Pimpy

Pimpy – Dinar Guru  So let’s say they didn’t delete the zeros.  You have a 25,000 dinar note.  Times the current exchange rate .00076 comes out to $19 [25,000 X .00076 = $19].  If they delete the zeros your 25,000 dinar becomes a 25 dinar…You take the 25, now the zeros are going, multiply the exchange rate, which they took the 3 zeros off, which is .76 is still $19 [25 X .76 = $19]…With the zeros, $19.  Without the zeros, $19…..The nominal value will change, but not the actual value…They need to change the old bank notes for the new bank notes…You’re going to exchange your 25,000 dinar straight across for 25.  That’s what’s going to happen…You’re not going to be able to exchange 1,000 for 1,000.   [Post 2 of 2]

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