In early May, ISIS forced traders to use its currency in the areas controlled by the terrorist group, especially in Raqqa and Deir Ezzor.
ISIS has also published an infographic explaining the new currency.
ISIS has presented the currency with three values:
-Copper fils: 6 fils weighing 3 grams of copper;
-Silver dirham: 1 dirham weighing 3 grams silver;
– Golden dinar: 1 gold dinar weighing 4.25 grams gold 21 caliber.
Each silver dirham equals 100 fils of copper, and each gold dinar equals 85 silver dirhams. According to ISIS, the value of currencies determined by its “Monetary Authority”.
ISIS is trying to promote its currency by claiming that it has “real value unlike paper currencies.” ISIS also claimed that its currency maintains its value during wars and crises becauseit is made of valuable metals.
It is believed that ISIS came to impose its currency after the great collapse that hit its financing. This was a result of the destruction of its illegal oil trade with Turkey by the Russian Ministry of Defense and active bombing campaign of ISIS’s oil facilities by the Russian and Syrian air forces.
ISIS currency carries the value of the metals it’s made of. However, its exchange rate is manipulated and does not reflect the true value of these metals. In addition, ISIS is the one who determines the exchange rates, thus making this currency one of the biggest financial scams in the current decade.
ISIS also published photos showing traders and civilians trading in the currency in Raqqa city.
Why do all of them have these iconic ISIS beards? Is it because no civilians wanted to participate in shooting of these propaganda images so they had to use their terrorist instead? LOL.
Because every man in their territory has to grow one? Otherwise harsh punishment will ensue?
DAESH Islamic Law 101 I think they offered the course at Mosul university. :)
Mosul University is currently closed for…. renovation.
isis probably wants to change the courses to sharia law classes and how to kill infidel classes. maybe Trump will be seen in a better light after our Kurdish friends (that Trump made the good decision to support) liberate Raqqa
they heard, that the synchronisation elevates the effectivity of combat units
I am amazed by your spelling here. Is there someone else on your keyboard ?????
i hate typing. :)
Every man, Daesh member or civilian, is not allowed to shave.
The ISIS currency is just another manipulated scam that emulates the scam of the US dollar.
how old are you?
Oh vei…. Gadafi had the same idea and we have seen what happened. Now US will start to bomb ISIS in earnest. (irony off)
To be fairly honest. This is one of the most decent things they have done.. This will in enrich most people by going away from man controlled or man made money into Natural Money.
This way the real rich person will become rich while the real poor will become poor. This is fair economical system even for poor countries and will reflect the reality. You won’t see scams becoming rich anymore but people who work on their fields and general work hard will gain. Poor countries will become rich
The only natural money would be stuff that’s brought to barter for other stuff and all that will still be made and controlled by man.
“To be fairly honest. This is one of the most decent things they have done.. ”
that, and teaching gheys to fly…
So what is dirham to shekel exchange rate?
1:1 as its the Zio regime that is really setting the rates
Bah. ISIS can’t afford jack so probably made the coins from scrap metal then had them plated.
Riiiight… cuz theres no way to check if a gold coin is actually gold or plated iron…. oh wait a second…
Can’t afford? who do you think supports ISIS with money, Turkey, USA, Israhell, Saudi Isrelia. ISIS has plenty of money.
Zionstream media’s beloved gold dinar has finally arrived! Good joke! Thanks for the laughs, SouthFront.
for my view, the miror for after the big reset: one evidence of the relationships with globalist NWO
Amazing. “that its currency maintains its value during wars and crises” hmmm…