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Even for the last 7 to 8 years production of oil has been increased and it just only stabilized the Iraqi dinar but there is nothing significant in it for the foreign investors. Currently, we can see a declined trend in the value of the dinar against US dollar that is IQD 1200 for $1. Previously it was IQD 1170 against 1 US dollar. As the neighbouring countries of Iraq like Iran and Syria are facing an intense kind of sanctions which are affecting dinar to the downward trend as being there in an unstable region.

Another factor counting against the dinar is the fact that the largest banknote is only 25,000 dinars. This often makes the currency unattractive to use in an economy where the banking system is ancient and deals are often done in cash.

The central bank is planning and considering to take 3 zeros off from the face value of bank notes to make easy the financial transactions. The value of the note would remain the same but it will become easy to carry for real time straight transactions. According to some experts, this act will give confidence and boost to Iraqi Dinar Investment but the official value behind the note will remain the same.

In the last, Americans armies have departed from the Iraq which is a clear sign for the end of a long war even America is not in the position to fight again. The same kind of things we have seen in the past post Russia war results strengthening their economy, Vietnam war, and many more. By my inner heart and analysis of current circumstances, it is predicted that Iraq will stand on her feet soon.