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  1. #1
    Senior Member MunnyBaggs's Avatar
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    Default % increases in the value of IQD.

    As I continue to read the various comments and theories concerning our IQD investments I sometimes get the feeling some do not understand the magnitude of the value increases we are talking about. Even marginal IQD increase can create amazing purchasing power for the Iraqi people. The % increase formula is (New Value – Old Value) / Old Value then multiply X 100 if anyone cares to check my math.

    1430 IQD to 1 USD
    1 IQD = .0007 USD Baseline starting point.

    1300 IQD to 1 USD
    1 IQD = .00077 USD = 10% increase in value.

    1000 IQD to 1 USD
    1 IQD = .001 USD = 43% increase in value.

    700 IQD to 1 USD
    1 IQD to .0014 USD = 100% increase in value.

    500 IQD to 1 USD
    1 IQD =.002 USD = 186% increase in value.

    100 IQD to 1 USD
    1 IQD =.01 USD = 1329% increase in value.

    50 IQD to 1 USD
    1 IQD =.02 USD = 2757% increase in value.

    25 IQD to 1 USD
    1 IQD =.04 USD = 5614% increase in value.

    10 IQD to 1 USD
    1 IQD = .10 USD = 14,186% increase in value.

    5 IQD to 1 USD
    1 IQD = .20 USD = 28,471% increase in value.

    1 IQD = .30 USD = 42,757% increase in value.

    1 IQD = .50 USD = 71,329% increase in value.

    1 IQD = $1 USD = 142,757% increase in value.

    1 IQD = $2 USD = 285,614% increase in value.

    1 IQD = $3 USD = 428,471% increase in value.
    Munny Model IQD Value Projections
    Range 1345 IQD/1 USD to 1 IQD/.27 USD:

    1345 Target ACHIEVED!!!
    1260 Target ACHIEVED!!!
    1100 IQD/1 USD by Jan. 5, 2008
    810 IQD/1 USD by July 5, 2008
    500 IQD/1 USD by Jan. 3, 2009
    300 IQD/1 USD by Apr. 18, 09
    1 IQD/.01 USD by Aug. 8, 09
    1 IQD/.27 USD by Sept. 12, 09

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  3. #2
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    Default

    munny - thanks for posting - that must have taken alot of time to figure out those percentages. very informative perspective!

  4. #3
    Banned lndmn_01's Avatar
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    Default % decreases

    In early 1988, the official dinar-dollar exchange rate was still ID1 to US$3.22; however, with estimates of the nation's inflation rate ranging from 25 percent to 50 percent per year in 1985 and 1986, the dinar's real transaction value, or black market exchange rate, was far lower-- only about half the 1986 official rate.


    So...

    1988: 1 dinar= $1.61

    First gulf war(+sanctions) 1 dinar = approx. $ .20 90% drop in value

    Second gulf war(+ current occupation) 1 dinar = approx. $.0006 33,334% drop in value


    Saddam valued the dinar much higher ($3.22) the entire time but the values above were internationally accepted.

    So if they can have an overnight drop in value of 33,334% why not an overnight increase of 28,471%-42,757% (1 dinar = $.20-$.30)???

  5. #4
    Senior Investor Dinar Cha Ching's Avatar
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    Quote Originally Posted by lndmn_01 View Post
    In early 1988, the official dinar-dollar exchange rate was still ID1 to US$3.22; however, with estimates of the nation's inflation rate ranging from 25 percent to 50 percent per year in 1985 and 1986, the dinar's real transaction value, or black market exchange rate, was far lower-- only about half the 1986 official rate.


    So...

    1988: 1 dinar= $1.61

    First gulf war(+sanctions) 1 dinar = approx. $ .20 90% drop in value

    Second gulf war(+ current occupation) 1 dinar = approx. $.0006 33,334% drop in value


    Saddam valued the dinar much higher ($3.22) the entire time but the values above were internationally accepted.

    So if they can have an overnight drop in value of 33,334% why not an overnight increase of 28,471%-42,757% (1 dinar = $.20-$.30)???


