Iraq: Exotic Currencies Are To Go At The Same Time.

[Luigi1]

Luigi found this article of Dinarian interests...

It appears Iraq is waiting on other currencies to all go at the same time.

Iraq may be waiting on other countries to revalue.

Treat as a rumor.  Not verified.  Your opine.

 

 

 

EDU:  (VIDEO)

Iraq News:   News, Iraq responds to IQD revalue, demands exchange rates of exotic currencies, IQD, VND, ZIM & USD.  Economist Dhurhgam Ali talks about the mechanics of the revaluation of the IQD.

[rvmydinar]

2 hours ago, Luigi1 said:

EDU:  (VIDEO)

Iraq News:   News, Iraq responds to IQD revalue, demands exchange rates of exotic currencies, IQD, VND, ZIM & USD.  Economist Dhurhgam Ali talks about the mechanics of the revaluation of the IQD.

" Ali talks about the mechanics of the revaluation of the IQD " ,  Hmm i like the sound of this.  I wish i can watch the video with an english subtitle.

[markb57]

I didn't think ZIM existed anymore....?

[coorslite21]

Exotic currency???

 

That must be what those camel riding belly dancers use while traveling thru the desert....😮

[hspotman]

13 hours ago, markb57 said:

I didn't think ZIM existed anymore....?

This should be an indicator of the BS-ness of this post.

[Longtimelurker]

14 hours ago, markb57 said:

I didn't think ZIM existed anymore....?

👍

 

 

Use of the Zimbabwean dollar as an official currency was effectively abandoned on 12 April 2009. It was demonetised in 2015, with outstanding accounts able to be reimbursed until 30 April 2016.[5][6] In place of the Zimbabwean dollar, currencies including the South African rand, Botswana pula, pound sterling, Indian rupee, euro, Japanese yen, Australian dollar, Chinese yuan, and the United States dollar were used.[7][8]

 

On 24 June 2019, the Reserve Bank of Zimbabwe abolished the multiple-currency system and replaced it with a new Zimbabwe dollar (the RTGS Dollar),[9] which was the only official currency in the country between June 2019 and March 2020, after which multiple foreign currencies were allowed again.

 

 

[Longtimelurker]

1 minute ago, Longtimelurker said:

👍

 

 

Use of the Zimbabwean dollar as an official currency was effectively abandoned on 12 April 2009. It was demonetised in 2015, with outstanding accounts able to be reimbursed until 30 April 2016.[5][6] In place of the Zimbabwean dollar, currencies including the South African rand, Botswana pula, pound sterling, Indian rupee, euro, Japanese yen, Australian dollar, Chinese yuan, and the United States dollar were used.[7][8]

 

On 24 June 2019, the Reserve Bank of Zimbabwe abolished the multiple-currency system and replaced it with a new Zimbabwe dollar (the RTGS Dollar),[9] which was the only official currency in the country between June 2019 and March 2020, after which multiple foreign currencies were allowed again.

 

 

What currency is used in Zimbabwe currently?

 

the Zimbabwe dollar

 

Whilst the primary legal tender in Zimbabwe is the Zimbabwe dollar (ZWL), it is currently possible for tourists to transact using the US Dollar at the official exchange rate. There are some bureaux de change which will accept and change foreign currency, particularly US dollars.

 

 

[Luigi1]

1 hour ago, Longtimelurker said:

👍

 

 

Use of the Zimbabwean dollar as an official currency was effectively abandoned on 12 April 2009. It was demonetised in 2015, with outstanding accounts able to be reimbursed until 30 April 2016.[5][6] In place of the Zimbabwean dollar, currencies including the South African rand, Botswana pula, pound sterling, Indian rupee, euro, Japanese yen, Australian dollar, Chinese yuan, and the United States dollar were used.[7][8]

 

On 24 June 2019, the Reserve Bank of Zimbabwe abolished the multiple-currency system and replaced it with a new Zimbabwe dollar (the RTGS Dollar),[9] which was the only official currency in the country between June 2019 and March 2020, after which multiple foreign currencies were allowed again.

 

 

 

The Zim we hold prior to 2016 is a dead currency replaced by newer Zims.  They are mear conversation pieces.  Wotythless.

However, you can still call yourself a trllionaire in theory, only.

[markb57]

I remember seeing a photo showing thousands of Zim bills blowing around in the streets in Zimbabwe. It was rather scary to think that can happen anywhere....

[Longtimelurker]

On 11/19/2021 at 5:45 PM, markb57 said:

I remember seeing a photo showing thousands of Zim bills blowing around in the streets in Zimbabwe. It was rather scary to think that can happen anywhere....

I believe the USD will be worthless pretty soon👍

[screwball]

On 11/20/2021 at 12:32 AM, hspotman said:

This should be an indicator of the BS-ness of this post.

yes ZIM is bullshit you will make no money,

[screwball]

On 11/20/2021 at 9:45 AM, markb57 said:

I remember seeing a photo showing thousands of Zim bills blowing around in the streets in Zimbabwe. It was rather scary to think that can happen anywhere....

they have replaced them so many times, removed so many zeros so many times that the currency is shite

[cjdavid]

1 hour ago, Longtimelurker said:

I believe the USD will be worthless pretty soon👍

It won’t last another three years if things don’t change. I don’t have much hope in midterms…they know how to cheat the system on voting. Then you have imbeciles like the Rhinos that add to the concerns. TERM LIMITS!

[Longtimelurker]

1 hour ago, cjdavid said:

It won’t last another three years if things don’t change. I don’t have much hope in midterms…they know how to cheat the system on voting. Then you have imbeciles like the Rhinos that add to the concerns. TERM LIMITS!

We need to get rid of our (meant for failure) system and start a new one designed with "we the people" in mind.