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<title><![CDATA[How To Buy Dinar - Iraqi Dinar Free Reviews And Information]]></title>
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<description><![CDATA[Let How to Buy Dinar's free reviews and information be your safe guide to knowing who to go to for your New Iraqi Dinar purchases. An informational site with all the news articles and information you need to keep up to date with the New Iraqi Dinar.]]></description>
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<title><![CDATA[Learn the Insider Secrets That Will Help You Purchase Safe Dinar]]></title>
<link><![CDATA[http://www.howtobuydinar.org/Safe-Dinar.html]]></link><description><![CDATA[Read This If You Are Interested in Buying Safe Dinar

The Iraqi Dinar is one of the newer players on the currency trading market, and yes, there is quite a bit of strife going on in Iraq.  If you are interested in Purchasing Safe Dinar it means taking the chance that the country will eventually stabilize and its currency will increase in value along with it.  But it's a given that the world of currency investments is not without its risks, and there is no reward without risks. There are quite a few inherent risks that go with purchasing Iraqi Dinars, many of the traders out there are unscrupulous and may leave the customer holding the bag with counterfeit bills.  

Some "traders" will have many different websites that lead back to the same person who's perpetrating a scam.  In the news recently a large counterfeiting ring in Bulgaria was caught making fake Dinars was uncovered not too long ago.  What this means for the purchaser is that as the amount of Dinars on the market rises, so does the circulation of the fakes so it's very important to be sure that you're buying Safe Dinar.
 
For the most part, an honest currency trader will put all of their information out to be seen and double checked.  Safe Dinar, for example, lays everything out on their website. To begin with, they are a registered money service business or MSB for short, and they have link to a copy of their certificate from Fincen available online. They do not make false claims to use the De La Rue verification method on their bills as many now believe there is no verification available. There are ways for someone purchasing Dinars to be sure that they're getting secure and scam free bills, but one of the most important ways to avoid being taken is to use a credit card for the purchase.  The reason being is that there's a grace period with which the buyer may request the credit card company to refuse payment, otherwise known as a charge back.
  
You can also make sure to have some tools handy upon receiving your order which can drastically reduce the chances that you are going to be taken in a transaction. We recommend only buying bills that you are familiar with their counterfeiting security measures, we buy only 25,000 Iraqi Dinar bills because we know the counterfeit measures like the back of our hands. If you are buying this denomination make sure you have a black light on hand to check for a hidden watermark that is only visible under a black light, counterfeit bills for the most part will not be able to replicate this feat on Iraqi Dinar. Also, tilt the bill back and forth in the light, a real bill will have a rippling, almost 3-D effect as the angle of the light changes. An educated purchaser of currency can obtain safe Dinars by following these few simple methods to ensure authenticity, if any of the bills are in question for any reason, make sure you request replacements immediately, if this investment does take off, you don't want to be stuck with fake bills.
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<pubDate><![CDATA[Wed, 16 Jun 2010 19:15:56 CDT]]></pubDate>
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<title><![CDATA[Get All the Information You Need to Safely Make a Dinar Trade at a Fraction of the Cost of Other People]]></title>
<link><![CDATA[http://www.howtobuydinar.org/Dinar-Trade.html]]></link><description><![CDATA[Is A Dinar Trade A Sure Thing or A Risky Proposition? 

There is one investment that is being touted as the investment of a lifetime and it is the Dinar trade. The Iraqi Dinar is said to have once been at an exchange rate of three to one to the US dollar. What this is supposed to mean is that for every three American dollar a person had, they could get one Dinar.

Now, when you visit websites that offer Dinar speculation, they will tell you the same thing. There is a catch, however, and that is the fact that the Dinar was never publicly traded via Forex so this isn't actually true, this was Saddam Hussein's declaration of the value of the trade, not a world established number.  

Does this mean that a Dinar trade is a scam? No, not necessarily, what this means is that the expectation that you are going to make millions of dollars by purchasing Dinars over the next few years may be less of a reality than you would like. The real problem is that you still cannot purchase Dinars via Forex, which is the world's trading market for foreign currency, so you have to purchase Dinars from private websites. What's more, Iraq is the only place that you can trade your Dinars back into your original currency, at this time. There are those who argue that there are banks who will do foreign money exchanges, but the exchange rate at this time is about 1500 to one US dollar. That's right, a single US dollar will now buy you 1500 Dinars. 

What's happening right now is that private companies are selling Dinars to investors under the premise that in its prime the Dinar was valued at one to three and that eventually it will get to that point again. Unfortunately, this was never the case in foreign currency trading, even now, the Dinar is not available for trade on the open market.  However, that doesn't mean this will always be the case, as Iraq stabilizes, there is a strong possibility that the Iraq Dinar will become a publicly traded currency. At that point, everyone who has made a Dinar trade may see some profit, there are just no guarantees as to when. As with all currency trades, there is also no guarantee that you will make a profit off of that trade. A Dinar trade may or may not be the investment you are looking for depending on how patient you are and how much risk you are willing to take.]]></description>
<pubDate><![CDATA[Wed, 16 Jun 2010 19:05:00 CDT]]></pubDate>
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<title><![CDATA[Iraqi Dinar Investment - Get the Latest News and Information on How To Score Big Profits For You and Your Family]]></title>
<link><![CDATA[http://www.howtobuydinar.org/Iraqi-Dinar-Investment.html]]></link><description><![CDATA[Iraqi Dinar Investment Benefits Versus the Risk of Holding Them

As the United States is now moving troops out of Iraq, investors are speculating and considering putting serious money in an Iraqi Dinar Investment.  As much money, blood, and sweat as the US has put into Iraqi, many believe such an investment cannot fail and that they are almost guaranteed a huge profit. Others believe the country will fall in to chaos and spin into a civil war once the United States leaves causing the Dinar to be absolutely worthless, and these individuals believe investing in the Iraqi Dinar to be useless and a waste of money.
  
