Frank26
Question: "If the dinar went from $1.00 to $4.81 would it cause confusion in businesses and consumption prices?"
Yes. The goal is to reach 1 to 1 status. Once it is, that 1 to 1 stay inside the country...
When it leaves outside of the border on a vehicle called Forex the rest of the world will touch the Iraqi dinar by using it, selling it, spending it, investing in it, platform banks with it, that movement of the dinar will allow that 1 to 1 that started in country, but when you went outside you're maturing, $1.50, $2.00, $2.50 .
Who determines that value? The outside market.
Do you think the outside market is just dying to get their hands on the Iraqi dinar?