar may never make me money. It is a slim, very, very slim chance that it will perform, but I knew the risks before hand.
ryanelizabethify 1 year ago
If you could go back a few years, you would see that many of the sites dealing in Iraqi Dinar promised wealth within months and as you can see, not much has chanced with the money since then.
sophiabrandon 1 year ago
Investing in the Iraqi Dinar, as with any type of currency trading, is a big risk!
longpitch 1 year ago
Near to me dealers also like you to believe that they go to great lengths to get the Iraqi Dinar, such as flying people to Iraq to collect the money, bringing it through customs and more; Again, don’t fall for it, chances are, it’s another big lie!
lastball100 1 year ago
Dealers even go as far as to explain that they are trusted by the government and supply you with a document to reinforce this illusion.
unionguy100 1 year ago
The improvement and expansion are expected to be reflected in the underlying currency, creating instant profits for the dinar speculator.
robinbooks102 1 year ago
2003 fall of the administration and the deposition of its ruler Saddam Hussein, the Coalition Provisional Authority or the current transitional government has issued new Iraqi dinar.
darckblack101 1 year ago
The Iraqi dinar has changed hands from even the earliest days.
bluebookist 1 year ago
The dinar become so popular
shapespro 1 year ago
There are six different security features on the 25,000 Iraqi dinar note that one can check for authenticity.
TheCoraBear 1 year ago
There is not yet a set international exchange rate and so international banks do not yet exchange Iraqi dinar.
TheBubzieboo 1 year ago
The Iraq Central Bank’s adviser, clarified that any deducted ratio from the foreign statutory reserve directly and considering it as governmental revenue to the budget, means borrowing from the bank’s assets and clear violation to its independence.
TheBlushez 1 year ago
Demand for the dollar jumped in the Central Bank of Iraq (CBI)
SuperDrubzz 1 year ago
The dinar was introduced into circulation in 1932 is that true?
Arsonistful 1 year ago
The safety tips shown here should help you when selecting your dealer.
jamsonia 1 year ago
Buying Iraqi dinars is considered by many a great investment.
connor1968able 1 year ago
I would say that Iraq is back on his feet
MrEvanaidan 1 year ago
The lack of liquidity in this investment is one of the biggest risks you take when you invest in the dinar.
MsGavinful 1 year ago
However, can not guarantee that you will find where "charge" and sell their dinars.
aaronjuan100 1 year ago
the value of the dinar increased 25%.
kylecharlesification 1 year ago
During major combat operations, the Iraqi dinar declined to an all time low.
luisadam1 1 year ago
The Iraqi dinar traded at 3.35 per U.S. dollar, and prior to the war in Iraq, the Iraqi dinar traded at .33 U.S. Dollars.
brianaidenful 1 year ago
Iraq’s re-invigorated banking policies will positively effect the value of the dinar in the near future.
alexbryan86 1 year ago
Iraq’s growth-oriented policy, along with Iraq’s prospects of economic stability makes investing in the dinar potentially lucrative.
lucasnathaniel1 1 year ago
The design on the new Iraqi dinar was created by the Central Bank of Iraq, and is a mix of new values and historical images.
redbullsism 1 year ago
The new iraqi dinar have a lot of security features making them much tougher to counterfeit.
TheDanielabigail 1 year ago
The new Iraqi dinar has six available denominations.
TheDanielabigail 1 year ago
This video represents entirely my independent views on the Iraqi dinar topic, after more than 8 months of digging and drilling around it.
danielabigail1 1 year ago
I am not making any profit if you decide not to buy.
MultiAbigail7 1 year ago
I do not have a commercial interest. I am not selling Iraqi dinars, nor here and not anywhere else.
abigail9ification 1 year ago
It is obvious that you can’t immediately trust those who are selling them.
danielabigailable 1 year ago
If i decide the investment may be worthwhile, how much should I invest in the Iraqi dinars?
danieleyeable 1 year ago
Do the currency, economy and political environments of those two nations have enough similarity for this projected comparison to hold ground?
tigerpieify 1 year ago
Some people who had the foresight to buy this dinar when it was low found themselves sitting on a large pot of gold a couple months later.
Julian9482 1 year ago
Some compare it with the Kuwaiti dinar, who over a short timeframe of only a couple months appreciated considerably against the US dollar.
stillhates 1 year ago
The new Iraqi Dinar was replaced all "old" Dinar and "Swiss" Dinar banknotes, which as of January 15th 2004 were no longer legal tender.
