Thread: Iraq/Dinar News. 09/05 to 01/14/07

Originally Posted by Wm.Knowles

This sure makes the auction in the am all that more interesting. You guys agree?

Yup, we'll just have to wait for the auction results. But, we need to remember that the auctions are just that, auctions. It really doesn't tell the real world market sentiments. The CBI pretty much has control on the exchange rate since they're the only source of dollars and foreign currency inside Iraq. The participating banks have no other choice, but to trade/exchange with the CBI. Like I've posted before, the CBI is showing 1454, but some forex sites, like OANDA is already showing alot higher exchange rate.

1 Iraqi Dinar = 0.0007183 US Dollar

1 US Dollar (USD) = 1,392.10 Iraqi Dinar (IQD)

Interbank rate +/- 0%

This means:
You buy 1 Iraqi Dinar : 0.0007183 US Dollar
You sell 1 Iraqi Dinar : 0.0006590 US Dollar
You buy 1 US Dollar : 1,392.10 Iraqi Dinar
You sell 1 US Dollar : 1,517.40 Iraqi Dinar

Learn about the new Iraqi Dinar
Median price = 0.0006590 / 0.0007183 (bid/ask)
Minimum price = 0.0006590 / 0.0007183
Maximum price = 0.0006590 / 0.0007183

Since I am a local, I called the bank and Heather answered. Said she had not got a lot of calls and of this I am glad because I think it does more harm than good to flood places with calls like this, but I figured this one deserved some verification. Anyways, Heather asked me to hold then came back and said she was transferring me. Next lady that answered, I told her I didnt know why I was transferred but I was a Chase account holder and was intereseted in the rate to purchase Iraq Dinar today. She asked me how much I wanted to buy and I said one million. Told me to hang a sec. She came back and said the rate today to purchase one million dinar would be $764.10. I said thanks.

Seems Heather punched in too many or not enough zero's IMO.

Originally Posted by crave681

On the contrary, my dinars set off the radar in Seattle... it was in my backpack that you have to put on the conveyor belt, i didnt want to put it in my suitcase....... the guard said it was their "organic" detection stuff ... and asked me to open the envelope the dinar were in to confirm it was just currency. I did, and he looked at all the bills real quick without taking them from the envelope, said thanks , and let me go.
This was on a domestic flight from Seattle to Dallas.... but my concern here is if people try to take their dinars on an international flight .... like to the Caymans or Belize .... and when arriving there, are asked to go into a back room only to have to bribe someone with dinars, or even worse , have them "confiscated" .

When I am on a ship (USNS) that's been overseas we are given customs forms a couple of days before we are to make a US port. We fill them out on our own and turn them into the Purser, who then goes through them with a US customs agent along with our passports when we get into port. It is possible to make substantial purchases overseas (carpets, gold, etc) and not report them. There is no physical inspection.

I wonder what the procedures are when one takes a Carribean cruise? Leave from Florida, and make stops in the Carribean...are there inspections before the ship leaves the US? How about when the ship makes a port call?

Anyone with any experience in this??

Thanks, Tracy

Heh small world, my fiancee lives off Sam Bass thus my passing by that branch every day =P

Originally Posted by TEXASGIRL

Unfortunatley, I think it was a mis-quote. But if it is true, you can still get a screaming deal at SafeDinar. It's still $800 a million.

Scratch that guys, my sister called them back to verify and they are now sayin $764.10. Sorry for the pump.

I just hung up with Marsha at the same Chase. $1,000,000 is $764.10

Damn it!

Originally Posted by bubbajr

A while back, my husband and I are watching a program on TV. Right after we have invaded Iraq. In a segment of the program that they were talking about Iraq, and how they have a bank account in the US, and placed in 5 billion dollars in it. Also in that same show they were talking about Citibank on how it is owned, and that the Saudies have 20% ownership in that bank and the Iraqis have placed they money there.

We have really never heard anything about this at all.

anyone else here anything about this, or have an opinion on this?

Might be just a coinkidink (coincidence), but my Citibank Onine site has shown the following at the top of the page for like the past 4 days or so. Been a member with Citibank for like 6 years and never seen that done. Like I said, perhaps just a coinkidink.

Important information… Overnight from midnight on Saturday, November 18 to Sunday morning, November 19, routine maintenance is being performed and the site will be unavailable for several hours. We apologize for any inconvenience.

Originally Posted by Wm.Knowles

This sure makes the auction in the am all that more interesting. You guys agree?

You know we've been waiting for things to start changing and for movement to start happening in this REVAL THAT HAS STARTED so this will definitly be interesting in the next few days as to see how this goes with all of this new INFORMATION BEING PUT OUT THERE!!!! I'm ready for a REVAL of at least 1.48!!! or more! LISA

Originally Posted by Jetsa

Since I am a local, I called the bank and Heather answered. Said she had not got a lot of calls and of this I am glad because I think it does more harm than good to flood places with calls like this, but I figured this one deserved some verification. Anyways, Heather asked me to hold then came back and said she was transferring me. Next lady that answered, I told her I didnt know why I was transferred but I was a Chase account holder and was intereseted in the rate to purchase Iraq Dinar today. She asked me how much I wanted to buy and I said one million. Told me to hang a sec. She came back and said the rate today to purchase one million dinar would be $764.10. I said thanks.

Seems Heather punched in too many or not enough zero's IMO.

Hahaha! Heather screwed up. She gave the exchange rate for next week.

I like computer glitches!

Originally Posted by Texas_Tea

BREAKING NEWS I called the chase bank located at the corner of 79 and IH 35 and they are still selling and you do not need an account. The amount to buy 1 million iraq dinars is $7641.00 I told her to verify amount and she says this is what her computer is telling her. I asked how much is it if wanted to sell and she asked me how many did i want to sell and i told herthen she put me on hold and comes back and says she cannot reveal information unless I open account. To verify I spoke to a lady by the name of heather and phone number is 512-244-8550. I think we are real close guys!!!!!

This was just a test!

The real stuff will be more dramatic!