Complete the sentence about Iraqi dinar with the correct year: The dinar was pegged at par with sterling until ______ when, without changing its value, the peg was switched to the United States dollar at the rate of IQD 1 = US$2.80.
Answer and explanation
Correct answer: C. 1959
- Step 1: The dinar was pegged at par with sterling until 1959 when, without changing its value, the peg was switched to the United States dollar at the rate of IQD 1 = US$2.80. Answer: 1959. Why not the others: 1929, 1944 and 1956 don't fit.
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