[What do you mean when you say dinar should be $4 and up?] Before Sadaam Hussein moved to take over Kuwait (Early 1990’s) the Iraqi Dinar was the strongest currency in the world, and the second strongest was the Kuwaiti Dinar. It would take almost $4 US dollars to buy one dinar. Iraq invaded Kuwait…At that point the IMF/UN devalued the currencies to take away the ability to make war. They devalued both currencies even though Kuwait was innocent because Iraq had moved in and took over the government and the banks.
So think of that in reverse…we expect the Iraqi dinar to go back to about $4 US to each dinar again. Right now if you have one Kuwaiti dinar it takes $3.31 cents American to buy it today. So if all they do is reinstate the Iraqi dinar to pre-war levels and give it back its purchasing power….not a revalue…then we can expect around $4 or so. Hopefully that makes sense to you.