Sandyf

Sandyf – Dinar Guru   [Kuwait tried to work with Iraq on how they RI’d their currency in 1991 but left on deaf eyes. Kuwait’s currency went from 0.05 usd to 3.48 usd.]  That is a dinarland myth. During the occupation the national currency of Kuwait was the IQD…the KWD was unrecognized and the currency had no value.  The IQD has always been the national currency of Iraq and as such cannot possibly be reinstated. Some try and claim the value would be reinstated, more rubbish, that would be a revaluation.

BGG ~ We have published the facts (with News based sources) regarding this scenario for a long time. Regarding the IQD, the correct terminology is “A CHANGE IN VALUE – or APPRECIATION”, particularly when the IQD is referred to (almost universally) as GROSSLY UNDERVALUED.

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