How will people be able to identify counterfeit currency?
As the exchange approaches additional details will be provided about how to identify counterfeit notes. Staff at currency exchange sites will also be well trained on how to detect counterfeit Iraqi dinars Counterfeit old Iraqi dinars will not be accepted at the exchange sites. Those presenting counterfeit notes will not be arrested or charged with a crime, but their money will not be exchanged. Currency exchange sites will visibly mark old dinars upon their exchange for new ones so that they cannot be stolen and re-exchanged later. Once the old currency is marked it will no longer be valid currency. Will the new currency be convertible into other currencies? Yes. The new currency will be convertible into other currencies at the market exchange rate that prevails at that time. Can dollars also be exchanged for new Iraqi dinars? What will be the conversion rate for dollars? Dollars will not be converted directly into new dinars during the official exchange. Following the exchange, dollar