Communicationish 1 year ago
Iraq doesn’t need to completely back up it’s currency, they will have “credit” with the world.
usekillerifyful 1 year ago
The Iraqi currency is devalued as it currently is, they are going to play games with Kuwait, who refuses to release their interest in Iraq until they are repaid the billions they are owed in reparations.
letterhits 1 year ago
The Dinar is millimeters away from being “off the restricted list”. This is AMAZING news!
loverkickify 1 year ago
The Iraqi political scene is witnessing a new consensus about the distribution of the sovereign posts in the country.
geeglebee 1 year ago
Resolving either of these major issues would be a huge breakthrough that could topple the wall blocking any movement on the value of the Dinar.
genderpop 1 year ago
Anyone who knows this information, please reply, i am a new comer in this, as I said before, I just started buying Dinars. Thank you.
avaliish 1 year ago
Please suggest something practicable to minimize risk element over the dinar investment.
reponsful 1 year ago
Awesome. Thank you.
checklinkable 1 year ago
Why is the Iraqi Dinar never discussed in national news. Especially now when there is doubt that they can finance their own defense?
MultiPatrickf 1 year ago
I participated in delivering new and extracting old dinars from all the banks in Iraq in 2003 as a contracted security officer.
hubby800 1 year ago
It all sounds great.I’ve been watching like a hawk every bit of news i can find about Iraq and the Dinar.
gagdonify 1 year ago
It is always a pleasure to hear from you because you bring excitement to the word DINAR!!!
dollarmanify 1 year ago
Thanks a lot, this is great. Go Dinars!!!
Genny130 1 year ago
wow, this is great news!! may be Iraqi dinar will RV soon, then i will be able to trade my Iraqi dinar paper money.
Developer89 1 year ago
Missing watermark on the counterfeit Dinar is the major fact to spot the fake Iraqi Dinar.
Develpee 1 year ago
Buying Iraqi Dinar online is hot these days and it’s getting even more popular as the value increase.
suscribify 1 year ago
Some experts say that this cost could reach up to $95 billion dollars.
MrAbigail43 1 year ago
The cost of the war is certainly adding to this burden and is currently hovering at approximately $20 billion dollars.
Gennyact 1 year ago
The US will we be able to exchange for the US dollar when the revalue happens?
shari862 1 year ago 2
I got 1 million Dinars back in 2006. I paid $650 for the million and now they are worth $855 that not to bad.
MrThiefeye 1 year ago
If you have extra cash and believe in long shots, and I mean long, then go for it! Otherwise, take your money and invest it in something with better odds.
arondidekify 1 year ago
To buy Iraqi Dinar or Not to buy Iraqi Dinar, that is the question.
heiferlipsify 1 year ago
People realize that it’s a gamble and are still willing to spend the cash now to strike gold later.
leoretroable 1 year ago
Many investors are speculating that the new Iraqi Dinar will double in the next 12 months.
metazareable 1 year ago
It is a pleasure to be here today and to have the opportunity to discuss the challenges and opportunities facing Iraq from a business perspective.
gettowolfful 1 year ago
The United States remains firmly committed to Iraq’s success.
MrBabylees 1 year ago
Business is about investing current resources in ways calculated to produce future returns.
brittanydylanable 1 year ago
Do not let yourself be scammed into buying Old Iraqi Dinars.
samandrew100 1 year ago
Any dinar with a picture of Saddam on it is an Old Iraqi Dinar.
alexjohnify 1 year ago
@barmonrock: The Old Iraqi Dinar is no longer legal currency. It is worth only what a collector will pay for it, which is even less than the New Iraqi Dinar.
hazardbose 1 year ago
Want to know difference between the Old Iraqi Dinar and the New Iraqi Dinar.
barmonrock 1 year ago
There are a few dealers who offer to buy back dinar that you have bought from them, but they will not want your dinars from elsewhere.
pamelaloius 1 year ago
Thanks to Iraqi government subsidies, petrol is 30 times cheaper in Iraq than in Iran.
MrTommycarol 1 year ago
Iraqi dinar is the dramatic increase in the volume and value of unofficial exports from Iraq to Iran.
empirebuzz 1 year ago
The sharp rise in the supply of dollars, a result of the dramatic increase in the price of oil.
goosyluke 1 year ago
With the world media depicting Iraq as a ship sinking in a sea of blood, and self-styled experts predicting civil war or disintegration, it is hard to imagine why anyone would want to abandon such all-time favorites as the U.S. dollar and the euro, not to mention the oil currencies of the region, in favor of the world’s newest money.
Leeparkable 1 year ago
These days the moneychangers’ sogoli is a surprise newcomer: the Iraqi dinar.
MrThomasvictory 1 year ago
this s safe?? imean for investing
delapanbelas011987 1 year ago
Most credit card agencies offer some form of action when dealing with refunds and fake money.
MegaBluewhite 1 year ago
The best way you can protect yourself from buy fake money is to purchase the Iraqi Dinar with a credit card.
MrLukeroy 1 year ago
The Iraqi Government is not sure just how many counterfeit dinars have been printed, but there are ways in which you can prevent being sold fakes.
