Originally Posted by
Socata 850
Goooooooooooooooood Morning RolClub
My last post was on the 10th of January. I'm glad to see things coming back together on the forum, I must admit I missed being here. What I've done is compile all the info from the auctions from the 10th until today and update the statistics to bring everything current. It's exciting to see the number of dinars pulled from circulation approaching 4 trillion just since Oct 1st. Remember, SGS and Michael 16 have researched this even further (perhaps back to as early as May of last year, and they believe the totals are closer to 5 trillion). Soooooooooo these are the current numbers.
(Auction Monday 1/22/07)
Number of banks 16 -----
Auction price selling dinar / US $ 1298 -----
Auction price buying dinar / US $ 1296 -----
Amount sold at auction price (US $) 104.240.000 -----
Amount purchased at Auction price (US $) 3.540.000
Total offers for buying (US $) 104.240.000 -----
Total offers for selling (US $) 3.540.000 -----
1. A 2 point change in the dinar today. Was 1300, now 1298
2. A (net) worth of dinars, (IQD - 755,357,585,000) pulled out of circulation from Jan 11th until today, 1/22/07
3. 16 banks participating today
4. 66th auction since the beginning of CBI's reval plan
5. 114 days into the CBI's reval plan.
6. 3,716,728,655,000 dinars pulled from circulation !!
7. 4,471,899,840 Dinars back into circulation today !!
8. 179 dinar change since Oct 1st (baseline was 1477) 12.119% increase in value of the dinar since beginning of reval plan (Approximatly Oct 1st).
9. 2 point reduction in the rate so far this week. Was at 1300 at the end of last week, 1298 this week.
10. 27 point drop so far in the month of Jan. Ended at 1325 in Dec, now stands at 1298