Friday, March 22, 2024

"RV UPDATE" BY FRANK26, 23 MARCH

  Frank26  

 Community Comment:  "If the current rate is 1320 to 1 and you remove the three zeros wouldn't the new rate be $1.32 to 1?" 

Frank26:   No...Stop putting a decimal in the 1320...You must understand this relationship as 132 dinars equals $1.00 which is a rate of $0.76.  If you have 1 million dinar 760 American dollars.  If you have 1 million dinar and they take it to 1 to 1 you have $1 million.
 Question "Are the Saddam dinars worthless?" Yeah, they're worthless because they're no longer recognized by anybody.  
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