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Iraqi Dinar – Dinar Currency

Iraqi Dinar Currency, Website Snapshot

If you’ve decided to purchase or invest in the Iraqi Diner, you should be wary of numerous scams and suspicious websites out there. For a reputable website, we prefer, as they are registered with the U.S. Treasury and have a history of positive customer service. They also use a De La Rue / Talaris Counting authentication machine.


The Iraqi Dinar, like Iraq itself, is a hot topic these days. Will it appreciate or depreciate? I’m not sure. But for fun I recently acquired 56,800 Iraqi Diner (worth a little less than $50).

They are cool and colorful to look at. I’ve enjoyed foreign coins and currency since my youth.

Iraqi Dinar 56,800

Some individuals think the Iraqi Dinar will undergo a revaluation, and someday one dinar will be worth one dollar, or more. Before the Gulf War, 1 Iraqi Dinar was worth around 3.20 US Dollars. Today 1 Iraqi Dinar = 0.00086 US Dollar.  It is true Iraq has considerable oil assets, and have recently heavily increased its gold assets. This March Iraq’s Central Bank bought approximately 36 tons of high-purity gold bullion.

That said, it seems far-fetched to most economists that something like this would happen. And they lean towards redenomination over revaluation. Recently both Forbes and Investopedia put out articles saying it’s a poor and risky investment. Many websites and TV news stations claim people are getting scammed.

Yet, here’s a video from 2009 with Jim Cramer on Mad Money recommending the Iraqi Dinar currency as a play.

And, Bitcoin was once called a huge scam, and then some people struck oil. And the potential value of the Iraqi Dinar could be huge — perhaps a kind of lottery ticket?

Full Set, Dinar Currency

Another analogy might be comparing the Iraqi Dinar to a penny stock. One should never invest what they can’t afford to lose. And penny stocks usually fail, though every blue moon one skyrockets.

After exploring some of the chat rooms and forums on the Iraqi Dinar, this reinforces my comparison to penny stocks. Penny stock forums are often full of deceptive individuals who are paid to “pump and dump” as they say. They claim the stock is ready to launch any day now. Think Wolf on Wall Street. In Iraqi Dinar forums, many members have been saying the Iraqi Dinar would skyrocket “any day now” for over 10 years. That’s a lot of pumping. Also sad, and perhaps humorous, they often call these members “gurus”.

One should always do their own thorough research before purchasing an investment of any kind. If you have the money to invest, sometimes penny stocks are fun, you choose a bunch and hope one takes off.

After some of my own research, as far as a place to purchase Dinar Currency, I prefer Here’s a Certificate of Authenticity that you will receive with a purchase.

Certificate of Authenticity, Iraqi Dinar, Talaris


They also have a YouTube video on their YouTube Channel showing the counting and authentication machine that they use.

If you’re going to buy a lottery ticket, you should make sure you buy it from a trusted source!


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  1. When you choose to invest your earnest money in a foreign currency, you need to consider so many important factors that can make a difference. Because of international activities and fluctuating economy, the currencies stay prone to failure all the time. In that case, an investor should be aware of all those points that can lead a currency to failure.

    These days, investors have turned to Iraqi dinars just because of increasing economic conditions in Iraq. Over the last one decade, we have witnessed substantial development projects have taken place in the nation and which have resulted in fruitful development. In addition, the Bank of Iraq has taken a slew of measures to deal with the situations without taking any inappropriate step. In addition to their efforts to take the currency forward, they have also taken some corrective measures to deal with the ailing economy over the last some years.

    When it comes to either purchasing or selling Iraqi Dinars, you need to be aware of some crucial aspects as it is always a risky endeavor to take such decision without checking key aspects carefully. First of all, it is important to check the latest news on Iraqi Dinars before you make your decision to purchase the currency. Because of international effects, the currency may have negative impacts in coming days. So, you better check the current status before you take your final step.

    In addition, you should also make sure the speculation in Iraqi dinars can bring you profits in future, though investing in Iraqi dinars has now become somewhat more profitable compared to before. With an objective to make your investment the most profitable, you need to select a reliable money retailer. You should know that Iraqi dinars are not traded at any official platform; you will have to select a retailer who deals in either purchasing or selling Iraqi Dinars.

    Checking retailer’s reliability is somewhat more important than examining the profit feasibility of the currency as your request for purchasing currency should be processed using very accurate mechanism. You will have to check if the select retailer utilizes accurate system to process your payment without making a single mistake.

    So before you make your final decision, you should check all the aspects carefully. Once you are convinced, you start investing your earnest money in the currency with the utmost care. You can also check the quality of currency online as their websites allow you to check the quality also.

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