Thread: Jordanian Dinar

Join Date: Feb 2006
Location: Indianapolis
Posts: 44




Sooo sorry I lifted this from another site. If this is true, then it provides evidence that a ME Currency can/will RV in significant amounts. It seems (needs to be confirmed) that it moved .06 cents. Again, if true, a good sign for us. Thank You.

Jordan Dinar
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My dealer has teleconferences every week and yesterday he said he was flooded with calls all day yesterday from people saying the dinar r/v'd. He said he called the bank and they said that the dinar did r/v but not the iraqi. They told him the iraqi dinar was suppose to r/v but didnt because of "government issues." The bank told him that the Jordan Dinar r/v'd at 76 cents. The bank ALSO told him that the World Bank did say that iraqi dinar would r/v soon at (and I quote) "a good rate."

Dont know if its just dealer hype but I thought I might share. Despite what I hear Im not buying anymore until August, unless of course it r/v's

In the words of another forum member...just my 2 dinars worth!!!

Yes i saw that too! I hope there is some truth to it!!

I checked both XE.COM and the "Currency Converter" and both those sites list the J Dinar @ .7090 to one US Dollar. If the rate has changed it isn't showing on the major currency sites.

is the jordanian dinar cheap? i mean is it near what the iraqi dinar is at, can we buy it cheap? is there a potential for a big reval?

Originally Posted by deepfreeze

is the jordanian dinar cheap? i mean is it near what the iraqi dinar is at, can we buy it cheap? is there a potential for a big reval?

Depends on what you consider cheap!!!
1 Jordanian dinar = $1.41 USD. Therefore, if you want a million JD, it will cost you $1,411,333.0841

OOPs, Here's my link:
Jordanian Dinar to U.S. Dollar Exchange Rate - Yahoo! Finance

Originally Posted by deepfreeze

is the jordanian dinar cheap? i mean is it near what the iraqi dinar is at, can we buy it cheap? is there a potential for a big reval?

I wouldn't call .7090 to $1 USD cheap.

Compare THAT to the ID
Iraqi Dinar to U.S. Dollar Exchange Rate - Yahoo! Finance

Originally Posted by cooldolphins

Compare THAT to the ID
Iraqi Dinar to U.S. Dollar Exchange Rate - Yahoo! Finance

And the interesting thing about Jordan is that they are a relatively poor country with scant natural resources..I remember looking it up a few months ago and I believe their #1 export was nitrates/phosphorus which is used to make fertilizer. For me this was and still is a compelling reason to believe that the Iraqi Dinar is extremely undervalued at this time and can only skyrocket.

Originally Posted by whatever

And the interesting thing about Jordan is that they are a relatively poor country with scant natural resources..I remember looking it up a few months ago and I believe their #1 export was nitrates/phosphorus which is used to make fertilizer. For me this was and still is a compelling reason to believe that the Iraqi Dinar is extremely undervalued at this time and can only skyrocket.