There are many different types of investments. Some are domestic, others are international and may involve buying foreign currency or an international currency exchange. One current trend in international currency exchange is that there are a lot of people buying Iraqi dinar.

The iraqi dinar replaced the Indian rupee and was first introduced in 1932. The dinar can be broken up into smaller denominations, called fils, but due to inflation the fil is now considered obsolete. For a short time, 25, 50 and 100 dinar coins were produced in 2004, but they were unpopular and were soon withdrawn. The dinar banknotes that were issued during the years 1990 to 2003 had a picture of Saddam Hussein on them. The notes with the image of Hussein are no longer valid and those banknotes are now worthless.

Iraqi dinars are now available to investors from the United States, and from many other different countries. Many investors from all over the world have been purchasing them and are hoping that they will increase in value and become a solid long term investment. It is important to do your research, or consult an expert, and make sure that you understand the risks involved before making any type of an investment. More on this topic.