Dinar Exchange Rates

If you are looking to buy the Iraqi Dinar as an investment or just as a piece of collectible history, it might make sense to know what the dinar exchange rates are. While some people are hedging their bets on a peaceful Iraq one day and an huge increase in the exchange rate of the Dinar, others are just as excited about owning dinars because of their historical significance.

Some of the more important historical Iraq Dinars are those from the Saddam Hussein era and also from before his time. One of the more popular collectible dinars from Iraq are known as the King Faisal Dinar and they are extremely rare. Of course, collectible dinars such as this are not at all affected by the dinar exchange rate, they are only valued on their numismatic worth.

Most of the time only investors will be interested in the exchange rate, but at the present time the rate has not fluctuated much over the last few years. In fact the rate has stayed pretty much between 1,150 dinar per dollar and 1,250 dinar per dollar since 2006. The price on the street is a little less and may go for as much as 1,500 dinar per US dollar.

The Saddam Hussein Iraqi dinar are still fairly popular for the collector and actually bring more than the exchange rate would allow, but they are obviously no longer legal currency in the nation. However, some people and especially US soldiers who may have fought in either of the Gulf Wars like to collect this particular version of the dinar for its historical significance.

If you are interested you can buy Iraqi Dinar here.