If you are among the millions who have invested in the new Iraqi Dinar -- this means any Dinar that have been issued post 2003 -- you may be wondering if this is a good time to sell the Iraqi Dinar you have been sitting on, or if you should hang on a little longer. In the end, this is a decision that you are going to have to make based on how much profit you want from your investment and how long you can really afford to leave your investment sitting untouched.

If you were among those who invested when the Dinar hit rock bottom at 0.00027 to the dollar, you can realize a fourfold profit, as the current (as of Jan 2012) rate is 0.00085 if you sell the Iraqi Dinar you are holding. However, this is not likely to be the highest exchange rate we can expect for the Dinar. In fact, if predictions are right and you were to sell your investment today, you would be doing yourself a huge injustice, since the exchange rate is predicted to undergo a major revaluation.

How Long Should I Wait to Sell My Iraqi Dinar?

No one is going to tell you when you should sell the Iraqi Dinar you have sitting in your safety deposit box or that shoebox hidden in the closet. Instead, what they are going to tell you is that you should hold onto it as long as you can. While the value of the Dinar has definitely increased over the past 8 years, it is by no means anywhere close to its original pre 2003 level. Consider this: before Saddam invaded Kuwait, the Kuwaiti Dinar traded at $2.79; it dropped to $0.10 after the invasion. Today, thanks to a fully recovered economy, Kuwaiti Dinar are trading at $3.57.

Is this what we can expect to see happen in Iraq? It is altogether possible, as part of the reason this occurred in Kuwait is that their Dinar was revalued to bring it more in line with real world values and to stop runaway inflation. A similar revaluation is expected to happen for Iraq at some point this year, and if this happens then, you may find that you will be able to sell the Iraqi Dinar you have been sitting on for as much as 3 Dinar to 1 US Dollar. Of course, this is just speculation -- you have to decide if you can afford to take the risk.

Whether you decide to wait to sell the Iraqi Dinar you have invested in, banking on the possibility of the revaluation occurring or wanting to sell them now for a moderate profit, Deal or Buy Dinar is always ready to buy them from you. Now is a good time for you to invest in what could be a very lucrative currency, but you should never make any kind of investment unless you are doing so with money you can afford to lose, as there are no guarantees in the currency market.