How to Invest Iraqi Dinars

The Iraqi Dinars is continually growing in popularity, especially since the investment growth potential is so great; this country has an abundant oil supply and a list of other natural resources that makes an investment in the Dinar that much more appealing to investors. It is no secret that oil is increasing in value and the Iraqi government is strengthening each day as they continue to make steps towards rebuilding and restoring their economy. There is a lot of skepticism from those you believe that the Iraqi Dinar is an over-hyped investment that will possibly not yield a great return if any return at all. Then there are the optimistic investors that are certain that investing in the oil Mecca of the world will yield a very profitable investment as the government and economy begins to flourish.

Things You'll Need

  • Distributor
  • Funds
  • Safety Deposit Box
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Instructions

  1. How to Invest Iraqi Dinars

    • 1

      Research an Iraqi Dinar distributor online. There are so many distributors today and researching them is an important step in choosing a distributor who is most reputable and has proven customer satisfaction.

    • 2

      Choose your method of payment. The funds are usually sent via a personal check, wire transfer, or money order; payments will vary from seller to seller. Once the distributor receives your U.S. funds in the method agreed upon, they will then send you the Iraqi Dinar in the amount agreed upon. For example, if you want 1 million Dinar, and they charge $850 U.S dollars per million Dinar, you should receive the currency amount agreed upon.

    • 3

      Protect your investment. The Dinar is an investment and should be treated like your regular currency and put into a safe of some kind. Some banks offer safes where valuables can be stored, or you can purchase a safe to keep in a secure place in your home. Ask your bank if they offer these services if you are not comfortable placing your investment in your home.

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