What Foreign Paper to Buy and Hold Short or Long that's Actually Worth it and not a Scam?
Hello Team Forex, TLDR; What foreign currency, with what event, like war, or troops pull out, or a country's central bank to take over their currency and then revalue and go way up, much like what happened to the Kuwaiti Dinar? I'm aware of the scams on buying various foreign paper, and I'm also aware of the issue of paying USD for foreign paper, and when you need to cash out, you lose to rate of exchange and inflation of the USD. That your better off at trading online, and doing it within minutes, hours or days at the most. I know that the idea behind buying the IQD, Dong, Won, Rupiahs, Yuan, and Iranian Rials is that the currency is considered undervalued if not artificially manipulated to be low. And that one day it will be revalued, so if you bought at equivalent of fractions of 0.0001 USD cent, and its revalued at $2.50USD equal at the exchange, then poof you're an instant multi-millionaire. It's all a matter of the likelyhood, the potential reality, and just when will which one of these undervalued foreign currencies will actually revalue, and enough so as to get past inflation, rate of exchange, and wind up well past break even. So the question is, looking for one of the foreign currencies I mentioned, what event, like war, or troops pull out, or a countries central bank to take over their currency from a foreign occupier, etc will allow that currency to ability to then revalue and go way up, much like what happened to the Kuwaiti Dinar? Thank you
IQD - Iraqi Dinar. Our currency rankings show that the most popular Iraq Dinar exchange rate is the USD to IQD rate. The currency code for Dinars is IQD, and the currency symbol is د.ع. More Iraqi Dinar info > IQD: 1 IQD = Inverse: 0.0008 1190: 0.0007 1384.1491: 0.0007 1516.6539: 0.0887 11.2699 IQD: The currency abbreviation or currency symbol for the Iraqi Dinar (IQD), the currency of Iraq. The dinar is made up of 1,000 fils and is often presented with the symbol (__). The dinar ... Welcome to the Iraqi Dinar exchange rate & live currency converter page. The Iraqi Dinar (IQD) exchange rates represented on this page are live, updated every minute within the forex market's ... The Iraqi Dinar is the currency of Iraq. Our currency rankings show that the most popular Iraq Dinar exchange rate is the USD to IQD rate. The currency code for Dinars is IQD, and the currency symbol is د.ع. Below, you'll find Iraqi Dinar rates and a currency converter.
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The official currency of Iraq is the Iraqi dinar (IQD). Exchange rates 1 euro = 1298 IQD 1 USD = 1193 IQD 1 GBP = 1546 IQD 1 INR = 16,70 IQD The Iraqi dinar all denominations,varieties and signatures. Iraq News Updates Eight Factors That Help Determine the Foreign Exchange Rate Purchase Iraqi Dinar: https://amzn.to/3eyI3TQ Purchase Vietnam Dong: https://am... Foreign Currency Vietnam Dong vs Iraqi Dinar vs US Dollar Investment - Duration: 8:06. ... Iraqi News Updates USD/IQD Exchange Rate Tax Trivia - Duration: 5:21. Edu Matrix 1,851 views. Negotiable Instruments Act, 1881-Lecture-2-Bill of Exchange & Cheque #rameshmohansrivastava #rmssir - Duration: 1:14:09. Mohans Foundation Ramesh Mohan Srivastava 64 views 1:14:09 Iraqi Dinar Exchange Rate and Foreign Currency What is a basket of currencies? How is the Iraqi Dinar Exchange Rate Determined? Is the US on a fixed for float type of currency exchange?