Article: “Removing Zeros from the Iraqi Currency: Talk Returns and Possibility of Implementation” Quote: “if the currency is the “dinar” and its value is equal to 1,000 dinars, after removing three zeros, its value will become one new dinar…According to experts, the actual value of the money people own does not change after deleting the zeros, but this step contributes to simplifying the buying and selling processes for individuals and companies, and makes the financial amounts simpler and more understandable. Instead of dealing with huge numbers such as a trillion or a million (1,000,000 Iraqi dinars), they can be converted to just one thousand 1,000 dinars after deleting three zeros…The exchange rate will be transformed into one dinar for every one dollar, and this is what the late former governor of the Central Bank, Sinan Al-Shabibi, aspired to“
