Homefront Posted February 8, 2012 Report Share Posted February 8, 2012 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) Thank You For Your Time! 1 Link to comment Share on other sites More sharing options...
sportfisher Posted February 8, 2012 Report Share Posted February 8, 2012 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) Thank You For Your Time! 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. 1 Link to comment Share on other sites More sharing options...
Homefront Posted February 8, 2012 Author Report Share Posted February 8, 2012 sportfisher , Thank You! Lets pray that does not happen! 1 Link to comment Share on other sites More sharing options...
dinard9888 Posted February 9, 2012 Report Share Posted February 9, 2012 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 Link to comment Share on other sites More sharing options...
dinarck Posted February 10, 2012 Report Share Posted February 10, 2012 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) Thank You For Your Time! 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. 2 Link to comment Share on other sites More sharing options...
matus55 Posted February 11, 2012 Report Share Posted February 11, 2012 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) Thank You For Your Time! 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. 1 1 Link to comment Share on other sites More sharing options...
mrwhitewolf69 Posted February 11, 2012 Report Share Posted February 11, 2012 UMM only time will tell we all are hoping for the best scenario 1 Link to comment Share on other sites More sharing options...
MovieMaker Posted February 11, 2012 Report Share Posted February 11, 2012 Interesting and educational. go rv . . .PLEEEEEASE!!!!? Link to comment Share on other sites More sharing options...
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