Pimpy   [Post 1 of 2…..]

The Kuwaiti dinar has always been the same denominations.  Nothing has changed.  When Iraq invaded Kuwait…you had quarter…half…one…five…ten…twenty.  After Iraq was chased out…Kuwait just redenominated their currency.  They changed the way the bank notes looked is all they changed…They didn’t have to change the nominal value of the dollars….There never was a need to delete the zeros.  Their currency was not inflated like Iraq’s was...There was no inflated dollars, there wasn’t a revalue, there was just a reinstatement.  They just had new looking bank notes.  That was it.  When Iraq invaded Kuwait…[Iraq’s] currency were lower denominations and their rate was $3.22…