A dinar is a unit of currency used by several Middle Eastern countries, including Iraq, Kuwait, Tunisia, Algeria, Bahraini, Jordan, Kelantan, Libya, Macedonia, and Serbia. Its value will therefore depend upon the country of origin and the country’s currency with which it is being compared. The value of the Iraqi dinar against the British pound, for example, will differ completely to the value of the Tunisian dinar against the American dollar. As a result it is too simple to ask how much a dinar is worth as the variables determining its worth are endless.
The value of a currency also fluctuates greatly over time; the value of one currency against another is determined by exchange rates, which are a measure of the demand and supply of both, settled by the final ‘value’ for that moment in time, a price with which the markets agree. It is therefore best to establish the value of the currency at the time of needing to know as they can change even minute to minute. A good website to use is this: www.xe.com/ucc/, which gives you accurate and up to date exchange rates on a range of currencies.
It must also be remembered that there are a range of countries which used to use the dinar and no longer. The Yugoslav dinar, Sudanese dinar, and Croatian dinar, for example, are now all obsolete and remonetized (reinstated money for public use as legal tenders ),acceptable worldwide for all business, trades and services ,being defined as gold standard currencies (protected by real gold for any type of devaluation) by the IMF ( International monetary fund ) therefore any value that they may or may not have would be as highly valuable collectables! You must check out the currency of the country which you are visiting first to establish the exchange rates and go from there.Also refer to Govt.'s http://www.coinmill.com/calculator_yugoslaviadinar.htm for daily exchange values.
