What to do with my Dinar? (2024)

+9

Len

mabysomeday

pouncer7

Hawaii Rainbow

dinarling77

candi

Thewanderingjew

cyklerider

inevergiveup

13 posters

Dinar Daily::DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS::DINAR/IRAQ QUESTIONS and DISCUSSIONS

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What to do with my Dinar? (2) What to do with my Dinar?

What to do with my Dinar? (3)byinevergiveup Thu Jul 21, 2011 8:54 pm

Hi ya'll!
Just a quick question. I purchased some Dinar about 3 1/2 years ago. I've been following the rate this past year. Kind of bummed that this has been such a "roller coaster ride" of emotions, as some of you have posted. As of right now, thankfully, i'm not in desperate need of funds. However my savings account is dwindling like our economy! I don't have enough Dinar to trade back to make a profound difference...maybe a house payment or two...that's it. Should I give up on this investment or try to hold out for the RV?


inevergiveup
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What to do with my Dinar? (7) Re: What to do with my Dinar?

What to do with my Dinar? (8)bycyklerider Thu Jul 21, 2011 8:56 pm

I really think that you should sell them.....I'll buy them if you want..... What to do with my Dinar? (9)


cyklerider
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What to do with my Dinar? (13) Re: What to do with my Dinar?

What to do with my Dinar? (14)byThewanderingjew Thu Jul 21, 2011 9:12 pm

inevergiveup wrote:Hi ya'll!
Just a quick question. I purchased some Dinar about 3 1/2 years ago. I've been following the rate this past year. Kind of bummed that this has been such a "roller coaster ride" of emotions, as some of you have posted. As of right now, thankfully, i'm not in desperate need of funds. However my savings account is dwindling like our economy! I don't have enough Dinar to trade back to make a profound difference...maybe a house payment or two...that's it. Should I give up on this investment or try to hold out for the RV?

I say hold on to them. In the chance that all the hoopla actually materializes, you'd wish you had kept it. If it doesn't, so you had to come up with two extra mortgage payments... but you'll get to show the stack of dinars to your grandchildren and give them a HUGE lesson in gullibility.


Thewanderingjew
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What to do with my Dinar? (18) Remember Kuwait?

What to do with my Dinar? (19)bycandi Thu Jul 21, 2011 9:30 pm

Just talk to those people who gave up on Kuwaits RV!! Do you think they are kicking themselves now? Don't give up, ever!! Just What to do with my Dinar? (20) and think positive!! :flower: Candi

What to do with my Dinar? (21)
candi
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What to do with my Dinar? (25) Re: What to do with my Dinar?

What to do with my Dinar? (26)bydinarling77 Thu Jul 21, 2011 9:44 pm

cyklerider wrote:I really think that you should sell them.....I'll buy them if you want..... What to do with my Dinar? (27)

start our own auction

What to do with my Dinar? (28)
dinarling77
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What to do with my Dinar? (32) Re: What to do with my Dinar?

What to do with my Dinar? (33)byHawaii Rainbow Thu Jul 21, 2011 9:49 pm

Definitely hold onto it if it's bills in your hand. One commenter likened it to penny stocks, except the likelihood of payoff is much higher.

What to do with my Dinar? (34)
Hawaii Rainbow
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What to do with my Dinar? (38) Re: What to do with my Dinar?

What to do with my Dinar? (39)byinevergiveup Thu Jul 21, 2011 9:55 pm

Thank you to the serious responses. Much appreciated!
Good Luck to you and your investments.


inevergiveup
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What to do with my Dinar? (43) Re: What to do with my Dinar?

What to do with my Dinar? (44)bypouncer7 Thu Jul 21, 2011 10:51 pm

A friend of mine put it into great perspective. He said, "So what if it doesn't ever happen? I would have blown that money, anyway, on something else!"

What to do with my Dinar? (45)
pouncer7
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What to do with my Dinar? (49) Re: What to do with my Dinar?

What to do with my Dinar? (50)bymabysomeday Thu Jul 21, 2011 10:57 pm

Keep them! Many years ago my father had the opportunity to buy stock in an up and coming company but didn't think it would make it very long. That company was IBM and he is still kicking himself in the butt for not purchasing the stock! What to do with my Dinar? (51)

What to do with my Dinar? (52)
mabysomeday
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What to do with my Dinar? (56) Re: What to do with my Dinar?

