Your Number One Source
for Buying and Selling Iraqi Dinar

Iraq Dinar Phone Number

Current Exchange Rate

1,199.00 Iraqi Dinars = 1 USD
1 Iraqi Dinar = 0.000834 USD
  Iraqi Dinar Value for 5/14/2008
"When you combine the fact that dinarbanker is accredited & offers certificates of authenticity, superior customer service, a ready supply of dinars to be shipped out along with the investment of a lifetime. It’s difficult to find something comparable. "
 
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FAQ
How do I sell my Iraqi Dinars?

We are located in Atlanta, Georgia and buy Iraqi Dinar almost everyday. The process is very easy. If your dinar are in very good shape (no holes or tears) and they are either 25K or 10K banknotes; (if they are not in good shape, we still purchase them, but at a lower price) Ship your dinar using a reliable carrier (FedEx) and require a signature from the recipient (Sterling Currency Group). Ship the dinar to:

DinarBanker.com
225 Valley Road
Atlanta, Georgia 30305

Be certain to include your mailing instructions and who you want you check made out to. We will ship out a check within 24 hours. The shipping fee for the dinar will be deducted from your total. If you need faster payment, we do wire money out, but it will cost an addtional $25 wiring charge (we take it out of the amount we pay you). The wire will generally be initiated by us within 48 hours of receiving your dinar.

Our current buy rate for dinar is between $800 and $850* per million depending on quantity and quality and fluctuates based on the current exchange rate that may be found on our home page.

*For orders under one million dinar our buy rate is $780 per million

 
Why am I paying more than the actual exchange rate?

Iraqi dinar is not traded on the world banking system and is not readily available outside of Iraq. It is actually against Iraqi law for Dinar to be transported in or out of Iraq; however, once dinar is outside of Iraq, it is free to be traded worldwide. It is approved by the US Treasury Department, and all of our dinar is declared and registered with the Treasury department via FinCEN form 105s upon US entry. All Iraqi Dinar in the US is generally obtained in Kuwait, UAE, or Jordan from currency dealers (not banks). The cost to purchase Iraqi dinar in these countries is well above $812 per million.

Once we purchase the dinar, we must insure it, ship it, declare it, clear it, and process it.
These expenses are not minor. The final cost at which we deliver to our customers is very competitive with only a small margin for our efforts.

If you can buy Iraqi dinar for $812 per million anywhere outside of Iraq, please tell us so we can buy it. We will buy anyone's Dinar at the Central Bank of Iraq's bank rate all day long.

 
Where do you get your Iraqi Dinars?
We import them legally from Kuwait. They are authenticated in Kuwait and by Sterling Currency Group here in the US. The dinar is declared with the US Treasury Department via a FinCEN Form 105 upon entry into the US.
 
How do I pay for my Iraqi Dinar order?
COD Orders

Please fax (404-365-8147) or email ( info@dinarbanker.com ) a copy of your certified check made to "Sterling Currency Group"...
Full Article
 
Is investing in Iraqi Dinars legal?

Yes it is but since you can find so many different opinions to this question online we will forward you directly to the U.S. Department of State website to find out for yourself. Click here to proceed.

 
How do I get started?

It's so easy. Just select your denomination, quantity, and payment method. Then please type in your personal information like your name and shipping address and click "Order". You'll receive an e-mail receipt and instruction on how to make payment. We'll send you another e-mail with a FedEx tracking number once your order is shipped. It's that simple.

If you have any questions at all please call us at 888-346-2771 or e-mail us at info@dinarbanker.com We look forward to hearing from you soon.
 
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