miminakai

newmoney.gov/newmoney/default.aspx Anyone's opinion on this? I know its been pushed back due to technical difficulties. But I was wondering with all these reports of banks getting de la rue machines, could it be in preparation for usd's? Hopefully the dinar but something that crossed my mind.

Your right, my husband complains about this as I'm coloring in his bald spots ... Been in this investment for years... the thing is it's a forum, where else can we go to ask these questions, and get others opinions about them? Definitely not those whom we've talked about it to... occasionally I get the joke of did that R.V thingy happen yet? I can't wait to smuggly answer "maybe"... don't want anyone barking up my tree. It'll happen when it happens. For the sake of my hair, Bob's Marley "Three Little Birdies" will be my theme until this thing happens.

What's up with the need for harsh tones Seff.... I'm a so called "newbie" but don't post often but still managed to remember scooter mentioning something about this (lower half of convo)... just may be more than a holiday coincidence, who knows? .. check out the links .... And these I just pulled up by doing a google search... it talks about what the suspensions are all about.... http://www.iraqixchange.com/index.php?option=com_content&view=section&layout=blog&id=6&Itemid=50 http://webcache.googleusercontent.com/search?q=cache:FHDPv0E2FxsJ:iier.org/i/files/docs/16_June.xls+General+Assembly+Meeting+or+ISX+/+ISC+Instructions&cd=7&hl=en&ct=clnk&gl=us The dates aren't current, but hopefully you can get the gist of it.

*So confused* Can anyone else find a better translation of this? Not trying to read too much into this, but it says including the "commission" $13 dinar per dollar.... then it says $13 dinar with a deduction of $8 dinars per dollar.... didn't someone the other day say a rate in the $5 dollar realm.... ??? wish I knew what this article was really stating... wishful thinking, yes, but this could be a hint at the new rate....

Just ran across these comments posted under a news article... . Again I ran across this, this is not how I feel, it goes entirely against my plans for the near future. Stew says: November 18, 2010 at 12:21 pm Travis… there are a number of articles right here on this web-site. There have been dozens of articles over the last couple years where representatives of the CBI have stated they plan to redenominated the dinar and remove 3 zeros. There have also been articles where economist have agreed with the plan, and articles where economist have disagreed with the plan. But those economist are just giving their opinion. The CBI is set. They want the redenomination. Standard procedure for that is a 1000 old for 1 new exchange. The old dinar is worth .00085, the new dinar would be worth .85. Again, standard procedure. This has been done by many different countries about 80 times in recent history. It’s not a mystery how it will happen. It’s only confusing to those listening to dinar dealers and the so-called dinar gurus on the web. MommaE… I don’t know for sure how it will play out. A lot will be determined by how long the exchange period is to swap currencies. The shorter the exchange period the more money you are going to lose. Banks will most likely not get involved with a redenominated currency. You will have to hope a dealer will buy it back from you. You better hope the dealers have a way to get it back into Iraq for exchange. They are certainly not going to perform the service for free even if they can. You’ll be lucky to get $500 per million. A redenomination in almost all cases is revenue neutral. Iraqis will not lose money. Iraqis have 1000 dinar now worth 85 cents… they turn that in for one new dinar in return and that new dinar is worth 85 cents. No lose, no gain. Standard procedure. Just, what if? Not being negative at all... I have been convincingly told by several people that this will not happen. I didn't even consider a LOP a possibility, until I read this guys responses. But these are MEN who have consistently gone against laws/rules/regulations/etc... What if?... If this happens, will Ali (who is vouched for by many, and whom I've purchased dinars from) be able to do an exchange for us. Or is there hard concrete evidence that show that this will not happen.

I was thinking the same exact thing....

I just recently posted about this, had the same problem and question... and yes purchased from Dinar Trade... was told that they are ok, we shall see on cash in day!

I've emailed them, waiting for a response... all the security measures are there, the bills just look suspect. Did they replace your bills?

Back in March I purchased 25,000 notes from Dinar Trade. I just recently purchased more and they do not look alike. The March bills edges are not even (didn't notice until placed against the bills I just received) they have a slight arch at the bottom, and they are not consistent with the newer bills. The newer bills that came look like the top of them had been dipped in water or thumb and tongue counted. Could they possibly be fake? Or is this something consistent with Iraqi printed money?

Just checked out ozforex... this is what I saw: 1 USD = 666.661 IQD 1 IQD = 0.0015 USD Please note OzForex does not offer transfers from US Dollar to Iraqi Dinar. Are they testing the system again or is it changing?