Right now, if you are considering an Iraqi Dinar Investment, one hundred US dollars will allow you to purchase 120,000 Iraqi Dinars. Currency traders are considering this to be a most tempting proposition, because $100 can purchase so many dinars, any considerable movement by the currency can mean a serious profit. Many point to the fact that stability in Iraq is becoming more apparent, as the oil exports are increasing and oil production improves, this could be a very good sign that the Iraq money will take hold internationally.

A case to reference when talking about how tempting such an investment could be is to look at Iraq's neighbor, Kuwait. Since the Gulf War, the Kuwaiti Dinar has appreciated over 3000 percent when compared to the US dollar. Kuwait, rich in oil and helped by the US presence, rebounded after the 1990 invasion of Iraq. Iraq with similar circumstances could possibly do the same thing in the near future. The country also has international help and guidance, with many forgiving debt owed by the previous regime under Saddam Hussein. With this international help and the vast resources the United States has committed, many believe it strengthens the economy and hope for the future.
  
The new currency was introduced in 2003, after the fall of Saddam Hussein's regime, and it has been appreciating ever since. Since then, the Iraqi economy has grown, violence is down, and investors are moving in and new businesses are opening up. With all this going in the right direction, not to mention the fact now that Iraq is now democratic with elected officials, this type of investment can become a very viable one. Any investor should keep in mind that the possibilities can range from a huge profit to losing a couple of hundred bucks on speculative currency bets like this one. Most investors and traders are looking at the upside to this kind of investing and saying the trade off is well worth the risk of betting on a shaky economy when the country itself has such rich and powerful natural resources.  ]]></description>
<pubDate><![CDATA[Wed, 16 Jun 2010 18:52:48 CDT]]></pubDate>
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<title><![CDATA[Iraqi Dinar News - Where to Find the Latest and Greatest News About The Currency]]></title>
<link><![CDATA[http://www.howtobuydinar.org/Iraqi-Dinar-News.html]]></link><description><![CDATA[Looking for information about who to believe and who to trust with iraqi dinar news?

Finding Iraqi Dinar News on the Rebuilding of the Iraq Economy

If you are looking for Iraqi Dinar news then whatever information you find should be thoroughly researched, financial news of any kind about this currency can be misleading, because the purpose is generally to make you believe that you will get tremendous ROI.  There are many sites out there that are promising investors that their money will multiply by more than tenfold in just a short amount of time, but that is all based on the previous value of the Iraqi Dinar from the Saddam Hussein era.

The facts are that prior to the UN embargo that was imposed when Iraq invaded Kuwait in the 1990's, 1 Iraqi Dinar was equal to $US 3.82, and at it's worst just recently the ratio was 4000 Iraqi Dinars to $US 1. Currently the ratio is 1169 Iraqi Dinars to $US 1, which has led to speculation that the Dinar will continue to rise in value and that if you invest now can multiply your investment by more than ten times in a short period of time.

Unfortunately, for the many people hoping to make some money from this kind of speculation, Iraq is far from stable.   Most Iraqi Dinar news is focused on the fact that Iraq is currently undergoing a massive rebuilding effort and expects well over $200 billion in investment over the next few years. With the oil industry focused on the success of the development of Iraq, there are plenty of people that have nothing but positive outlooks when it comes to the value of the Iraqi Dinar. While it is quite possible that most of the positive Iraqi Dinar news is very true, that does not mean that investing in the Dinar is without risk. There are a lot of fees charged for buying this currency and there is nothing to guarantee that the value will continue to rise or that it won't collapse.  

Two rules that are often quoted in investing are buy crisis and buy export boom, and you will find that some believe that there is a perfect storm for investment in Iraq right now due to these rules and that the returns will be tremendous in the short term. There may be some truth to that theory, but you should still fully research any information that you come across. Many people like to read blogs and other sources of information from people who are actually in Iraq, rather than focusing on the news wire services. It is not that the news wires are not a good source of information, the problem with news wires and the main stream media is they all seem to syndicate the same information. If you look a little deeper at eye witness accounts and other non-traditional forms of information you may be pleasantly surprised by what you can learn.]]></description>
<pubDate><![CDATA[Wed, 16 Jun 2010 18:46:00 CDT]]></pubDate>
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<title><![CDATA[Buy Iraqi Money - Everything You Need To Know About Buying Iraqi Money As An Investment Or A Hedge Against Inflation.]]></title>
<link><![CDATA[http://www.howtobuydinar.org/Buy-Iraqi-Money.html]]></link><description><![CDATA[Buy Iraqi Money - Everything You Need To Know About Buying Iraqi Money As An Investment Or A Hedge Against Inflation.

It can be quite scary at first to take the plunge to Buy Iraqi Money. Most of the time you have to trust whoever you are buying from to actually send you the currency.

Then of course, you have to make sure that it is authentic and the real Iraqi Dinar you are buying.

We have an Iraqi Dinar Buying Guide up on another part of our site to help with that.

I was always relieved when I bought some iraqi currency and it actually showed up, I was also relieved when I checked over all the counter measures and was sure it was the real thing.

Trusted Places To Purchase Iraqi Money
Below are the top rated websites as of: 
  
http://www.howtobuydinar.org/Buy-Iraqi-Money.html  

If you read over the other parts of this site like Iraqi Dinar Value or Iraqi Dinar, I hope I have painted a picture of what can go right. 
  
I hope I have created a picture for you of what the possibilites are in this situation. I cannot stress enough that I am not telling you to do this, I am not even suggesting that you do it. However, I think you should do a lot of research and see what the possibilities are for you with this opportunity right now so you can make an educated decision. 
  
