Question: “Do we have to have our currency for over a year? For tax purposes, yeah. If you have your currency for at least one year you’re in the about 20% tax bracket. If you have had it for less than one year and you exchange it you’re in about the 40%. If you have had it for one year and you don’t have a receipt, you’re in the 40%. If you’ve had it for one year and you got a receipt you’re in the 20%. [NOTE: Some gurus feel the dinar exchange will be taxed as capital gains, others feel ordinary income and other not taxed at all. The only opinion that matters is the IRS’s – Consult a tax professional at the appropriate time to determine the right tax for your unique circumstances.]