People have brought this to my attention… Article quote: “Floating the dinar could stabilize automatically and the value in the distant future between 3.22 and 4.25 dinars to the dollar” I had originally said I think that’s a typo only because 3.22 used to be the old exchange rate but that’s if it was the other way around, 1 dinar for $3.22…Let’s take a look at…3.22 dinars for $1. That means for every million that you have, divide by 3.22…I get $310,559…Or 4.25 gives me $235,294. You also have to take into the consideration the deletion of the zeros. I have 5 million dinars. Take the 3 zeros off, I now have 5,000 dinars…So they’re saying 3.22 or 4.24 dinars for every dollar…It comes out to $1,55.79…$1,176.47. Nobody likes that (scenario)… Remember the exchange rate right now is .00076, equals .76 after you take the zeros off. So my 5,000 would give me at least $3,800. But what you’re hoping to get is this – they take the zeros off [notes and exchange rate] fine I get $16,100 to $21,250. You’re not a millionaire but it’s better than nothing. [dinar guru Note: Use the Dinar Guru calculator located at the top tab of this page to determine the value of your dinar at different possible rates…it’s free for the Dinar Guru community!]
