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LOWER DENOMS


Silence Dogood
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My question to the group is: Since we have not seen denominations smaller than $50 .00 IQD... How can we calculate it so if they RV now the $50 IQD = say $1 U.S.? What would be the rate then? This way seems like they would RV 2 times or more but an easier transition for the country itself. It clears out the larger denoms and the second jump could be much higher without such a great loss. I was also thinking that the Visa cards they are handing out could be the replacement for the "in-between time" of the RV that way they dont have to have all the lower denoms out "overnight". Thoughts?

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Right now it can come in handy on camping trips! One can amuse by folding it into a paper airplane. Home owners can reach in and relight the furnace pilot light. Coke fiends will get a kick out of it! You can use it to stop a draft in a window.

Creative thing will allow you to use the 50 dinar note in many usefull ways, it just isn't worth a plug nickel yet. blink.gif

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Responders #2 & 3 aren't as funny as they think. Actually, maybe they are.

If there is an RV of $0.02, 50 dinar would equal $1.00. If you have 1 million dinar = $20,000. If you go onto Dinar Banker, you can actually key these values and they will do the multiplying. If I am wrong on this, #'s 2 & 3 will go into bash mode. At $0.10 RV 50 dinar = $5.00; 1 mill = $100,000

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