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‘Sudden Change’ is the Keyword of USD/IQD Revaluation (RV) and/or Reinstatement (RI): The Likelihood of RV/RI Rates

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‘Sudden Change’ Is The Keyword of USD/IQD Revaluation (RV) and/or Reinstatement (RI): The Likelihood of RV/RI Rates By: Maijanfad (6 December 2021), Submitted to Dinar Chronicles Sudden Change Referencing to my earlier writing in IDC, Why Iraqi’s Dinar Should be Around the Value of Kuwaiti’s Dinar | Dinar Chronicles, here is the update on Iraqi’s Dinar (IQD) and its nexus with Kuwaiti’s Dinar (KWD) over US Dollar (USD). First, let us see Figure-1 from which we can see the sudden drop in rate from a constant IQD(0.30-0.35) per USD or USD(3.33-2.86) per IQD to USD(0.0007-0.0008) or IQD(1,200-1,460). This happened from…

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