How much is one gold dinar?
I am curious about the value of a gold dinar. I want to know how much it costs or its equivalent value in today's market. Could someone please tell me how much one gold dinar is worth?
What is a gold dinar worth?
A gold dinar is a unit of currency based on gold, specifically referring to an Islamic medieval gold coin first issued in the 7th century. Its modern concept aims to create a gold-based monetary system compliant with Islamic finance principles. The worth of a gold dinar is determined by the weight and purity of the gold it represents, typically 4.25 grams or 0.137 troy ounces. The value fluctuates based on the current market price of gold.