The US dollar is worth a dollar because the US federal government SAYS it is. The World Bank takes the US government’s word for it and, based on the economic stability, assigns the US dollar an international value. Right now there is no central government in Iraq (since the ousting of Saddam Hussein) and there won’t be until their Parliament has finished setting up their new constitution–which they’re working on now. (They just held a special election on Saturday, October 15th to further that process.) In 2002, before the conflict in Iraq , the Dinar was valued at about $0.32 US! If you had 100,000 Dinar then you could have cashed it in for over 32,000 Dollars in US Money!!! Although the Iraqi Dinar is still good today in Iraq and its citizens are using it to buy and sell daily, its international value right now is only about a fraction of a US penny! Many economists believe the Dinar will return to at least its 2002 value level in the near future!

Dollar Amerika dijadikan sumber rujukan kerana Bank Dunia mengisytiharkan US Dollar sebagai timbang tara mata wang antarabangsa berdasarkan kestabilan ekonomi negara tersebut. Pada masa sekarang tiada pemerintahan berpusat di Iraq sejak kejatuhan Saddam Hussein dan akan berlarutan sehinggalah parlimen Iraq dapat membangunkan semula Iraq di mana sekarang mereka sedang berusaha keras ke arah itu. (Mereka akan mengadakan program mengundi istimewa pada 15 oktober untuk melanjutkan proses ini) Dalam tahun 2002, sebelum berlakunya konflik di Iraq, dinar iraq mempunyai nilai menyamai $0.32 US! Dengan kata lain kalau anda mempunyai 100,000 Dinar, anda boleh tunaikan menjadi lebih 32,000 Dollars dalam mata wang US!!! Walaupun dinar Iraq masih digunakan dalam urusan jual beli seharian di negara mereka tetapi nilainnya hanya sebahagian kecil dolar US. Majoriti pakar ekonomi percaya bahawa nilai matawang dinar akan naik sekurang kurangnya pada nilainya di tahun 2002.