Archive for August 20, 2013

    Dinar Currency Exchange Rates

    Written by admin. Posted in Investing in foreign currency, Iraqi dinar rv

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    The Iraqi Dinar was first issued in 2003. Instead of becoming the new currency as it was anticipated, it has fallen to exotic status. The Iraqi dinar fell to exotic status because Iraq have very few exports besides oil, and oil is sold in United States currency, dollars. This means that there is very little demand for dinars. However, hope has not been lost that one day or year the demand for Iraqi dinars will grow and then when the time comes, the value of the Iraqi Dinar will have sky rocketed.

    The Iraqi Dinar has been made in several denomination which come in different color schemes. Until 2002, the 250 dinar note was the highest denomination printed. Iraqi dinar investments are available in several different co