MrWilliamhamlet 1 year ago
Buying Iraqi Dinar online is hot these days and it’s getting even more popular as the value increase.
ethanlaurrel 1 year ago
There are fake dinars out there and the General Secretary of Interior Ministry said that law enforcement officials have cracked a case where a group was printing fake dinar in Sofia.
fieldhannah 1 year ago
What you say does make good since but however you have to also consider that Iraq is the second largest producer of oil in the world.
dainelsamantha 1 year ago
I think they are dealing with postwar profits here and who really knows where this is going to go in the future.
MrEmilyhill 1 year ago
The hot subject of debate is if it is a good investment decision to invest in the new Iraqi Dinar.
MrMadisonbay 1 year ago
I"m Iraqi citizen and when I left Iraq 1982 , I cashed $1000 Dinars for $ 3,322 American Dollars , Now you can get 1.25 million Dinars for a lousy $1000 American .
My opinion in this , Buy the Dinar I'm Living prove of this , This will be the best stock you will ever invest in , Oh by the way If you loose it Just think you went to Vegas and lost the money who cares ? , But if they get to be one Dinar for one American Dollar , I believe you will become a millionaire over night .
cadeeands 1 year ago
@cadeeands I hve so :ibought 675000 iraqi dinars
delapanbelas011987 1 year ago
@cadeeands : i hope sooo, i bought 675000 iraqi dinars , my mom said think be 4 u buy them and she said.. this speculation, gamble n blablab . sorry my english not well
delapanbelas011987 1 year ago
This has been flagged as spam show
@cadeeands : i hope sooo, i bought 675000 iraqi dinars , my mom said think be 4 u buy them and she said.. this speculation, gamble n blablab . sorry my english not well ^_^^^
delapanbelas011987 1 year ago
Allows US Citizens to invest in the New Iraq
MrAvapeter 1 year ago
I hope I have given some light on the subject and it is of use to those who wish to invest into the dinar market.
MrChloerichard 1 year ago 3
Some sites claim less, but they hit you with shipping and other fees!
gateabigail 1 year ago
You can check the stats a number of ways, but in general, the top sites are selling 200 to 500 million Dinar per month at anywhere from $1,000 to $1,200 USD per million Dinar.
bellyisabella 1 year ago
How much does a website owner selling Iraqi Dinar’s make per month?
oliviaroyable 1 year ago
Think that these sites promoting the Iraqi Dinar as an investment actually believe the Dinar is going to increase 450,000%?
elizabethlord 1 year ago 3
If you look, you’ll be unable to locate any official bank or foreign exchange office that is willing to exchange the Dinar, at least outside of Iraq itself.
MrAnthonybruce 1 year ago
The old Saddam Dinar has no value whatsoever except what a collector might be willing to pay for it.
danieldavidable 1 year ago
Currently, it would take you almost 1500 Iraqi Dinars to buy one US dollar, a very poor exchange rate for the Iraqi Dinar.
SuperAndrewdavid 1 year ago
The New Iraqi Dinar (IQD) was introduced in October 2003 by the Coalition Provisional Authority in close consultation with financial experts from Iraq and the international community.
SuperJoshuadavid 1 year ago
The top sites selling Iraqi Dinars bring up the topic of the previous Iraqi Dinar Exchange Rate.
matthewjohnable 1 year ago
There are many countries similar to Iraq’s foreign exchange situation and the currency value is extremely weak.
josephpeterable 1 year ago
You can buy a million Iraqi Dinar for $700 and the dream that the Dinar will eventually be worth the same as a US dollar.
christophersmithify 1 year ago
Do a search for Iraqi Dinar and you’ll find sites that offer forums and discussions that talk about this great investment.
MultiMichaelsmith 1 year ago
Tons of people are calling the Iraqi Dinar an excellent investment and claim that it’s a sure way to get rich quick.
allenlambify 1 year ago 3
When you purchased the Iraqi Dinar, you, like everyone else, paid a premium of $40 ($30 markup, $10 shipping).
MrLeondavid 1 year ago
How to spot the fakes and explain what the dinar really costs should you decide to move forward.
paulcrazyify 1 year ago
Everyone is talking about the Dinar, people are investing in the new currency, but is it a hoax or is the Iraq's New Money really a way to get rich quick?
blackbarrycool 1 year ago
The exchange policy in advance, specifically mentioning whether or not you can exchange tattered bills that do not meet your standards.
allanborderify 1 year ago
Many banks will not take tattered or torn Iraqi Dinars, which can often be slipped inside stacks of money.
allanlamb19 1 year ago
Do not hedge your entire retirement savings on the performance of a war torn country. It may be OK to have a modest amount of Dinars, just in case things turn around in Iraq, but most of your investments should be traditional financial instruments.
2009thair 1 year ago
It is a good idea to invest in Iraqi Dinars with a modest investment approach.
lastshot19 1 year ago
It is easy to pay for the order by credit card, check, money order or eWallet, depending on what vendor you are completing the transaction with.
ffffaaa1000 1 year ago 2
buy Iraqi Dinars from online websites
bigball122 1 year ago