Frank26
A lot of people unfortunately are considering this a lop...
You really think they're going to take a pair of scissors and go click, click, click [cutting off zeros from the physical notes]?
What is this...it's got holes in it? You just cut it all up...
No, if they did that it's called a lop...So where does it come off of?
A [physical note] is called a currency. You're not going to take it off the bill...Iraq's exchange rate is .00076981 .
You take the decimal point and you move it over to the right three spaces because that's three zeros and this becomes $0.76 .
Got it? This is purchasing power when you change the exchange rate by lifting 3 zeros.
What is the exchange rate right now in Iraq?
1320 . When they change the exchange rate that will become internally for the Iraqi citizens 1.320