How Bad Can It Be?
 

There are a million things that could go wrong with the scenarios I flushed out for you above. Some say Iraq is on the brink of civil war, and there are reports of violence and bloodshed constantly in the news. Millions of Iraqi refuges have left the country, and there is enough bad news for me to fill up several reports.  

 

That is why I cannot stress to you enough the importance of only using this opportunity in a way that makes sense to you that does not involve taking out a second mortgage on your house or any other money you cannot afford to lose.  

 

The absolute worst case scenario in my opinion, is that they revoke the currency and replace it with another one, so you would have to trade in your New Iraqi Dinar for the new currency, probably for way less than then you bought it for.  

 

However, I think this is the most unlikeliest scenario of all. The new money is printed with historical Iraqi figures and is neutral enough to be used by any government that comes to power. The currency itself has some of the highest quality and safeguards of currency being printed today. Also it would cost the new regime billions of dollars to change currencies at this point in time. Why would a government spend money it does not have on a new currency when American tax payers have already foot the bill for the best currency you could possibly buy? 

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<pubDate><![CDATA[Mon, 30 Nov 2009 00:57:04 CST]]></pubDate>
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<title><![CDATA[How To Buy Dinar: The Best Way To Avoid Being Scammed By Finding Reviews On Buying Iraqi Dinar, Before You Make Your Decision.]]></title>
<link><![CDATA[http://www.howtobuydinar.org/]]></link><description><![CDATA[How To Buy Dinar: The Best Way To Avoid Being Scammed By Finding Reviews On Buying Iraqi Dinar, Before You Make Your Decision.
 

So you have done all the research, and you know Iraqi Dinar could be the chance you have been hoping for in your quest for creating massive wealth in a short period of time.

So now what?

Let How To Buy Dinar be your guide to knowing who to go to for your Iraqi Dinar purchases. Use this site as a resource by reading the blog and checking back for all the news articles and Iraqi Dinar value information you need to keep up to date with the Iraqi Dinar exchange rate for the currency.

Each of the below brokers have been vetted and vouched for by people buying Iraqi Dinar who know what to look for and who to trust. It can be quite a leap of faith to trust someone you have never met with your hard earned money. Use one of the dealers below and know that many people have recommended doing business with them, or they wouldn't be on this page.

We are constantly looking for feedback and information on dealers, so make sure you stop back often to see if any of the reviews or rankings have changed.

Top Rated Places To Purchase Iraqi Dinar
Below are the top rated websites as of:   
  
http://www.howtobuydinar.org/ 

We obviously recommend you use How to Buy Dinar for all your news and information on buying Iraqi Dinar. If you don't want to however, here are five general buying tips to keep in mind so that you are not scammed or ripped off. 
  
Tip 1:  
  
Do some research on where you can purchase some high quality New Iraqi Dinar. Make sure it is New Iraqi Dinar, not the old Saddam Hussein era notes. There are a great number of sites out there that want to sell you these notes, but be careful. There are some rules and regulations you will want to follow too, and you need to make sure that you are dealing with an honest and authentic dealer.  
Currency that is in high demand like the New Iraqi Dinar is the perfect vehicle for counterfeiters and scam artists to print off their laser printers at home and sell to an unsuspecting public. That is why it is crucial you read everything you can to take steps that can help guide you to buying from the right people. There is a buying guide in one of the links at the top and bottom of this site that will be invaluable in protecting yourself. The last thing you want to do is buy your New Iraqi Dinar, sit on it for a few years and find out when you go to turn it in for your millions that it is counterfeit and the scoundrel who sold it to you has left the country.

Tip 2:

After you have made a decision to purchase the New Iraqi Dinar and you have found someone you think you can trust my advice is that you trust them, but check and double check the New Iraqi Dinar, very, very carefully. Make sure to ask the online dealer if they offer a guarantee of authenticity and if they verify the currency through a De La Rue note counter.

Every New Iraqi Dinar should be run through a De-La-Rue currency counter with counterfeit detection capabilities. There are other currency machines that can detect counterfeits for New Iraqi Dinar, but from what I hear the De La Rue machine is the most effective one. Incidentally, it is made by the same company that printed the currency. Some dealers will tell you De-La-Rue does not make a machine yet that can verify New Iraqi Dinar, my guess is that they don’t want to spend the money for the machine and you should probably avoid them.

Tip 3: 

After you have decided on a dealer I suggest you use a dealer where you can pay with a credit card. That way if something goes wrong with your shipment you can dispute the charge with whatever credit card company you are making the purchase with. It doesn’t guarantee that you will always be safe in your purchase, but having a credit card company on your side can really help if things get contentious.

Tip 4:

Check the Blogosphere for news and information. In this day and age there are all kinds of places to find information on any subject including Iraqi currency. I have included the RSS feed for one of my favorite blogs below and there are some links on the left hand side under the opt-in for the newsletter that can get you started. The site iraqidinar.name in particular has a ton of useful information.

Tip 5:

Before you make any investment whether it is currency or a silent partner in a restaurant down the street do your due diligence. The book below is a fantastic beginners guide to understanding and getting started in trading currencies. Every little bit helps.

