This common exchange rate policy is coordinated and published daily in our website or our network, IMN acting as a global regulatory association for dinar dan dirham throughout the world. The exchange rate for all dinar and dirham in circulation worldwide follows a common exchange policy determined by formula and based on the world market price of gold and silver respectively.
The common exchange rate then are quoted daily in local currency by a local pricing board that determines the exchange rates policy and the rounding. This local price is known as the recommended exchange rate and is valid within the geographical area in which the local currency operates. The rounding is a common pricing exchange policy intended to create stability in the prices especially with regard to the dirham exchange rates.
The exchange rate are then displayed in all the network or wakil (authorized buying and selling outlets), pasar halal, official institutions related to the Minting companies and in the local mint.