Engine1 Posted March 9, 2019 Report Share Posted March 9, 2019 19 hours ago, Miamiheatnic said: This is probably a dumb question but if they deleted the zeros, is that good or bad for us? Is that different than the RV or are they connected? Sorry again. Just trying to clear up confusion. Thank you all. From what I understand there is different ways to delete the zeros. Off the Bill's 25000 if you delete 3 zeros would be 25 this is called a redenomination. And you have it where they drop it from the actual value called revalue this is where if the dinar is worth .0008567 per dollar they drop the 3 zeros off the value and make it .8567 per dollar. Feel free to correct me if I am wrong. The redenomination I wouldn't want because they could do this without increasing the value of the dinar. Yup your 25000 note would be worth 25 and your 10000 note would be worth 10. I am hoping smaller bills and coins come out When that happens it will be hard for them to drop it off the bills because of the confusion. 1 2 Link to comment Share on other sites More sharing options...
3n1 Posted March 9, 2019 Report Share Posted March 9, 2019 54 minutes ago, Engine1 said: From what I understand there is different ways to delete the zeros. Off the Bill's 25000 if you delete 3 zeros would be 25 this is called a redenomination. And you have it where they drop it from the actual value called revalue this is where if the dinar is worth .0008567 per dollar they drop the 3 zeros off the value and make it .8567 per dollar. Feel free to correct me if I am wrong. The redenomination I wouldn't want because they could do this without increasing the value of the dinar. Yup your 25000 note would be worth 25 and your 10000 note would be worth 10. I am hoping smaller bills and coins come out When that happens it will be hard for them to drop it off the bills because of the confusion. i'm not a central banker either but what you have described is how i have understood the processes that said iraq has put out many conflicting or confusing articles or to me there has been anyways . removing zeros from the nominal value is key to people holding the physical iqd outside iraq then we have articles pointing to a redenomination which i feel will be the Low denominated notes below the 250 note and coins , some think removing the zeros was the drawdown of the large notes in circulation , my opinion only that it will happen at the same time ( new notes LD's ) and currency rate change , shabibi did speak of the old and new running together in the marketplace in iraq for a certain amount of time , many questions remain especially currency held outside iraqi borders we will not know till it happens ... cheers 6 2 Link to comment Share on other sites More sharing options...
tigergorzow Posted March 17, 2019 Report Share Posted March 17, 2019 DV, I wonder why the CBI no longer talks about "Delete The Zeros Project". Security & Stability currently exists IMHO. Hopefully once GOI is complete and "HCL" voted the CBI can finally implement this project and increase the value of the IQD. Always Keeping the faith!!!!!! 4 6 Link to comment Share on other sites More sharing options...
Half Crazy Runner Posted March 17, 2019 Report Share Posted March 17, 2019 1 hour ago, tigergorzow said: DV, I wonder why the CBI no longer talks about "Delete The Zeros Project". Security & Stability currently exists IMHO. Hopefully once GOI is complete and "HCL" voted the CBI can finally implement this project and increase the value of the IQD. Always Keeping the faith!!!!!! I’m hoping it’s still their plan, and I’m going to believe it is unless they come right out say delete the zeros is no longer happening. Yep! Keeping the faith!! 2 1 Link to comment Share on other sites More sharing options...
SocalDinar Posted March 19, 2019 Report Share Posted March 19, 2019 On 2/26/2019 at 5:46 PM, Botzwana said: Last time I flew was in 2009....Will never ever fly again. They charged me 25 bucks extra for my luggage. ONE bag. I would rather spend hours driving then fly with those bloodsuckers. Rich or not. LOL. I guess if you got the time and the gas money its cool. I pay off my electrical wholesale house i use for one of my business's every month with a credit card . $50,000 + a month on the credit card gets you a lot of skymiles.🙂 2 Link to comment Share on other sites More sharing options...
tigergorzow Posted March 20, 2019 Report Share Posted March 20, 2019 Botz Thanks, Come of Iraq git er done ASAP......The citizens deserve an increase of the IQD now......Always Keeping the faith. GO RV / RI 2 2 4 Link to comment Share on other sites More sharing options...
