Adam Montana: They can drop the 0's from the exchange rate OR from the currency.
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Adam Montana: They can drop the 0's from the exchange rate OR from the currency.
by Ponee on Sat May 23, 2020 9:08 pm
Adam Montana
[...what three zeros are they likely to "drop?" The 25,000 IQD becomes 25 IQD, or .00086 valuation becomes .86?...] The shorter answer is they talk about dropping 0's all the time - some of it is misinformation, the rest is just confusing. They can drop the 0's from the exchange rate OR from the currency. One is an increase in value, the other is a lop. Another possibility that can happen simultaneously is an introduction of a new currency, concurrent usage with the currency now in circulation, and a gradual (timed) removal and expiration of the now current currency. None of those situations are bad, but two of the examples are good while the third is neutral.
05.23.2020
[...what three zeros are they likely to "drop?" The 25,000 IQD becomes 25 IQD, or .00086 valuation becomes .86?...] The shorter answer is they talk about dropping 0's all the time - some of it is misinformation, the rest is just confusing. They can drop the 0's from the exchange rate OR from the currency. One is an increase in value, the other is a lop. Another possibility that can happen simultaneously is an introduction of a new currency, concurrent usage with the currency now in circulation, and a gradual (timed) removal and expiration of the now current currency. None of those situations are bad, but two of the examples are good while the third is neutral.
05.23.2020
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