% increases in the value of IQD.
As I continue to read the various comments and theories concerning our IQD investments I sometimes get the feeling some do not understand the magnitude of the value increases we are talking about. Even marginal IQD increase can create amazing purchasing power for the Iraqi people. The % increase formula is (New Value – Old Value) / Old Value then multiply X 100 if anyone cares to check my math.
1430 IQD to 1 USD
1 IQD = .0007 USD Baseline starting point.
1300 IQD to 1 USD
1 IQD = .00077 USD = 10% increase in value.
1000 IQD to 1 USD
1 IQD = .001 USD = 43% increase in value.
700 IQD to 1 USD
1 IQD to .0014 USD = 100% increase in value.
500 IQD to 1 USD
1 IQD =.002 USD = 186% increase in value.
100 IQD to 1 USD
1 IQD =.01 USD = 1329% increase in value.
50 IQD to 1 USD
1 IQD =.02 USD = 2757% increase in value.
25 IQD to 1 USD
1 IQD =.04 USD = 5614% increase in value.
10 IQD to 1 USD
1 IQD = .10 USD = 14,186% increase in value.
5 IQD to 1 USD
1 IQD = .20 USD = 28,471% increase in value.
1 IQD = .30 USD = 42,757% increase in value.
1 IQD = .50 USD = 71,329% increase in value.
1 IQD = $1 USD = 142,757% increase in value.
1 IQD = $2 USD = 285,614% increase in value.
1 IQD = $3 USD = 428,471% increase in value.