What to do with my Dinar? (57)byLen Fri Jul 22, 2011 4:11 pm

Thewanderingjew wrote:

inevergiveup wrote:Hi ya'll!
Just a quick question. I purchased some Dinar about 3 1/2 years ago. I've been following the rate this past year. Kind of bummed that this has been such a "roller coaster ride" of emotions, as some of you have posted. As of right now, thankfully, i'm not in desperate need of funds. However my savings account is dwindling like our economy! I don't have enough Dinar to trade back to make a profound difference...maybe a house payment or two...that's it. Should I give up on this investment or try to hold out for the RV?

I say hold on to them. In the chance that all the hoopla actually materializes, you'd wish you had kept it. If it doesn't, so you had to come up with two extra mortgage payments... but you'll get to show the stack of dinars to your grandchildren and give them a HUGE lesson in gullibility.

just a friendly question.....do you hold any dinar?

What to do with my Dinar? (58)
Len
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What to do with my Dinar? (62) Re: What to do with my Dinar?

What to do with my Dinar? (63)byMatthewR Fri Jul 22, 2011 5:58 pm

Keep it!!! Its just a couple hundred dollars that could be a lot more... Maybe someday... I would rather have a few hundred dollars in it and it not happen then not have any and it happen and hate myself for the rest of my life lol.


MatthewR
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What to do with my Dinar? (67) Re: What to do with my Dinar?

What to do with my Dinar? (68)byGmansaid Fri Jul 22, 2011 8:45 pm

inevergiveup wrote:Hi ya'll!
Just a quick question. I purchased some Dinar about 3 1/2 years ago. I've been following the rate this past year. Kind of bummed that this has been such a "roller coaster ride" of emotions, as some of you have posted. As of right now, thankfully, i'm not in desperate need of funds. However my savings account is dwindling like our economy! I don't have enough Dinar to trade back to make a profound difference...maybe a house payment or two...that's it. Should I give up on this investment or try to hold out for the RV?


Come on now, the rest of us are gutting it out, you can too! Look at your username carefully, what does it tell you? Good things come to those who wait (and wait...and wait...and wait...lol).


Gmansaid
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What to do with my Dinar? (72) Re: What to do with my Dinar?

What to do with my Dinar? (73)bykingdommoney Fri Jul 22, 2011 9:10 pm

inevergiveup wrote:Hi ya'll!
Just a quick question. I purchased some Dinar about 3 1/2 years ago. I've been following the rate this past year. Kind of bummed that this has been such a "roller coaster ride" of emotions, as some of you have posted. As of right now, thankfully, i'm not in desperate need of funds. However my savings account is dwindling like our economy! I don't have enough Dinar to trade back to make a profound difference...maybe a house payment or two...that's it. Should I give up on this investment or try to hold out for the RV?

Look at your name and follow your spirit. I never give up. Why would you be thinking of selling out? Don't do it. And shame on the guy who said sell out and he would buy them. That kind of selfishness needs to be unlawful in our country. Hang on Bro. the end is near...


kingdommoney
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What to do with my Dinar? (77) Re: What to do with my Dinar?

What to do with my Dinar? (78)byhappywelshguy Fri Jul 22, 2011 9:14 pm

Think of this....

If you sold your Dinars back for a house payment or, two, how would that help you in the years to come?

Now when we have an RV and you cash in your Dinars, how will that help you over the years to come?

Personally, The threat of being pulled apart by 4 horses and having a white hot poker stuck in my eye, wouldn't be enough of a reason for me to sell my Dinar.

Hope this helps..

What to do with my Dinar? (79)

inevergiveup wrote:Hi ya'll!
Just a quick question. I purchased some Dinar about 3 1/2 years ago. I've been following the rate this past year. Kind of bummed that this has been such a "roller coaster ride" of emotions, as some of you have posted. As of right now, thankfully, i'm not in desperate need of funds. However my savings account is dwindling like our economy! I don't have enough Dinar to trade back to make a profound difference...maybe a house payment or two...that's it. Should I give up on this investment or try to hold out for the RV?

What to do with my Dinar? (80)
happywelshguy
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Dinar Daily::DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS::DINAR/IRAQ QUESTIONS and DISCUSSIONS

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What to do with my Dinar? (2024)

FAQs

How to get rid of Iraqi dinars? ›

The best place to sell Iraqi dinars for USD is through a reputable online currency exchange service. These services typically offer the best exchange rates and the most convenient way to sell your currency.

