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Topic: Dinar

	DINAR
		Dinars were occasionally issued at other places in the western caliphate, but no dinars were issued in Persia until, apparently, the year 220/835 in Marv.
		Dinars of the 11th and 12th centuries vary randomly from less than one dinar's weight to as much as five or six times the standard weight (Neàgre).
		This was probably the result of very low minting charges for dinars, which made the monetary value of a dinar coin very close to the commercial value of the gold in it, leaving little margin for the variation in weight which was unavoidable when coins were made by hand.
	www.iranica.com /articles/v7/v7f4/v7f450.html (2384 words)

	Dinar - Wikipedia, the free encyclopedia
		A 25,000 Iraqi dinar note printed after the fall of Saddam Hussein.
		The dinar is the currency unit of various countries, most of them Arabic-speaking or once part of the Ottoman Empire.
		The word 'dinar' (دينار in Arabic and Persian) is derived from denarius, a Roman currency.
	en.wikipedia.org /wiki/Dinar (114 words)

	Boston.com / News / Nation / Views are mixed on reasons for new Iraqi dinar's vigor
		One dinar was worth close to 2,000 per dollar when the new notes -- which depict Iraq's important scientific contributions, history, landscape, and economic life -- entered circulation.
		Some Iraqis said this was the biggest same-day change in their currency's value since late 1995, when the dinar strengthened as the United Nations prepared to relax the economic embargo then in effect against Iraq.
		As the dinar has grown stronger, more people have shifted their savings from dollars into dinars in expectations of a further increase in value.
	www.boston.com /news/nation/articles/2004/01/16/views_are_mixed_on_reasons_for_new_iraqi_dinars_vigor?mode=PF (539 words)

	E Z P M G . N E T - Investing in the Iraqi Dinar (Site not responding. Last check: 2007-10-06)
		They think the dinar is undervalued compared to the dollar and they expect the dinar to rise in the medium and long term," said Mohammad Hassan al-Jashmae, who runs a currency exchange firm.
		Bankers say that by pushing the dinar to around 1,500 to the dollar, Iraq's central bank has attained its initial target to bolster the local currency, a step towards beefing up the incomes of state employees whose salaries are now paid in dinars.
		The dinar is also being helped by a glut of dollars in the market from U.S. Army payments to contractors and thousands of Iranian Shi'ite pilgrims visiting the country's religious shrines, along with the sales of dollars by speculators.
	www.ezpmg.net /reuters.html (623 words)

	Dollar or Dinar? - Mises Institute (Site not responding. Last check: 2007-10-06)
		The plan seemed to make sense; with the government of Iraq imploding, it was believed that the dinar would disappear with it, to be replaced by dollars, and at first glance that is what looked to be happening.
		That led to the stunning result that the dinar grew in value as the dollar fell, and all the firepower in the world couldn't stop it, at least it has not yet.
		The dinar rose because it still worked to facilitate exchange, and, without a central bank, it was suddenly protected from inflationary pressures.
	www.mises.org /fullstory.aspx?control=1217 (1275 words)

	New Iraqi Dinar Conversion Process from CPA
		The 250 dinar denominated banknotes were printed by the Baghdad mint, under the supervision of the manager of the central bank.
		Bremer stated that the so-called "print" dinars in circulation in most of Iraq, nor the formal national currency (or "Swiss" dinar) still used in some parts of the Kurdish North were suitable for the new Iraq.
		The bills nicknamed “Swiss dinar” either because of their relative stability and strength or because it was made in Europe, depending on the account.
	www.iqdclub.com /pages/2 (4201 words)

	Iraqi dinar gaining value -DAWN - Business; 02 January, 2004 (Site not responding. Last check: 2007-10-06)
		"From three paisa, Dinar's value can go to six paisa next fortnight and to nine paisa by next month," he went on with his marketing drive and was confident of converting Rs35,500 into Rs71,000 by middle of this month and to more than Rs100,000 by early next month.
		Speculative trading in Iraqi dinar is reported to be going on in local currency market for last several weeks but picked up momentum after Saddam's arrest on December 14.
		Dinars are pouring in billions and may be in trillions every day from Dubai to meet the mounting demand of speculators in Pakistan.
	www.dawn.com /2004/01/02/ebr3.htm (622 words)

