To Buy Dinar or Not? That Is the Question!
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.