Iraqi Dinnar ...
Oct 21st 2007, 9:44 am
#1
semarang
Thread Starter
Joined: Aug 2004
Location: sand dune
Posts: 7,763
Iraqi Dinnar ...
My uncle back in Indonesia told me that alot of Indonesian bought loads of Iraqi Dinnar, they believe that in few yrs time the money will worth alot more.
Does anyone have any knowledge about this or do you think it is just purely scam?
http://www.bizcovering.com/Investing...nar-Scam.27144
Does anyone have any knowledge about this or do you think it is just purely scam?
http://www.bizcovering.com/Investing...nar-Scam.27144
Oct 21st 2007, 11:08 am
#2
Expats Newboy
Joined: Apr 2005
Location: Bahrain
Posts: 23
Re: Iraqi Dinnar ...
Better off buying US$ at the moment, they ain't worth much and they are sure to rise again..... not like Iraqi Dinar.!!!
Oct 21st 2007, 11:45 am
#4
Soupy twist
Joined: Dec 2004
Posts: 2,271
Re: Iraqi Dinnar ...
My friend's husband did this thinking he'd double his money within a year or two, how wrong he was. The Dinar not looking like it'll rise anytime soon with the current situation with Iraq.
As for buying the US Dollar, yes, you'd get a much better return sooner and it's almost guaranteed to rise at some point.
As for buying the US Dollar, yes, you'd get a much better return sooner and it's almost guaranteed to rise at some point.
Oct 21st 2007, 11:48 am
#5
Forum Regular
Joined: Oct 2007
Location: Dubai
Posts: 267
Re: Iraqi Dinnar ...
My friend's husband did this thinking he'd double his money within a year or two, how wrong he was. The Dinar not looking like it'll rise anytime soon with the current situation with Iraq.
As for buying the US Dollar, yes, you'd get a much better return sooner and it's almost guaranteed to rise at some point.
As for buying the US Dollar, yes, you'd get a much better return sooner and it's almost guaranteed to rise at some point.
Oct 21st 2007, 1:41 pm
#6
semarang
Thread Starter
Joined: Aug 2004
Location: sand dune
Posts: 7,763
Re: Iraqi Dinnar ...
Thanks everyone ... anymore comments pls?
Oct 21st 2007, 2:40 pm
#9
semarang
Thread Starter
Joined: Aug 2004
Location: sand dune
Posts: 7,763
Re: Iraqi Dinnar ...
Ooops ... did i spell the dinnar wrongly? 
Oct 21st 2007, 4:05 pm
#11
semarang
Thread Starter
Joined: Aug 2004
Location: sand dune
Posts: 7,763
Oct 21st 2007, 4:19 pm
#13
semarang
Thread Starter
Joined: Aug 2004
Location: sand dune
Posts: 7,763
Oct 22nd 2007, 7:55 am
#14
Soupy twist
Joined: Dec 2004
Posts: 2,271
Re: Iraqi Dinnar ...
Yes, it's "dinar".
And you have to consider the possibility that, should some kind of lasting peace actually occur, the Iraqi currency will be changed as part of the redevelopment of the country (not unheard-of in these sorts of situations), rendering the old notes valueless other than for a direct exchange with the new ones - at a rate that will ensure nobody profiteers.
And you have to consider the possibility that, should some kind of lasting peace actually occur, the Iraqi currency will be changed as part of the redevelopment of the country (not unheard-of in these sorts of situations), rendering the old notes valueless other than for a direct exchange with the new ones - at a rate that will ensure nobody profiteers.
Oct 22nd 2007, 10:28 am
#15
Expats Newboy
Joined: Apr 2005
Location: Bahrain
Posts: 23
Re: Iraqi Dinnar ...
Yes, it's "dinar".
And you have to consider the possibility that, should some kind of lasting peace actually occur, the Iraqi currency will be changed as part of the redevelopment of the country (not unheard-of in these sorts of situations), rendering the old notes valueless other than for a direct exchange with the new ones - at a rate that will ensure nobody profiteers.
And you have to consider the possibility that, should some kind of lasting peace actually occur, the Iraqi currency will be changed as part of the redevelopment of the country (not unheard-of in these sorts of situations), rendering the old notes valueless other than for a direct exchange with the new ones - at a rate that will ensure nobody profiteers.