	A Crude Peg for the Iraqi Dinar: Jeffrey Frankel
		Given instability in the region and the absence of credible institutions, the Iraqi dinar requires an anchor of considerable credibility.
		A second big drawback of fixing the dinar to the dollar would be the introduction of gratuitous volatility when the dollar fluctuates against other leading currencies.
		Or, what is almost equivalent, define the value of the dinar as one-third of a dollar plus one-third of a euro, plus one-hundredth of a barrel of oil.
	www.ksg.harvard.edu /news/opeds/2003/frankel_dinar_ft_061303.htm (841 words)

	Wired News: Dinar Brokers Boom in Iraq Chaos
		Demand for dinars surged in the run up to the June 30 handover of power from the U.S.-led Coalition Provisional Authority to the Iraqi interim government, said Marshall Donnerbauer, owner of the website Investindinar.com.
		Given that the Iraqi dinar is not yet traded on major global currency exchanges, there's no guarantee that buyers of the bills will be able to easily sell them.
		Burbank, for his part, is exploring the possibility of adding the Iraqi dinar to one of several established, private networks for forex, or foreign currency trading.
	www.wired.com /news/business/0,1367,64565,00.html (1028 words)

	Gold Dinar Coins
		It is not intended that there should an actual gold dinar coin, or that it should be used in everyday transactions, the gold dinar would be an international unit of account for international settlements between national banks.
		Although we have seen a claim that the first gold dinars was issued in 1992, we do not know of any such Malaysian coin, although we believe a private company may have issued their own unoffical version.
		The word dinar derives from the latin word denarius, which was actually a silver coin, and the origin of the "d" in the British "£.s.d" system, abbreviations for the latin words libra, solidus, and denarius.
	www.taxfreegold.co.uk /golddinar.html (635 words)

	The Benefits of the New Iraqi Dinar - Council on Foreign Relations (Site not responding. Last check: 2007-10-06)
		In contrast, the 250 dinar note (worth between a dime and a quarter) has not only continued to circulate, it has also appreciated in value relative to both the dollar and the 10,000 note.
		The Saddam dinar could have been replaced with the dollar, the pound or the euro or a new dinar that was permanently tied to the dollar (or another anchor currency) through a currency board.
		Iraq would gain in the long-run if the dinar, not the dollar, is an accepted store of financial value and the unit of account in the financial system, not just the currency used for small everyday transactions.
	www.cfr.org /publication.html?id=6203 (1651 words)

	USATODAY.com - Investors in new Iraqi dinar spur thriving Web trade (Site not responding. Last check: 2007-10-06)
		Iraqis are serving dinars — and investors are flocking to the table.
		The new Iraqi dinar, introduced in October, is now virtually worthless: It takes 1,460 dinars to equal $1, according to Bloomberg financial news service.
		Unlike the worthless Saddam-era dinars, new dinars are difficult to counterfeit.
	www.usatoday.com /tech/news/2004-08-03-dinars_x.htm (518 words)

	Asia Times - Malaysia, Iran bank on dollar alternative
		KUALA LUMPUR - Malaysia's efforts to use the gold dinar for trade with Iran is Prime Minister Mahathir Mohamad's latest initiative to overhaul the international financial system, which he has long criticized as being skewed toward rich countries and speculators.
		The gold dinar was the currency of the Muslim world until the collapse of the Ottoman Empire in 1924.
		He added that an initial fallout of the scheme would be that countries using the gold dinar would use fewer US dollars in their international trade - and this would lead to the further weakening of the US currency.
	www.atimes.com /atimes/Southeast_Asia/EG04Ae03.html (1017 words)

