Archive for August 16, 2013
Iraq is often called the cradle of civilization, and due to this nickname has one of the oldest histories of currency. Currently, the government uses the Dinar as its form of currency. The notes printed before the Gulf War were often called Swiss Dinar because it used Swiss printing technology.. Since then, there have been many changes with the Iraqi currency, and the Iraqi Dinar to US dollar value is constantly changing.
Many Americans are making investments in Iraqi Dinars. However, before choosing this as a form of financial investment, make sure you have plenty of information about the currency, the state of the government, and the Iraqi dinar to us dollar exchange rate. Also, keep in mind that Iraq has very few exports other than oil,