How to Purchase Iraqi Currency Online

How to Buy Iraqi Dinar Safely Online

purchase iraqi dinar

Originally Published on: 3/23/2016

The Iraqi Dinar People – Checking on the Status of the IQD RV

In this article, we will be discussing where to buy Iraqi Dinar and what steps you can take to safeguard your investment.  For starters, and this might sound like something everyone knows, you should check the Better Business Bureau for scams related to the Iraqi Dinar.

As you can see, the Iraqi Dinar was on the list of top scams for 2013, which should come as no surprise to many of us in the dinar community.  Now, let’s discuss the dinar gurus first.  You have guys like TNT Tony, and others like Adam Montana, Okie and more, all promoting the buying of Iraqi Dinar on their respective websites.  The only site that does not tell you to buy from them has to be the Nick G (Nick Giammarino) site Global Currency Reset.  He has written an excellent article complete with a chart showing how much Iraqi Dinar companies charge versus the street rate, or what you could call the “official IQD rate”.

One thing he mentions in his article is that you should check Amazon, and eBay because they might have better prices.  We are here to serve the people and we have done Iraqi Dinar scam research and found that his statement is mostly true.  Here are some problems though: The Amazon prices don’t update much and the eBay sellers can overcharge for shipping.  Now, onto the good.  Nick proposes that people only purchase what they can afford to lose.  This might seem like common sense, but with Iraqi Dinars, everyone wants to get you to buy as much as you can, not Nick.  He said to “buy what you can afford to lose” and he means it.  Here is the Nick Giammarino article on where to purchase IQD which we suggest you definitely read.

Another thing we discovered is that most of the dinar companies have dinar calls, meaning that you might think you are listening to an dinar intel conference call, but what you are really listening to is a dinar pumper, someone who wants you to run out and buy Iraqi dinar as soon as possible.  We believe that the best thing you can do is really do research on any investment you are thinking about jumping into.  The Iraqi dinar is one of those investments that you need to be cautious of.  Don’t make the mistake of putting all of your eggs in just one basket.

Iraqi Dinar Revaluation Discussion

Iraqi Dinar Revaluation

Watch the movie above to learn how one man was suckered into the whole revaluation scam with the IQD.  I hope this video helps to wake you up.

The biggest problem with investing in the Iraqi Dinar is time, it might take a long time for Iraq’s currency to RV, or revalue as we know it, but it’s anyone’s guess what the new rate will be.  I don’t even think we will see ten cents, one cent or half a cent if it did revalue.

Make sure that you do not buy dinar options or reserves.  If you are going to buy dinar, buy the real physical currency, not a piece of paper telling you that someone has it in the vault ready to go.

All in all, we just want you to note that yes, you can invest in the dinar, but make sure you don’t spend too much money on it.

Here are some recent court documents related to the Iraqi Dinar:

Sources include Scoopit – Iraqi Dinar
Future questions to be answered:
  • What will the value of the new rate be?
  • What about the news coming out of the Central bank of Iraq?
  • When it comes time to exchange, where do I go?
  • Is there any dinar guru I should listen to?
  • Where can I find the best news updates on the currency?

These questions and more will be answered in a future article.