	Jordanian dinar - Wikipedia, the free encyclopedia (Site not responding. Last check: 2007-10-06)
		The Jordanian dinar (ISO 4217 code JOD) is the Official Currency of the Hashemite Kingdom of Jordan and the first official one in the State of Palestine.
		Coins in circulation are: 5 fil (1/2 piastre), 10 fil (1 piastre), 25 fil (21/2 piastre), 50 fil (5 piastre), 100 fil (10 piastre), 1/4 dinar, 1/2 dinar, 1 dinar
		Banknotes in circulation are: 1/2, 1, 5, 10, 20, and 50 dinar [1] (http://amman.hyatt.com/ammgh/location/currency.html)
	www.sterlingheights.us /project/wikipedia/index.php/Jordanian_dinar (217 words)

	DayStar Trading, Inc. Dinar (Site not responding. Last check: 2007-10-06)
		On October 15, 2003, the new Iraqi Dinar Banknotes were launched by the Central Bank of Iraq in cooperation with the Coalition Provisional Authority in the denominations of 50, 250, 1000, 5000, 10000 and 25000.
		The price of the Iraq Dinar was 33 cents a piece before the war and $3.35 before sanctions were imposed.
		Purchasing the Iraq Dinar could not have come at a better time, and with the security that your currency is already in the homeland, there is no need to wait 15 to 20 days to receive your dinar, Be smart, purchase your dinar with a trusted source.
	www.golddinar.co.uk /index_ds.htm (477 words)

	Bullish on the Dinar
		Burbank is the dinar man. A 48-year-old former Navy SEAL with a middle linebacker's physique, Mr.
		Burbank tells customers that the Saddam-era dinar traded at three to the dollar before U.S. troops invaded last year and was valued at more than $3 before sanctions were imposed in 1990.
		He says he's amassed 100 million dinar at a cost of nearly $90,000 and continues to plow as much of his profits as he can into the currency, believing that as the country gets its footing and oil starts freely flowing, a big currency rally awaits.
	www.thesilber.com /dinar (1108 words)

	E Z P M G . N E T - Investing in the Iraqi Dinar (Site not responding. Last check: 2007-10-06)
		The new Iraqi dinar was introduced on October 15, 2003.The new dinar has now replaced the older notes that were bearing Saddam Hussein's image.
		One old dinar is exchanged for one new dinar, and one "Swiss" dinar is exchanged for 150 new dinar.
		The Iraqi Dinar Banknote series are available in the denominations of 5000, 10000 & 25000 and were launched by Central Bank of Iraq.
	www.ezpmg.net /history.html (191 words)

	Iraqi Dinar
		Iraqi Dinar facts, what you need to know, how to spot counterfeit dinars and what it should cost you is what you'll find here.
		Counterfeit Dinars are big business and you need to know how to spot fake dinars.
		It's the new Iraqi Dinar issued by the Central Bank of Iraqi on October 15, 2003 that investors are buying.
	www.iraqidinar.org (817 words)

	AboutDinar.com, Iraqi Dinars :: View topic - Speculators pounce on Iraqi dinar in hope of gains
		Mr Usman says he’s already recovered his initial investment on the dinar since he bought it when it was selling for 3 paisas to one Iraqi dinar compared to the current rate of around 6 paisas.
		The dinar has been hovering around the level of 5.5 to 6 paisas against the rupee but had shot up to 9 paisas earlier this week on account of short supply.
		Currency dealers say the interest in the dinar amounts to “panic buying” and is at a far greater scale than the mild speculative interest seen in the Afghani.
	www.aboutdinar.com /viewtopic.php?t=39 (748 words)

	AboutDinar.com, Iraqi Dinars :: View topic - What is Iraqi Dinar
		Despite the collapse in the value of the Iraqi Dinar, the highest denomination printed until 2002 was 250 Dinars.
		In 2002 the Central Bank of Iraq issued a 10,000 Dinar banknote to be used for "larger, and inter-bank transactions".
		A 500 Dinar note was issued in October 2004, and notes of 25, and 100 Dinars are anticipated.
	www.aboutdinar.com /viewtopic.php?t=27 (405 words)

