Walkingstick
Inside of Iraq, those banks are run under the CBI banking laws. This bank that [Iraqi bank friend in Michigan] Aki is at has a purpose. But it has no lower denomination notes.
Why?
Because they follow American banking laws. When a Middle Easterner or anybody takes a dinar into Aki's bank, they will be converted physically or electronically into American dollars. This bank servers a purpose.
Why would these banks, like Aki's, be there if there was no rate change coming?
It's all about the money. Aki is a businessman. Here's there to make money with his boss. They're going to do very well especially that there are 100's of these centers around the world...
I would say Aki's bank is for the exchange of the three zero notes or Aki's bank would not even exist because there would be no reason for them to exist.