What to do with Iraqi dinar? ›

In simple terms, it's the same as investing in any other currency. You purchase a certain amount of Iraqi dinar (IQD) by paying the equivalent amount of U.S. dollars (USD). As with buying stocks, bonds, or other currency, when investing, you purchase dinar at a given price and then expect the price to rise.

Do any banks exchange Iraqi dinar? ›

Legitimate forex exchange in the USD/IQD currency pair is practically non-existent. Major banks do not offer trade-in Iraqi dinars. IQD is only available for purchase or sale by selected brokers or money exchangers, who may or may not be legally authorized.

How much is $100 US in Iraqi dinar? ›

Download Our Currency Converter App
Conversion rates US Dollar / Iraqi Dinar
100 USD131,000.00000 IQD
250 USD327,500.00000 IQD
500 USD655,000.00000 IQD
1000 USD1,310,000.00000 IQD
8 more rows

Can I sell my Iraqi dinar to USD? ›

You can buy or sell Iraqi Dinars at competitive rates via our registered, licensed, and federally regulated currency exchange services.

How do I get rid of unwanted foreign currency? ›

You may have found you cannot exchange foreign coins and low denomination banknotes at banks and bureau de change. Which means you're left with worthless currency. This currency need not go to waste – we work with charities, businesses, banks and public sector organisations to exchange foreign coins and banknotes.

What is the prediction for the Iraqi dinar? ›

The Iraqi Dinar is expected to trade at 1302.45 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 1313.36 in 12 months time.

Are dinars worth anything? ›

The new Iraqi currency's rate is currently stands at 1,955 Dinar to one US dollar. A 10,000 Dinar note is worth approximately $5 US. To give you an idea of what 10,000 Dinar can buy, here are a few examples. Iraqis can buy a pair of child's shoes for 10,000 Dinar, 2 pounds of bananas for $.

Does Bank of America take Iraqi dinar? ›

Bank of America, N.A. does not buy or sell Iraqi dinar banknotes or Vietnamese dong banknotes, and currently has no plans to offer this service in the future. You may have read on the internet or heard from friends that Bank of America, N.A. buys and sells these banknotes, or has plans to offer this service.

Does Chase Bank buy Iraqi dinar? ›

Does Chase Bank buy or exchange Iraqi dinar (IQD) currency? JP Morgan Chase (JPMC) does not buy, sell, or exchange Iraqi dinar (IQD) banknotes and currently has no plans to offer this service in the future.

How much is $1000 USD in Iraqi dinar? ›

1,310,000.00000

Where can I use dinar? ›

Dinar. Today the dinar is the main currency in eight countries formerly belonging to the Ottoman Empire: (from west to east) Algeria, Tunisia, Libya, Serbia, Jordan, Iraq, Kuwait, and Bahrain.

How to convert dinar to dollar? ›

1 IQD To USD Convert Iraqi Dinar To United States Dollar
  1. 1 IQD = 0.000766 USD Aug 17, 2024 06:15 UTC. Send Money. Check the currency rates against all the world currencies here. ...
  2. 0.000766 United States Dollar. 1 IQD = 0.000766 USD. 1 USD = 1,305.483028721 IQD.

What's happening with the dinar? ›

ERBIL, Kurdistan Region - The head of the Iraqi central bank on Sunday announced that all transactions inside the country will only be made using the Iraqi dinar in 2024, as the value of the currency against the US dollars continues to be much lower than the one set in the federal budget.

What is 1 million dinar worth in US dollars? ›

Options
IQDUSD
coinmill.com
200,000152.24
500,000380.60
1,000,000761.19
14 more rows

Does Wells Fargo exchange Iraqi dinar? ›

No, Wells Fargo does not buy or sell Iraqi dinar, Vietnam dong, or Zimbabwe dollar.

How much is $500 dollars in Iraqi dinar? ›

Download Our Currency Converter App
Conversion rates US Dollar / Iraqi Dinar
500 USD655,000.00000 IQD
1000 USD1,310,000.00000 IQD
2000 USD2,620,000.00000 IQD
5000 USD6,550,000.00000 IQD
8 more rows

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