 Why buy Iraqi Dinar? |
The simplest answer is that this could very well be the investment opportunity of a lifetime.
Is this a high risk investment? You bet. Is there a potential for high returns that equals that risk? I think so and I’ll tell you why. If you are not comfortable making a high risk investment, then Iraqi Dinar is not for you, plain and simple. If you understand that there is substantial risk involved and are willing to assume that risk then read on.
Many of us who pursue high risk investments do so because we recognize that along with high risk exists the potential for high returns. The question to ask here is what is the potential return? The truth is, none of us can know for sure and the most any of us can do is speculate.
But let me provide you with some historical and geographical information on which to base that speculation and you can begin to form your own opinions.
An historical and geographical comparison: Kuwait
Prior to Saddam Hussein’s invasion of Kuwait in 1990 one Kuwaiti Dinar was worth $2.79 U.S. Dollars (USD)
.After Saddam Hussein’s invasion of Kuwait the Kuwaiti Dinar plummeted to a value of $.10 on the Dollar.
When the U.S. lead coalition removed Saddam the Kuwaiti Dinar could be purchased for pennies on the Dollar. Today one Kuwaiti Dinar is worth $3.42 U.S. Dollars (USD).
Keep in mind that Kuwait is the third largest oil producing country in the world…Iraq is second.
The historical and geographical scenarios playing out in Iraq today:
That’s right, Iraq is the second largest oil producing country in the world or was prior to the First Gulf War. Iraq still has the 2nd largest oil reserve in the world. Saudi Arabia has the first largest oil reserve in the world.
Before Saddam came to power the Iraqi Dinar was worth $3.30 (USD)..
After Saddam lost the war with Iran, the war with Kuwait and after the country was impacted by years of UN Sanctions the Dinar was down to its lowest exchange rate ever. (See graph below)
Prior to the start of Operation Freedom, after two wars and over 10 years of U.N. Sanctions, the official international exchange rate for the Iraqi Dinar was $0.31 (USD).
Today the exchange rate for Iraqi Dinar is close to it's lowest point in history, .00068, after bottoming out at .00027. Of course you have to be in Iraq in order to get that rate. At the present time it's only a local currency. Speculators are waiting for high returns should it to become a global currency again sometime in the future.
Acquiring Dinar here in the states is primarily done through independent dealers like myself since it isn't being carried by banks or world currency exchanges like the Forex. You can easily pick up 1 million Iraqi Dinars from a reputable dealer here in the States for under $1000 or $.001 (USD). That’s 1/10 of 1 U.S. penny. Often it is less. |
|
 Holding 1 Million Dinars. |
When Exchange Rate for
Dinar in USD = |
Total Value for 1/M
Dinar will then = |
| 0.01 |
$10,000 USD |
| 0.10 |
$100,000 |
| 0.50 |
$500,000 |
| 1.00 |
$1,000,000 |
| $1,000,000 |
$2,000,000 |
| |
|
| To see view the actual market value for the Iraqi Dinar or to convert the value your currency into USD you can use this currency converter below |
| |
|
|
As you can see, the potential upside of this investment is remarkable. How long it will take is as uncertain as the final outcome. Many Iraqi Dinar investors are prepared to wait years. Most are ultimately convinced that neither the United States, nor the rest of the world, are about to let the second largest oil reserve and Iraq fall into the hands of terrorists or other radicals after having wrested it from the hands of a dictator. The stakes are simply too high and a stable Iraq is, without question, in the best interest of the entire world. |
| |
| Authenticity Guarantee |
| |
All Dinars are guaranteed to be 100% genuine. All Dinar are scanned for the appropriate security features including the use of U.V. light to see the features which can only be seen with U.V. light.
 |
|
| |
| |
| |
|
Service Overview
