New Dinar coins and notes were issued in to replace old Saddam notes to create a single unified currency. Trends further down the line will depend on the current and future developments in the region. Don't hesitate to ask a question! Just in case it does go up. Iraq is also one of the worlds largest supplier of Natural gas. I've spent more in one weekend on hookers and nose candy! The intention would be to drop three zeros from the nominal value of bank notes; but the actual value of the dinar would remain unchanged.
The Iraqi Dinar is the currency of Iraq. Our currency rankings show that the most popular Iraq Dinar exchange rate is the USD to IQD rate. The currency code for Dinars is IQD, and the currency symbol is د.ع. Below, you'll find Iraqi Dinar rates and a currency converter.
Conversion from US-Dollar to Irak-Dinar
Nothing ventured, nothing gained. Here's to the waiting game! I am trying to find info on the Kuwait dinar, the price during the conflict,and the history of its exchange.
The info is hard to come by. Anyone out there who hs this info.? This could be a good indicator as to what to expect from the Iraqi dinar I just arrived to iraq and keep hearing people talk about this topic. I'm a gambling man and i believe good things will come out of this.
It's hard to go down from this price. Live life on the edge and go for it. I'm getting 2 or 3 million. Rolling the dice, my blood is already flowing. Just be patient and let the good times roll. With all the news I think this one has the most suport! This site never reply my question. This worse thing is I have paid some money for them via credit card to buy Iraq dinar and never get the it. Don't do the same mistakes.
Take a chance, I spend more than when Im in Vegas. Its not like I will be out big money if nothing ever happens. And well there is nothing but oil in that country so I take the chance, you could be able to make a little something IT'S going to pay up. Smart investing takes patience,some time it takes nerve.
From banks to governments to we the people are going to see a positive out come here. Check the central Bank of Iraq and the numbers dont jive form this site. Need to get on top of the game.. Does anyone know what is the total amount of dinars in circulation today as compared with pre-war levels? I have 6 million dinars and will purchase 4 million more for a total of 10 million. I feel it will be 5 to 7 years before it takes off. If you bought a lottery ticket and a lotto ticket twice a week and a quick pick lottery every day, are you better off?
It is a gamble, building a nation. We did it plus years ago and it was not overnight. I know that If I would have done this after we liberated Kuwait I would be rich today. An investment is a chance, if you buy iraqi dinar, you are taking a chance. Question is can you invest your money for that long and wait for your investment to pay off. I have over a million also No banks or exchange companies take them. Hey im new to this site and dont know really whats goin on here I've spent more in one weekend on hookers and nose candy!
However, if the exchange rate skyrockets then you are literally a Millionaire! Sure it's a long-term investment, 5 to 10 years maybe longer, big deal. Our government is the result of years of hard work and dedication all dawning from an idea that inspired several individuals long before the signing of our "Decloration of Independance" in over years ago. You would have to be a fool to think Iraq would be able establish the same result in only a few months or years. However, with the US playing a key role in that development it isn't unrealistic to believe that we could see that change in the not-so-distant future of Iraq.
Our US government is directly involved in helping Iraq establish a democarcy. There's absolutely only one reason why our country would have any interest in some shit hole country in the m. So say our dreams come true and the dinar is 1 to 1, how do we go about selling it back? Is our dinars recognized by the us treasury? If you don't have these 3 virtues, then stick to the craps tables. We are happy to share our huge experience in financial sector, forex, currency exchanges, cryptocurrency market.
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Your post successfully has been sent for review. You will receive confirmation email after it goes on public. It was then a case of world war where the European countries in question were on the winning side and got maximum support in the post-war aftermath.
The case of Iraq, by contrast, is more of a civil war, where there exists a possibility of the country being split into multiple fragments. Even if it stays as one nation, it will still take a good long time for the economy to recover. Similar to Iraqi dinar, similar rumors are reported for Vietnamese dong and, most recently, the Egyptian pound. No banks are offering Iraqi dinars.
If you have to buy Iraqi dinars, you can buy them only at select money exchangers, who may or may not be legally registered. How Iraq, its economy and hence the forex rate develop over the long term, is going to be a long term uncertain bet. Trading forex currencies is always risky, as external factors at international levels are difficult to control or predict. Unless you are trading on regulated markets or through regulated agents, traders and investors should use extreme caution for trading such currencies.
By Shobhit Seth Share. Is there the possibility of a scam in such an investment scheme? Financial scams usually have certain characteristics. A few tip-offs include: In the case of the Iraqi dinar investment scheme, there might be additional red flags: The basics of forex First, here's a very rudimentary explanation of what it means to invest in a currency.
Trends further down the line will depend on the current and future developments in the region. Now to the other side of the coin: Additionally, the following incorrect statements are heavily publicized by the propagators of Iraqi dinar Investment schemes: Doing so will lead to multiple problems for Iraq:
USD / IQD ECONOMIC CALENDAR
Free realtime forex chart for USDIQD (US Dollar / Iraqi Dinar) foreign exchange, including easily-selectable and configurable technical indicators for analysis of online forex trading. Live Iraqi Dinar (IQD) Exchange Rates Welcome to the Iraqi Dinar exchange rate & live currency converter page. The Iraqi Dinar (IQD) exchange rates represented on this page are live, updated every minute within the forex market's trading hours of Sunday through Friday GMT. The Iraqi Dinar is the currency in Iraq (IQ, IRQ). The exchange rate for the Iraqi Dinar was last updated on September 5, from Yahoo Finance. The IQD conversion factor has 5 significant digits.