Thread: Iraq/Dinar News. Before Feb. 21, 2007

Originally Posted by jer6925

I use Bloomberg currency calculator to check the market value of the Dinar. Two weeks ago 1 mil dinar was worth aprox $915 Canadian, but it has dropped everyday little by little to $905! This doesnt make sense to me as the vaue of dinar has 'risen' anyone care to take a stab at it? thanks

Two weeks ago one mil Nid cost you $915 and now it "only costs $905. Sounds good to me. Now we have to wait until it costs $1 Canadian.

Originally Posted by Lunar

953.20 CAD
Currency Converter

Why do two different Reputable sites have VERY different conversions?

Originally Posted by Escalade

Two weeks ago one mil Nid cost you $915 and now it "only costs $905. Sounds good to me. Now we have to wait until it costs $1 Canadian.

I sudgest you re-think that statement

Numbers, numbers all these numbers...

I believe that what we are hoping for is someithing in the range of 1 mil Dinar costing at least 500,000 USD or better 1,290,000 USD.

If a mil Dinar ever gets to the point of costing 1 USD, then I'm using my stack to start my next fire.

wishing us success(while still starting my fires with newspapers)

harrisomi

Originally Posted by jer6925

Why do two different Reputable sites have VERY different conversions?

These conversions are guidelines at best as the IQD is not on an actual market.

906.88 CAD
Iraqi Dinar to Canadian Dollar Exchange Rate - Yahoo! Finance

Originally Posted by jer6925

I sudgest you re-think that statement

I meant one dinar for $1 Canadian, not a million.

Originally Posted by kiko

The high demand for dollar and the depreciation of the exchange rate
Dargham of Muhammad Ali
Baghdad - (Voices of Iraq)

Increased demand for the dollar purchase auction World Mark Iraqi uniforms today, Thursday, at the end of the week manipulation Jalla request volume reached 70 million and 165 thousand dollars, compared to 46 m Luena 685 thousand 673,508,200 in the meeting yesterday.

Spread purchase orders by 19 million and 65 thousand dollars cash, and 51 million and 100 thousand dollars in the form of remittances outside the cascade. Taurus Mountains in Turkey bank has full coverage at the exchange rate in 1285 was d deliver low one point on the exchange rate of 128 yesterday 6 dinars to the dollar.

With advanced banks of the 11 participating in the auction to M. offers for the sale of $ 2 million, the bank bought Balkam exchange rate for 1283 amounted to dinars.

He explained to Mr. Yasiri, one dealers in the auction, the banks bought the dollar amounts of more than yesterday due b that this is the conclusion of the hearings this week, The opening session next Sunday is expected to Che Guevara d same rate, which encourages the purchase of the greatest possible Bedouins n-risk margin.

which means we wont see a change in the rate for sunday as it will remain the same.

[QUOTE=kiko;166546]The high demand for dollar and the depreciation of the exchange rate
Dargham of Muhammad Ali
Baghdad - (Voices of Iraq)

Increased demand for the dollar purchase auction World Mark Iraqi uniforms today, Thursday, at the end of the week manipulation Jalla request volume reached 70 million and 165 thousand dollars, compared to 46 m Luena 685 thousand 673,508,200 in the meeting yesterday.

Spread purchase orders by 19 million and 65 thousand dollars cash, and 51 million and 100 thousand dollars in the form of remittances outside the cascade. Taurus Mountains in Turkey bank has full coverage at the exchange rate in 1285 was d deliver low one point on the exchange rate of 128 yesterday 6 dinars to the dollar.
]
6 dinars to the dollar yesterday?

Originally Posted by CharmedPiper

A press release on the Central Bank of Iraq announces ray Tamada

(Voice of Iraq) - 15-02-2007
This issue was sent to a friend

The Republic of Iraq
Council of Ministers-the National Center for Media
Media Relations
Press Release Press release /
Thursday 2-15-2007


Central Bank of Iraq announces adoption selling prices surface behind the dollar
For this today, Thursday, until the end of official business
On Sunday, February 18 current


The Central Bank announced in a statement issued today, Thursday, MI Tamada buying and selling rates of the dollar for today until Nha Yeh as official business on Sunday VIII
Ten of the current February.

seems like they might be saying selling prices will be changing on monday.

Originally Posted by shotgunsusie

seems like they might be saying selling prices will be changing on monday.

I know I'm joined by everyone else in this forum.....we sure hope so.....that it's the amount we have all been hoping for.