...A REVALUE IS THE SAME AS A VALUATION OR THE SAME IN THIS CASE AS REMOVING THE ZERO’S ANY AMOUNT FROM THE NOMINAL VALUE. * WHAT IS THE NOMINAL VALUE? *THE NOMINAL VALUE IS WHAT IS USED WHEN COMPARING ANY CURRENCY AGAINST THE USD. *RIGHT NOW THE DINAR IS 1166 BUT THE NOMINAL VALUE IS .00086 AND SINCE CBI STATED THEY ARE REMOVING THE ZERO FROM THE NOMINAL VALUE OR THE THOUSANDTH, THIS IS WHERE THIS THOUSAND TO ONE KEEPS POPPING UP, THE DINAR IS RECOGNIZED IN THE THOUSANDTH THE USD IS NOT. * BY REMOVING THE 3 ZERO’S OR THE THOUSANDTH POSITIONS THEY ARE NOW BROUGHT IN LINE WITH THE NOMINAL VALUE OF THE USD. *NOW WHAT IS THE CONVERTED VALUE AFTER THE REMOVAL OF THE ZERO’S? *1.17 DINARS = 1 USDOLLAR OR .86 CENTS. *FORGET THE WORDS RV...
__________________ RV: IQD25,000 x USD1.00 x MYR3.00 = MYR84,000 2014: January - February - March - April - MAY - $June$ - July - August - September - October - November - December
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