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And you would hope the IQD would have enough strength to hold together and not leave you holding a wad of crap.

So according to that 1 million Algerian Dinar would be worth $8400 whereas 1 million Iraqi dinars are worth $840. The whole emphasis is that both have corruption and their economy is dependent on oil at about the same percentage. Comparing the circumstances on both countries their value (Algeria’s) is 10 times Iraq’s.

.0084 according to internet when I googled it

Just read an article about the Algerian Dinar. Now bear in mind the economy of Algeria is based 90% on oil. Sound familiar. We have said and heard that the IQD is undervalued. Now compare the exchange rates DZD = .0084 cents per DZD. IQD = .00084 cents per IQD. Not an enormous amount but significant. So this really tells us that the IQD is truly undervalued. How much is what the market will eventually tell us.

Oh but my sources say $52 per Dinar on April 1. Well the fools will really be going at it on Monday April fools day.

One name on this was Terrence Keller. Could this be the infamous Terry K? Has he posted anything of late Since he was acquitted maybe not?

So hurry and by your Dinar. Call BR549 ask for Junior

Karsten I like your way better ok I see what I did wrong. Good thing I didn’t take up accounting

Let’s look at this. I don’t know how they come up with 2.86. If they give $100 for 35 Dinar that is equal to getting $10 for 3.5 or going further .35 Dinar to $1. Don’t know where they get their calculations but it doesn’t look right

Cedric the entertainer

Well you have to admit they are consistent

Someone is welcome to correct my math but if Iraq has 40 T in circulation vs US dollar at 1.65 then just a straight ratio would be 1.65 divided by 40 would give the equivalent value or .04125 value Dinar to dollar. This may be an over simplification but best I can figure considering apples to apples

I have to agree with Kap. The very fact that so much Dinar is in circulation it would be almost impossible to RV or RI. Common sense and a little math tells us that 40 trillion does not allow for even 1 to 1 much less 3 or 4 $. Gradual increase like it was doing back in the mid 2000 time frame is our best bet in my opinion.

Just had a Chinese lunch and the fortune cookie said “Sing and rejoice,fortune is smiling on you”.

Hopefully Luigi will read this and give up trash hauling to this site.