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REDRV

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Everything posted by REDRV

  1. shipping out monday ...... down to 750,000
  2. Just paypal direct $210 carpet_muncher_007@hotmail.com Thx's Josh To All : Going quick so before you pay e-mail me to confirm i still have some
  3. I'm down to 1.2 mil $313 for 300,000 IQD payed thru paypal thx's
  4. I am just broke needing a house to rent and my dinar is all I got. need to sell 1.7 mil will leave me with 100,000 REDRV GO RV
  5. 1,700,000 for $1600 I accept paypal I will seperate at $105 per 100,000 way less than i paid ,, I have to sell some dinar to secure home for family ,,, dinar purchased thru dinar trade ali good clean crisp dinars I'm in sw washington e-mail carpet_muncher_007@hotmail.com or leave your e-mail need to get home asap. thx's REDRV GO RV
  6. Could someone explain this to me "IRAQI CRAIGSLIST" look at the prices of stuff in the for sale section ............................. anyone translate...... http://baghdad.craigslist.org/ ........ REDRV
  7. A can of coke cost 1000 dinar in Iraq (this is just an example) or $1 ....... when it reinstates, if they reverse what they did, you would receive 1000 1 dinar bills in exchange for your 1000 dinar bill and 1 dinar is still 1 dinar in Iraq ,,,, outside Iraq it will be what it is ....... ( jmo )
  8. Let's say it's 1988 and I'm feeling pretty good I'm in Iraq and I've got 10,000 dinar ( 32,000 usd) feels good. Then all the sudden my 10,000 dinar is only worth ( 10 usd ) and is about to be replaced (now feeling not so good) I have about three months to exchange my dinar with the new dinar (current IQD) at an exchange rate of 1 to 1 ... Now I still only have 10,000 dinar ( 10 USD ) when will I get back my (31,990 USD ) value........... If they took it from me they should be able to give it back............ Opinions wanted REDRV
  9. KINDA FITS WITH RECEIVING CIRCULATED NOTES AND SHORT SHIPMENTS....
  10. I HAVE ALSO PURCHASED THESE FROM EBAY AND YES THEY ARE EXPENSIVE.... MY EXPERIENCE WITH EBAY HAS BEEN GOOD JUST LOOKIN TO GET A BETTER PRICE .... REDRV
  11. IN REGARDS TO THE IRAQI'S AND NOT HAVING MUCH DINAR ..... I READ THEY WOULD BE COMPENSATED AND THE COMPENSATION SOUNDED PRETTY GOOD........ I HOPE THEY DO BENIFET GREATLY ..... LET IT RAIN DINAR FOR ALL OF IRAQ ..... REDRV
  12. WHO KNOW'S WHERE THE BEST PRICE IS, FOR THE CURRENT SMALLER 500 250 50 DINARS? ANYBODY..... REDRV
  13. AMEN TO THAT .... I'LL TAKE TWO.....REDRV
  14. O ......... PLEASE REMEBER THIS IS JUST MY OPINION (S) I AM JUST ANOTHER POOR SOUL WHO WAS ROBBED OF MY JOB HOUSE TOYS BANK ACCOUNT..... BUT LIFE GOES ON GORV GIVE THE PEOPLE OF IRAQ BACK THEIR WEALTH MAKE IT RAIN 100 DINAR BILLS FOR ALL......... REDRV
  15. I AM SAYING I FEEL STRONG ABOUT THIS INVESTMENT....... THEIR ECONOMY IS IMPROVING SO THEREFORE THEY NEED TO REMOVE SOME CURRENCY FROM THE CIRCULATION AND MAKE IT HAVE MORE VALUE AT THE SAME TIME........ THE IRAQI PEOPLE USE TO HAVE WEALTH LETS SAY YOU HAD 1000 DINAR BEFORE 1990 GULF WAR.. IT HAD VALUE AND THEN THE VALUE STARTED GOING DOWN RAPIDLY THEY DID NOT CREATE A NEW CURRENCY ON THE WAY DOWN IT TOOK MORE MONEY TO BUY THE SAME THING SO THEY HAD TO PRINT MORE MONEY .... NOW THINGS ARE GETTING BETTER AND NOW THEY NEED TO REMOVE SOME OF THE MONEY TO GIVE ITS VALUE BACK...... IF PRE 90 YOU WERE WEALTHY WITH 1 MILLION DINAR EQUAL TO 3MILLION AMERICAN WOULDN'T YOU BE UPSET IF YOU GOT BACK 1000 DINARS EQUAL TO 860 AMERICAN HOW LONG WOULD IT TAKE THE 860 TO GROW TO 3MILLION AGAIN ON THE OPEN MARKET ?...
