clemly
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Posts posted by clemly
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It appears that at some time in the future the VND has to reval to something above toilet paper....right now not even worthy of wallpaper
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oh well i tried!!!! LMAO
very very good try!!! lol
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what quantity?
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I posted a message on here yesterday about trying to sell some of my 250 dinars denomination, but I am not sure if it was taking off or if it is gone because of that server problem. So I will post it one more time. If I am not suppose to please let me know and I will remove the thread. If it is ok then I still have alot of 250 dinars that I am looking to sell. let me know if you are interested.
Thank you,
Jason
when were these printed and how much?
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I've been trying to find a place that will either sell them or let me exchange my 25K notes for these smaller ones. Anyone know of a place?
that is a very good question
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I think you are right
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6:10 PM [dbcooper] Right now the local unit (one dinar) is worth $.00085 making 25,000 dinar notes worth $21.25 At the current Exchange Rate of 1170 per dollar the new 25 dinar notes will only be worth $.02 ($.00085 X 25 = $.02) The notes cannot coexist with the same dollar value because every Iraqi holding 25,000 dinar notes will lose $21.23 on each note. There would be riots everywhere because of this! Now, if they make the 25 dinar note the same dollar value as the current 25,000 dinar note they will have increased the dinar's Exchange Rate from 1170 per dollar to 1.17 per dollar, making 1 dinar worth $.85 which then of course raises the value of 25,000 dinar to $21,250 The denomination numbers on currency notes cannot be ignored, they represent the notes value based on the Exchange Rate. __________________ Not Revalue but Restoration of the dinar.
I think this explanation that was posted for Venezuela clears up the misconceptions
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death of the dollar...very interesting
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very intereresting
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you are probably right on....
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This brochure was created for Venezuela when they redenominated their currency. Instead of Bolivars just insert Dinars and the explanation will make perfect sense
Obama on Asian currencies ( TODAY)
in Foreign Currencies
Posted
I hear you man...lol