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Featured Post

RV Intel/Thoughts/News - All Posts for December 7, 2016

Below is a list of all of the content posted for Wednesday, December 7, 2016. This will be useful for those of you who may have missed somet...

Wednesday, August 24, 2016

"What are Fils?" - Wed. PM KTFA Thoughts

KTFA

Bondservant88
 » August 24th, 2016


Dear Frank and Delta, could you explain what fils are? You must of talked about this before I joined as a newbie. Or are you going to talk about the fills and 100,000 tonight?

I have read through the notes and I see you reference both. And I see everyone is excited about them, but I am afraid I don't understand the significance of these things and how it moves the RI/RV forward, and would like to. Thank you for all you do. Blessings.Bondservant888

Boxman
 » August 24th, 2016

fils are comparable to our small coins, similar to nickels, pennies etc, which will be needed for change after the RV..IMHO

Significant because it takes many fils to make one dinar…. its 1000 fils to the dinar...unless i am mistaken..

ALGrossman
 » August 24th, 2016

I believe the fills would be like our coins... Nickels, dimes, pennies, etc

Don061 » August 24th, 2016


No need for fils @ 1166 rate .... @ 1/1000 of a dinar , they are impractical for use

If IQD RI's @ say 1 IQD = 1 USD .... the fils could be used like we use coins in the US ...
So if they are issuing the fils now .... = (snoopy dance)



Fils (fɪls) or fil n, pl fils
(Currencies)

a. a fractional monetary unit of Bahrain, Iraq, Jordan, and Kuwait, worth one thousandth of a dinar

b. a fractional monetary unit of the United Arab Emirates, worth one hundredth of a dirham

c. a fractional monetary unit of Yemen, worth one hundredth of a riyal

fils 2 (fĭls) n. pl. fils
1. A unit of currency equal to 1/1000 of the dinar in several countries of the Middle East.
2. A unit of currency equal to 1/100 of the dirham in the United Arab Emirates.

http://www.thefreedictionary.com/fils

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