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Iraq-NEW Currency ISO Code


FreckledFuzz
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Remember all the bantering about 368 - was the ISO [it was] and the rate....blah blah blah

XE.com now has a *new* ISO code: 4217

and just for reference I included a website stating the old

NEW: http://www.xe.com/currency/iqd-iraqi-dinar

OLD: http://iso-code.com/countries/IQ/currencies.html

Edited by cisole
Fixed new link
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Link for "New" didn't work

Error code 404

Just go to

www.xe.com and click on the link for IQD--or select it from the drop down menu

IQD Facts

ISO 4217 Code: IQD

Inflation: 5.11%

Minor Unit:

1/1000 = fils

Symbol: د.ع

Coins:

Freq Used: د.ع 25, د.ع 50, د.ع 100

Banknotes:

Freq Used: د.ع 50, د.ع 100, د.ع 250, د.ع 500, د.ع 1000, د.ع 5000, د.ع 10000, د.ع 25000

Central Bank

Central Bank of Iraq

Website:

www.cbi.iq/

I should note this is not the new number---rather it looks as if in a transition of change......ISO 4217 is a standard as defined on Wiki: http://en.wikipedia.org/wiki/ISO_4217

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Or new currency?

Yes, this could be a sign of new currency as stated by Wiki

Over time, new currencies are created and old currencies are discontinued. Frequently, these changes are due to new governments (through war or a new constitution), treaties between countries standardizing on a currency, or revaluation of the currency due to excessive inflation. As a result, the list of codes must be updated from time to time. The ISO 4217 maintenance agency (MA), SIX Interbank Clearing, is responsible for maintaining the list of codes.

http://en.wikipedia.org/wiki/ISO_4217

New currency will/would need a new code

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Sorry, It means NOTHING

as per Wikipedia

ISO 4217 is a standard published by the International Standards Organization, which delineates currency designators

In other words ISO 4217 is just the standard that defines the currency designations for each country.

http://en.wikipedia.org/wiki/ISO_4217

We are all in such a hype with this RV, that we are looking for ghosts everywhere. I am also getting impatient and on edge. All we can do is stay grounded and know that it will happen when the time is right.

Sorry to burst the bubble.

GO RV

Edited by CYRUS
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Thank you for the post!

This investment is really confusing!!! :blink: On just about every post, you have the positive posts, and the negative posts. It is almost like if someone see's something positive, they have to post a negative! My question is why we have to be so negative. Sure things could go bad, but why be looking for it? If all someone has to do is look for the negative on this investment, why do you stay in it? Why not just sell your dinar, take a little hit, and invest in something that is more positive for you!!

I am here for good or bad. That is what an investment is. My glass is still over half full, and will stay that way until the end!

Go RV!!!

:D:D:D

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You got that right!

Exactly!

A new currency code would be bad. This is in reference to an ISO code which 4217 seems to be a standard.

368 to 4217.

When we see a new 3-Letter Acronym, i.e., NID, IDX, IQN, or something like that.. Than we should be concerned.

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