How many dinars equal a dollar

We use midmarket rates These are derived from the mid-point between the "buy" and "sell" transactional rates from global currency markets.

They are not transactional rates. Learn more. View full chart. High These are the highest points the exchange rate has been at in the last 30 and day periods. Low These are the lowest points the exchange rate has been at in the last 30 and day periods. Average These are the average exchange rates of these two currencies for the last 30 and 90 days. Volatility These percentages show how much the exchange rate has fluctuated over the last 30 and day periods.

Kazakhstan Tenge. Kenyan Shilling. Kuwaiti Dinar. Latvian Lats. Lebanese Pound. Lesotho Loti. Lithuanian Litas. Macau Pataca. Macedonian Denar. Malawi Kwacha. Malaysian Ringgit. Maldives Rufiyaa. Mauritania Ougulya. Mauritius Rupee. Mexican Peso. Moldovan Leu. Mongolian Tugrik. Moroccan Dirham. Namibian Dollar. Nepalese Rupee. Neth Antilles Guilder. New Zealand Dollar. Nicaragua Cordoba. Nigerian Naira. Norwegian Krone.

Omani Rial. Pacific Franc. Pakistani Rupee. Panamanian Balboa. Papua New Guinea Kina. Paraguayan Guarani. Peruvian Nuevo Sol. Philippine Peso. Polish Zloty. As with buying stocks, bonds, or other currency, you purchase dinar at a given price and then expect the price to rise.

The real question, though, is not just "can" you invest in this particular currency, but rather "should" you invest. Financial scams usually have certain characteristics that can be identified with a bit of research:. In the case of the Iraqi dinar investment scheme, there might be additional red flags :. All these factors give rise to further doubt. Forex refers to currency trading and currency pairs. If your expectations come true, and the exchange rate improves to a hypothetical value—say one U.

But what happens if the dinar takes the opposite direction? Now your invested holding of 1. It mentioned the International Compact with Iraq , which was interpreted in multiple ways and led to further speculation in the Iraqi dinar currency trading. The article further states:. Civil war, regional fights, and western countries staying away are major concerns of current Iraq, with the extreme possibility of the country splitting into three separate regions. If that happens, the payday may never come for investors holding the Iraqi dinar and waiting for value appreciation.

Backed by the oil reserves , Iraq has the potential to spring back and establish itself as a stable economy. It managed to do so after the eight-year-long Iran-Iraq war. But that will need a peaceful, promising business atmosphere to establish investor confidence, which will, in turn, help revive its economy and bring back the IQD forex rate to less depressed levels.

Now to the other side of the coin:. There are signs indicating that Iraqi dinar investments are nothing more than a hyped scam. Additionally, some incorrect statements are heavily publicized by the propagators of Iraqi dinar Investment schemes incorrect statements in italics :. Supporters of Iraqi dinar Investment are reported to be confusing two economic terms: Revaluation and Redenomination.

Revaluation is the calculated adjustment made to a country's official exchange rate relative to a chosen baseline, such as gold or the U.

After a revaluation, a currency becomes expensive relative to the base currency by the factor of adjustment, and hence the process changes the purchasing power of that currency.

Redenomination is done in case of high inflation levels by old high-value notes being made equal to new small value notes e. Redenomination simply drops off the zeroes keeping the purchasing power the same as before. There are confirmed news items that Iraq did plan to redenominate its currency, but not revalue.

More US Dollar info. More Iraqi Dinar info. The world's most popular currency tools. Xe International Money Transfer. Send money. Xe Currency Charts. View charts. Xe Rate Alerts.