The new Iraqi dinar guru has been in circulation for quite some time now and is widely used by all parties in Iraq.
The new dinar incorporates many of the features of the previous,
such as printing on it in Arabic and also contains a central government logo which is a depiction of an elephant. However, the new dinar differs to the prior in many ways.
dinar guru Iraqi dinar
One of the biggest changes is the addition of a dinar for a standard citizen.
Previously, the only legal currency was the dinar.
Any purchasing or selling was done through the dollars.
The new dinar, in addition to the previously mentioned logo,
is imprinted with a portrait of Saddam Hussein. Dinar guru iraqi dinar
This shows that the new dinar is in partnership with the former Iraqi regime and is endorsed by the former regime.
Another big change to the dinar is its inclusion of many foreign currencies.
Previously, only the major currencies were accepted, which included the pound,
the euro, the Japanese yen and the US dollar.
The new dinar includes twenty-four different currencies,
which include the Euro, the Australian dollar, the Swiss franc, the Canadian dollar, the Chinese currency,
the Turkish lira, and the Iranian rail.
In addition to this, there are numerous new features that are implemented into the new dinar. For instance, there is the new exchange rate system.
Prior to this there was only one exchange rate set,
which was completely based on the dollar.
After the new system was implemented,
the rates for the different currencies fluctuated wildly and were often outrageously high. Now, the rates are fixed and rarely ever go above and beyond that.
The new dinar also contains many features not available on the prior currency. For example, there is now a debit card associated with the new dinar.
Any purchase made using the card is done with real cash.
Also, if you wish to exchange the old currency back into the new one, you do not have to visit the bank.
Instead, all you need to do is go to the government website, log on, and follow the simple instructions provided.
Overall the new Dubai government website is very useful for anyone who is interested in purchasing a United States Of Arab Emirates Iraqi dinar.
They provide easy access to the financial resources necessary to purchase property, as well as help educate buyers and sellers about local laws.
If you have been thinking about investing in the Middle East, or anywhere else in the world for that matter, the time is now to get started
The value of the new dinar, coupled with the stability and financial resources available through the government, make it a great investment.