[The ISX is supposed to go live tomorrow (Tuesday). Do they not need a reality rate?]
if the dinar is sold on the market --- it will be priced to its value -- a fair market value.
it may not be done tomorrow (Tuesday) but it is very close.
The value of a currency is measured by its value relative to other currencies, which is determined by supply and demand. “Demand” in this sense is actually understood as “velocity”, meaning the amount and number of times a particular country’s currency notes circulate within a set period of time. The faster a currency circulates, the more valuable it is perceived due to verified consumer confidence. The trading relationship between two countries plays a major role in determining the exchange rate between their two currencies. These factors include: inflation, interest rates, current account deficits, public debt, terms of trade and political stability. The exchange rate of the currency in which an investor’s portfolio holds the bulk of its investments is a major determinant of that portfolio’s return.