Until 1959, the Iraqi dinar was pegged at per with the British pound. In 2013, the value is significantly lower, at roughly 1,200 dinars to one United States dollar. However, the Iraqi dinar exchange rate could change with the stability of the Iraqi nation improving, as United States troops have finally withdrawn from the country …
Category Archives: Dinar speculation
What Determines the Value of the Iraqi Dinar?
The dinar, which is the currency for Iraq, fluctuates in value due to current events that occur in the country. The iraqi dinar, which has been in circulation since 1932, has gone through numerous changes. For example, after 1991, the currency made the change from being printed on cotton to being printed on low grade …
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