Iraqi Dinar Discussion Board

[WayneC777]

Well if you have read this board you will have seen the two sides.
LOP is a way of revaluing the money but you have to devalue to money in order to make that Value larger and it is followed by reprinting the money and will have to exchange it within a few months.
The other is a revalue with out reprinting the money. They will just take the .000 of the .00086 and drop the three zero's and scoot the 86 over to the decimal. So then you would have .86 instead of .00086

Meaning if your holding 1,000,000.00 Dinars, it will be worth $86.000,000.00 US.

That is the "KEY" to a LOP, they reprint the money and it will have to be turned in by a certain time. And the report that came out back in January said they were going to remove the bigger notes "Gradually"

7 PR's down
The Central Bank of Iraq is Raising the Value of Dinar Gradually
*LOP - Not Mentioned, Nor Implied
04 January 2009 ( Iraq Directory )

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