Anonymous

What Is My Dinar Worth?

6 Answers

Anonymous Profile
Anonymous answered

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.

Anonymous Profile
Anonymous answered
$6,000,000 for american money
Anonymous Profile
Anonymous answered
Yugoslavia and Croatia dinars are gold money,so even if they get old,debased,demonetized,out of circulation  and obsolete,you are protected by pure 24 Kt real gold.
See www.artclebase.com/gold standard currencies by the IMF.
Harshad Malkan Profile
Harshad Malkan answered
The 2012  IMF's ( International monetary fund ) rate of exchange ( ROE )
1 y dinara = USD  $ 1.99  + foreign taxes.
Aun Jafery Profile
Aun Jafery answered
The worth of your Dinar can only be determined if it is ascertained to which country it belongs. A thousand Algerian Dinars will get you $14.43 in United States Currency. A single Dinar of Bahrain's currency will get you 2.01 Euros or $2.66 in American money. A thousand Iraqi Dinars will get you $.78 in American money and .59 in Euros. A single Jordanian Dinar will get you $1.41 in American money and 1/07 Euros. A single Kuwaiti Dinar is $3.46 in American money and 2.61 in Euros. A single dollar is equal to $.78 in American money and .59 in Euros. You would be unlucky however; if your Dinar was from either Abu Dhabi, Croatia, Bosnia, South Yemen, Yugoslavia and Sudan as these currencies are no longer in circulation.

Answer Question

Anonymous