YANNAVIA Posted July 3, 2013 Report Share Posted July 3, 2013 It seems to me that this is the lower denoms being released, not a redenom of the currency. Link to comment Share on other sites More sharing options...
eaglefan Posted July 3, 2013 Report Share Posted July 3, 2013 Am I actually the only one here that clearly sees the word, redenominated , as simply stating that these new notes simply have a lower denomination or number on them? Instead of value to them. Come on peeps work with me here, The Iraqi Government formed a Committee to set the value of the Iraqi dinar 2013-06-10 Read more: http://dinarvets.com/forums/index.php?/topic/150997-the-iraqi-government-formed-a-committee-to-set-the-value-of-the-iraqi-dinar/#ixzz2Vw9q6H2B The topic article tells us the notes are, and have been for a while, printed. The second one tells us that the powers that be in Iraq are to determine the value. Why is it that some just don't want to see what is plainly before there eyes. I see it the same way you do Link to comment Share on other sites More sharing options...
Catluver67 Posted July 3, 2013 Report Share Posted July 3, 2013 I see it the same way you do Completely agree. Have never understood the other argument at all. Link to comment Share on other sites More sharing options...
dontlop Posted July 3, 2013 Report Share Posted July 3, 2013 (edited) I don't see them what day in july are they supposed to be out ? i heard this was canciled last september.. but if it was smoke .. and you expected them .. was it supposed to be on the 1st of july ? what day are you thinking they should be out if it says july ?thats a whole month . it just started .. dont get me wrong .. i dont see them either . but should we give them the entire month .. or call it now ? clown Edited July 3, 2013 by dontlop 1 Link to comment Share on other sites More sharing options...
elmstreet61 Posted July 3, 2013 Report Share Posted July 3, 2013 Redenominated banknotes? Um... Why are we all cheering this?! Perhaps because re denominated small bank notes suggests that, should the IQD go close to parity with the dollar...ya don't want to carry around 10k or 25k bills...you want 1, 5, 10, 20 and 50 dinar notes to buy groceries with. Makes sense to me...the large notes we know could be used for big business transactions, but more than likely they will be called in and destroyed in due course. Link to comment Share on other sites More sharing options...
Iceberg Posted July 3, 2013 Report Share Posted July 3, 2013 My ?uestion may be stupid, but here goes! What happens to our dinars that have large denominations???? Will we have a chance to exchange it????? I purchased my dinar directly from the bank while in Iraq back in 2005! It's the post Saddam dinar , withouut his face! I have 1 million in extremely large denomnations and the rest I think is in 10,000 denominations!!!!! Somebody HELP!!!!!!!!!! Link to comment Share on other sites More sharing options...
zigmeister Posted July 3, 2013 Report Share Posted July 3, 2013 My ?uestion may be stupid, but here goes! What happens to our dinars that have large denominations???? Will we have a chance to exchange it????? I purchased my dinar directly from the bank while in Iraq back in 2005! It's the post Saddam dinar , withouut his face! I have 1 million in extremely large denomnations and the rest I think is in 10,000 denominations!!!!! Somebody HELP!!!!!!!!!! Either way it goes they will honor them. Don't worry. 1 Link to comment Share on other sites More sharing options...
snakes251 Posted July 3, 2013 Report Share Posted July 3, 2013 Well, it would suck if they straight up RD's and we're left with gobs of lopped bills. However, the US used to have large denominations, such as the $1000 bill from 1918. It's still honored at face value if you turn it in...sometimes MORE! We can only hope it will be the same case with the IQD. Link to comment Share on other sites More sharing options...
zigmeister Posted July 3, 2013 Report Share Posted July 3, 2013 Well, it would suck if they straight up RD's and we're left with gobs of lopped bills. However, the US used to have large denominations, such as the $1000 bill from 1918. It's still honored at face value if you turn it in...sometimes MORE! We can only hope it will be the same case with the IQD. It will they stated it yesterday. Link to comment Share on other sites More sharing options...
Sweet baby dinar Posted July 3, 2013 Report Share Posted July 3, 2013 what day in july are they supposed to be out ? i heard this was canciled last september.. but if it was smoke .. and you expected them .. was it supposed to be on the 1st of july ? what day are you thinking they should be out if it says july ?thats a whole month . it just started .. dont get me wrong .. i dont see them either . but should we give them the entire month .. or call it now ? clown Thanks Link to comment Share on other sites More sharing options...
usarmy Posted July 3, 2013 Report Share Posted July 3, 2013 Remember, the closer we all get to an RV there is always going to be someone trying to scare you so that you sell yours before the RV actually happens!! That's my about it!!! GO RV!!!!!!!!!! 1 Link to comment Share on other sites More sharing options...
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