www.xe.com

[Synopsis]

The www.xe.com exchange IQD vs. USD has had a change in behavior lately.  Here are some graphs:

One Year

http://www.xe.com/currencycharts/?from=USD&to=IQD&view=1Y

One Month

http://www.xe.com/currencycharts/?from=USD&to=IQD&view=1M

One Week

http://www.xe.com/currencycharts/?from=USD&to=IQD&view=1W

One Day

http://www.xe.com/currencycharts/?from=USD&to=IQD&view=1D

What is interesting is the IQD has fluctuated between the 1,180 to 1,182 IQD vs. USD over the past few days.  Quite a difference over the past year and before.  I had always wondered what the secondary indices (such as xe) would show prior to a significant change in the IQD vs. USD exchange rate.  To me, this may be an indication of the Central Bank of Iraq and other world banking modern communication and software systems synchronizing.

Maybe wishful thinking but my opinion and  nonetheless.

[skeetdog]

4 minutes ago, Synopsis said:

What is interesting is the IQD has fluctuated between the 1,180 to 1,182 IQD vs. USD over the past few days.  Quite a difference over the past year and before.  I had always wondered what the secondary indices (such as xe) would show prior to a significant change in the IQD vs. USD exchange rate.  To me, this may be an indication of the Central Bank of Iraq and other world banking modern communication and software systems synchronizing.

....Until your explanation, I was loster than a goose in a snowstorm....''Thanks'' for clearing this up...I'll take your hunch on it as ''Good-News''....

[Synopsis]

Just now, skeetdog said:

....Until your explanation, I was loster than a goose in a snowstorm....''Thanks'' for clearing this up...I'll take your hunch on it as ''Good-News''....

Yes, SkeetDog, to me it is Good-News - and the change shortly after January 1, 2017!  Purely my opinion but the synchronization of various banking and exchange systems would appear to be a requirement.  This appears to coincide with the CBI sell/buy rates on the CBI website.  Hey, if the IQD vs. USD exchange didn't matter then we would likely have the same ole same ole.

[Laid Back]

Agreed, the CBI and others banks inside Iraq are getting the banking system linked and synchronized with the rest of the world before the BIG Bang.!!

Go CBI

Go international

Go BIG Bang

Go 2017

[boosterbglee]

Synopsis....your wishful thinking is what we all want to happen! 

[Freedomwish]

23 minutes ago, Laid Back said:

Agreed, the CBI and others banks inside Iraq are getting the banking system linked and synchronized with the rest of the world before the BIG Bang.!!

Go CBI

Go international

Go BIG Bang

Go 2017

GO BIG BANG, GO!! 

[Synopsis]

17 minutes ago, boosterbglee said:

Synopsis....your wishful thinking is what we all want to happen! 

[okane]

it looks like they are locking onto a target rate, then remove the zeros.  That would be a rate of .85 per dinar.  Just a guess and a very wishful one at that !! Then, after a while let it float.  Hey, but then nobody asked me for any input

 

[Laid Back]

3 minutes ago, okane said:

it looks like they are locking onto a target rate, then remove the zeros.  That would be a rate of .85 per dinar.  Just a guess and a very wishful one at that !! Then, after a while let it float.  Hey, but then nobody asked me for any input

 

Thanks for your input okane,

I agree with you. 

[MyLadiesDaddy]

29 minutes ago, Laid Back said:

Thanks for your input okane,

I agree with you. 

You are a class act my friend 

[MANNY99]

FYI. CBI Changed rate from 1182 to 1184.

 

Australian Dollar        AUD    856.506      856.077

Gold of 24 carat Gold 1,362,784.000 1,360,482.000

 

Currency	Code	Sell	Buy
US dollar	USD	1184.000	1182.000
Euro	EUR	1229.584	1228.969
British pound	GBP	1455.018	1454.290
Canadian dollar	CAD	881.083	880.643
Swiss franc	CHF	1150.073	1149.498
Swedish krona	SEK	129.489	129.425
Norwegian krone	NOK	136.601	136.532
Danish krone	DKK	165.398	165.315
Japanese yen	JPY	-----	-----
Special Drawing Rights	SDR	1582.534	1581.743
Indicative rates - 04.01.2017

 

[Laid Back]

27 minutes ago, ladyGrace'sDaddy said:

You are a class act my friend 

I learned that from you my brother.

wishing you the best 👍🏻

[okane]

Thanks LGD, what do you think about that rate?

[SgtFuryUSCZ]

***///  As long as these machinations are not taking place on any "back screens" we're good.

We like real financial data in real time !  Thanks, MANNY, OKANE, et al....! 

[MyLadiesDaddy]

2 minutes ago, okane said:

Thanks LGD, what do you think about that rate?

God only knows, but an rv of any type for me will be a great blessing to the Children God brings me/ 

[Officiallytook]

Thought I was the only one noticing watching this Syn...with the news... man seems like just a few more days..

[jcfrag]

1 hour ago, okane said:

it looks like they are locking onto a target rate, then remove the zeros.  That would be a rate of .85 per dinar.  Just a guess and a very wishful one at that !! Then, after a while let it float.  Hey, but then nobody asked me for any input

 

I for one remain optimistic that they will come out with their Dinar's value falling just above the dollar, making it far more sought after then the dollar!!!   

[deniscanada]

small fluctuations are totally normal. 

Because the IQD is a solid peg to the USD. As the USD climes or drops The IQD has to make adjustments to stay on par with the USD. All currency websites have to do this to correct there websites to show the correct values. 

This is fact!

["Fred"]

15 minutes ago, deniscanada said:

small fluctuations are totally normal. 

Because the IQD is a solid peg to the USD. As the USD climes or drops The IQD has to make adjustments to stay on par with the USD. All currency websites have to do this to correct there websites to show the correct values. 

This is fact!

I was just about to call my boss and give my 2 weeks notice,glad I saw your post. Guess I'll be working a bit longer....

[SgtFuryUSCZ]

***///  We've seen everything from 1166 to 1185 and everything in between.... and we've been watching it on like 3-4 different

currency websites pretty steadily, at different times of day/night.... for a long, long, long, long time.  Sigh....

 

We figure the only way we're gonna know for sure is when we come here and read DVers' posts telling Adam Montana how

much they love him... (more than we usually do...   )

[Synopsis]

3 hours ago, Officiallytook said:

Thought I was the only one noticing watching this Syn...with the news... man seems like just a few more days..

I am hoping it is just a few more days, too, Officiallytook!  I agree that with the news and other external indicators, we just may have our much awaited surprise on the near horizon!

[Boozer]

Soon.. article 8,, HCL.. BANG !!!!!!!!

[sandfly]

Soon 

[okane]

Sandfly is running that potty mouth again.  

Peace at you brother, stay safe

[okane]

23 hours ago, jcfrag said:

I for one remain optimistic that they will come out with their Dinar's value falling just above the dollar, making it far more sought after then the dollar!!!   

I'm with you on that thought as well.  If they really do want to get the USD out of their market and off of their streets then they have to come out stronger.