Replies to post #24655 on Iraqi Dinar Discussion Board (IQD)

[Aerospace]

There's a bit more to it then just the Exchange Rate. You have to look at the amount of currency they have also. Iraq has 46 trillion in M2. How much does the DR have? Very little in comparison.

check this out. Here is the proof.

http://www.photius.com/rankings/economy/stock_of_money_2010_0.html

Iraq is # 31, they have $26 Billion in money stock.

The DR is # 62, they only have $3.6 billion.

So Iraq has over 7 times more currency than the DR.

See how exchange rate doesn't tell the whole story.
Those numbers are from the end of 08, but they're still relevent.