Enorrste says a float can start at any time

by **Ponee** Wed Jan 14, 2015 10:14 am

Guru Enorrste The float must preceed the removal of the large notes, because in order to remove the large notes the value of the dinar must be higher. It will take 2 to 4 years for the value to get high enough to remove all of the large notes. Since the smallest large note is 1000 dinars, then, in theory, the value would have to be at least $.20 per dinar for them to remove that note, the others having been removed prior to that time. At $.20 per dinar the 1000 dinar note would be worth $200, so they would get them all off the street at that rate. However...it is my opinion that within 2 to 4 years the value may be as high at $3.50, or more. The float can start at any time.