Hi Guys, I worked in Iraq in 2004/5 and took home IQD 2.5 million as everyone was talking about an RV back then. It cost me $750 for 1mil dinar.
Presently Im back working in Iraq on the Mosul dam project.
I often go into Duhok which is a Kurdistan Province, very rich oil area, to buy materials and spend both dinar and dollars, they take both. Dinar is trading a $1= IQD 1250
ie: $20= IQD 25000
Been here 6 months Dinar has got a little stronger as it was IQD1300 to $1.
Have been asking around at various places,big businesses and money exchanges, we talking huge sums of dollars being exchanged back and forth. (Its easier to use dinaar than dollar) and no one can even imgine a RV happening soon.
Im hanging onto my 2.5 mil will exchange them for fresh 25000 and 50000 notes and continue the waiting game.
After all ive had them for 12 yrs under my bed.
Stll believe 1 day it will happen so to wait another 12 yrs is a blink of the eye.
Cheers Chris