Kuwait had less than 400 million dinars at the time. Yes, less than 400 million. Saddam stole billions of dinars from the central bank. That drove down the street price, the official rate never changed, bank accounts remained stable, it was only the cash on the street...so some people panicked and traded their dinar for a lower rate. As soon as the war was over, Kuwait isssued a new currency and checked the serial number on every single dinar exchnaged. They honored none of the dinar stolen by Saddam. They started with less than 400 million, and finished with less than 400 million.
Iraq on the other hand... they had 20 billion at one time and now have over 35 trillion.... MASSIVE difference.
What happened in Kuwait has NOTHING to do with what's happening in Iraq. Totally different situations.