From Amazon.com

Getting Started in Currency Trading: Winning in Today's Hottest Marketplace by Michael Duane Archer

Product Description:

While the Foreign Exchange (FOREX) market can be a very profitable place, you must have a firm understanding of how to operate within this environment if you intend on achieving any success. That's why you need Getting Started in Currency Trading, Second Edition. This reliable resource-written for both newcomers and those with some FOREX experience-puts trading world currencies in perspective, and shows you exactly what it takes to make it in this field. Topics include:

"As a novice trader of currencies, Mr. Archer's book has been an invaluable resource for me, as my dog-eared and dilapidated copy can surely attest. Concise yet comprehensive, he provides the framework for developing a trading strategy that new traders can easily follow and veterans can surely benefit from. For anyone involved in trading FOREX, I cannot recommend this book enough as mandatory reading."—Jeff Marsick, Research Analyst, Avatar Associates

"This book by Michael Duane Archer evaluates with remarkable profundity and extent the world of currency trading. The author's experience is enormous and dates back to the beginning of foreign exchange trading as we know it today. A brilliant reference companion and a must for any currency trader's library."—Peter Panholzer, DynexCorp

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<pubDate><![CDATA[Fri, 27 Nov 2009 12:54:17 CST]]></pubDate>
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<title><![CDATA[Iraqi Dinar - The Greatest Investment Opportunity of All Time, Or Fools Gold? Time to Find Out...]]></title>
<link><![CDATA[http://www.howtobuydinar.org/Iraqi-Dinar.html]]></link><description><![CDATA[Iraqi Dinar - The Greatest Investment Opportunity of All Time, Or Fools Gold? Time to Find Out...

The Jury is still out. So what is all the controversy about surrounding Iraqi Dinar? I will explain some of the history and reasons for investing in Iraqi Dinar here, if you are looking for the best places for buying Iraqi Dinar I have posted a buying guide and review page. Why are people simultaneously ecstatic about it, while others are so skeptical? Well it helps to know a little history about events in the past. During times of political unrest and upheaval money loses all value. It happens every time there is an armed conflict. The currency is not as valuable as goods needed for survival in a war zone and it tends to lose a lot of its value.

So people who promote the Iraqi Dinar as an investment always site the following argument regarding the first Iraqi conflict in the middle east with U.S forces regarding the Kuwaiti Dinar. So what happened during the first Gulf War and Why is it relevant today?

Hostilities commenced in January 1991, resulting in a decisive victory for the coalition forces, which drove Iraqi forces out of Kuwait with minimal coalition deaths.

The important point in all of this is that just before the Iraq invasion of Kuwait the United States dollar ("$") was trading at $3.55 for every Kuwaiti Dinar. So for every Kuwaiti Dinar that you owned you could get $3.55 back on the Kuwaiti Dinar exchange rate. Well, a strange thing happens to a nations currency when it is in the middle of a war zone.  

The money loses all value.

You could get Kuwaiti Dinar for roughly 5 cents to a dime during Operation Dessert Storm.

A year and a half later, that Kuwaiti Dinar you bought for a nickel could be traded in for over $3.00.

So for roughly every $1,000.00 investment of Kuwaiti Dinar at 5 cents per Dinar your return would have been around $60,000.

So $1000 becomes $60,000.

$10,000 becomes $600,000, and so on and so on...

How about I put it another way, let’s say you can buy shares in an oil company. Lets say this oil company has the 3rd largest oil reserve in the world.

And you can buy the shares for 5 cents each.

How many shares would you buy?


If you bought steadily through Desert Storm and traded in your Kuwaiti Dinar after the price of the currency stabilized you could have made a huge return on your currency. In little more than a year or two there were people who went from rags to riches nearly overnight.

So what does this mean for you?

I am by nature a very conservative person, especially when it comes to money, so when my friend told me about this amazing opportunity, I looked at it from every angle. And of course, I did my best to shoot holes in it, at least once a week for months I would call my buddy and start to interrogate him.

He always said the same thing when I asked him questions, "…I am not trying to sell you anything. I told you because I wanted you to be able to look into it for yourself. I am not telling you to do this, I am not even suggesting that you do it. You make up your own mind. But whatever happens, don’t ever tell me that you didn’t know about it…"

You see, like most things in life you have to make a decision on whether this is something that is the right thing for you, and like a good friend I am going to give you all the facts. I am not telling you to do this, I am not even suggesting that you should. We have already seen how the average person could have become a millionaire after Desert Storm…

…all you need to do in these situations is to purchase the devalued currency of these countries at its rock bottom prices and then when the country regains its economic stability, simply cash in the currency and become an instant millionaire.

There are some very interesting economic possibilities in post-war countries. Postwar economies are generally extremely robust, especially if they are rich in natural resources. Just look at the spectacular rise of the Dow after World War II, or the nearly 2,000-point jump in the Dow in the six months immediately following 9/11. Soon after a war ends, or any other kind of political turmoil ceases, economies have to rebuild. This means that the government spends money on infrastructure, thereby creating jobs.

Pent up consumer demand is also released soon after a war. And in developing parts of the world, economic aid flows into newly peaceful countries. This results in new business opportunities while prices are still low.

So what does that mean for you and me?

It could be the buying opportunity of a life time to buy Iraqi Dinar.

When I first bought Iraqi Dinar I was able to get 1,733 Iraqi Dinar for every $1 I spent. According to oanda.com 1 US Dollar = 1,190.76 Iraqi Dinar. So there has already been an exponential increase since I first bought it.

Its not the same war as the first gulf war, so I didn't become a millionaire overnight, but who knows. I have bought enough to see if it still will. I am not suggesting you buy this stuff with your mortgage money. Be smart. It is pure speculation and gambling on a host of events, politics, and economies all going our way. If you have some money you think you might want to risk on it, I would rather buy this than give my money to Las Vegas or a casino. That's for sure.

So what's the plan of attack to buy Iraqi Dinar?


Iraqi Dinar Buying Tips:

Step 1.) You buy the deflated currency: instead of trekking into a war torn country, in today’s world this takes about an hour sitting at home in your underwear with the internet. I have a page posted with advice and how to buy dinar reviews for just this purpose. 

Step 2.) You put the currency in a safety deposit box or some other safe place, some people store them electronically in Iraqi Banks now a days.

Step 3.) You wait for the currency to appreciate in value.

