Exchange Rate
The Iraqi dinar exchange rate fluctuates daily and is updated by the Central Bank Of Iraq every half hour, yet it does remain fairly constant throughout the day. If you are trading currency, buying Iraqi Dinar or involved in Forex currency trading with the dinar, it is essential that you have constantly updated information so you can stay on top of all your trades.
We offer the dinar exchange rate chart below for your reference to keep abreast of the current dinar news.
*Please make sure you know the exact rate of the currency of the Iraqi Dinar before you make any Forex trades or purchase ay dinar for investment purposes. We offer this chart only as a courtesy and are not responsible for its accuracy.
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I and another investor have purchased Iraqui Dinar and because of the banks
not trading in it, my partner is concerned about its lack of liquidity. Are there
any banks in San Francisco or San Jose that we could exchange dinar for dollars
at this time?
Hope to hear from you soon on this matter.
Victor Garcia
Victor,
I don’t really know about banks in San Francisco exchanging dinars because i live in Florida. But it is my understanding that banks don’t do this because there isn’t an internationally established exchange rate yet. Your best bet is to either find a local dealer or to sell them on eBay.
Bank do deal in currency exchange it just depends on the bank the have a buy and sell rate. The sell rate is usually higher than the buy rate.
I bought 5,000 iraq dinar several years ago, cannot find rate of exchange, or what bank will exchange my 5,000 investment
Victor,
The other thing that would be sensible to do is to just open a savings account with an Iraqi bank and have it held inm Dinar. That way, you have almost instant liquidity and my account earns 7% interest annually as well as the increase if the exchange rate is favorable.
i will buy dinar for dollars..call 408-823-5465
So where in the united states ( Florida) do we go to open an Iraqi bank account for my dinars?