Dinar News Redenomination Explained

[bellypod]

Here is a brochure explaining redenomination. In order to understand it all you have to do is insert Iraqi dinar for Venezuelan Boliver. EXTREMLY INOFRMATIVE....

http://www.reconversionbcv.org.ve/pdf/TripticoColorIng.pdf

[bootsintaji]

Iraq plans to revalue currency

Posted on

[dreamstealer]

What you posted is almost 4 years old. I don't know what you're getting at.

[bootsintaji]

I read the wrong date on the website

[themerolas]

It certainly makes sense to do this, but if the currency is so advanced and costs so much to make, would it truly be worthwhile reprinting it all in the lower denominations?

[rupus77]

other than give everyone millions..lol..printing paper is not that expensive..unless you use a HP printer...lol...guys, we need to prepare for a LOP and hope for a RV/RI..sorry for the negativity

[jocko129]

:)Very, very old news!!!!

[zoomzoom]

Why are so many people stuck on this LOP business. To reduce the number of notes people carry with the smaller denominations the notes have to be worth more. Period

[lola]

Sorry I am new. What is LOP.....Thank you in advance.....LOLA

[82ndAirborne]

A LOP is where an inexperienced barber cuts off a wad of hair and tries to hide it.

[Torey0112]

Does the currency redenomination

imply devaluation?

No. The same conversion ratio 1,000 to 1 will be

applied for foreign monetary terms. In other words,

its ratio is maintained and there is no devaluation of our monetary sign.

[Torey0112]

Great article. Same value when done this way. This article talks of the same thing Iraq wants to do. we are not going to be rich! that sucks

[azmag01]

thank you for the info

[Kent]

Here is a brochure explaining redenomination. In order to understand it all you have to do is insert Iraqi dinar for Venezuelan Boliver. EXTREMLY INOFRMATIVE....

http://www.reconversionbcv.org.ve/pdf/TripticoColorIng.pdf

Very clear. Thanks. Lets hope they do at least a small RV before a redenomination as implied in this other string: http://dinarvets.com/forums/showthread.php?9351-Plan-to-increase-the-value-of-the-dinar-against-the-dollar

[camel-jockey]

This does not apply in this instance

[apostle]

I think I like the hair comment the best so far.....

[afarns]

This does not apply in this instance

What makes you think that? It seems to me pretty much the exact same scenario.

[CaptainJack]

Was there any talk of redenomination in Real RV Intel? I never got the book so I was just curious.

[mrref]

I don't know why everybody is hooked on LOP ain't gonna happen, Iraq is trying to REVAL. not DEVAL what is so hard about that, its plain and simple to understand..................