“Eliminate the zeros…currency values will be modified accordingly. Instead of representing amounts in billions, they will be shown in millions. The aim of this change is to maintain the worth of the Iraqi dinar…It also seeks to adjust the exchange rate.” Do you understand? Adjust the exchange rate…These actions are interconnected. The initial step will be to eliminate the zeros. We hope they refrain from doing so. Keep your fingers crossed that they don’t. Therefore, your [25,000] Iraqi dinars, after the zeros are removed, will appear as [25]…They will modify the exchange rate. We have no clarity on what the new exchange rate will be. Suppose it is $1.50 [and you possess 5 million dinar]…this would equate to just over $5,000 in value. Not quite what we anticipated…At least you will recover some of your investment. Naturally, this perspective may not be well-received within the dinar community… [Stay tuned to dinaropinions.com as other experts share their insights on the implications of dropping the zeros for your dinar.]
These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinion
