Investors are purchasing Iraqi Dinar because Iraq continues to stabilize and has significant wealth as the second largest oil reserve holder in the world with reserves worth over $10 trillion at the current market value. This combined with an all-time low price of the dinar (see Iraqi Dinar history) is driving sophisticated investors into diversifying their investment portfolios and investing Dinar. Donald Trump has been rumored to have invested aggressively in the new Iraqi currency (Boston magazine, October 2006). As of today the internal exchange rate is 1,169.00 Iraqi Dinars = 1 USD or 1 Iraqi Dinar = 0.000855 USD. Since the creation of the new Iraq Dinar, in October 2003, the international demand for the new currency has steadily increased.
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