hammy Posted February 9, 2011 Report Share Posted February 9, 2011 http://www.usatoday.com/money/perfi/columnist/krantz/2011-01-11-iraqi-dinar_N.htm Q: How can someone track the value of the Iraqi dinar currency, and it a good investment? A: During a time some investors are losing faith in major currencies and buying gold for protection, many readers are asking about the Iraqi dinar. After the defeat of Sadaam Hussein, the Iraqi dinar has been a constant target of speculation by investors wondering if the currency could be a source of quick riches. Speculating on the currency of a defeated nation goes beyond the scope of this column. This is a place to discuss long-term investment strategies, not speculation. After all, horse racing and gold mining aren't covered here either. Investing in the Iraqi dinar is a huge gamble, and one in which you should be prepared to lose all your money. BEST STOCKS IN 2011? Tips from our Investment Roundtable VIDEO: Investment pros share their top stock picks With that said, there is a value for all investors to know how to look up the current and historical values of obscure currencies, such as the dinar. You can get the latest value of a variety of currency at USATODAY.com's currency page and currency converter calculator. Foreign exchange trading and currency information website oanda.com provides tools, for free, to investors who want see the value of a currency and track its historical movements. It's easy. Just start at Oanda's historical exchange rates page. Enter the currency you'd like to convert from and the currency you'd like to convert to and provide a time frame. Click the Get Table button and you'll get access to all the historical information you're looking for, even on a smaller currency like the dinar 1 Link to comment Share on other sites More sharing options...
gregp Posted February 9, 2011 Report Share Posted February 9, 2011 it's kinda like betting the odds on george Forman to win the "ice skating" championship. If it hits, we will hit it big! Link to comment Share on other sites More sharing options...
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