Forex IQD to USD exchange rate Nov, 2020 - Iraqi Dinar ...

Is Iraqi Dinar a good bet or bad?

I asked this on investing but didn't really get much feedback. I didn't know this sub existed or i would of came here first.
My brother recently started a new job at the local pizza place and the owner has been talking up the dinar to him for a while. Apparently the owner has at least 10k in dinar and most likely more. My brother recently bought about $800 worth of dinar and wants to get more. My worries are that my brothers boss is hyping up the dinar and my brother is getting bad info from him and letting that cloud his judgement.
Im not an investor and when i tried to do some research into this i felt like i was just spinning wheels. https://www.investopedia.com/terms/forex/i/iqd-iraqi-dinar.asp was the best article i could find. I can safely say that however he's getting the dinar is legit and he's not getting scammed that way. I've read a few articles that claim dinar investors are "just dumb trump supporters" buying into a scheme. Other articles are by "Dinarians" who've been waiting over a decade for something that's coming any day now.
According to the article people are confusing re-denomination with reevaluation and that if Iraq re-denominates then any investment will basically be worthless. I've read some claims from people and my brother has said that if they do re-denominate that they will still come out ahead. Is that possible? How does that work?
Is my brother wasting his money? I cant and wont fault him for taking a gamble on something that could pan out in the future even if it turns out to be a huge loss but if he's going on bad information from his boss (a pizza maker not an investor) who's over-hyping this dinar scheme i wanna stop him before he gets anymore.
Edit: He's buying his dinar online and getting an envelope of 5000 IQD notes. Also hes 19 lol.
submitted by SmokeyBuns to wallstreetbets [link] [comments]

What Foreign Paper to Buy and Hold Short or Long that's Actually Worth it and not a Scam?

Hello Team Forex,
TLDR; What foreign currency, with what event, like war, or troops pull out, or a country's central bank to take over their currency and then revalue and go way up, much like what happened to the Kuwaiti Dinar?
I'm aware of the scams on buying various foreign paper, and I'm also aware of the issue of paying USD for foreign paper, and when you need to cash out, you lose to rate of exchange and inflation of the USD. That your better off at trading online, and doing it within minutes, hours or days at the most.
I know that the idea behind buying the IQD, Dong, Won, Rupiahs, Yuan, and Iranian Rials is that the currency is considered undervalued if not artificially manipulated to be low. And that one day it will be revalued, so if you bought at equivalent of fractions of 0.0001 USD cent, and its revalued at $2.50USD equal at the exchange, then poof you're an instant multi-millionaire.
It's all a matter of the likelyhood, the potential reality, and just when will which one of these undervalued foreign currencies will actually revalue, and enough so as to get past inflation, rate of exchange, and wind up well past break even.
So the question is, looking for one of the foreign currencies I mentioned, what event, like war, or troops pull out, or a countries central bank to take over their currency from a foreign occupier, etc will allow that currency to ability to then revalue and go way up, much like what happened to the Kuwaiti Dinar?
Thank you
submitted by Data_Geek to Forex [link] [comments]

Iran Opens Secondary Forex Market Aiming to Ease Dollar Shortage  IQD Dinar Currency Exchange RV IRAQ NEWS:  IQD Iraqi Dinar Currency Exchange RV - YouTube IRAQ NEWS: VERY ENCOURAGING VIDEO  IQD Iraqi Dinar ... WILL THE IQD GO LIVE ON THE FOREX - DINAR TALK The USD/IQD Foreign Currency Chart Ups and Downs What Does It Mean? Us dollar exchange rate  forex trading  iraqi dinar rate  iraqi dinar latest news IRAQ NEWS LIVE UPDATES!  IQD Iraqi Dinar Currency Exchange RV

During British occupation in World War I, the Indian Rupee was introduced as the first official currency of Iraq. In 1932, the Iraqi Dinar replaced the Rupee at a rate of 1 Dinar to 11 Rupees and was pegged to the British Pound until 1959. The peg was then switched to the US Dollar at a rate of 1 IQD to 2.8 USD. After the Gulf War in 1991, previously used Swiss printing technology was not ... This forex chart for US Dollar / Iraqi Dinar (USDIQD) is updated continuously during market hours. The USDIQD currency charts are available in bar chart and candlestick chart formats to help highlight price trends and price movement. Technical analysts will want check out the technical indicators and studies under the options menu. View the reciprocal forex rates chart Iraqi Dinar - IQD / US ... Welcome to the Iraqi Dinar exchange rate & live currency converter page. The Iraqi Dinar (IQD) exchange rates represented on this page are live, updated every minute within the forex market's ... Forex / IQD / USD. IQD to USD exchange rate Nov, 2020 The Dinar (Arabic pronunciation: [diːˈnɑːr]) (Arabic: دينار, [(sign: د.ع; code: IQD) is the currency of Iraq. It is issued by the Central Bank of Iraq and is subdivided into 1,000 fils (فلس), although inflation has rendered the fils obsolete since 1990. Iraqi Dinar to US Dollar conversion The United States dollar (sign ... Der aktuelle Irak-Dinar/Euro Kurs IQD/EUR - Währunsgrechner für den Wechselkurs von Irak-Dinar in Euro. In finance, an USD to IQD exchange rate is the US Dollar to >Iraqi Dinar rate at which US Dollar to Iraqi Dinar will be exchanged for another. It is also regarded as the value of USD to IQD in relation to another currency. For example, an interbank exchange rate of 114 Japanese yen to the United States dollar means that ¥114 will be exchanged for each US$1 or that US$1 will be exchanged for ... Herzlich Willkommen auf der Seite der Irakischer Dinar (IQD) Wechselkurs (Irakischer Dinar Currency Conversion). Es listet die gegenseitige Umwandlung zwischen dem Irakischer Dinar und andere Top-Währungen und listet auch die Wechselkurse zwischen dieser Währung und anderen Währungen.

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Iran Opens Secondary Forex Market Aiming to Ease Dollar Shortage IQD Dinar Currency Exchange RV

Will The IQD (Dinar) Go Live On The Forex In The Coming Days? Dinar Talk this weekend & Important Announcement. FOREX COMPANY OVERVIEW LOCK IN YOUR SPOT Ended Get Magic 8 Ball https://amzn.to ... IRAQ NEWS: The latest Iraqi news relating to what's happening in Iraq and the Iraqi Dinar investment. Chat with the Dinar community openly and freely without fear of being banned, silenced, muted ... currency exchange,usd to pkr,dollar rate,us currency exchange,us currency exchange rates,us dollar exchange rates,usd to inr,today dollar rate,us dollar exchange rate,us dollar exchange rates ... IRAQ NEWS: The latest Iraqi news relating to what's happening in Iraq and the Iraqi Dinar investment. Chat with the Dinar community openly and freely without fear of being banned, silenced, muted ... The Iraqi Dinar USD / IQD Foreign currency Charts floats between 1182 and 1190. What makes it go up and down?. See the details below: BE SURE TO PURCHASE CUR... This video will get you VERY EXCITED! It contains language we have waited for a loooooong time to hear and finally see it print! Tell your friends to watch t... Iran Opens Secondary Forex Market Aiming to Ease Dollar Shortage IQD Dinar Currency Exchange RV Dinar Chat Voted #1 by Dinarians. Loading... Unsubscribe from Dinar Chat Voted #1 by Dinarians ...

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