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Post by Ssmith Wed Dec 05, 2018 9:32 am

[ChrisC…Why does everyone think decimal places equals fils? Using fils at this rate would be ludicrous. If we don’t see that decimal point move to the left, I don’t get what we are dancing about.]



In order to have parity or an exchange rate with a major currency, they need to change to the same 2 place decimal system to convert. i.e. The USD does not have $1.259 it is only $1.25 or $1.26. This forces them to use a fraction of a dinar (a fil = the metals) in the market place and INTERNATIONALLY. They are not dealing with WHOLE #s anymore as in $1 usd = 1200 dinars.

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