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The New Dinar

Starting October 15th 2003 a new Iraqi currency known as the 'new dinar' began to replace the 'old dinar', and the currency used in the North of Iraq, the 'swiss dinar'. The new Iraqi dinar created a single unified currency that is used throughout all of Iraq. Since the production of the new Iraq dinar, the international demand for the new Iraqi dinar has continued to rise.

Why buy Dinar

Iraq's position as the second largest oil reserve holder in the world, with 95 percent of Iraq's revenue coming from exported oil. Even in the midst of chaos, scandals and physical violence, the Iraqi dinar has managed to appreciate by 25 percent in value. The 'all-time low' of the Iraqi dinar appeals to sophisticated investors. Many Investors are aware that they are buying the Iraqi dinar at a postwar level; therefore, it has captivated a broader spectrum. Anyone can afford buying the dinars, regardless if they are big or small investors.

Dinar security features

Further encouraging the Iraqi dinar demand are the note's security features: watermarks, metallic inks, safety strip, color changing symbol, raised lettering and writing that is only visible in ultra violet light. When there is confidence in any currency, stability and growth are the next to follow.

Dinar Potential

The potential of the Iraqi Dinar is quite high. Many believe that the Dinar's value will stabilize at 1 USD. If this does occur, that means that your $1,090.00 USD purchase will be worth $1,000,000 U.S. Dollars. For more information please read the US Department of State release, released by the Coalition Provisional Authority " Why Invest in Iraq?".

Why Invest in the New Iraqi Dinar

The official currency of Iraq, the New Iraq Dinar, is now at an historic low.
The value of the new Iraqi Dinar increased 25% following the end of combat opertions in July, 2003. Prior to July, the Dinar had slipped to between 3,500 and 4,000 against the dollar then rose to it's current level of approximately 1,500 Dinar to the dollar.
A successful Iraq will bring it’s currency from historic lows to an internationally recognized currency with world value.
America is investing billions of dollars and has committed extended military and civilian resources, all to assure Iraq's success.
Major industrial nations from around the world are present in Iraq, either as military or civilian support, to assist Iraq in establishing a safe, secure and economically sound country.
Many countries, such as Japan, are completely dependent on foreign oil and their presence in Iraq signals the world's confidence in the future for Iraq as a dominant oil producer.
Trillions of dollars have already been pledged for repair and restoration. Reconstruction of the infrastructure including power, water, road and highways, IT and phone systems, and health and human services, has already begun.
A successful Iraq will aid in reducing tensions in the Middle East and assist in bringing stability to oil prices world wide.
Iraq's oil capacity is second only to Saudi Arabia, with a potential $70 billion dollar a year economy.