You’re looking at a 160 dinar difference between the two rates which is equivalent to 11 cents.  That doesn’t sound like much but it does add up quickly.  If you had $1 million dollars and you want to go buy the Iraqi dinar on the black market at 1460 dinars…you would get 1 billion 460  million dinars…You would take it into the bank and sell it to them for 1300 dinars for every $1 and you would make a profit of 160 million dinars…$109,594…of course it’s illegal to do that but there are people out there who do it for you. [Post 2 of 2]