trvlr787 Posted April 4, 2019 Report Share Posted April 4, 2019 Just read an article about the Algerian Dinar. Now bear in mind the economy of Algeria is based 90% on oil. Sound familiar. We have said and heard that the IQD is undervalued. Now compare the exchange rates DZD = .0084 cents per DZD. IQD = .00084 cents per IQD. Not an enormous amount but significant. So this really tells us that the IQD is truly undervalued. How much is what the market will eventually tell us. 1 7 Quote Link to comment Share on other sites More sharing options...
Artitech Posted April 4, 2019 Report Share Posted April 4, 2019 What is the conversion rate.8 cents? For the Algerian dinar. Thanks in advance! Quote Link to comment Share on other sites More sharing options...
trvlr787 Posted April 4, 2019 Author Report Share Posted April 4, 2019 3 hours ago, Artitech said: What is the conversion rate.8 cents? For the Algerian dinar. Thanks in advance! .0084 according to internet when I googled it Quote Link to comment Share on other sites More sharing options...
Artitech Posted April 4, 2019 Report Share Posted April 4, 2019 2 hours ago, trvlr787 said: .0084 according to internet when I googled it How much does it work out to in US dollars Quote Link to comment Share on other sites More sharing options...
trvlr787 Posted April 5, 2019 Author Report Share Posted April 5, 2019 5 hours ago, Artitech said: How much does it work out to in US dollars So according to that 1 million Algerian Dinar would be worth $8400 whereas 1 million Iraqi dinars are worth $840. The whole emphasis is that both have corruption and their economy is dependent on oil at about the same percentage. Comparing the circumstances on both countries their value (Algeria’s) is 10 times Iraq’s. 1 1 Quote Link to comment Share on other sites More sharing options...
Artitech Posted April 5, 2019 Report Share Posted April 5, 2019 (edited) Thank you for the explanation! Edited April 5, 2019 by Artitech Forgot word Quote Link to comment Share on other sites More sharing options...
DinarThug Posted April 5, 2019 Report Share Posted April 5, 2019 42 minutes ago, trvlr787 said: So according to that 1 million Algerian Dinar would be worth $8400 whereas 1 million Iraqi dinars are worth $840. Or In Other Words U Would Use The Iraqi Dinar Like Toilet Paper To Wipe Ur Butt - And The Algerian Dinar Slightly More Sparingly Like Kleenex To Blow Ur Nose ! Hope This Helps ... 6 Quote Link to comment Share on other sites More sharing options...
trvlr787 Posted April 5, 2019 Author Report Share Posted April 5, 2019 58 minutes ago, DinarThug said: Or In Other Words U Would Use The Iraqi Dinar Like Toilet Paper To Wipe Ur Butt - And The Algerian Dinar Slightly More Sparingly Like Kleenex To Blow Ur Nose ! Hope This Helps ... And you would hope the IQD would have enough strength to hold together and not leave you holding a wad of crap. 2 Quote Link to comment Share on other sites More sharing options...
idplzr Posted April 6, 2019 Report Share Posted April 6, 2019 On 4/4/2019 at 8:35 PM, trvlr787 said: And you would hope the IQD would have enough strength to hold together and not leave you holding a wad of crap. Or hope your finger doesn’t break through while wiping 🙄 1 1 Quote Link to comment Share on other sites More sharing options...
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