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THE HISTORY OF IRAQI DINAR EXCHANGE RATE. Show related SlideShares at end.
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Jeff Wagner , Retired at None at None. Embeds 0 No embeds. No notes for slide. THE HISTORY OF IRAQI DINAR EXCHANGE RATE 1. THE HISTORY OF IRAQI DINAR EXCHANGE RATEIraqi dinar was introduced in , the Iraqi dinar has replaced by British poundsinto being pegged to the US dollar. As a gesture of independence in , Iraq uncoupled the Iraqi Dinar officiallyfrom the Pound. But Iraqi dinar remained at equality with the pound till thecurrency unit of Britain was devalued in for second time.
The value of Dinar remained same till the war of Iran - Iraq. After the Gulf War in , because of UN sanctions, the formerly used Swissprinting was no more offered.
A fresh, lower quality notes issue was created. Under the rule of Saddam Hussein, Iraq experienced big political and economicalchanges.
The new government however encourages foreign investments and aimsto build its new monetary system. Thus, the value of exchange rate Dinar isexpected to get increased rapidly.
Prepared with many safety features making the currency incredibly hard tocounterfeit, each new note was created in the U. Empire by De La Rue, thebiggest professional protection and anti-forgery papermaker on the globe. The new currency was released in volumes of 50, , , 1,, 5,, 10,and 25, dinars and is portrayed with pictures of Iraqs lifestyle and pre-Saddamrecord. Many economists say that the Iraqi Dinar has the potential to increase itsvalue in the future.
For more information on exchange rate Dinar,exchange rates Iraqi Dinar ,Pleasevisit: Buy and sell iraqi dinar with buy back guarantee. Iraqi Dinar Guru Scam Investigation - Case 1: Central Bank of Iraq Strategic Plan Translated.
IMF Iraq Updates - Translated Central Bank of Iraq Delete Zeros Iraqi Dinar S Us plans to make trillions off the revaluation of the iraqi dinar. Central Bank of Iraq Press Release Iraqi Dinar Banknotes. Start clipping No thanks.
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