Adam Montana – Dinar Guru Speculated rates and theories:
Based on Kuwaiti Dinar: It’s been said that the rate must equal their neighboring Kuwaiti Dinar rate, which would put the Dinar at $3+. Many people speculate that the Iraqi’s are a prideful people, and it would be a slap in the face to have a revalued currency be less than Kuwaits.
Based on “dropping the 0′s”: It’s mentioned many times in the news that the 0′s could be dropped, which would mean one of two things:
1. The 0′s are dropped from the bills, which essentially puts most investors at a break even return. Nothing gained, nothing lost.
2. The 0′s are dropped from the exchange rate, which is currently .00086 (Dinars are worth about 1170 IQD per 1USD, or an exchange of .00086).
This means your dinars are worth .86 USD per Dinar – in other words, a 10,000 IQD note is exchanged for $8,600 minus spread and bank fees. [post 1 of 3]