If Iraq Follows The U.S. Currency Path.

[mrparrot]

I'm putting this here because one question that seems

to come up every once in a while is the one about the

three-zero bills and will they be accepted as legal currency

after an RV / RD.

Well, if Iraq does what the U.S. does, then, in theory,

the answer should be "yes"....

 

http://www.viralnova.com/large-dollar-bills/

[sportfisher]

after a RV yes, after a completed RD no.

[ewingm]

I agree with you sportfisher.  RV/RD is the same.  Currency is currency.  If they lop, they lop everything at one time. It affects every bill.  Big or small.  If an RV occurs, it will be instantaneous, and will affect the overall value of the dinar as a unit of currency.  

[dontlop]

Turkey had a rd

You can still today 7 years later exchange the old Turkish lira for new over the internet

Rd does not mean you can't cash out

And the exchange period was over years ago in turkey

They aren't accepted in turkey for use buying things but you can exchange them

Kuwait exchanged its currency for a year exchange period then you could exchange the old Kuwait dinar at the cash window it the cbk for ten years after the exchange period

[ewingm]

Depends on how bad they want to write off their existing currency debt.

[WorkerBee]

Depends on how bad they want to write off their existing currency debt.

 

 

Ding ding ding, that is correct.  Maybe you can, maybe you can't.  Therein lies the risk.