Dinar Recaps – Will the Iraqi Dinar Revaluation Actually Happen?
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The correct question you should ask is will a dinar recaps benefit the current currency holders?
The answer is most likely no. Many investors in the Iraqi currency are betting that the dinar revaluation or dinar recaps will magically take their dinar from 1:10000 to 1:10 or some other fantastical overnight several thousand percent return on investment. If a dinar recapitalization was to occur, you would most likely have to exchange your current currency for a new currency. In which case you’re simply turning in 0 worth of dinar for 0 worth of dinar.
This is like holding a stock that splits. Sure, you have twice the shares. However, the total value in stock you own never changed.
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