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if the answer is yes which currency and what is the respective exchange rate and who should i contact

2006-10-17 05:17:12 · 4 answers · asked by andywookey 1 in Business & Finance Other - Business & Finance

4 answers

It is extremely difficult to change Iraqi dinars into any other currency. I do not know of any bank or currency exchange that will deal in them because there is no demand for them and they cannot make money dealing in them. I suggest selling them to a coin shop as a collectible.
XE.com quotes a rate of about 1680 to the US Dollar, assuming you can find anybody to buy them.

2006-10-20 13:47:37 · answer #1 · answered by F. Frederick Skitty 7 · 0 0

truly. Its called overseas money trading. you're taking one hundred money and modify it to Euros then you actually modify it to Yen and reduce back to US money. definite you are able to make money. right here's your project its a international marketplace, each and every of the currencies are traded 3 hundred and sixty 5 days a year 24 hours an afternoon. No you cant locate a loophole the position in case you turn it into Yen and then to pound then to lira and reduce back to US that can make you money. It ameliorations each and every 2d on the open international marketplace. in one day... sometime. extra money is traded on the overseas money marketplace then all money traded in very nearly 2 months on all US inventory exchanges mixed (Dow, Nasdaq ect). Its round a million.5 trillon money an afternoon. If someone might want to have found out what you imagine you're questioning, it would want to were carried out. ok it is an replace. I see extra the position you're going, you're questioning that once you've one hundred US money you get 50,000 yen for that, 50,000 yen will convey you extra money for pounds in the united kingdom. uk promises three hundred money and those three hundred money are well worth one hundred fifty US money. It doesnt paintings that way. all of them paintings mutually. ****** replace ******** ok I trust SN and that i gave him a thumbs up. he's really accurate notwithstanding it calls for the same volume of possibility as the different funding. What he's speaking about is that some international locations dictate their marketplace fee, no longer the international marketplace on the overseas money replace. he's ideal yet that wasnt your question. enable me clarify slightly extra. shall we are saying the a million year treasury is charging 2% a year. shall we says you're taking that a million year teasury and borrow it adversarial to it at 3% and also you're taking that money and make investments it in a bond which will pay 5% from yet another united states. Is it conceivable? definite it occurs each and every of the time. yet to make both% distinction makes no sense until eventually you're making an investment tens of millions of money. you take advantage of one bond to pay for the different and take the differce, the prospect is that if the different bond will pay. Its called arbitrage.

2016-12-04 22:23:52 · answer #2 · answered by ? 4 · 0 0

At the time of buying foreign currency, it is very important to consider the market price. You must spend some time in finding out about the popular market price going on at the time of sale. If you are looking forward to buy Iraqi dinar exchange currency at the lowest cost, Dinar Dealing can help you for the same. They are the leading dealers working in this field. You can order bundles of Iraqi dinar currency in different denomination according to your requirement anywhere in the world. They ship currency safely worldwide. Contact them for more information on Iraqi dinar.

2014-05-20 04:21:42 · answer #3 · answered by Anonymous · 0 0

You have more chance of catching Osama Bin Laden sat at a dinner table with George W Bush, spoon feeding his poodle Blair as Condeleeza Rice does a lap dance.

2006-10-17 06:29:44 · answer #4 · answered by ? 2 · 0 0

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