I will admit that I got alittle nervous. Actually I still am. lol
Handle it. Oh Yeah, might be nervous until I actually have it. But Handle it, I will get use to it.
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I am still nervous and will be until that cbi site is back up and running
The question is, IS SAFE D Currently selling? :waiting:
someone needs to go into a chase and see what they say face to face ..
" Chase buy rate is .261 And the Sell rate is .283 "
does this mean ..
Chase will buy dinars from you at 0.261 and sell dinars to you at 0.293 (IQDUSD rate)
or
If YOU want to BUY dinars then the rate is 0.261 and if YOU want to SELL dinars the rate is 0.283 (USDIQD rate)
????
how does Chase normally quote the BUY/SELL rate .. this is important >> its the LATER version we want !!!!
This is soooooooooo lame. Change your undies and relax folks, the exchange rate is 1269.
just went there rate is as stated by neno .00725
i just called safe dinars telephone service and asking again about placing an order. the staff said their web site is down so i cant purchase through online
so i was asking about place an order through telephone . then he said they stoped selling dinar until their site is back. humm intresting.... he said call them back in evening and he will give the updates..?
friends just go and check your hidden dinars and make sure it is safe..! probably we may have to set an appoinment with BM soon..!
Just talked to Dinar Trade. Selling Dinar for 875.00 per million.
Chase will sell to you higher than they will buy back. They are speaking from their side of the fence...the lower rate will always be what they will buy them back for. They will never sell to you lower than what they will buy them back from you...they lose money that way and we all know banks are not in the business to lose money.
Hope this helps,
Patty
What kind of coincidence is it for both the safe dinar and CBI website to be "down" at the same time?
Just received word back from my bank (who buys thru BOA) that they are selling at .00088 for IQD. BOA is making a higher profit than Chase.
of course .. that's obvious ..
that's why i'm trying to figure out if they are quoting a IQDUSD rate or a USDIQD rate .. if .. USDIQD .. then .. it is still possible that the first guy that Neno was talking to was quoting USDKWD .. but if it was an IQDUSD rate .. then .. it's not likely he was talking about Kuwait dinar ...
to futher illustrate:
If this is a IQDUSD rate ... then:
1,000,000 dinars would cost you US$283,000 (0.283 the SELL rate) .. and you could sell it for US$261,000 (0.261 the BUY rate)
if it was a USDIQD rate .. then:
1,000,000 would cost you US$3,831,417 (0.261 the BUY rate) and you would get only US$3,533,568 for it (0.283 the SELL rate)
I say we should not be calling no one anymore today. Chances are that, even if they do have a new rate for IQD, it won't go into effect until it is made official by the CBI, and it will be anyway for tomorrow ( they gave a rate today, and the IQD is traded against the Euro at that rate.
Yes, I am aware that sometimes the announcements of revals were done at the 12pm time also ( in the middle of the trading day) , but based ont he time of the press conference at DC, I tend to believe the rate will kick in tomorrow.
I say, enjoy the little bit of ride ( few hours) that we have left...
On top of that, the 3pm announcement by Condi comes right at 12:00 Iraqi time. THEN the new rate will be in effect.
My guess.
To our valued customers
Early this morning the Central Bank of Iraq Website (where we retrieve current exchange rate information) crashed. This crash apparently affected the alert that was sent out to our customers. As far as we can determine, the exchange rate did change this morning from:
1270 Dinars to the Dollar ($787.40 per million Dinar)
To
1269 Dinars to the Dollar ($788.02 per million Dinar)
We apologize for any confusion and inconvenience that this may have caused and we appreciate your continued patronage.
Sincerely,
Bryan Canavan
President
SafeDinar.com
Sorry, I thought that was what you were asking :blush: . It could be possible that the first guy was misreading and quoting the KWD, but Neno says he confirmed several times that he was talking about the IRAQI Dinar. The guy may just be new and doesn't know there is a difference...would be my guess since others seem to be confirming the old rates.
Patty
Neno,
I and many others have run in to the same problem with Chase. At times, they look up the wrong currency, or put the wrong amount in the converter..
when it has been a different rate than expected, I have asked them to check it... and sure enough, they were wrong the first time.
Unfortunately, this is not a good time to be told screwed up rates..
Randy
I know the press conf is at 3:00 EST,I have no clue what channels have it.
It is a 9 hours difference between me and Iraq - so exactly at the same time will be TOMORROW in Iraq.
Maybe someone else can help with this?
What I actually think is that the first rate that you got from Chase is the new rate, but it is not in effect as of today.
I am curious - if they gave the 0.0007 quote - if they would actually SELL today at that rate or they would say that they are out of dinars. LOL NO, Don't start calling again and play "buyers!" LOL
Does anyone have any info on the network that will be televising this press conference? Will it be on the major networks (ABC, CBS, NBC) or on a news network (CNN, FOX, MSNBC...etc.)?
Thanks,
Patty
That's right.
The rate is not generated automatically either - as I have read in one of the posts).
The 5 bucks was TYPED in there and the Safedinar website got "fed " with it.
No crash involved - that's BS , just a guy that hurried to update at CBI.
Also, I don't think it is 5-1, rather .20 for one dinar ( meaning the other way around).
just spoke w/chase bank in phoenix-i can buy 1 mil for $868.70. no rv. just spoke w/ali at dinar trade-no rv. he is still selling dinar at $875.00 per mil. all new notes-no wait.