by dani
Before UN embargo/ economic sanctions and war, one Iraq Dinars(IQD) = 3,22USD when Saddam lead Iraq, but now 1 IQD = 0.000824674 USD, some people buy this iqd in big amount, they have prediction that iqd will back like in year 1982, if it happens they will get big profit from dinars, do you think so?
Wait a minute, In the present day Iraq have no stable government, many infrastructures damage, civil war everywhere at the cities, and US troops almost dead everyday. Iqd is not open for free trading world market, you can buy iqd from dealers in your country and if you want to sell you can sell in middle east when you go there or your friends go to pilgrim, you cannot sell to your national bank or money changer.
How you can prediction that next year or this year iqd will stable and 1 iqd = 1 USD ?, stable government is the most important to be created in Iraq, if Iraq be safe country all investors will come and rebuild the infrastructures and it need many years.
But if you still want to buy IQD just be carefull, of course sometimes trading get gain sometimes lost. It's trading world ! you have many choice to get good currency for forex trading, just read many liuteratures about forex and surfing internet way.
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