When Great Britain occupied Iraq during World War I, they replaced the iraqi dinar with the Indian rupee. In 1947, the Iraq National Bank began issuing banknotes in Iraq. By 1954 the banknotes were being issued by the Central Bank of Iraq. The value of Iraqi dinar had dropped significantly by 2002, which is when the highest denomination for the Iraq dinar was 250. After the Iraq war broke out in 2003 and the Americans occupied the country, the Iraqi dinar banknotes consisted of six denominations. These were the 50, 250, 1,000, 10,000 and the 25,000 dinar. In October of 2004, a dinar banker was able to issue the 500 dinar banknotes too.
Today, there are many American investors who are interested in investing in the Iraqi dinar. You can go online and locate a dinar banker that can tell you how to buy Iraqi dinar. If you are interested in banking on the successful rebuilding of the Iraqi economy, you will want to talk to a dinar banker. Iraq currency is a hot commodity right now. Lots of people are looking for dinar speculation news and advice online. Contacting a dinar banker is the best way to get updates and information on how to buy iraqi dinar.
Usually a dinar banker does not give out investment advice and they cannot guarantee your investment. There is a huge demand for the Iraqi dinar however. Before investing in a foreign currency it is wise to investigate the dinar banker you are dealing with. Look for a licensed dinar banker that is experienced in trading the new Iraq dinar banknotes. Investors must take careful thought in finding a currency broker that is offering Iraqi dinar at competitive prices. Making sure the banknotes you buy are from a reputable exchange company is paramount. A trusted dinar banker is the best way to get 100 percent authentic Iraq dinar banknotes issued directly from the central bank in Iraq. Contact a reputable Iraq dinar banker for more information on obtaining Iraq dinar banknotes today.