Step 4.) When you are comfortable with the appreciation in the currency value you take it to a bank that specializes in trading that currency and exchange it for dollars.

It really is that simple.

So what is the opportunity now?

When I am imparting information on someone I like to give them the good, the bad, and the ugly. That way they have all the information in hand to make a sound and rational decision. One thing I have noticed about people is that they tend to accentuate the positive in a situation, or leave out the negative, or they give you so much negative information you get too scared to pull the trigger on what can be the deal of a lifetime.

Weigh your options and evaluate whether this is something for you. You are the only one that can do that.

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<pubDate><![CDATA[Fri, 27 Nov 2009 12:52:11 CST]]></pubDate>
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<title><![CDATA[Iraqi Dinar Exchange Rate - Make Sure You Come Armed With All the Facts And Figures When It Comes to Buying Iraqi Dinar.]]></title>
<link><![CDATA[http://www.howtobuydinar.org/Iraqi-Dinar-Exchange-Rate.html]]></link><description><![CDATA[Iraqi Dinar Exchange Rate - Make Sure You Come Armed With All the Facts And Figures When It Comes to Buying Iraqi Dinar.

It can be difficult to keep tabs on the Iraqi Dinar Exchange Rate after you purchase your Iraqi Dinar ("IQD"). Very few websites will give you a straight forward rate of exchange and historical data for you to track the gains, losses, and trends of the iraqi currency.

One thing to keep in mind is that the Iraqi Dinar Exchange Rate changes on a daily basis and can actually fluctuate many times during the same day.

 

 

History of the Iraqi Dinar Exchange Rate Since the 1st Gulf War 
In the early 1980s one Iraq Dinar was equal to $3.55 US Dollars (USD). At the conclusion of the Gulf War and after economic sanctions imposed by the international community the Iraqi Dinar had plummeted to roughly $.35USD for every Iraqi Dinar bought. It wasn't until Operation Iraqi Freedom and the creation of a new currency by De La Rue that the Iraqi Dinar fell to the levels it is worth today.

So, what will the Dinar be worth in the next five to ten years? Some economists are estimating that the Iraqi Dinars will stabilize at some point to somewhere between $.01USD and $1.25 USD. This can only be considered speculation at this point because it currently depends on geopolitical forces and how well and quickly the economy can right itself in Iraq. Already the currency has increased 25% as the violence has decreased and the economy has begun to stabilize.

Some people believe there is a huge growth potential of the Iraqi dinar once Iraq recovers and begins to enjoy the potential revenue of a country rich in oil and other natural resources.


Either way it is important to keep in mind the exchange rate of the currency so that you can turn it in and reap the rewards of your patience and labors.

Another piece of information to keep in mind at this point with Iraqi currency is that it is still not as widely accepted as other currencies and may be more difficult to exchange at this point in time.

Even though many Iraqi governments have promised to improve the Iraqi Dinar Exchange Rate so far tracking the auctions of the Central Bank has only seen slow gradual rises.  This is not a bad thing, the currency is rising in value, and during the hard economic times the rest of the world is enduring this is quite an achievement.

It is well known in some circles that the Iraqi Dinar is considered a local, and nothing near a global currency. It can remain that way into the foreseeable and distant future based on the country's import capacity, consumption levels, and the welfare of the Iraqi state. The country's linchpin to its well being all depend on the circumstances of oil exports and the policies and methods of handling them. It is also a well known fact that a majority of foreign exchange revenues in Iraq are based entirely on petrochemical dollar revenues, since oil prices are paid in dollars and have nothing to do with the exchange rate of Iraqi Dinars.

As Iraq gets back on its feet and begins to stabilize hopefully its currency will realize the vast potential of its natural and productive resources.

If you would like to get a live exchange rate you can use the calculator below.]]></description>
<pubDate><![CDATA[Fri, 27 Nov 2009 12:50:42 CST]]></pubDate>
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<title><![CDATA[Iraqi Dinar Value - A Serious Discussion on Where the Value of the Iraqi Dinar Could Be Going in The Near Future.]]></title>
<link><![CDATA[http://www.howtobuydinar.org/Iraqi-Dinar-Value.html ]]></link><description><![CDATA[Iraqi Dinar Value - A Serious Discussion on Where the Value of the Iraqi Dinar Could Be Going in The Near Future.

The speculative rise and fall of the Iraqi Dinar Value seems to be a favorite topic of everyone on the internet.

The current Iraqi Dinar Value set at exchange rates is determined by the price sold at auction held by the Central Bank of Iraq daily, which involves a number of Iraqi banks to participate. Recently the Iraqi Central Bank has denied rumors that it is on a quest to raise the exchange rate of the American dollar against the Iraqi dinar.

 

 

Determination of Iraqi Dinar Value
I find the stable value of the Iraqi dinar very curious until I consider the political pressures at work to maintain the Iraqi dinar value on the world market. The vast amount of resources poured into Iraq by world powers including the US should pave the way for further stability and hopefully appreciation as the country and its economy rights itself.

When looking at the Iraqi Dinar value a currency is only as strong as the economy underpinning it. One thing that cannot be overlooked is the natural resources of that economy. Any serious conversation involving Iraq should take into account the vast natural resources the country is suspected to have. 
Even though it may have lost its luster for the moment in these trying economic times make no mistake, the country with the most oil wins…

…and Iraq is floating in oil and other natural resources, and best of all, a huge supply of fresh water, which is crucial to the economy in that area of the world.