    My thoughts exactly!
    Please, somebody shoot the messenger!

  6. #5
    Senior Investor Adster's Avatar
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    Quote Originally Posted by lndmn_01 View Post
    In early 1988, the official dinar-dollar exchange rate was still ID1 to US$3.22; however, with estimates of the nation's inflation rate ranging from 25 percent to 50 percent per year in 1985 and 1986, the dinar's real transaction value, or black market exchange rate, was far lower-- only about half the 1986 official rate.


    So...

    1988: 1 dinar= $1.61

    First gulf war(+sanctions) 1 dinar = approx. $ .20 90% drop in value

    Second gulf war(+ current occupation) 1 dinar = approx. $.0006 33,334% drop in value


    Saddam valued the dinar much higher ($3.22) the entire time but the values above were internationally accepted.

    So if they can have an overnight drop in value of 33,334% why not an overnight increase of 28,471%-42,757% (1 dinar = $.20-$.30)???

    Amen.
    Zubaidi:Monetary value of the Iraqi dinar must revert to the previous level, or at least to acceptable levels as it is in the Iraqi neighboring states.


    Shabibi:The bank wants as a means to affect the economic and monetary policy by making the dinar a valuable and powerful.

  7. #6
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    Smile Thanks Munny...

    Quote Originally Posted by MunnyBaggs View Post
    As I continue to read the various comments and theories concerning our IQD investments I sometimes get the feeling some do not understand the magnitude of the value increases we are talking about. Even marginal IQD increase can create amazing purchasing power for the Iraqi people. The % increase formula is (New Value Old Value) / Old Value then multiply X 100 if anyone cares to check my math.

    1430 IQD to 1 USD
    1 IQD = .0007 USD Baseline starting point.

    1300 IQD to 1 USD
    1 IQD = .00077 USD = 10% increase in value.

    1000 IQD to 1 USD
    1 IQD = .001 USD = 43% increase in value.

    700 IQD to 1 USD
    1 IQD to .0014 USD = 100% increase in value.

    500 IQD to 1 USD
    1 IQD =.002 USD = 186% increase in value.

    100 IQD to 1 USD
    1 IQD =.01 USD = 1329% increase in value.

    50 IQD to 1 USD
    1 IQD =.02 USD = 2757% increase in value.

    25 IQD to 1 USD
    1 IQD =.04 USD = 5614% increase in value.

    10 IQD to 1 USD
    1 IQD = .10 USD = 14,186% increase in value.

    5 IQD to 1 USD
    1 IQD = .20 USD = 28,471% increase in value.

    1 IQD = .30 USD = 42,757% increase in value.

    1 IQD = .50 USD = 71,329% increase in value.

    1 IQD = $1 USD = 142,757% increase in value.

    1 IQD = $2 USD = 285,614% increase in value.

    1 IQD = $3 USD = 428,471% increase in value.
    Great information...
    "As long as we live in this world, we are bound to encounter problems. If, at such times, we lose hope and become discouraged, we diminish our ability to face difficulties. If, on the other hand, we remember that it is not just ourselves but also everyone who has to undergo suffering, this more realistic perspective will increase our determination and capacity to overcome troubles." Dalai Lama

  8. #7
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    Quote Originally Posted by MunnyBaggs View Post
    As I continue to read the various comments and theories concerning our IQD investments I sometimes get the feeling some do not understand the magnitude of the value increases we are talking about. Even marginal IQD increase can create amazing purchasing power for the Iraqi people. The % increase formula is (New Value Old Value) / Old Value then multiply X 100 if anyone cares to check my math.

