Community comment: “If the dinar suddenly revalued to $1 or more, Iraqis would become millionaires too, not just foreign holders.” Redenomination only impacts the citizens in the country, not foreign investors outside the country…It changes everything for the citizens and their money between the large notes and small notes in the country…You have to be transitioning from dinar to foreign currency to be wealthy…If you’re a citizen in the country, once the dinar revalues and dinar you have in the bank, the zeros automatically fall off. If you’re a citizen in Iraq, the only way you could become wealthy off this is to have retained your physical cash… :Jeff
