Fiscal comparison of all GCC countries

[Upgradable]

Just Hopin: The following is a cursory glance at the six nations which comprise of the GCC and how it compares to Iraq. The six nations which is made up of Kuwait, Bahrain, Oman, United Arab Emirates, Qatar, and Saudi Arabia indicate exchange rates ran...ging from about $0.27 USD upward to $3.61 USD and averaging $1.61 USD. The economic indicators primarily reflect conditions as of 2010.

The grid offers some indication of the strengths of the GCC union and how it collectively compares directly to Iraq. Each economic indicator and the GCC country which compared the closest was extracted and then summarized below. The eight indicators provided an overall average exchange rate of $1.98 USD and a median exchange rate of $2.60 USD. By comparison Oman compared closest overall with similarities in Debt to GDP ratio, Inflation rate, and Global Exports.

The economic profile is not empirical evidence of a future exchange rate and is subjective to opinion. However it does promote the theory of a future revaluation as Iraq’s GCC neighbors each have an exchange rate of $0.27 USD to $3.61 USD. As demonstrated by the economic profile Iraq fares equal to or better than its Middle East counterparts.

Here's the link to spreadsheet. Click on "View Document" to see full size: http://www.4shared.com/document/LLhr6VN2/gcc_economic_profile.html

[FrankenSLI]

Which is exactly why a lop seems weird here. If they lopped the currency still in circulation there would not be enough money left in the country to function.