It will never RI....It will however RV at .000937 to start then slowely rise from there. By the year 2026 it should be worth about .09 to the US dollar. Simply stating the facts...signed : MyFriend
Iraqi dinar
Iraqi Dinar (IQD)
The Iraqi dinar is the currency of Iraq and Baghdad. To find exchange rates, see the below link.
An Iraqi Dinar investor knows that the Iraqi dinar value was around $3.20 USD before the country's sanctions and war. Dinar Currency, a company registered with the US Department of Treasury to sell Iraqi Dinar, explains the window that the currency offers to an investor. I hope it will be helping others.
No one knows, not even those in Iraq yet. lol With so many delays in forming government, with each delay the oil prices are going up, and as with a week ago, the dollar was dropping, and now artificially raised by fed announcement they were printing 70 billion more funny money, so day to day markets will end up impacting the value of the dinar when it finally does revalue. My personal opinion is it will be on par with dollar, so given the value of dollar finally went back to 80, expect the dinar to be close to a dinar to dollar level, not must more at this point, but do not cash in all your dinar for this is just the initial revalue to test market reaction as I see it. Simply put, hold onto your dinar and only cash what you need to get out of debt or pay for what you need and cannot wait for, such as better car or whatever depending on how much you are holding. As I see it, this first revalue will flush out all those who have been holding dinar for years, so don't cash all your dinar in or you will regret it. It is no secret Iraqi officials have always said they wanted to restore dinar to former levels, and that means it will rise to $3.22 range, so keep that in mind for the dollar is about to collapse under the weight of unheard of debt, and with China no longer investing in our worthless treasure bonds, the end of the road is in sight, so hold any currency other than dollars. Loonies would be my best advice if you feel you must cash out, but remember, you heard it hear, hold your dinars.
dinar to usd? or what? 1 iraqi dinar=1 iraqi dinar
Yes, probably at $3:00 - $10:00. Meet somewhere in the middle?!
Will Iraq money value will be high on 2011 like Kuwait value...
I think not possible the value of Iraqi dinar is increase because government of Iraq not interested it .
Jan 13 2011
When will iraq dinar rv
When will Iraq dinar rv
The trading value of the new Iraqi Dinar is expected to improve in the future. With the value of the Iraqi dinar increasing, it just goes to show that Iraq's economy is slowly recovering. Dinar Currency is a company that provided everything needed to successfully purchase, sell and exchange Iraqi Dinar.
IF Iraq was to reinstate their currency it would be around $3.00USD to $1.00 IQD.
The reinstatement of value to the Iraqi dinar depends on various factors, including economic stability, government policies, and international relations. While the Iraqi government has made efforts to strengthen the economy and combat inflation, challenges such as corruption, security issues, and reliance on oil revenues remain significant obstacles. Economic reforms and investment in infrastructure could potentially enhance the dinar's value in the future, but a definitive outcome is uncertain. Overall, the situation requires ongoing monitoring and analysis.
No the Dinar is backed by gold repository
It is said that Iraq will be out of dinar RV as of July 27, 2013. This being said, the dinar RV is to begin within the first week of July. The banks in Iraq are processing everything.