The Iraqi dinar was trading in July 2014 at a rate of about 1,200 per United States dollar, so a 1,000-fold revaluation would see the exchange rate at 1.2 per U.S. dollar. So what are the odds of ... Since the Iraqi dinar is low right now, many investors have purchased significant amounts of it, eagerly awaiting the day when it revalues so that their currency will be worth more. The Central Bank of Iraq’s revalue of the Iraq currency is based on efforts to revise the country’s monetary policy and supervise its financial system. Despite the recent history of the Iraqi dinar being so weak, the potential for an Iraqi dinar revalue could be a game changer. A revaluation could take the currency out of the global currency basement, and put it back up on the main floor – where it had been for decades up until 1991. The Iraqi Dinar is the currency of Iraq. Our currency rankings show that the most popular Iraq Dinar exchange rate is the USD to IQD rate. The currency code for Dinars is IQD, and the currency symbol is د.ع. Below, you'll find Iraqi Dinar rates and a currency converter. The Iraqi Dinar revaluation scam has entered a new phase while untold thousands continue to hold onto the troubled currency. The U.S. Securities and Exchange Commission (SEC) recently filed a ...
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