Dinar Value (000's)and Exchange Rate Are Separate Events

mission 1 at 07h48
23
Feb
2010
Dinar Value (000's)and Exchange Rate Are Separate Events

Here’s something to consider….

The dropping of the zeros is just an in country occurrence …. It is completely irrelevant to an Iraqi what the exchange rate is compared to the dollar when he is buying a loaf of bread. Value is relative….. If an Iraqi decides to leave the country for a trip to the US and he needs to exchange dinar for dollars then he will find out what the value of h
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23/02/2010 at 07h48 by "mission 1"