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Marcel Heersema's Articles in Economy Show All|Display Category|Title|Newest|Oldest The Iraqi Dinar In A Nutshell The Iraqi dinar (pronounced: di-'när) is the legal currency of Iraq. Old Iraqi dinar The Iraqi dinar was introduced into circulation in 1931 and was at par with the Pound sterling. The Iraqi dinar replaced the Indian rupee that was the official currency at the time of the British occupation in World War I. After the 1958 coup d'etat, the Iraqi dinar was dissociated from the Pound sterling, but continued to have a very high value. After the Gulf War in 1991 and due to... Where To Exchange The Iraqi Dinar In The Future? "There are a lot of places where I can buy Iraqi dinars, but where can I sell them?" I get this question in my mailbox on a daily basis. To explain this best to you let me first begin explaining why this opportunity even exists. You can buy dinars everywhere because this is not a common currency yet. They are 'just' a pack of printed paper. That is the key to trade and sell them freely, by anyone. If this was an accepted currency from the day it was printed this 'mon... What About The Risk In Buying Iraqi Dinars Is it a risky business, buying dinars? Of course there is some risk involved. Normally, the higher the gains, the more risk. But in this case... hmmm, difficult to say. Let me just give you some scenario's to get you started and make up your own mind. You don't let me tell you what to think, isn't it? I only want to help you on the way, you fill in the rest with your own knowledge and mindset, agreed? Scenario 1: All the troops leave Iraq suddently and total chaos... Seven Pro's To Invest In The Iraqi Dinar. Iraq's massive oil and gas reserves: Iraq has the largest gas and the second largest oil reserve in the world! That's like having pure gold in your soil. The oil alone is good for $10 trillion. Do you think it will do the Iraqi dinar any good? $70 billion economy potential: With their oil and gas reserves, foreign investors, aid, highly educated population, regional agreements and Iraq's great access to fresh water for agriculture it has the potential to become on...	Authors Sign Up for a free account. Submit your articles. Publishers Category RSS feeds. Resources Accredited Home Schools Article Directory More Resources

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