Removing three zeros from the Iraqi dinar…they’re taking it off the nominal value. 25,000 dinar becomes 25 dinar…then the exchange rate changes but the value remains the same. They remove the three zeros off the bank note and the exchange rate so the value stays the same…Obviously for a lot us that’s not good. Let’s say you got 5 million Iraqi dinar and you thought it was going to jump to $3.00+ and you were going to get $15 million. You already spent the money in your head. That’s why you have a hard time accepting this…They haven’t said they’re going to do this. You want to cross your fingers and hope they leave the zeros on there. If they decide to remove your zeros, your 5 million Iraqi dinar becomes 5,000 Iraqi dinars…It’s not like Kuwait at all. :Pimpy [Stay tuned to dinar guru as the other gurus chime in with their perspective on what Drop the Zeros mean for your dinar.]
