Links of Interest
- Iraqi Dinar Security Features
- Iraq Fact Book
- Ministry of Defence
- 2006 Investment Climate in Iraq
- British Embassy
News & highlights
Mon, April 25 2011
New Report on Investment in Iraq
Fri, April 22 2011
Iraqi Cabinet Ramps Up Spending as Oil Prices Rise
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Dinar UK is your source for the new Iraqi Dinar. We guarantee that our New Iraqi Dinar notes are 100% authentic and of non-criminal origin. All orders placed on our website will have their price locked in.
We offer multiple currencies and purchasing options including:
All orders shipped within 24hrs GUARANTEED!
Vietnamese Dong is also available at US$80/million.
All of our currencies are in stock and ready to be shipped.
Why buy Iraqi Dinar?
- International Support - Major industrial nations from around the world are present in Iraq, pledging trillions of dollars for reconstruction of the infrastructure, including: power, water, road and highways, IT and phone systems, and health and human services.
- Strong Asset Base - Iraq is the 3rd largest oil reserve holder in the World, with reserves worth over $10 trillion at the current market value.
- U.K. Support - The United Kingdom has pledged billions of pounds, military and civilian support, debt relief and economic ties that will give Iraq the capability to develop its potential as a $70 billion a year economy, second only to Saudi Arabia.
Picture Iraq as a company selling stock. Each Dinar you purchase represents a share in Iraq's bright future. As Iraq recovers from the removal of Saddam Hussein, and starts rebuilding, the countries infrastructure resume production. Boasting the 3rd largest oil reserves in the world, Iraq's economy can only improve. The Dinar will appreciate in value as the oil driven economy booms.
| Exchange Rates | |
| Saudi Arabia | £1 = 6.09 Riyal |
| United Arab Emirates | £1 = 5.97 Dirham |
| Kuwait | £1 = 8,475 Dinar |
| Afghanistan | £1 = 59.26 AFN |
| Iraq | £1 = 1,915 Iraqi Dinars |
The above represents approximate rates as of 2/24/11
Exchange rates are subject to change
The Iraqi Dinar was worth £2.20 before the United Nations embargo that followed Iraq's 1990 invasion of Kuwait.
By August 2002, it was trading at just below 2,000 to the US dollar, and by mid-April 2003 it had slipped to anywhere between 3,500 and 4,000 against the dollar. In July 2003, one US dollar equalled about 1,500 Iraqi Dinars.
Economic life is steadily appreciating in value. Since October 15th, 2005, the start of the Iraqi Currency Exchange (ICE), the new Dinar's worth has risen by 45%.
| Potential Value Increase of a 1 Million Iraqi Dinar Investment | |
| If the value of the Dinar increases to: | The resulting value of your Dinars |
| £0.01 | £10,000 |
| £0.10 | £100,000 |
| £0.20 | £200,000 |
| £0.50 | £500,000 |
| £1.00 | £1,000,000 |