Kandi!!
You got it!!!
Great work!
It took me awhile to get my head around the numbers but the oandacurrencyconverter
helped a lot!
Peace![/b]
THANKS FOR YOUR HELP!!! NOW I FEEL SMART!!! GO RV!!
I agree, if the IQD is worth .86 to the USD, then that is correct, and the exchange rate would show 1 USD = 1.17 IQD. BUT if the exchange rate shows 1 USD = .86 IQD, then that is not true and the 1 IQD would be worth $1.17 USD.
Look at the Kuwait exchange rate, 1 USD = .267 KWD (approximately) so 1 KWD is equal to 3.75 USD.
I see what you are saying, but I think there is a contradiction in your first post... First you said I would get $1.17 USD for my 1 IQD... then you said it would cost .86 IQD to get $1.17 USD.
If I'm understanding correctly, If I took 1 USD in, they would give me .86 IQD, and if I took 1 IQD, they would give me $1.17 USD. Is that right or am I still messed up?
Thanks for your help!!
Simple explanation – at the exchange rate of .86 then it would cost 1.17 USD to buy 1 IQD. And it would only cost .86 IQD to buy 1.17 USD.
Makes sense, but wouldn't .86 IQD buy 1 USD?? Not 1.17 USD?