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The Value Will Go Up & The Zeros Go Away. 


Luigi1
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Luigi found these articles of Dinarian interests...

Several Gurus explain the RV process.

Treat as Rumors. Not verified. Your opine.

 

 

2-22-2021   Newshound Guru Clare:

   [new Guru]  Article:  "To the executive branch to the Central Bank of Iraq"  Quotes:  "A new exchange rate is required for the Iraqi dinar towards the US dollar, which is one dinar equals one US dollar...; "...in the future to return a new exchange rate Each dinar equals $3, as it was..."   THIS IS AN AWESOME ARTICLE...THE 3 ZEROS WILL BE REMOVED FROM BOTH (NOTES & EXCHANGE RATE)- HENCE IN THE ARTICLE IT SAYS "and according to the new exchange rate 1000 dinars equals 1000 US dollars,"  THAT IS A 1 to 1 EXCHANGE RATE RIGHT THERE IN IRAQ...imo.

2-22-2021   Newshound Guru Breitling:

   [Question:  What do you think the dinar can revalue at if it revalues in the next few months...Is March/April still the target date for revalue?]   ...It's between .55 and .66 cents.  .55/.66 cents was before the oil markets took a big hit...as far as a time frame from what Iraq is looking at - remember they wanted to devalue their currency, renegotiate on paying back their loans at a cheaper rate and then see where they're at and hit that milestone in April.  That's exactly what their words are.  Meaning, what can they do.  How are they going to treat the currency.  That's not off the table.  That's still there.  That means a lot for you and me. 

 

2-23-2021   Intel Guru MarkZ:

   [via PDK]    [Have you heard they are deleting the zeros?]  This is how it has worked in the past-in all countries that have revalued…this is how its going to work this time…this is how it has worked in Kuwait…in Japan…in Germany…this is how it worked 3 times in the past in Iraq.  They raise the value then they get rid of the bills that have all the zeros…its called deleting the zeros and everybody panics when they hear this…do not….  Going through the articles over the last couple of weeks they talk about raising the value and then removing the zeros.  So the value goes up and the zeros go away.  Lets keep the math as simple as possible. Lets say the dinar goes to $1. That means your 25,000 note would be worth $25,000 dollars...

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14 hours ago, Luigi1 said:

 

 

2-22-2021   Newshound Guru Breitling

   [Question:  What do you think the dinar can revalue at if it revalues in the next few months...Is March/April still the target date for revalue?]   ...It's between .55 and .66 cents.  .55/.66 cents 

i can live with that rate 0.66 cents. but how did you come up with 0.55/0.66 cents?

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