Iraqi Dinar Discussion Board

[Aerospace]

That's not true. The Dinar is backed by foreign currency reserves and a little gold. 95% or more is US dollars. If the dollar looses value, then the dinar looses right along with it.
As the dollar becomes worth less, Iraq's currency reserves become worth less. So it all equals out.
It would be a different story if they held Euros as reservers, then as the dollar dropped compared to the Euro, their reserves would gain in value against the dollar. but that's not the case.