Questions

Q: What is the Iraqi Dinar?

A: The Iraqi Dinar is the currency of Iraq. On October 15th, 2003, the new Iraqi Dinar was created to replace the pre-war Saddam currency and to unify the currency used throughout all of Iraq.

The new Iraqi Dinars contain the most up-to-date anti-counterfeit features including: watermarks, a security thread, raised letters, an optical variable ink and other variations to thwart counterfeiters.

Q: Why should I buy Iraqi Dinar?
A:
  • 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 second 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.
Q: Are you a registered company?
A:

Yes, Dinar UK is a reputable registered company with HMRC in the United Kingdom.

Q: When can I expect my Dinar after my order is placed?
A: Your Dinars will be shipped within 24hrs from the time your payment is received. We will send you an e-mail update when your order has been shipped.
Q: How much is shipping?
A: For any order you are going to send by mail in a Cashier's Check or Money Order, the Shipping charge is £30.00 anywhere in the UK. International shipping fees are £40 per order. All US orders will be shipped FedEx and international orders will be shipped U.S. Express mail. DinarUK is not responsible for lost or stolen packages for international orders.
Q: How do I know my Dinar is genuine?
A: The New Iraqi Dinar has been designed to be incredibly difficult to counterfeit. With security features including watermarks, color changing elements, metallic ink, a security thread and an imbedded ultraviolet image, the New Iraq Dinar has more security features than the new US 20 dollar bill. All of our Dinar notes are authenticated with an authentication and counting machine.

Q: What kind of return can I expect?
A: Dinar UK can not guarantee any specific return. However, judging by the increase in market value since the release of the New Iraqi Dinar, and by the value of the Dinar in the past, there is a good possibility that it may increase in value. As with any purchase of currency there is always a risk that the value can go down.
Q: How can I exchange my Iraqi Dinar for USD, GBP?

A: The Central Bank of Iraq has issued licenses to western banks to operate in Iraq. The three banks that are licensed are: National Bank of Kuwait, HSBC Bank, and Charter Bank of England.

Once these banks are operational in Iraq, you can exchange your Dinars through their branches anywhere in the world. Please click here for HSBC's web site.