Is Iraqi money worth anything?

The U.S. Treasury lists the dinar as worth nothing. Collectors think otherwise. While low-denomination Saddam notes have some souvenir value, prices are far higher for older Iraqi currency, said Audrius Tomonis, a currency collector who runs the website

How much is a dinar to a dollar?

Currency ConverterDinar to Dollar – IQD/USDInvert

ع.د $
Exchange Rate 1 Dinar = $0.0006861 Dollar
Date: Bank Commission +/- 0% +/- 1% +/- 2% (Typical ATM rate) +/- 3% (Typical Credit Card rate) +/- 4% +/- 5% (Typical Kiosk rate)

Is Iraqi Dinar ever going to revalue?

The Central Bank of Iraq (CBI) has confirmed its commitment to a stable foreign exchange rate for the Iraqi dinar. According to a statement from the bank, “the dollar exchange rate is fixed and there are no intentions to change.”

Is Iraqi dinar ever going to revalue?

How do I sell my Iraqi dinar?

Sell your dinars to banks. There are several banks in the Middle East that will purchase dinars. Three of these banks are the Central Bank of Iraq, the National Bank of Jordan, and the National Bank of Kuwait (see Resources). You will need to contact the banks directly and discuss their policies and procedures.

Is it legal to sell Iraqi dinar?

It is illegal in the U.S. and most other major economies to market an investment without appropriate securities registration. The scammers get around this requirement in two ways. First, it is technically legal to sell hard currency for its numismatic value.

What is the national currency of Iraq?

The Iraqi dinar is the current official currency in Iraq and is abbreviated in the international money markets as IQD.

Does Bank of America buy and sell Iraqi dinar?

Bank of America, N.A. does not buy or sell Iraqi dinar (IQD) banknotes, and currently has no plans to offer this service in the future. You may have read on the internet or heard from friends that Bank of America, N.A. buys and sells Iraqi dinar banknotes, or has plans to offer this service.

Does Wells Fargo Bank Exchange Iraqi dinar?

Most of the major US banks will have the ability to convert your Iraqi Dinar for US dollars. Some examples are Wells Fargo and Bank of America. Banks will exchange the money based on what the current exchange rate is between the two currencies .

What is the bank of Iraq?

The Iraqi Central Bank is the national central bank responsible primarily for managing monetary policy and supervision of the financial system in Iraq.