Though there are no investment specialists or financial advisors that will suggest that you invest in buying iraqi dinar, it might be worth knowing a little more about its history on the off chance that it goes up in value in the next few years. Here are a few facts to get you started.
1. The dinar currency value was about the same as the British pound until about 1959. Revolutions and changes in power had massive effects on the relative value of the currency.
2. In spite of the more recent collapse in the value of the Iraqi dinar, the highest denomination printed until 2002 was 250 dinars.
3. In 2003, new demotions of banknotes were issued consisting of six previously unprinted denominations. These new denominations included the 50, 250, 1,000, 5,000, 10,000, and 25,000 dinar notes.
4. Currency printed before the Gulf War was often called the Swiss dinar. Though it was not printed in Switzerland, this form of currency got its name from the Swiss printing technology.
5. The United States states that have the highest number of Iraqi foreign born populations are Michigan, California, and Illinois respectively.
So though it is far from a good investment to look into the dinar since the dinar currency value does not look like it will rise dramatically anytime soon, it may be a good idea to keep these facts in mind for the future.