DropItLikeItsHot Posted March 20, 2019 Report Share Posted March 20, 2019 Botz, You made my morning! Nice find and thanks for the post! 1 3 Link to comment Share on other sites More sharing options...
dinarin Posted March 20, 2019 Report Share Posted March 20, 2019 Thanks Botswana for so great post really encouriging and appreciated..a lots of great news are coming and for years more than ever i feel that the dinar will be rv...thanks again¡.. "The Commission is determined to make these changes during the next phase " 2 4 Link to comment Share on other sites More sharing options...
colts469 Posted March 20, 2019 Report Share Posted March 20, 2019 1 2 3 Link to comment Share on other sites More sharing options...
pokerplayer Posted March 20, 2019 Report Share Posted March 20, 2019 Now that is one encouraging post ! Thxs Bot !! pp 5 Link to comment Share on other sites More sharing options...
blueskyline Posted March 20, 2019 Report Share Posted March 20, 2019 Thanks Botz ! ...... 1 4 Link to comment Share on other sites More sharing options...
cutter73 Posted March 20, 2019 Report Share Posted March 20, 2019 Thanks Botz!!! This made my morning!!! 2 2 Link to comment Share on other sites More sharing options...
gregp Posted March 20, 2019 Report Share Posted March 20, 2019 Great find, Botz!! 1 1 Link to comment Share on other sites More sharing options...
chris2028 Posted March 20, 2019 Report Share Posted March 20, 2019 Thanks Botz!! Great news to wake up too! 2 Link to comment Share on other sites More sharing options...
Jaygo Posted March 20, 2019 Report Share Posted March 20, 2019 When is the next session? In the past their “Next week” was actually this week. Could this be the same??? 2 1 Link to comment Share on other sites More sharing options...
DWS112 Posted March 20, 2019 Report Share Posted March 20, 2019 7 hours ago, Botzwana said: aimed at raising the dinar exchange rate GOOD ONE! Botz! 2 Link to comment Share on other sites More sharing options...
NEPatriotsFan1 Posted March 20, 2019 Report Share Posted March 20, 2019 7 hours ago, Botzwana said: not to follow the traditional methods are not appropriate at the moment." This is an extraordinary method! Once in a lifetime possibly...... No LOP no float..... just reinstate and let it ride?! Sorry this is me without our coffee yet.... wait till later after a coffee and a red bull.... I’ll probably be back in the forums like joe joe the idiot circus monkey 😂 🤞🏻🤞🏻🤞🏻 5 2 Link to comment Share on other sites More sharing options...
madisonjar Posted March 20, 2019 Report Share Posted March 20, 2019 36 minutes ago, NEPatriotsFan1 said: This is an extraordinary method! Once in a lifetime possibly...... No LOP no float..... just reinstate and let it ride?! Sorry this is me without our coffee yet.... wait till later after a coffee and a red bull.... I’ll probably be back in the forums like joe joe the idiot circus monkey 😂 🤞🏻🤞🏻🤞🏻 Your morning wake up call of this article wasnt enough to get you going you still need coffee, lol 3 Link to comment Share on other sites More sharing options...
WheresmyRV? Posted March 20, 2019 Report Share Posted March 20, 2019 Best news article to wake up too, thanks Botz! 5 Link to comment Share on other sites More sharing options...
NEPatriotsFan1 Posted March 20, 2019 Report Share Posted March 20, 2019 17 minutes ago, madisonjar said: Your morning wake up call of this article wasnt enough to get you going you still need coffee, lol Actually my wife was a little jealous of the wake up call...... she hasn’t seen me that excited in the morning in a long time lol 5 Link to comment Share on other sites More sharing options...
jg1 Posted March 20, 2019 Report Share Posted March 20, 2019 8 hours ago, Botzwana said: The Commission is determined to make these changes during the next (THIS)phase. Better late than never. 7 Link to comment Share on other sites More sharing options...
3n1 Posted March 20, 2019 Report Share Posted March 20, 2019 allrighty then lets go finance committee ... ty botz 5 Link to comment Share on other sites More sharing options...
Half Crazy Runner Posted March 20, 2019 Report Share Posted March 20, 2019 WOWZA Botz!!!! Best encouraging article I’ve seen in a long time!! A million thanks for the great mid-week pick me up!! #ImReadyToCashInAndCelebrate 2 1 1 Link to comment Share on other sites More sharing options...
Jaygo Posted March 20, 2019 Report Share Posted March 20, 2019 Curious what Adam will have to too this article? 3 Link to comment Share on other sites More sharing options...
navira Posted March 20, 2019 Report Share Posted March 20, 2019 Really good find botz, best article this week thus far. Let's go Iraq...Let's enact the financial admin. Go movement of change. Cheers all 9 Link to comment Share on other sites More sharing options...
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