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If the Iraqi Dinar has two zeros lopped off will an investment of 1000.00 USD in Iraqi Dinar become worth less. I believe that I read somewhere that the value stays the same against foreign currency?
The Central Bank of Iraq has stated many times that they will not "lop" the currency but the rate. The rate is .00085 USD to 1 dinar. The CBI will "lop" 3 zeros off the rate to make it .85 USD to 1 dinar. So if you purchased 100,000 dinar for $100 USD back in 2004 as a example...you investment after 3 zero's off the rate will be $85,000 USD for 100,000 dinar. Not bad return for $100 USD investment in 2004.
What is the dinar RV status?
It's still on hold. Chances are it will be redenominated, not revaluated, which means striking off 3 zeros from the currency. 25,000 dinar thus becomes 25 dinar, or, according to the Central Bank of Iraq estimates, equivalent to 23 USD. No, we can't expect to become millionaires just because we're holding onto 1,000,000 or so IQD. And how I, for one, had dreamed of quitting my day job.
Are the Iraqi dinars going to revalue this yearwww?
The answer is yes. when? Possibly in June of 2011. By then the us troops will be pulled. The budget will be finished and all of the goi will be completed. Something to keep in mind it really can happen at any time but June is looking like the most possible time. Iraq is scared to re value the iqd based on the fact they are the third richest oil company in the world and they don't want to lose a lot of there income. The reason they will lose money is based off of the percentages of differnt countrys who own stock in dinar. There is roughly 5 trillion dollars in dinar not in Iraq so if it is valued roughly at 3 dollars per dinar that's 15 trillion dollars lost in income through the country. Look for Iraq to take as much time as they possibly can to avoid the re value until they can have enough saved in oil to compensate for the 15 trillion dollar loss. Luckily for Iraq at the end of this year Iraq should have 93 trillions worth of oil. Let's pray for a rv soon but look for it in June. Ps. Please do not!!!!!!! Buy dinar on reserve on certain dinar trade sites it is a scam you do not get your money back if you do not pay the rest of the balance due. U lose 131 dollars average. I'm just saying spend the money on buying actual iqd that way you don't have to worry about those sites actually sending you the dinars if it rv before your 30 days are up. Just rember only spend what you can afford just think of it as another bill. It will pay off in the end if Iraq can finally get all the elements in order. Pray for rv!!! I know I am
How do you say drop off in french?
Drop off
Past tense of drop off?
The past tense of "drop off" would be "dropped off".
When did Drop Off happen?
Drop Off happened in 1989.
When was Drop Off created?
Drop Off was created in 1989.
How can you use drop off in sentences?
you can drop your child off at the program
When was Drop Me Off in Harlem created?
Drop Me Off in Harlem was created in 1933.
What are the release dates for Off to Iraq - 2007?
Off to Iraq - 2007 was released on: USA: 15 March 2007 (Delray Beach Film Festival)
What actors and actresses appeared in Off to Iraq - 2007?
The cast of Off to Iraq - 2007 includes: Sean Becker Payman Benz Chris Darnell
What is 4000000000000 divided by 100?
40000000000
