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10-03-2007, 09:07 PM #1
Iraqi Dinar
Ive read alot on the net about people investing in Iraqi Dinar, anyone done this or heard about it
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10-03-2007, 09:42 PM #2
I've have invested. I did it a couple years back while I was deployed and got 2.4 Million Dinars for under $1000 US. So far I've made a few hundred US dollars, if I were to exchange it into US. The deal with the Dinars is hopefully they will rise up to the 1 Dinar to $3 US like it used to be and most of the Middle East money is. 2.4 Million Dinars into US at that rate would be $7.2 Million US, I honestly don't expect it to return to that rate, but MAN OH MAN if it did....I would retire regardless of age. Even if it stops at 50 cents to $1 US, I'd still make out. Its basically a long term investment.
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