1-10-2013 *Adam Montana

[Vixen]

1-10-2013 *Adam Montana ~[Will the dinar to dollar exchange rate need to be better (ie: 1 to 1) in order for the country to do more effective and easier business transactions, or does this even matter?] I don't think it needs to be "better", but an even 1:1 exchange rate would be so simple ANYONE can do the math - this is one of the things that tempts me to wonder if they will come out that high and then LOCK the rate until they recapture all the old (current) IQD. But to answer your question, no - it doesn't "NEED" to be any rate. They could just keep raising it 3, 5,17,135, or any number of pips they want until it finally reaches a final rate. My bottom line on the rate is this: I think the most likely case scenario is that we get an announcement at ten cents, and it is floating. We are given 90 days to cash in, and over the course of those 90 days the value could go up to as much as 30-50 cents... after that we are using new Iraqi Currency (which I will of course reinvest in) and over the next 5-7 years that will likely double as the Iraqi Dinar makes it's way to 1:1.