Iraqi Dinar Discussion Board

[Rasica]

M2 is a 'Value' spreadsheet. Line 3 shows the decreasing exchange rate between the IQD/USD....as this number is reduced, the 'Value' for the Dinars increases (line 65).

The M2 does NOT show the M0 (Which Is The Physical Circulating Dinar)

M0: Physical currency. A measure of the money supply which combines any liquid or cash assets held within a central bank and the amount of physical currency circulating in the economy. M0 (M-zero) is the most liquid measure of the money supply. It only includes cash or assets that could quickly be converted into currency. This measure is known as narrow money because it is the smallest measure of the money supply.[6]