    1430 IQD to 1 USD
    1 IQD = .0007 USD Baseline starting point.

    1300 IQD to 1 USD
    1 IQD = .00077 USD = 10% increase in value.

    1000 IQD to 1 USD
    1 IQD = .001 USD = 43% increase in value.

    700 IQD to 1 USD
    1 IQD to .0014 USD = 100% increase in value.

    500 IQD to 1 USD
    1 IQD =.002 USD = 186% increase in value.

    100 IQD to 1 USD
    1 IQD =.01 USD = 1329% increase in value.

    50 IQD to 1 USD
    1 IQD =.02 USD = 2757% increase in value.

    25 IQD to 1 USD
    1 IQD =.04 USD = 5614% increase in value.

    10 IQD to 1 USD
    1 IQD = .10 USD = 14,186% increase in value.

    5 IQD to 1 USD
    1 IQD = .20 USD = 28,471% increase in value.

    1 IQD = .30 USD = 42,757% increase in value.

    1 IQD = .50 USD = 71,329% increase in value.

    1 IQD = $1 USD = 142,757% increase in value.

    1 IQD = $2 USD = 285,614% increase in value.

    1 IQD = $3 USD = 428,471% increase in value.

    Munny,

    This is a lot better information compared to your "Munny Model" that you have been pushing around!
    When someone is born, we cry the tears of sorrow and when someone dies, we cry the tears of joy!

  9. #8
    Senior Investor Adster's Avatar
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    Default

    Quote Originally Posted by MunnyBaggs View Post
    As I continue to read the various comments and theories concerning our IQD investments I sometimes get the feeling some do not understand the magnitude of the value increases we are talking about. Even marginal IQD increase can create amazing purchasing power for the Iraqi people. The % increase formula is (New Value Old Value) / Old Value then multiply X 100 if anyone cares to check my math.

    1430 IQD to 1 USD
    1 IQD = .0007 USD Baseline starting point.

    1300 IQD to 1 USD
    1 IQD = .00077 USD = 10% increase in value.

    1000 IQD to 1 USD
    1 IQD = .001 USD = 43% increase in value.

    700 IQD to 1 USD
    1 IQD to .0014 USD = 100% increase in value.

    500 IQD to 1 USD
    1 IQD =.002 USD = 186% increase in value.

    100 IQD to 1 USD
    1 IQD =.01 USD = 1329% increase in value.

    50 IQD to 1 USD
    1 IQD =.02 USD = 2757% increase in value.

    25 IQD to 1 USD
    1 IQD =.04 USD = 5614% increase in value.

    10 IQD to 1 USD
    1 IQD = .10 USD = 14,186% increase in value.

    5 IQD to 1 USD
    1 IQD = .20 USD = 28,471% increase in value.

    1 IQD = .30 USD = 42,757% increase in value.

    1 IQD = .50 USD = 71,329% increase in value.

    1 IQD = $1 USD = 142,757% increase in value.

    1 IQD = $2 USD = 285,614% increase in value.

    1 IQD = $3 USD = 428,471% increase in value.

    More like it the Munnster. High % increases in this one off unique situation do not come into play IMO and are very probable.
    Zubaidi:Monetary value of the Iraqi dinar must revert to the previous level, or at least to acceptable levels as it is in the Iraqi neighboring states.


    Shabibi:The bank wants as a means to affect the economic and monetary policy by making the dinar a valuable and powerful.

  10. #9
    Senior Member MunnyBaggs's Avatar
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    Quote Originally Posted by mtgrown View Post
    Munny,

    This is a lot better information compared to your "Munny Model" that you have been pushing around!
    I'm not "pushing" anything and this information is part of the current Munny Model Theory. People are ready for a different perspective and they are free to believe any theory they choose. And thanks to you and the others compliments here.
    Munny Model IQD Value Projections
    Range 1345 IQD/1 USD to 1 IQD/.27 USD:

    1345 Target ACHIEVED!!!
    1260 Target ACHIEVED!!!
    1100 IQD/1 USD by Jan. 5, 2008
    810 IQD/1 USD by July 5, 2008
    500 IQD/1 USD by Jan. 3, 2009
    300 IQD/1 USD by Apr. 18, 09
    1 IQD/.01 USD by Aug. 8, 09
    1 IQD/.27 USD by Sept. 12, 09

  11. #10
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    Good job Munny, really helped me out here.

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