If youre interested in buying and selling foreign currency, you may be interested in learning more about the dinar trade. The Iraqi currency known as the dinar began its initial circulation in 1932. Starting in 1947 the Iraqi dinar banknotes were released by the National Bank of Iraq, and after 1954 the Central Bank of Iraq took over that task. Until 1959 the Iraq currency was equal in value to the British pound.
Today, Iraqi dinars are still readily available as a prominent form of currency, and dinar trade continues. The Central Bank of Iraq released a banknote denomination of 10,000 dinars specifically for bigger “inter bank transactions” in 2002. The denomination of of 500 dinars came out in October of 2004.
Though this serves as a basic overview of the Iraq dinar but you may have additional questions and comments for fellow readers concerning the dinar trade, Iraqi dinar exchange rate and Iraqi dinar investment. There are other issues to consider as well, such as dinar resell value, or RV. The comment section is below for your convenience. The topic in general is a broad one, and community discussion can be helpful.
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