Iraqi Dinar Discussion Board

[Aerospace]

Imagin that. A dinar dealer that doesn't understand REDENOMINATION.
The new currency will have a new value.
The current currency will continue to have the same value it has now, it will simply become invalid at the end of the exchnage period.
Iraqis will be able to exchnage 1000 current for 1 new... therefore lopping 3 zeros from the currency.

That is how Turkey, Russia and Brazil did it... and they have used those countries as an example of what they will do.
Not only is that how those 3 countries redenominated, it's how EVERY country that has ever redenominated has done it.
Only difference is the amount of zeros.