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To Buy Dinar or Not? That Is the Question!

Posted by Free Online Encyclopedia Posted on August 13, 2013
5

Buying dinar

To buy Iraqi dinar or to not buy Iraqi dinar is completely up to you. A decision like this has many answers, but the only true way of deciding if you want to do it or not, or if it is even a good idea depends on time, when to do it, and when not to do it.

To buy dinar depends on if you will make money or not. But right now, it is said to be not the right time to sell back the dinar, because it is not worth as much as it potentially could be, but might be in time, so nowadays may be a good time invest. The dinar was once pegged at par with the British pound, until about 1959. But by 1991, 50 and 100 dinars were introduced, and then once banknotes were issued between 1990 and October 2003, along with a 25 dinar not issued in 1986, this gave investors more options.

Despite the epic collapse in value of the iraqi dinar, the highest denomination printed until 2002 was 250 dinars. But today, the U.S. But today, the dinar is said to be on the rise, and it is cucrently vaulued, as of 2012, roughly at about 12000 dinars to ever U.S. dollar.

Read more here.

Categories: Dinar trading, Iraqi dinar investment, Iraqi dinar rv

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5 Comments

  1. Karl Simmons November 14, 2013 at 7:31 pm

    Why would u ever invest anything in that country! Forget it, just stick with trading here in America. look into some local stocks or something, currency trading is risky, especially with another country like that!

  2. Renee Boyd March 11, 2014 at 5:22 pm

    Dude, do you even know what you’re talking about? risky? what does that even mean? of course its risky, its trading, its like anything to do with trading, it involves taking a risk. ur talking freekin stupid bro

  3. Wesley Cox April 10, 2014 at 7:49 pm

    Dude, do you even know what you’re talking about? risky? what does that even mean? of course its risky, its trading, its like anything to do with trading, it involves taking a risk. ur talking freekin stupid bro

  4. Ryan Meyer June 10, 2014 at 2:45 pm

    Dude, do you even know what you’re talking about? risky? what does that even mean? of course its risky, its trading, its like anything to do with trading, it involves taking a risk. ur talking freekin stupid bro

  5. Curis Hamilton July 10, 2014 at 2:46 pm

    Dude, do you even know what you’re talking about? risky? what does that even mean? of course its risky, its trading, its like anything to do with trading, it involves taking a risk. ur talking freekin stupid bro

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