In Pimpy's Investment Chat 

The rate before the drop of the rate was I think $3.22…Back in the day before America invaded Iraq and they reduced their rate it was $3.22 which meant for every Iraqi dinar you exchanged we get back $3.22 American dollars. That’s what it was before they lowered the Amount to protect the wealth of Iraq. A lot of us who believe that it could be a reinstatement of the rate and not a revaluation. We will see.