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Aerospace

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Aerospace

Re: bubblehead post# 24338

Tuesday, 04/20/2010 11:39:18 AM

Tuesday, April 20, 2010 11:39:18 AM

Post# of 29692
The dinar won't be given any value. It is currently at .00085. That's probably where it will stay until they lop, late this year or next year. You will have to exchnage all your dinar for new dinar. You will have to give 1000 to get 1. So if you have 1 million you will end up with 1 thousand. The new dinar will be valued at .85. See article posted by Sportfisher.
This is why people at banks are laughing at people coming in talking about cashing in and becoming millionaires.
Dealers will probably charge a huge fee to exchange... if they exchange at all. Iraq might crack down on all currency re-entering the country.

Dow Jones Newswire: A current 25,000 Iraqi dinar banknote will become IQD25, and a dollar will equal only 1.17 dinars.

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