ringer1 Posted March 9, 2010 Report Share Posted March 9, 2010 Let's say the dinar rv's but I don't want to trade in all my dinar. But they plan on lopping off the zeros by the end of 2010. Where or what can I do to trade in my old notes (with zero's) for the new notes (without zero's) so I can exchange the new notes later and not lose them during the conversion?I haven't seen anything on this subject. The only things I have seen are the people that are going to turn in all of their dinars as soon as it rv's. I have also seen where people are going to hold on to some but they don't say what they are going to do if they do lop.Any help will be greatly appreciated. Link to comment Share on other sites More sharing options...
uonedery Posted March 9, 2010 Report Share Posted March 9, 2010 why not make it simple and trade in all your notes and buy small ones, the rate is not going to change when you buy and sell on the same day Link to comment Share on other sites More sharing options...
ringer1 Posted March 9, 2010 Author Report Share Posted March 9, 2010 why not make it simple and trade in all your notes and buy small ones, the rate is not going to change when you buy and sell on the same dayAre the banks that will be exchanging the IQD for USD have the ability to trade out the old currency for the new currency? And if they can, will we there be a fee charged for swapping a currency will be worthless by the end of 2010 for the new currency with the same value? By the word "we" I mean everyone who doesn't live in Iraq and must swap their currency here. Link to comment Share on other sites More sharing options...
War Eagle Posted March 9, 2010 Report Share Posted March 9, 2010 There will not be a "new" currency. It's only the large currencies with the 3 zeros that will be extent at the end of 2010. Link to comment Share on other sites More sharing options...
ringer1 Posted March 10, 2010 Author Report Share Posted March 10, 2010 There will not be a "new" currency. It's only the large currencies with the 3 zeros that will be extent at the end of 2010.Maybe I worded it wrong. Maybe I should have used "notes" instead of "currency"Thanks Link to comment Share on other sites More sharing options...
god bless Posted March 10, 2010 Report Share Posted March 10, 2010 if you don't,they will be worthless. Link to comment Share on other sites More sharing options...
god bless Posted March 10, 2010 Report Share Posted March 10, 2010 ..take all the dinars and exchange them,while you can. Link to comment Share on other sites More sharing options...
god bless Posted March 10, 2010 Report Share Posted March 10, 2010 cash in all the dinars and buy small bills with ,maybe half of your dinars. Link to comment Share on other sites More sharing options...
god bless Posted March 10, 2010 Report Share Posted March 10, 2010 with the small dinars,you can change them,whenever you heart desires, Link to comment Share on other sites More sharing options...
ringer1 Posted March 11, 2010 Author Report Share Posted March 11, 2010 with the small dinars,you can change them,whenever you heart desires,That's my hope. I also hope we are not charged a fee for swapping notes since they will still be worth the same. Link to comment Share on other sites More sharing options...
patches4766 Posted March 11, 2010 Report Share Posted March 11, 2010 can anyone tell me if there is a"time frame" for exchanging the dinars for USD once the RV happens? And if there is, what is that time frame? Link to comment Share on other sites More sharing options...
Kenneth Posted March 11, 2010 Report Share Posted March 11, 2010 Are you going to have to pay taxes when you cash in large amounts? Are the banks going to make you have an account with them? Link to comment Share on other sites More sharing options...
gr8cooker142 Posted March 11, 2010 Report Share Posted March 11, 2010 take the money and RUN!!!!!!!!!!!!!!!!!!!!!!!!!!! Link to comment Share on other sites More sharing options...
Linda Bower Posted March 11, 2010 Report Share Posted March 11, 2010 Is it possible to deposit your dinars into a US bank as dinars and wait to exchange it at a later date (withdrauing smaller denominations?) Link to comment Share on other sites More sharing options...
jim eryl Posted March 17, 2010 Report Share Posted March 17, 2010 True, I am planning to sell some and wait than as the price raises sell more and soforth Link to comment Share on other sites More sharing options...
jim eryl Posted March 17, 2010 Report Share Posted March 17, 2010 a lot is based on the price and than plan the best route that will work Link to comment Share on other sites More sharing options...
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