My Personal Opinion 01/14/07
http://www.ckteck.com/currency.jpg
I made this little chart in Excel the other day just to see where Iraq and other countries currency ranked against the US dollar. I tool all the figures from yahoo finance currency converter and all the banknote denominations from wikipedia. Neither of the two, the most reliable of sources, but hey, it did what I was looking for.
My personal opinion is that the dinar cannot and will not RV until lower denominations are circulated. Look at the countries listed and their value against the dollar. There are only 3 worth more than the dollar, a couple are very close to par, and more that are very, very far from it. Notice the denominations in circulation, it seems that the countries with the smaller denoms have a closer par.
"Hey man, you got change for 25 thousand?" Its just not realistic to me to RV without smaller notes. I dont care how much oil they have. Bash me if you must.