Re-denomination of the Iraqi Dinar?

Question

The Iraqi Dinar Notes are being Re-denominated at the end of 2010 to eliminating the last 3 zeros, where can I exchange the Old (25,000) Dinar Notes for the New (25) Dinar Notes! They say both will be legal tender in Iraq until the old notes are completely withdrawn But what if I hold the old ones for 10 years! Want to EXCHANGE the old ones for the NEW ones at a Minimal or no fee!

Jerry · Accepted Answer

Do you realize that Dinar investing is an old scam that has been around for years?  See the link below for some details.

Instead of worrying about exchanging old dinar for new dinar, you should see if you can get out completely.

The only reason anyone should acquire dinar is if they expect to vacation soon in Baghdad.  Otherwise, you are just being scammed.

? · Answer

the folk below have not have been given any thought what they are speaking approximately. they are certainly splendid, yet they have their terminology incorrect! Your question became right into some REVALUE, their solutions are some REISSUE. 2 thoroughly various issues! Iraq has already had a REISSUE whilst they have been given rid of all the previous Hussein dinars! Your question is a few REVALUE! Iraq's forex is speculated to be in a maximum acceptable, so ALL of their forex is backed via products, ie Gold, oil and so on.... it is why some speculate that on the RV, they may be able to come out at a severe quantity because of the stockpiling of components for the final 15 or so years. yet, the genuine fee will come whilst they parent their genuine "holdings" vs how plenty forex is unquestionably in stream.

Anonymous · Answer

Sorry can't help Frank, I would suggest same question at a bank...

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Re-denomination of the Iraqi Dinar?

3 Answers