I know this might come across as one of those infomercial type pitches, but I am being dead honest here. Now is the best time to invest in the Iraqi currency called dinars. Their currency has faced severe inflation now, and as the post war country stabilizes, its currency will deflate, creating a profit for your investment. All it takes is the foresight to buy now, and the patience to wait a little while. You can easily turn hundreds of dollars into thousands. Turning dinars to dollars will be the best decision you make for a long time.
Here, let me back up. Back in the day, the dinar replaced the Indian rupee, which had been the official currency since the British occupation of the country during the first World War. Currency that was printed before the Gulf War is often called the Swiss dinar, because it was printed using the Swiss printing technology.
Despite its collapse in value, the highest denomination of the iraqi dinar until 2002 was 250 dinars. However, in October 2004 a 500 dinars note was issued.
And the biggest reason you should switch dinars to dollars? A single dollar can get you 1,260 Iraqi dinars in the trade, this is a level that has not been reached since last year. That sounds rough, I know, it does, but this is good news for you as an investor looking to change dinars to dollars. Buying 1,000 dollars worth of dinars gets you 1,260,000. Once stabilized, the value of a dinar will grow. Even if it does not match up to the level of a dollar, even if it grows twice in amount, think about all the dinars to dollars profit you will get.
Do you have any questions on this dinars to dollars plan? Feel free to ask in the comments! Research more here: www.gidassociates.com