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Understanding the Dinar


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#1 Homefront

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Posted 08 February 2012 - 09:52 AM

I understand that the Dinar will RV, we just don't know the Value or when. I had read something today went like this, when the Dinar RV's its going to be based on the new Dinar (2013) with out the Zeros, so what I'm hearing is if you have $25,000 dinar bill it will be looked at as $25.00 now based on that the RV may be 1.00+ so the end result is you would have $25.00 and if one has $1,000 New Dinar (same as 1,000,000 Old Dinar with out zeros) then you would be looking at $1,000.00, is this true and what’s the odds of this happening? (YUK)


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#2 sportfisher

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Posted 08 February 2012 - 10:03 AM

I understand that the Dinar will RV, we just don't know the Value or when. I had read something today went like this, when the Dinar RV's its going to be based on the new Dinar (2013) with out the Zeros, so what I'm hearing is if you have $25,000 dinar bill it will be looked at as $25.00 now based on that the RV may be 1.00+ so the end result is you would have $25.00 and if one has $1,000 New Dinar (same as 1,000,000 Old Dinar with out zeros) then you would be looking at $1,000.00, is this true and what’s the odds of this happening? (YUK)


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That is referred to as a "Redenomination" and is not what we are hoping for. Basically, that is the worst case scenario in this speculation short of a Redenomination with an "In Counrty only" exchange period.
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#3 Homefront

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Posted 08 February 2012 - 02:16 PM

sportfisher ,

Thank You!

Lets pray that does not happen!
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#4 dinard9888

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Posted 09 February 2012 - 09:44 AM

In the early 60's, France was revaluing their money. I was in France at that time and a 25 old franc note was the same value as a 5 new franc note. Now its different times and a different country, but, this would be a good tv. IMO
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#5 dinarck

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Posted 09 February 2012 - 10:17 PM

I understand that the Dinar will RV, we just don't know the Value or when. I had read something today went like this, when the Dinar RV's its going to be based on the new Dinar (2013) with out the Zeros, so what I'm hearing is if you have $25,000 dinar bill it will be looked at as $25.00 now based on that the RV may be 1.00+ so the end result is you would have $25.00 and if one has $1,000 New Dinar (same as 1,000,000 Old Dinar with out zeros) then you would be looking at $1,000.00, is this true and what’s the odds of this happening? (YUK)


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This is what countries with hyperinflated currencies do. If they dont do this then they continue using their hyperinflated currencies. There is nothing else. Anyone who disagrees then please show a case of any country who went from a hyperinflated state back to original value without a redenomination. Sad but true.
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#6 matus55

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Posted 10 February 2012 - 10:05 PM

I understand that the Dinar will RV, we just don't know the Value or when. I had read something today went like this, when the Dinar RV's its going to be based on the new Dinar (2013) with out the Zeros, so what I'm hearing is if you have $25,000 dinar bill it will be looked at as $25.00 now based on that the RV may be 1.00+ so the end result is you would have $25.00 and if one has $1,000 New Dinar (same as 1,000,000 Old Dinar with out zeros) then you would be looking at $1,000.00, is this true and what’s the odds of this happening? (YUK)


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Your not even close. The 25,000 dinar is still going to be worth 25,000 dinars. By the end of 2013 is when they want to collect all the three zero notes.
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#7 mrwhitewolf69

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Posted 10 February 2012 - 10:22 PM

UMM only time will tell
we all are hoping for the best scenario
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#8 MovieMaker

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Posted 10 February 2012 - 10:26 PM

Interesting and educational. go rv . . .PLEEEEEASE!!!!?Posted Image
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