Sandy Ingram – Dinar Guru From the 1940’s through the 1970s the Iraqi dinar was one of the strongest currencies in the Middle East. Oil wealth made Iraq rich. The dinar at one point was worth more than $3.00. Iraqis had great pride in their money…Everything changed after the 1980’s. Wars with Iran, the invasion of Kuwait and the international sanctions in the 1990s weakened Iraq’s economy. Inflation skyrocketed and the dinar lost much of its value…Its journey shows how much money is…a reflection of trust, identity and the belief people have in their country’s future.