The Iraqi dinar is not a lotto ticket. It’s a real currency that follows sound principles guided by organizations such as the World Bank, IMF, and most recently the US Treasury…
Currencies are managed by their central banks and in the case of Iraq they’re currently on a fixed peg exchange rate regime which won’t be appropriate as their economy diversifies. It is expected that they will move to some type of float allowing the dinar to gradually appreciate incrementally as their own economy begins to prosper and diversify. All of this takes significant time. Be assured, it won’t be a random act. : Kaperoni
