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BaghdadInvest says "The current dinar rate is worth today more than it was." DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

BaghdadInvest says "The current dinar rate is worth today more than it was."

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BaghdadInvest says "The current dinar rate is worth today more than it was." Empty BaghdadInvest says "The current dinar rate is worth today more than it was."

Post by RamblerNash on Thu Apr 27, 2017 11:22 am

BaghdadInvest says "The current dinar rate is worth today more than it was." B35ac5ccab99255f91f69f5b0acd2fae?s=32&d=http%3A%2F%2F2.gravatar

Gilhou from Quebec Canada

Could you explain why is value was over 3.00$us during 20 years before the invasion of IRAK(see it on wikipedia), and now IRAK is ritcher than before, It will return at least at this value more than 3.00$

March 10, 2014 at 9:56 pm  

BaghdadInvest says "The current dinar rate is worth today more than it was." 7f49cebc9fb24d15fbf8edb355ee80d1?s=32&d=http%3A%2F%2F1.gravatar

baghdadinvest

Of course Gilhou, that is a fair question which deserves a fair answer.

The difference between then and now is the sheer number of dinars that are in circulation today.

That is singular 1 digit dinars.When it was at $3 there were around 20 billion singular dinars in circulation.

Now there 82 trillion singular dinars in circulation.

To help you understand where the value is and why the value is correct you must do a little maths.

20 billion dinar x 3.22 = 64 billion USD

82 trillion dinar x 0.00086 = 71 billion USD

The current dinar rate is worth today more than it was.

The reason everyone runs off on a tangent is because they see 000 at the end of it and see the old rate but the bit missing in understanding is the difference between then and now is the sheer number of dinars out there.

It is so simple once you get it and it goes click in your brain, you will see ahh!! now I know why and how this scam was able to perpetuate.

March 10, 2014 at 11:05 pm  
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BaghdadInvest says "The current dinar rate is worth today more than it was." Empty Re: BaghdadInvest says "The current dinar rate is worth today more than it was."

Post by RamblerNash on Thu Apr 27, 2017 11:28 am

BaghdadInvest says "The current dinar rate is worth today more than it was." 7d4e04e668931169f0df2e9a4c642602?s=32&d=http%3A%2F%2F1.gravatar

John Richardson


“Could you explain why is value was over 3.00$us during 20 years before the invasion of IRAK”

Same reason gold was $25/oz decades ago, but is now over $1,300/oz. It’s called “Inflation”. When Iraq’s money supply was around 25bn Dinar, it’s value was nearer $3 (just like Kuwait’s 30bn Kuwaiti Dinar gives them a high value today).

Since then Iraq have printed a mind-blowing 87,000bn Dinar – that’s 3,500x more money, and the Dinar fell in value by 3,500x from 1:3 to 1164:1.

What a “coincidence”…


March 11, 2014 at 4:53 am  
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