BANG! That is the one factor missing that in my opinion is key.
The only true measure of total physical currency
is the M0 (zero) and the only numbers avalible for Iraq are from 2008.
On the CBI site only the M1 and M2 numbers are presented and NOT the M0.
The true fact is the actual M0 of Iraq is classified and cannot be found anywhere.
The only M values to be found on the accounting records of the CBI are the M1 and M2 values and not the M0.
The reason this M0 data is missing is to prevent the very thing you are attempting to do in vain which is by the use of available factual data you have attempted to reverse engineer the numbers provide by the CBI to attempt to place a potential value upon the Iraqi Dinar.
There is a reason for this missing data and that reason is to stem speculation and to cause doubt and confusion and it is apparent that this has been extremely effective.
M0 = 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.
M1 = The M1 is a very liquid measure of the money supply, as it contains cash and assets that can quickly be converted to currency.
M2 = A category within the money supply that includes M1 in addition to all time-related deposits, savings deposits, and non-institutional money-market funds 401Ks, etc.
Disclaimer: Do not buy or sell any stock, currency or commodities
based upon this post or any of my post. Please do your own due diligence and the best of luck to all!~
