Iraqi Dinar

[GeorgeF]

1) Iraq could go to a duel currency system. The 'Iraqi' Dinar for internal use and a newly created 'Trade' Dinar for use in export/import. This system was used in S Africa for some time. Iraq uses a variation of this with the US$ as the 'trade' currency. This is probably a prelude to a devaluation of the 'Iraqi' Dinar.

2) Iraq could issue a new currency. Germany did this in 1924 when the 'rentenmark' replaced the mark. 1 trillion marks bought 1 rentenmark (if I remember correctly). Not good news for mark holders weighting for a big gain. BTW, you might be expected to travel to Iraq to exchange your notes during the limited exchange window.

3) Iraq could go kerbluey and degenerate into a civil war. It might be worth researching the best investments in Lebanon during it's civil war period. Iraq might also be carved up and split amoung the surrounding nations.

4) If you insist on this, try mint unc gem quality blah blah blah Iraq coins. If Iraq stops existing as a nation they coins will likely become valuable. Check out the price on a '69 Biafra silver mint set.