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The new Iraqi dinar was published in early 2003. After the fall of Sadam Husain’s government. All the notes were rolled back and new notes were issued. Today many people believe that investing in Iraqi dinar is a good investment and it is the easiest way of creating a great amount of profit which is legal.

The stats also tell us that Iraqi dinar has gained its value since 2006. In 2006 the exchange rate was 1475 dinars to a dollar. It means if you have a dollar you can buy 1475 Iraqi dinars for it. This figure dropped down to approx. 1175 dinars for a dollar in 2012. So it means that the Purchase Iraqi Dinar has gained 20% value since 2006 and it is continuously showing an upward trend.

Before USA attacks the Iraqi dinar was being traded at $1 USD to 3 dinars. The war in the Iraq is over and now the American troops are also being departure from the Iraq so it is a good sign. Iraq is rebuilding which will help in stabilizing the economy and government and the situation of peace is getting better so that’s why many investors are looking forward to invest in the Iraq. Some big oil companies are also trying to get the contract so that they can explore some new oil resources.
Many technical analysts believe that after the revaluation of the currency there is a great probability that Iraqi dinar will touch 3 Iraqi dinars for a dollar. That’s why we have seen such a great hype in purchasing the Iraqi dinars people consider it a pretty good investment.