Replies to post #21611 on Iraqi Dinar Discussion Board (IQD)

[ema-266]

Looks like he is speculating a rate of 1 IQD = .85

So by his speculation he is saying the revaluation will be at .85

So 1,000,000 IQD would = $850,000


I think I will stick with what the Iraqis said this past week and that is that after this event 1 IQD will be at or just above $1.

IMHO

Go DINAR!~

[TechStockBob]

This is really simple if one ends up going from 1 million dinar down to 1 thousand and you paid $820 for that 1 million then somehow the new 1 thousand dinar MUST be worth the same if they are not going to screw us.
$820 divide 1 thousand equals a new .82 cent dinar worth for me. This is just conversion not ant reval. The currency itself is worth more so the figures are off a tad but should be easliy seen. Now lets reval this $1 US Dollar after the new money has been distributed plus keep in mind they had better keep the value inline when they converted the 3 zeros or we would be screwed.

So we simply have 1,000 dinar @ .82 cent now we reval a buck and the 1000 dinar are now worth $1.82 paer dinar or $1820 per thousand but understand we no long hold millions of dinars.

Actually under the same we would basically use the .0009 or 1000 x .0009 = .90 to get closer to the worth. That .90 is without any reval period.

Do I want that NOPE! I want all my millions of high note dinars to be converted to lower notes dinars but I want the same amount of dinars as I saterted with, It won't happen no matter how much a pray but as said prior we still have not lost our money and you could have easily with pennies as you know!