Read this before you part with any of your hard earned currency for something worth WORSE OFF than the Indonesian Rupiah.It's like you paying for worthless WW2 German Marks or Japanese War Notes.
I'm no expert, but putting your money on IQD is worse off than IDR
*(Indonesian Rupiah), and you are right to judge me. I've been in the
military services and been there when conflicts start as I've dedicated
my life towards humanity, being in the medical services.
Why I compare IQD to IDR? IDR has a PROPER GOVERNMENT! IQD don't even
have proper support in the world. In respect, If you buy IDR and go to
Indonesia, you can at least go and spend those millions and billions
(milliar)of Rupiahs, heck you can even buy a house in Singapore
Supported FTZ BATAM ISLAND off the Riau Islands, which is just 10KM
offshore. For something worth SGD15,000 *( 90.000.000Rp / 90 Million
Rupiah) [even at black market/money changers] , you can buy a small
house and live there. You can't even do anything with 90 Million
Dinars; Unless you want to risk your life and go and live in IRAQ to
make use of those DINARS. You are very likely to be shot on sight by
the Shites or Sunnis or Terrorists.
Please, heed my advise. It's more of a scam in the IQD. This is worse
off than someone trying to sell you GreenBelt Land in hope of Planning
Permission to Built a home. If you have those kind of funds, go and put
your money in an Indonesian Bank instead, where some even pay up to 24%
AER interest Gross.You can't even exchange those dinars at a bank. At
least you can buy some decent / nice clothings in Indonesia,
especially with Oil Prices going sky rocket.
Some personal Notes:
I've worked in War torn zones and even to places like East Timor, and Indonesia, and I feel that you are much more better off buying shares in a company at the stock exchange than this 'cos I've seen currencies become worthless like the Japanese Banana War Notes. If you really wish to gamble still, just buy a small token amount YOU KNOW YOU CAN AFFORD TO LOSE. At least you have some if it happens. The odds are IMHO, worse than heading to the bookie shop.
Good luck with your endevours!
please carry on reading at http://www.Xe.Com/iqd.htm for your own sake!!
A community Public Service Announcement by EbayTrust.Info
Guide created: 19/11/05 (updated 23/08/08)


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