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Hello Team Forex,
TLDR; What foreign currency, with what event, like war, or troops pull out, or a country's central bank to take over their currency and then revalue and go way up, much like what happened to the Kuwaiti Dinar?
I'm aware of the scams on buying various foreign paper, and I'm also aware of the issue of paying USD for foreign paper, and when you need to cash out, you lose to rate of exchange and inflation of the USD. That your better off at trading online, and doing it within minutes, hours or days at the most.
I know that the idea behind buying the IQD, Dong, Won, Rupiahs, Yuan, and Iranian Rials is that the currency is considered undervalued if not artificially manipulated to be low. And that one day it will be revalued, so if you bought at equivalent of fractions of 0.0001 USD cent, and its revalued at $2.50USD equal at the exchange, then poof you're an instant multi-millionaire.
It's all a matter of the likelyhood, the potential reality, and just when will which one of these undervalued foreign currencies will actually revalue, and enough so as to get past inflation, rate of exchange, and wind up well past break even.
So the question is, looking for one of the foreign currencies I mentioned, what event, like war, or troops pull out, or a countries central bank to take over their currency from a foreign occupier, etc will allow that currency to ability to then revalue and go way up, much like what happened to the Kuwaiti Dinar?
Thank you

Convert Iraqi Dinar (IQD) to other currencies; Enter the amount of money to be converted from Iraqi Dinar to other currencies. You can filter the currencies displayed in this table by name, symbol or continent. Iraqi Dinar (IQD) is the currency used in Iraq. Iraqi Dinar currency symbol: ع.د Iraqi Dinar coins available: 25, 50, 100 dinar Iraqi Dinar banknotes available: 50, 100, 250, 500 ... International Exchange Rates. Forex.pk, Pakistan's top currency rates portal provides you upto date International currency exchange rates. Currency exchange rates in Pakistan are not quite same as open market specially dollar rate. In Pakistan Banks generally charge a higher exchange rate on the currency value . Live forex quotes to find out exactly where currencies last traded in the interbank market. Live rates will help you trade the forex market in real-time or exchange currencies in the market place. North American Edition. Dollar and yen firmness, and sterling underperformance has continued for a second day. The narrow trade-weighted USD index (DXY) lifted to a one-month peak at 93.64, extending the rebound from the 29-month low that was seen last week at 91.75. The Iraqi Dinar (IQD) exchange rates represented on this page are live, updated every minute within the forex market's trading hours of 22:00 Sunday through 21:00 Friday GMT.

Iraqi dinar (IQD) Currency rate today

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Iraqi dinar (IQD) Currency rate today