Top Oil Reserves by Country In Billions of Barrels

1.) Saudi Arabia: 261,750 billion barrels

2.) Iraq: 112,500 billion barrels

3.) United Arab Emirates: 97,800 billion barrels

4.) Kuwait: 96,500 billion barrels

5.) Iran: 89,700 billion barrels

6.) Venezuela: 77,685 billion barrels

7.) Russia: 48,573 billion barrels

8.) Libya: 29,500 billion barrels

9.) Mexico: 26,941 billion barrels 1

0.) Nigeria: 24,000 billion barrels

…and Natural Gas

Greatest Natural Gas Reserves by Country, 2006 In Trillions of Cubic Feet

1.) Russia 1,680 trillion cu ft

2.) Iran 971 trillion cu ft

3.) Qatar 911 trillion cu ft

4.) Saudi Arabia 241 trillion cu ft

5.) United Arab Emirates 214 trillion cu ft

6.) United States 193 trillion cu ft

7.) Nigeria 185 trillion cu ft

8.) Algeria 161 trillion cu ft

9.) Venezuela 151 trillion cu ft

10.) Iraq 112 trillion cu ft

So what levels will the currency return to? Nobody knows, but this is what I like about this idea.

$50=76,950 NID

$250=384,750 NID

$500=769,500 NID

$5000=7,695,000 NID

$10,000=15,390,000 NID


I have put together a table to see what the return on a certain amount of money would be if used to buy NID and exchange it with a bank for dollars. The numbers across the top is the value in US Dollars you might be able to exchange the NID for if and when the economy recovers. I don’t think you can get any bigger bang for your buck anywhere else. Remember this is just a hypothetical situation if and when the Iraqi economy recovers.

How Many IQD You Can buy at current rates If 1 NID = 1$
 If 1 NID = $2 If 1 NID = $3
 If 1 NID = $4
 
  
$50=76,950 NID
   
$76,950
   
$153,950
   
$230,850
   
$307,800
 
  
$500=769,000 NID
   
$769,500
   
$1,539,500
   
$2,308,500
   
$3,078,000
 
  
$5000=7,690,000 NID
   
$7,690,000
   
$15,395,000
   
$23,085,000
   
$30,078,000
 
  
$10,000=15,390,000 NID
  

$15,390,000
   
$30,780,000
   
$46,170,000
   
$61,560,000
 

The above table is just for fun, but I think it gives you some idea of the speculative possibilities if you let your imagination run wild.  

There is another way to look at the equation which is probably not as pie in the sky, what if the New Iraqi Dinar you buy which represents the oil and gas riches of an entire nation were to climb to 1 cent to every US dollar?

Lets say you bought 2 million New Iraqi for around $1,600 to $2,400, and the Dinar climbed to be worth 1 cent for every New Iraqi Dinar you own…

Potential Value of 2 million New Iraqi Dinar:

 

If the New Iraqi Dinar Increases to:
 The resulting value would be:
 
$.01
 $20,000
 
$.10
 $200,000
 
$.20
 $400,000
 
$.50
 $1,000,000
 
$1.00
 $2,000,000
 

What do I think the currency price will return to? It is way too difficult to predict what a country’s currency is going to be when, but one thing you can do is look at the countries around Iraq to see how their currencies stack up against the Dollar ($).

In my humble opinion I think it will at least climb to where some of the oil producing countries have their currency pegged around the region. You can get these currency values at http://www.oanda.com . It is the best currency converter out there.

Here are what some of the other countries around Iraq have as far as currency values, I think that Iraq currency returning to these levels is realistic, though again it is impossible to predict future results. My hope is that it will return to prewar levels closer to what the Kuwaiti Dinar is trading for now. So as of the date I am writing this report at the top end you have 1 Kuwaiti Dinar = $3.472463 to every US Dollar.

The Value of Surrounding Currencies and How Much 1,000,000 New Iraqi Dinar would be worth if the New Iraqi Dinar Rises to an Equal Level

 

Country
 Value=$
 1,000,000 Dinar Value
 
Kuwait
 1$=.29 Kuwaiti Dinar
 $3,472,463
 
United Arab Emirates
 1$= 3.67 Dirham
 $272,335
 
Saudi Arabia
 $1= 3.75 Riyal
 $266,617
 
Qatar
 $1=3.64 Qatari Rial
 $274,847
 



Most of these countries with the exception of Saudi Arabia don’t have anywhere near the natural resources in oil and natural gas that Iraq has in reserves. So while I hope for millions, I think I could live if I only got a measly couple hundred thousand dollars for my $1000 buying price of Iraqi New Dinar.

I hope I have created a picture for you of what the possibilities are in this situation. I cannot stress enough that I am not telling you to do this, I am not even suggesting that you do it. However, I think you should do a lot of research and see what the possibilities are for you with this opportunity right now so you can make an educated decision. 
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<pubDate><![CDATA[Fri, 27 Nov 2009 12:49:06 CST]]></pubDate>
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<title><![CDATA[Buying Iraqi Dinar - Make Sure You Do Not Get Scammed By Reading Our Reviews of the Best Places to Buy Iraqi Dinar.]]></title>
<link><![CDATA[http://www.howtobuydinar.org/Buying-Iraqi-Dinar.html]]></link><description><![CDATA[Buying Iraqi Dinar - Make Sure You Do Not Get  Scammed By Reading Our Reviews of the Best Places  to Buy Iraqi  Dinar.

After deciding it is time to take a chance and look into Buying Iraqi Dinar how do you know where to go to keep from being taken for a ride? Our website takes all the guess work out of that process for you.

Buying Iraqi Dinar has never been easier because we have talked to many people who buy Iraqi Dinar and the same names keep coming up over and over again.

When you are about to part with your hard earned money, even on a speculative venture it is important to do your due dilligence.

Every one of the dealers we have vetted is known for their reliable and excellent customer service, and there are many out there who have these traits, the dealers below are the just the ones that scored the best on several criteria we judged them on.  

