Thread: IMF April 30, 2007

Originally Posted by neno

You know Susie. I think you just might be right....

excuse me, i have been corrected on my chain of events theory. what happened on the 30th of april is safe dinar had a bot watching the cbi website which detected the change of the rate to .19; before safe d could stop it their automatically generated email system notified all clients of the change.

no mistake, premature but not a mistake.

Originally Posted by kuga

i originally helped neno out with the equation he posted a few pages back. so, i will try to clarify the .19 rate as well. so, lets get started.


for starters, i will say that i think this is an odd coincidence, and not so much the way it will work out. the .19 number can be generated by moving the decimal of the sdr rate 4 spots. this will make 1 nid = 5.16 sdr. using the equation from before, you have (1 nid * 1 sdr) = (5:16 sdr * x nid) . therefore, 1/ 5.16x = .19.


i couldnt tell you why the decimal is moved 4 spots, nor can you use this to determine a usd amount (unless you plug it all back in the equation from earlier). however, it is a very strange coincidence and one that warrents some more thought.

the only thing i see wrong ( i use that word loosely not trying to imply anything ) doesnt the SDR rate actually translate into a set value set by that countries currency value ( example i think 1sdr = 1.29 usd or something like that ) so to currect the above mentioned rate you would need to find out what 1SDR to 1IQD is and that should give you your correct rate ( based on the math mentioned above ) now if im wrong im sorry just i seem to remember it being mentioned somewhere before

Originally Posted by phiberoptik

the only thing i see wrong ( i use that word loosely not trying to imply anything ) doesnt the SDR rate actually translate into a set value set by that countries currency value ( example i think 1sdr = 1.29 usd or something like that ) so to currect the above mentioned rate you would need to find out what 1SDR to 1IQD is and that should give you your correct rate ( based on the math mentioned above ) now if im wrong im sorry just i seem to remember it being mentioned somewhere before

sdr is always the same rate but just changes when paired against currencies to reflect theirs. the chart neno is displaying in the first post in this thread is iraq's sdr rates per year.

Originally Posted by shotgunsusie

sdr is always the same rate but just changes when paired against currencies to reflect theirs. the chart neno is displaying in the first post in this thread is iraq's sdr rates per year.

ahhh thanks

Originally Posted by phiberoptik

the only thing i see wrong ( i use that word loosely not trying to imply anything ) doesnt the SDR rate actually translate into a set value set by that countries currency value ( example i think 1sdr = 1.29 usd or something like that ) so to currect the above mentioned rate you would need to find out what 1SDR to 1IQD is and that should give you your correct rate ( based on the math mentioned above ) now if im wrong im sorry just i seem to remember it being mentioned somewhere before

you are correct, but kinda missed what i was saying. it is okay - it can be confusing sometimes. several pages back, neno posted a formula i sent him that broke down this conversion. the .00051x sdr rate = .00078x usd. the example i was giving a post or so ago was relating the .19 rate to the equation. safedinar received the rate from the cbi (i thought they were tied into the cbi database). the only way to get the number of .19 is to use sdr - which you are correct - it is not a dollar value. the dollar value of the .19 rate is $1.27 when concerted from sdr to nid/usd. the whole .19 rate is intriguing because it is actually possible to get to (albeit in error). i tend to think the cbi inadvertantly plugged the rate while testing their new centralized system. i dont think the rate is real, though. either way, the cbi goofed and published it to a publically accessible server that safedinar was tied into. i do think it was an internal test for when the rv does occur. i just think they used some bad math. it is too big of a coincidence that we can get to that error rate however.

Originally Posted by kuga

you are correct, but kinda missed what i was saying. it is okay - it can be confusing sometimes. several pages back, neno posted a formula i sent him that broke down this conversion. the .00051x sdr rate = .00078x usd. the example i was giving a post or so ago was relating the .19 rate to the equation. safedinar received the rate from the cbi (i thought they were tied into the cbi database). the only way to get the number of .19 is to use sdr - which you are correct - it is not a dollar value. the dollar value of the .19 rate is $1.27 when concerted from sdr to nid/usd. the whole .19 rate is intriguing because it is actually possible to get to (albeit in error). i tend to think the cbi inadvertantly plugged the rate while testing their new centralized system. i dont think the rate is real, though. either way, the cbi goofed and published it to a publically accessible server that safedinar was tied into. i do think it was an internal test for when the rv does occur. i just think they used some bad math. it is too big of a coincidence that we can get to that error rate however.

isnt it tho

Originally Posted by shotgunsusie

no mistake, premature but not a mistake.

A simple case of premature Iraqulation......

Originally Posted by Lunar

A simple case of premature Iraqulation......

Mate! Thats Funny!!!!!lol

Originally Posted by Lunar

A simple case of premature Iraqulation......

I don't care what you say, now that there is funny..........

Originally Posted by neno

I can tell from these last few post, that the whole thread is not read....

If they keep going at the rate they are with all the lastest news and now a IMF update of a exchange rate to work from along with implementing the HCL be the end of the month, I hear a Internal RV by May 31. Then a External RV with the ISX in the FIRST WEEK of June. It has all been laid out in the News. It just has to fall in now. And Yes I believe, Hope, and have the Faith. Way More than normal of things happening now.

Does this mean they will have their RV in country and not announce to outside world for a week then announce to outside world? I'm confused