2006-12-22 16:36:20 · 3 answers · asked by TenaciousT 1 in Business & Finance ➔ Personal Finance
Considering the potential risks, it might be a good idea to convert your Iraqi dinar into Euros or US Dollars and hold them for a while. Any appreciation of the dinar will also mean that the situation has improved, and the US Dollar might go up in relative value as well. There is also the possibility that the dinar will be revalued or otherwise replaced, in which case, holding dollars or euros would be a better option.
2006-12-22 17:19:38 · answer #1 · answered by oakhill 6 · 0⤊ 0⤋
Did you fall for the scam where you buy Iraqi currency? If you haven't, don't. If you did, consider it tuition for your financial education. There's no way to make big money fast. You're better off in a casino. You literally have a better chance there.
2006-12-23 15:54:34 · answer #2 · answered by Big R 6 · 0⤊ 0⤋
it's hard to say, depends on what shape the country is left in, who governs it and will resurgence strike back.
It's too volatile...put your money elsewhere.
If it stabilises, the n it should go up.
2006-12-23 01:00:09 · answer #3 · answered by Anonymous · 0⤊ 0⤋