I’ve heard the Iraqi Dinar has a really low value right now compared to the US Dollar. Would the investment be one worth making IYO?
In a word, no.
Iraqi dinars (like all other currencies) can be considered as paper money (banknotes) and of course all that electronic money we use nowadays.
Iraqi banknotes are interesting due to their variations. We have the British-made prewar type, we have a mess of messy homemade postwar types, we have the CIA fake postwars, now we have the postwar high-quality stuff. This is an interesting area for collectors. I own a few myself.
Now, the excitment about the banknotes seems to have somehow spilled over to eletronic money, which hardly exists.
OK, say you wanted to spring for (I dunno) a few million dinar. What are you going to do? I suppose go to a broker, take your own suitcase for a discount.
The other choice is to open an account with some company (like a bank) denominated in Iraqi dinar. Where the heck can you do that? Not even in nearby Saudi Arabia. In the US? Go ahead try it.
So I suspect the interest in Iraqi dinars are mostly fed by interest in the banknotes and lots of shilling by firms that sell them.
There are better places to put dollars now. Mine are in Euros, and of course my Franklin Mint NASCAR collector plates.