The Best Places For Buying Iraqi Dinar
Below are the top rated websites as of:

http://www.howtobuydinar.org/Buying-Iraqi-Dinar.html 
  
Ever since the fall of Saddam Hussein, the iraqi government has issued new Iraqi Dinar. This currency is made and printed by De La Rue and has the most modern anti-forgery techniques, the new updated currency has seen its exchange rate revalued from as low as 4100 dinar per U.S. dollar to as high as 1,100 dinars per dollar.

Is it worth taking a look at it?

In my estimation yes.

Are there guarantees?

Absolutely not, but make sure you take a look and see if it is the right thing for you.

Something to keep in mind. Make sure the currency you buy is the new Iraqi Dinar no matter where you purchase them. Some unscrupulous individuals will either sell the worthless old Iraqi Dinar from the Saddam era, or even mix it in with the new currencies hoping uninformed buyers won't know the difference.

Believe None of What You See and Half of What You Hear

One thing you have to be aware of is that there are endless amounts of data out there that tells you what a waste of time and money this whole venture is to anyone who tries it. I have seen countless websites that say that everybody who purchases New Iraqi Dinar is a fool who is about to be scammed.

There are people who will tell you that you can never ever make money buying New Iraqi Dinar. I know this because I see the posts in forums and on websites. I also saw endless posts that said real estate would never go down, that our banks were too big to fail. So make sure you do your own research.

There are whole websites called Iraqi Dinar the big scam and so on. Go into Google and type Dinar in the search bar and you will see all kinds of posts called "Dinar Scam" and "don’t get scammed by Dinar". 99.9% of these are marketing tactics to get you to buy Dinar from them or an e-book on how to buy Dinar.

Make no mistake, there are people who made their fortunes with the Deutschmark after World War II. There are people who become instant millionaires from buying Kuwaiti Dinar during Desert Storm. I never see any information that refutes that fact, all I see is people saying that it cannot happen here at this time. If it happened before under similar circumstances why can it not happen again?

Make your own choice in the matter. Check once, twice, and three times, but make sure you make a decision for yourself.

I hope that I have adequetly described the opportunity available by purchasing Iraqi money.  Yes, as I have mentioned above there are great risks in purchasing the currency of a war torn country, but it is those risk that are more than likely to give the incredible return that people hope for in this endevour. Do your research, budget your money wisely if you wish to participate, and above all do not buy any speculative currency with money that would put you in financial hardship if you were to lose it all.

My intention is not to sour you or scare you away from this opportunity, because I believe it is second to none out there in terms of the effort you have to put into it to get a huge return. All you have to do is spend about an hour once, 1 measly hour of your time to participate. So be very careful who you listen to in relation to this information, there are a lot of different opinions out there some of them legitimate and some completely false on both sides of the equation.

Seriously though, I know of no other opportunity where you can sit at home in your underwear for an hour on the internet once. Order some currency. After it shows up at your door a few weeks later you open it, and check to see if it is authentic. I would even go as far as to give it to an expert to see if it is authentic. Place it in a safety deposit box and start checking the currency values to see if you have a homerun on your hands.

That is it. And it could set you up for life. The only way people were able to do this kind of thing in the past was to go into a warzone. A warzone where you could be shot and killed. Now you can eat a peanut butter and jelly sandwich while you decide whether you want to take a chance on an opportunity like this. How’s that for progress in the information age? Either way, I wish you the best of luck.

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<title><![CDATA[Iraqi Dinar Buying Guide - Who Wants To Sit At Home in Their Underwear and Make Millions?]]></title>
<link><![CDATA[http://www.howtobuydinar.org/Iraqi-Dinar-Buying-Guide.html]]></link><description><![CDATA[Iraqi Dinar Buying Guide - Who Wants To Sit At Home in Their Underwear and Make Millions?

Kind of a stupid question, who wouldn't want to? Well some places that sell Iraqi Dinar seem to promise just that. One big problem, scam artists are everywhere, and if you are not aware of the pitfalls and are not educated, it doesn't matter if the Iraqi Dinar takes off like a rocket.

You could have been cheated out of all the great things that are to come.

There are a myriad of ways you can be cheated and I think it would be a shame to take a huge chance actually be right, but not reap the benefits you deserve. 

I can just imagine years from now some poor sucker who held on to counterfeit Dinar marching triumphantly to the bank only to have their dreams crushed when they find out what they were sold was not authentic.

And where will the person who sold them this junk be? Long gone. That is why I have put together an Iraqi Dinar Buying Guide to protect people from this scenerio. The Iraqi Dinar Buying Guide will give you the basics you need to know to not get cheated. That doesn't mean you can't be cheated in other ways, but hopefully this will help you avoid being cheated.

Step 1: Do Your Research
Do some research on where you can purchase some high quality New Iraqi Dinar. Make sure it is New Iraqi Dinar, not the old Saddam Hussein era notes. There are a great number of sites out there that want to sell you these notes, but be careful. There are some rules and regulations you will want to follow too, and you need to make sure that you are dealing with an honest and authentic dealer.


Currency that is in high demand is the perfect vehicle for counterfeiters and scam artists to print off their laser printers at home and sell to an unsuspecting public. That is why it is crucial you read these important steps that can help guide you to buying from the right people. The last thing you want to do is buy your New Iraqi Dinar, sit on it for a few years and find out when you go to turn it in for your millions that it is counterfiet and the scoundrel who sold it to you has left the country.

I have a great website that reviews the top New Iraqi Dinar dealers and keeps a top ten list of the most trust worthy and reliable dealers on its page.

Step 2 Make Sure the Dealer Uses a De-La-Rue Currency Counter:
After you have made a decision to purchase the New Iraqi Dinar and you have found someone you think you can trust my advice is that you trust them, but check and double check the New Iraqi Dinar, very, very carefully. Make sure to ask the online dealer if they offer a guarantee of authenticity and if they verify the currency through a De La Rue note counter.

