USD is back to the same level as the year of the war.

[skrappyone]

11/2014 0.801411 0.797512 0.806907 15 11/1992 0.795176 0.778586 0.807059 21

 

http://fxtop.com/en/historical-exchange-rates.php?A=1&C1=USD&C2=EUR&DD1=&MM1=&YYYY1=&B=1&P=&I=1&DD2=22&MM2=11&YYYY2=2014&btnOK=Go%21

 

I was just wondering where the USD was at the begining of the war compared to now.  I used the same months of the years for the comparison.  So after 22 years and with all the QE going on here with the USD, it is now back to relatively the same rate as the year and month of the starting of the war.  I find it interesting and I know the USD goes up and down but it has been hanging low at between .74 and .76, now it has made it all the way back to .80.  Why?  Why hasn't it deflated with all the QE?  The USG is really good at hiding facts from us, question is, what are they hiding and why?  To me with oil being down, gold and silver being down, QE done and gone for now, and the USD being back to where it was during the year of the war, isn't it time to let Iraq have their value back to where it was before the war?  Seems fair and it could be part of the puzzle to help with the re-alignment.  Just throwing things out here.  Don't shoot me, lol, Just killing the afternoon hours.  Leave some feedback tho.  I would like opinions.

 

 

US Dollar Index 88.39 +0.68 +0.78%  

This is todays read.  Really high at .88.

Edited November 22, 2014 by skrappyone

[ronscarpa]

Thanks for your interesting perspective (+1) it sounds possible to me, but our US$ relative value doesn't really affect the IQD value IMPO...Blessings..!   

[The Machine]

if only it worked that way

[Tripphood]

No doubt things seem fishy to say the least. Thanks for sharing your interesting thoughts Machine.

[new york kevin]

First of all this is a very interesting question. At first glance its a granny apple and a fuji apple type of thing. Its about US money verses Iraqi money. Bottomline, one doesn't have any influence on the other. The second guess, wonders if it does RV/increase in value and our USD value is a$.80 that we would have a hire purchasing power. The USD may bump up a bit. The IQD maaay have a bit more upward pressure to float upwards from where ever they peg it at initially. Fingers crossed.  

[sandfly]

THANKS

[Calijim]

It just doesn't make economic sense. We print money at an incredible rate while Iraq is putting in gold and reducing their note count yet the rate is still the same. Yet oil which is bought with dollars continues to decline. Go figure...