Three precedents confirm the shape [of large scale currency exchanges]. Kuwait 1991: occupation-era notes swapped at a defined deadline; paper that never presented is still worthless. Iraq in 2003: Saddam-era notes exchanged at banks over exactly 3 months, 15 October 2003 to 15 January 2004, announced publicly, no fees. India 2016: a 51-day window requiring recorded explanations for large deposits in front of 2 bank officials. All 3 – announced by the central bank, run through ordinary banks, a defined period that actually closed. Reset Intelligence
