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When I was in Kuwait in 2005, I bought some Dinars. The theory is in 1991 during the Gulf war, the Kuwaiti dinar was worth nothing. If you were there in 91, and bought a million kuwaiti dinars, today it would be worth about 4 million US dollars. The Iraqi dinar is in the same situation as the Kuwaiti dinar was in 1991.
One belief is it is a scam and don't waste your money. Another belief is the government tells you not to buy this money because they don't want a ton of millionaires running around getting rich quick.
The money is backed by the oil, and Iraq is one of the largest producers of oil. If they run out of oil the money would be worthless. I spent my money and am taking the risk, if nothing comes out of it I have some nice souveniers.
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