Troops Take a Gamble on Iraqi Dinars
BAGHDAD — In drawers and footlockers, servicemembers in Iraq are banking on the future by hoarding millions of Iraq’s year- old currency, the dinar.
Many suspect the dinar’s precipitous drop in the past decade could mean a huge rebound ahead. Each dinar was once worth a few dollars; they’re now worth a fraction of a penny apiece.
If post-war Kuwait is any example, they might be right:
A Kuwaiti dinar was valued at a about a dime after the war. Each now brings in $3.40.
:bringiton
thats me, bought mine in diwaniyah.