Iraqi Dinar Discussion Board

[Mr. Bill]

Well the IQD is PEGGED at a FIXED rate right now and there are talks of limiting change once it comes out to a 2% range.

The IQD is NOT like a normal currency out there today - so who is to say once something does happen it will immediately be treated like a normal currency?

I could well see it take time and work it's way to that point.

I like what I heard with BGG about perhaps having a fixed rate for a while and then moving up again over time with a new fixed rate, etc.

I think if anything they will come out lower and work higher and not shoot to come out to high unless at a fixed rate of exchange.

Time will tell