[Response to Newshound Guru Jeff 2-1-2025 exchange info post below] When a currency is in a basket of currencies, as in IMF / World Bank, a currency can only deviate 2% up or down in a 90 day period. Go to the website and look it up. Plus, it has been stated in plain English, numerous times, by the CBI, that the old and new currency will coexist for 10 years. When the Dinar goes on the FOREX, you can exchange at any time you wish, wait as long as you wish, until the currency you hold is cancelled…which will be 10 / TEN / Diez…YEARS …Capice’?
Above mentioned Post is below
Jeff Question: “How long should we wait to go to the bank if we are not needing money ASAP? In other words do you think it will start floating fairly quickly or will it take some time?” This will be a managed float, which means it can only change plus or minus 10% per day…When the rate changes it’ll come out somewhere around the $3.80 range. That’s my opinion. I don’t think it’s going to go over $4 until going into the 2025 budget period…I think it’s going to stay below $4 during our 90-day window to exchange. I wouldn’t worry about time waiting for it to float… Get it exchanged. Don’t wait for this to go up in value because I don’t think you’re going to have that opportunity or time frame.
