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Iraqi Dinar Exchange Rate Full Table (IQD):

Market open. Summary Chart Conversations Historical Data. Top Reactions. What platform can l purchase this coin?

Dinar detonation - Ask Dave |

It revalued on March 6 to. Reply Replies 6. I have been sitting on Dinar for 9 years waiting Reply Replies 2. I have set on this since Is there any hope? Then it will soar once the nation is stable enough to blossom.

They are working hard towards that but nothing good happens fast. Any change yet in the rate? I been holding themselves for years now. Somety is seriously brewing now. Due to excessive government printing of the new issue, the Dinar devalued quickly.


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  • They're buying what? U.S. investors latch onto Iraqi dinar | Reuters?

New Dinar coins and notes were issued in to replace old Saddam notes to create a single unified currency. In , the Central Bank of Iraq announced their plans to redenominate the Iraqi Dinar to ease cash transactions. The intention would be to drop three zeros from the nominal value of bank notes; but the actual value of the dinar would remain unchanged.

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Although the announcement stated that the change would take place by the end of , no redenomination took place. As stated by the Central Bank of Iraq , their mandate is to "ensure domestic price stability and foster a stable competitive market based financial system.

Rudaw reports that hundreds of people protested in Baghdad's Tahrir Square demanding that the government reverse its decision to devalue of the Iraqi dinar against the US dollar. According to The Arab Weekly, the devaluation sparked panic across the country, as people rushed to buy dollars or stock up in supermarkets before […].

Devaluation of Iraqi dinar deals blow to pro-Iran Shia parties

Iraq has reportedly devalued its currency by about 20 percent against the dollar. The previous official rate was 1, dinar to the dollar. Reuters adds that the decision […]. A leaked draft of Iraq s state budget sent Iraqis into a panic on Thursday as it confirmed the government's intentions to devalue the national currency the Iraqi dinar [IQD], and cut salaries to cope with the impacts of a severe economic crisis.

Click here to read the full story from The Independent. Source: The […].