Every New Iraqi Dinar should be run through a De-La-Rue   currency counter with counterfeit detection capabilities. There are other models that can detect counterfeits for New Iraqi Dinar, but from what I hear this is the most commonly used one. This De-La-Rue machine is the best counterfeit detection machine available for the Iraqi currency. Incidentally, it is made by the same company that printed the currency. Some dealers will tell you De-La-Rue does not make a machine yet that can verify New Iraqi Dinar, my guess is that they don’t want to spend the money for the machine and you should probably avoid them at all costs.

A guarantee of delivery and reasonable price are also important, but you want to make sure that the items you are purchasing are authentic.

Step 3: If Possible, Pay with a Credit Card
After you have decided on a dealer I suggest you use a dealer where you can pay with  a credit card. That way if something goes wrong with your shipment you can dispute the charge with whatever credit card company you are making the purchase with. It doesn’t guarantee that you will always be safe in your purchase, but having a credit card company on your side can really help if things get contentious.

  
Step 4: Check the Condition of the Bills Upon Receipt From the Dealer
After you have taken receipt of the currency you will want to check some very specific things to make sure that all of your currency is authentic.

Make sure you check the condition of the bills themselves. Some dealers will pass you worn or heavily circulated bills, if this happens make sure you ask them for an exchange, when it comes time to trade in your bills you want no question on the authenticity or value of the bills you are trading in. A maimed or mangled note could cost you a lot of money if it is rejected as being unacceptable. The condition of the notes you receive is essential. To understand why, consider the following:

The Central Bank of Iraq states that "The CBI may confiscate without compensation any banknotes that have been written on, painted on, overprinted, stamped or perforated, or to which adhesive matter has been applied."

Step 5: Make Sure You Know The Anti-Counterfeiting Security Measures
The New banknotes, printed by De La Rue, have some of the most up-to-date anti-counterfeit features, including watermarks, a security thread, raised letters, an optical variable ink (glows under ultra violet light), including metallic ink and other variations to thwart off counterfeiters. Most counterfeit New Iraqi Dinars have some of the counterfeit measures in place like the inlaid gold and watermark, but have failed miserbly in duplicating the raised lettering, or the ink that will show when held under a black light. See the graphic of the security measures for the 25,000 Dinar note below.

Explanation of Anti-Counterfeiting Measures In Detail
1. Horse head watermark

This is one of the most simple security checks you can make. Hold the Iraqi Dinar up to a bright light source. The image of a horse head should clearly appear. This pattern is embedded, not printed, into the paper.

2. Color changing symbol

In the bottom left hand corner, the eight sided symbol should change color from purple to green when viewed at different angles.

3. Ultraviolet writing

To check for the ultraviolet writing on the Iraqi Dinar, you will need a UV lamp (as commonly found in hardware stores). In a dimly lit area, hold the UV lamp over the Iraqi dinar. You should clearly see a UV box with writing inside on the back side of the dinar.

4. Metallic ink (25,000 dinar note only)

The image of a dove is printed in metallic ink on the top left hand corner of the back of the dinar.

5. Security thread (25,000 dinar note only)

There should be a metallic security thread embedded into the stock of the Iraqi dinar paper.

6. Unique serial number

Every dinar is uniquely numbered in East-Arabic script. See the conversion below to western numerals. Notice the similarities between the 2 and 3 numerals.

Numeral conversion:



A word of warning, in my first Dinar package I freaked out because all the script seemed different. In talking with the broker he explained that I was looking at the serial numbers. Believe me, you want all the serial numbers to be different. If you have bunch of bills with the same serial number, you need to call the dealer who sold it to you right away for a refund and an explanation. But make sure that you understand what you are reading, the 2s and 3s in the above conversion chart look very similar…

To Review, Watch out for…

1.) Dinars that have no metallic ink. 
2.) Currency that have no variable ink, or will not glow.

3.) Lack of security thread.

4.) Abscense of raised lettering

5.) Lack of the horsehead watermark.

Step 6: Check out the Currency Under the Black Light
Make sure you purchase an ultraviolet light to test for the ultraviolet security features in the middle of the notes shown in the picture below.



Step 7: The Magic Currency Marker
You should also consider purchasing a special pen to detect fake bills, it is easy to scan and print the images of the bills, it is almost impossible for counterfeiters to duplicate the paper. You might have seen similar markers at your bank or at Las Vegas casinos. You just touch the bill with the marker and if it comes up yellow, the bill is genuine. If the mark turns brown than the bill is suspect. You don’t have to worry about the yellow mark, it will fade away leaving the bill looking as good as new. Make sure when you buy the currency marker that you confirm it will work with De-La-Rue printed currency for New Iraqi Dinar. I have heard people complain about perfectly legitimate bills because they used the wrong kind of detection pen.

Step 8: Optional -- Hire a Specialist
If you are planning on accumulating a large sum of these bills you might want to search google.com or find someone who is an expert in anti-counterfeiting. It may be expensive up front, but it would sure give you some piece of mind. I used a currency dealer to look my bills over, as much to learn from him, as check the authenticity of the bills. I think he was worth every penny.

Step 9: Choose Your Denomination
There are many different denominations of New Iraqi Dinar you can purchase. The only one I currently own is the 25,000 bill. I buy these notes because they are the cheapest to accumulate. You can buy forty 25,000 New Iraqi Dinar bills for $800-$1,200 which will give you a cool million New Iraqi Dinar. Most brokers will charge you more for the same 1,000,000 New Iraqi Dinar in smaller denominations. I also buy the 25,000 New Iraqi Dinar because I understand the anti-counterfeit security measures the best with this denomination. If you decide to buy other denominations make sure you get from the broker the security measures you need to know about before you order.
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