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Is IRAQI DINARS (IQD) worth your money??

by: azrin619( 71Feedback score is 50 to 99)
178 out of 229 people found this guide helpful.
Guide viewed: 6757 times Tags: Iraq Dinar | IQD Saddam Dinar | Iraqi Dinar Scam | Singapore | Indonesia


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 ID: 10000000000067652Guide created: 19/11/05 (updated 23/08/08)

 
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