How can I follow the changing value of the New Iraqi Dinar?
8. Why can’t I buy Dinar at the current rate that is listed at the Central Bank of Iraq? That rate is only available to institutions in Iraq or to account holders at banks over there. We do not even get it at this price. This is because our business partner takes his profit out of the difference. When you purchase Dinar from our partner, you are basically paying them a convenience fee for bringing the Dinar to you. 9. What if Iraq decides to change their currency again? It is very expensive for a country to change its currency and there are no indications that this will ever happen again. The New Iraqi Dinar has been very well received by the people and has unified the country under one currency. Many people in Iraq are proud of their currency as it reflects a lot of great history and strength in Iraq. The New Iraqi Dinar is also a reminder to the people that Saddam is now out of their daily lives. In 2004, they started making smaller denominations and coins to cater for the continual
