Friday, November 17, 2006

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Why Collect Currency?
People started systematically collecting paper and plastic bank notes quite recently. Although collecting of paper money was going on for a long time, but that was done only on a very small scale. Only in late 1950's paper money collecting became more of a global phenomenon. By 1920's paper money began to be issued by significantly more countries around the world and in early 1960's practically the whole world was using paper money for buy or sell transactions between people, businesses etc. As a result more and more people started collecting paper money as beautiful collectible items, for an investment or both. These days collecting world notes is growing very strong and very fast. There are millions of paper money collectors all over the world and every year new ones join in. Knowledge abounds with a multitude of general and specialized catalogues covering notes of all modern and no longer existing countries.Prices and value of collectible paper money grows steadily and better notes now bring much higher prices than before making an idea of investing in banknotes as well as collecting attractive.Various countries of the world have their own words for "paper money".
These are translations of words "banknotes" and "paper money" into some world languages:
F:Billets, Papierrench Monnaie;
German:
Banknoten, Papier Geld;
Italian:
Cartamoneta, Banconota;
Lithuanian:
Banknotai, Popieriniai Pinigai;
Russian:
Banknoty, Bumazhniye Den'gi;
Spanish:
Notas de Banco, Papel Moneda.
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The New Iraqi Dinar
The Iraqi Dinar is the legal currency of Iraq . Prior to the 1991 war the official rate of the Iraqi Dinar was approximately 1 Dinar to 3 US dollars. The currency's value significantly dropped after the 1991 invasion and United Nations embargo. The value of the Iraqi Dinar has since appreciated from lows of approximately 3,000 Dinar's per US Dollar to between 1,400 and 1,500 recently.


In October 2003 the United States occupation administration authorized a new banknote issue comprised of denominations of 50, 250, 1000, 5000, 10000, and 25000 Dinar

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Sales & Development

The A TeamInternational Team of Industry Leaders
In introducing its products globally, IRAQ Money exchange(IME) has enlisted the expertise of the A Team, an international team of industry leaders with extensive marketing experience.
The A Team founders, who understand that each and every person contributes to the overall achievement of the organization, took the cue from the wonderful positioning of birds in flight that follow the A-formation and called themselves thus. The A has helped strengthen (IME) worldwide presence with its winning marketing strategy.

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