	Northlanders Trading - Buy New Iraqi Dinar (Site not responding. Last check: 2007-10-06)
		The price of the Dinar was 33 cents a piece before the war and $3.35 before sanctions were imposed.
		Dinar can currently be purchased (call for current rates 218-832-3408), and its future value will vary depending on the livelihood of the middle eastern economy, specifically oil prices.
		The Dinar has already doubled in the last few months and continues to rise (Forbes).
	www.northlanders.com /dinar_info.html (303 words)

	Speculators pounce on Iraqi dinar -DAWN - Business; April 9, 2003 (Site not responding. Last check: 2007-10-06)
		There are two main versions of Iraqi dinar available in the local market — Ghorawala and Saddamwala (the one showing a picture of a horse on its front and the other showing a picture of Saddam Hussain).
		Whereas some leading currency dealers claim that Iraqi dinar is traded physically — and by almost all money changers — many others say this currency is hardly traded physically and is often used in book keeping only.
		They say that not only the old speculators have renewed their accounts with the book-keepers to make money by speculating in Iraqi dinar after the US started bombing Iraq two weeks ago but some new ones have also joined in.
	www.dawn.com /2003/04/09/ebr4.htm (604 words)

	Iraq Dinar - Buy Iraqi Dinar
		Starting October 15th 2003 a new Iraqi currency known as the ‘new Iraqi dinar’ began to replace the ‘old Iraqi dinar’, and the currency used in the North of Iraq, the ‘swiss Iraqi dinar’.
		The new Iraqi dinar created a single unified currency that is used throughout all of Iraq.
		Further encouraging the Iraqi dinar demand are the note’s security features: watermarks, metallic inks, safety strip, color changing symbol, raised lettering and writing that is only visible in ultra violet light.
	www.portaliraq.com /iraq-dinar.php (341 words)

	Dinar is Served
		The 'Saddam dinar' (picture on the left) has beaten the dollar hands down as the currency of choice in Iraq.
		Moreover, the dinar's strength stems from the lack of a central bank in Iraq, which in normal circumstances can print money willy-nilly.
		In a display of what might be called Saddam's revenge, the discredited dinar soared by about one-third against the dollar on Thursday and is now at its highest value since 1996.
	www.antiwar.com /ewens/dinar.html (560 words)

	Reviving the Muslim 'Gold dinar' (Site not responding. Last check: 2007-10-06)
		Can Malaysia succeed in convincing the Islamic countries to revive their 'gold dinar' as a common currency, as this is 'necessary' to get rid of the influence of the west in trade and business dealings, and other economic issues.
		About the implementation of gold dinar in bilateral payment arrangements and multilateral arrangements, it was understood that it's always wise to implement a new system or make changes gradually, so as not to rock the present set-up drastically because abrupt changes bring more harm than good.
		In his paper on, "gold dinar in multilateral trades" presented during the inauguration of the IFSB, he stipulated that the central banks of the participating countries would play pivotal roles in the implementation of gold dinar in the bilateral and multilateral trade settlement system.
	www.freerepublic.com /focus/f-news/846780/posts (1722 words)

	Confidence in Iraq’s Postwar Recovery Strengthens the New Iraqi Dinar (Site not responding. Last check: 2007-10-06)
		Currency experts are saying that the new Iraqi Dinar is now the preferred currency for the Iraqi people, signaling, for the first time in years, a confidence in the stability of the currency of their country.
		Demand for the Dinar has been boosted by foreign investors buying billions of Dinar and holding them for the anticipated economic recovery in Iraq.
		The value of the new Iraqi Dinar has held steady since the turnover of government, giving the Iraqi people another reason for hope in the future for their country.
	www.proinvest-dinar.com /prefer.php (231 words)

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