To our customers: we have received numerous inquiries about an alleged “news story” regarding a coming change in price for a particular foreign currency. We have seen no substantiated evidence of this. We implore all our customers to use caution when receiving advice to buy or sell foreign currency.
When we founded our company in 2004, we offered two exclusive services: buying and selling Iraqi Dinar. Twelve years later, the Iraqi Dinar is one of 79 different currencies we exchange and remains among our most popular offering. Throughout it all, we have maintained a spotless A+ BBB rating.
The Iraqi Dinar
While the history of the Iraqi Dinar goes back to 1932, the New Iraqi Dinar currently in circulation was implemented by the Central Bank of Iraq (CBI) in 2003. This is the sole variety of Dinar exchanged on SafeDinar.com. In 2014, additional security features were integrated into Dinar banknotes, but these changes have no bearing on the value of the notes.
Why Buy from SafeDinar.com?
Whatever your needs, our role as a currency exchange is to facilitate your transaction as quickly as possible. Whether you select our two-day or overnight FedEx shipping options, we work to deliver your currency at the best rate possible.
How Much Is The Iraqi Dinar Worth?
When purchasing the Iraqi Dinar, the rates we offer you are determined by the current exchange rate set by the CBI, the types of notes you select, and the general availability and demand of the Iraqi Dinar at that time. If you are not confident that now is the right time to purchase Iraqi Dinar, consider signing up for our exchange rate alerts, a free customizable service.
Is Buying Iraqi Dinar a Scam?
Since its introduction in 2003, the New Iraqi Dinar has been subject to numerous scams. The most common of these is when someone claims insider knowledge of an imminent revaluation of the currency, usually with the understanding that interested parties buy the currency directly from the scammer. Occasionally, the existence of these scams is suggested as proof that the purchase or sale of the Iraqi Dinar itself is a scam under any circumstances.
In truth, the Iraqi Dinar is a perfectly legitimate currency for goods and services within the Republic of Iraq, and buying the currency is no more a scam than buying any of the other 78 currencies we exchange. For more information on the variety of scams connected to the Iraqi Dinar, see our Money Talks blog post.
Buy Your Dinar Now
The FAQ below should handle many of your Dinar-related questions. If not, simply click the chat bubble on the bottom-right of your screen to make use of our live chat service, or contact us directly via email.
Some Considerations When Buying Iraqi Dinar
✔ Rates - With a current buy rate of $1,063.00 / 1M IQD, we offer the most competitive price on the web amongst other reputable dealers.
✔ Confidence - When buying currency, knowing the reputation of your seller is the best way to ensure a safe, secure transaction.
With over 14 years in business, SafeDinar.com has an excellent customer service rating - we post customer feedback, which is updated on a daily basis.
As a registered money business service (MSB), you can count on us to facilitate your transaction in full compliance with State and Federal laws applicable to Currency Exchanges.
Currency is processed via state-of-the-art currency handling machines and your purchase includes the SafeDinar.com Certificate of Authenticity.
✔ Information - Safedinar.com provides superior service in part by staying up to date with regional, political, and economic news and changes to the local currency market.
We're helping you to stay informed with a free, dynamic Exchange Rate Alert service. You can now set parameters for any currency we exchange and receive alerts by email when changes occur.
Additionally, we offer a constantly updating currency dashboard to provide a central location for rates and changes, useful information, and market data in a number of currencies.
✔ Access - Don't go it alone! Need to ask a question? We're here to help. In addition to ordering through our easy-to-use, secure interface, you can contact us directly at our offices at 877-723-3391, or by email 24/7. We can answer questions about the order process, and assist with every aspect of the purchase or sales process. To receive updated news about our company and the currencies we offer, you can sign up for our newsletter.
SafeDinar.com offers fifteen international currencies for sale with more coming soon. We also buy back all of the currencies we sell.
2 Choose Denominations
Easily add popular denominations to your cart with one click, or choose exact denominations for the amount you want to order.
Use our quick and easy one-page checkout to confirm your address and place your order.
4 Customer Verification
We provide multiple convenient & secure methods for you to deliver documents required to comply with US Treasury and state guidelines.
5 Shipment & Delivery
We offer multiple shipping and payment options to buy currency on your terms.
Top FAQs About Buying Currency
Q I am a first time customer. How can I get a better level of comfort about ordering from SafeDinar.com?
A We understand your concern. SafeDinar.com has been in business for over 14 years now and we have served thousands of satisfied customers. Please feel free to:
View our Treasury Registration.
Alternately you may visit the US government website for Money Services Business, www.msb.gov. Select the state of Massachusetts, you will be prompted to download an Excel file, our listings are records 12 and 13. We are a registered MSB (Money Services Business).
Review the Forums on the web where people relate their buying experiences with the different currency exchange companies.
Place a small transaction to start and then make your decision about any further transactions.
Check out our record with the Better Business Bureau either by clicking here or by calling the BBB directly. We get thousands of BBB
inquiries every year.
Q Why do you ask for a copy of a driver's license or other information on certain orders?
A As a registered MSB (Money Services Bureau) we are given guidelines from the US Treasury Department regarding transactions where secured funds are involved (cashier's checks or money orders). The treasury regards these transactions as cash transactions. These rules were set up to identify people who might be laundering money. It is known as the "know your customer" rule outlined under the Patriot Act Compliance guidelines. The information that we collect is not shared with anyone, but must be available in the event that we are audited. We use the guidelines given to us to determine when a driver's license is required. We are not at liberty to discuss what those guidelines are. Any further questions should be forwarded to the main office for further explanation. Please note that the fax of the driver's license must be legible before we will ship the order. In an effort to save time we suggest the customer enlarge the license image before faxing, or use our preferred method of scanning and e-mailing to firstname.lastname@example.org.
Q Do I have to be at home to receive the package?
A For COD orders, someone must be home to give the check to the driver. The driver will not leave the package until payment is made.
A We do not currently accept credit cards as payment. We have researched the possibility of accepting credit cards; however, most credit card companies (including Visa, Master Card, and American Express) will not authorize a transaction for a currency exchange as a traditional purchase. Most credit card companies would categorize that transaction as a cash advance, which can be an extra fee the for the credit card holder. Additionally, there would be an a transaction fee from the credit card company that we would need to pass along to our customers. We will periodically research the possibility of accepting cards, and if possible in the future, we may offer that option. We have found that our customers are very satisfied with our payment options (Collect on Delivery and Pay by Mail). You receive your order within 1 business day of providing proof of payment. You choose which one works best for you and there are no additional transaction fees.
Q What forms of payment do you accept?
We currently accept secured checks that are available from your bank or credit union. We are able to accept the following forms of payment:
Official Bank or Cashier's checks
Bank Money orders
Credit Union Official checks
Credit Union Money orders
We can no longer accept:
MoneyGram Money orders
US Postal Money orders
Walmart Money orders
We are actively working to expand our service and offer new payment methods.