How to Calculate Dinar Revaluation

How to Calculate Dinar Revaluation
Iraqi dinars used to feature the photo of Saddam Hussein, but that has changed since the U.S. invasion.

Verify the amount of Iraqi dinars you have or the amount for which you want to calculate the value. For example, you may want to calculate the value of $1 million worth of Iraqi dinars or you may currently own 1 million Iraqi dinars.

Identify the Iraqi dinar exchange rate as it is set in U.S. dollars by the Iraqi central bank. You can obtain this from any currency conversion website, bank, exchange service or any publication that tracks and prints currency rates. For example, if the exchange rate of Iraqi dinars is 0.001, then this is the conversion rate you would use to calculate the revaluation.

Multiply the amount of Iraqi dinars by the Iraqi dinar exchange rate in U.S. dollars. For example, if you have 1 million Iraqi dinars then you would multiply 1,000,000 by 0.001. Your Iraqi dinars are worth $1,000 in U.S. Dollars.