When is the revalue of iraqi dinar

Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. By Dr Amer K. Hirmis, Capital Business Strategies Ltd.

Iraqi Dinar needs political support By Omar al-Jaffal for Al Monitor. BUT, then gave new dinar for each original swiss dinar. Back in , Iraq has about 38 billion dinar in circulation. Today, they have about trillion, That dilution is why the dinar rate is low.

Not any program rate or any of that other nonsense. Do you homework folks. Use common sense. Of course it's going to reinstate. It has to just by basic economics. You're going to issue small category notes to the citizens of Iraq worth a negative number? Although the announcement stated that the change would take place by the end of , no redenomination took place. As stated by the Central Bank of Iraq , their mandate is to "ensure domestic price stability and foster a stable competitive market based financial system.

IQD — Iraqi Dinar. Why are you interested in IQD? Looking forward, we estimate it to trade at Trading Economics members can view, download and compare data from nearly countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

Features Questions? Contact us Already a Member? It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. Click here to contact us. Please Paste this Code in your Website. Iraqi Dinar.