Originally Posted by
"GK"
So regarding the IQD. Right now, almost all official sites (including the CIA fact book) and documents are still breaking down Iraq's currency into 1000 fils. Yet, we know no fils have been issued. Just to go give you guys the possibilities here. At 100 fils, Iraq's 1470:1 exchange rate will automatically has to be adjusted to 14.70:1. At 1000 fils, it has to be adjusted to 1.47:1.
If not, then sad to say, Iraq's currency is truly the lowest in the world, worthy of being added to the Guiness Book of Pathetic Currencies. Which, to me is an impossibility, no ifs or buts about it.