Recently I've been looking into Iraqi Dinars...
I was wondering who has had experience with them?
Are they worth buying?
Worthless?
Too risky?

I'm curious to hear your opinions.
Thanks
Mattt

yeh iv heard loads of stuff on them. If iraq goes into civil war, then dinar price will decrease, if america goes ahead and builds iraq's economy.. the currency is set to double in value.

as i heard heaps of TV news that Civil war is still going on.. and USA GOV is unable to fullfill their promises to Iraqi people.. alot of confusion between this.. No one has clear pic.. but for now picture.. iraq looks still in civil war.. becaz i have seen at TV daily... heaps of bomb blast...
Think twice before you move FWD..

I ended up buying 250,000 through a friend
I just figured what the hell

LOL thats not $250000 worth i hope. How much is 250k worth?

accourding to the americans... the troops ain't going anywhere... the fight still goes.

I've read some where about this i think that they are going to pick up its value but how? what are the main factor for that? i've seen some business mag have a write up about dinnar a very good write up indeed but to me if the write up is true why do they talk so much and offer reader to get the fullset of dinnar dollar from them? why dont they keep it and get the benefits if what they know about it its true

I wouldn't invest in Dinar right now. Iraq has all but been destroyed and the country is in a state of civil war. The US may talk big about staying the course but pretty much all of the "Coalition of the Willing" has left already.
The 1,800 Italians completed their departure on December 2. The 2,400 Poles say they are in the process of leaving. The South Koreans are reducing their contingent from 3,300 to 2,600. The Australians have come down from 2,000 to 1,400. The 1,650 Ukrainians, the 1,345 Dutch, and the 1,300 Spanish are long gone. Also gone are the 600 Japanese, the 462 Bulgarians, the 423 Thais, the 368 Hondurans, the 302 Dominicans, the 300 Hungarians, the 230 Nicaraguans, the 192 Singaporeans, the 150 Norwegians, the 128 Portuguese, plus assorted smaller forces. This pretty much leaves the UK and US to try and do whatever it is they are supposed to be doing, while their only supply route from Kuwait is about to become 400 miles of undefended hell for them. Getting supplies from Jordon is a no go. They would have to go through the heart of the resistance in Anbar province, and the Turks aren't even going to consider helping the US get supplies through from their side because the US has been arming and supporting the PKK(Listed as a terrorist group) in terrorism operations inside Iran, but they also use that US support to commit terrorist acts in Turkey. Go figure.

As for the reconstrustion.. What reconstruction? All the billions poured into Iraq have been handed to companies like KBR and Bechtel to line the pockets of the executives of those companies. Several years after the invasion, pretty much nobody outside of the "Green Zone" has electricity or even clean, running water. Much of the "reconstruction" money went missing somewhere after being handed out without being recorded or audited.

All this, and you still want to buy the currency of this country? As a currency trader I can tell you, the fundamentals look bad. I wouldn't recommend buying any Dinars except if you collect coins and banknotes as a hobby.

Nice explaination jafar
i indicated the same.. but in simple words..
see you around

jafar00 i want to congratulate you for you post and contribution to this thread... what you posted was absoultely well explained and... couldn't make it better.

and above all of this, you make a lot of sense.