  16. A LITTLE DINAR HISTORY ...... IF YOU DISAGREE WITH THIS INFORMATION CHANGE IT AT .... http://en.wikipedia.org/wiki/Iraqi_dinar ...... The dinar (pronounced: di-'när) (Arabic: دينار, Kurdish: دینار) (sign: د.ع; code: IQD) is the currency of Iraq. It is issued by the Central Bank of Iraq and is subdivided into 1,000 fils (فلس), although inflation has rendered the fils obsolete. Contents [hide] 1 History 2 Speculation 3 Redenomination 4 Coins 5 Banknotes 6 1990-2002 Series 7 Current banknotes 8 See also 9 References 10 External links [edit] History The dinar was introduced into circulation in 1932, by replacing the Indian rupee, which had been the official currency since the British occupation of the country in World War I, at a rate of 1 dinar = 13⅓ rupees. The dinar was pegged at par with the British pound until 1959 when, without changing its value, the peg was switched to the United States dollar at the rate of 1 dinar = 2.8 dollars. By not following the devaluations of the U.S. currency in 1971 and 1973, the dinar rose to a value of US$3.3778, before a 5 percent devaluation reduced the value of the dinar to US$3.2169, a rate which remained until the Gulf War, although in late 1989, the black market rate was reported at five to six times higher (3 dinars for US$1) than the official rate.[2] After the Gulf War in 1991, due to UN sanctions, the previously used Swiss printing was no longer available. A new, inferior quality notes issue was produced. The previous issue became known as the Swiss dinar and continued to circulate in the Kurdish region of Iraq. Due to sanctions placed on Iraq by the United States and the international community and excessive government printing of the new notes issue, the dinar devalued quickly, and in late 1995, US$1 was valued at 3,000 dinars. Following the deposition of Saddam Hussein in the 2003 invasion of Iraq, the Iraqi Governing Council and the Office for Reconstruction and Humanitarian Assistance began printing more Saddam dinar notes as a stopgap measure to maintain the money supply until new currency could be introduced. Between October 15, 2003 and January 15, 2004, the Coalition Provisional Authority issued new Iraqi dinar coins and notes, with the notes printed by De La Rue using modern anti-forgery techniques, to "create a single unified currency that is used throughout all of Iraq and will also make money more convenient to use in people’s everyday lives."[3] Old banknotes were exchanged for new at a one-to-one rate, except for the Swiss dinars, which were exchanged at a rate of 150 new dinars for one Swiss dinar. These new banknotes led to a new industry of selling the new Iraqi dinar to oversea investors who hoped to profit from Iraq's new currency when the economy improved. The provisional government of Iraq has made this legal, but the banknotes are exchanged at different rates by companies wanting to make profit. Due to the success of this program, though, Iraqi dinar has been widely counterfeited. However, there are six different security features on the 25,000 Iraqi dinar note that one can check for authenticity.[4] Although the value of the dinar appreciated following the introduction of the new banknotes from 4,000 dinars per U.S. dollar, at the time of their introduction, to a high of 980 dinars per dollar, it is now held at a "program" exchange rate, as specified by the International Monetary Fund,[citation needed] of 1170 dinars per US dollar at the Central Bank of Iraq. However, there is not yet a set international exchange rate and so international banks do not yet exchange Iraqi dinar. The exchange rate available on the streets of Iraq is around 1200 dinars per US dollar. For a wider history surrounding currency in the region, see The History of British Currency in the Middle East. [edit] Speculation On May 3, 2007, the IMF released a statement in relation to the international compact with Iraq, which has turned the tide in regards to speculation on the Iraq dinar. The contents of the article discuss changes made in Iraq on the economic front of how the Iraq government had eliminated fuel subsidies. The article also stated that the Central Bank of Iraq had raised interest rates in an attempt to allow a gradual appreciation of the dinar in an attempt to fight dollarization of the Iraq economy. Although there are claims of widespread optimism of some language used later in the press release among some dinar speculators, there have been no publicly released statements or analysis by any news sources or governments.[5] Since the introduction of the new Iraqi Dinar in 2004 after the fall of Sadaam Hussein, dinar speculators have resorted to private dealers to buy and sell the Iraqi Dinar because there is no public market for the Iraqi Dinar. Currently, dealers registered with the U.S. Treasury as a Money Service Business sell dinars for around $1100 per 1 million IQD.[6] It is yet to be seen how much of a return dinar speculators will receive. [edit] Redenomination This section does not cite any references or sources. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. (July 2010) According to a Reuters report on 11 Feb 2010, Iraq expects to redenominate its dinar currency by knocking three zeros off the nominal value of bank notes to facilitate currency transactions. Emerging from years of war and sanctions, Iraq is trying to revamp its economy and boost oil production with a raft of crude deals that may vault it to one of the world's top oil producers. 'The goal is to improve the payment and receiving system in the country and consequently to reform cash management,' said Mudher Kasim, a senior advisor at the central bank. Kasim said that the central bank expected to start rolling out new notes by the end of the year or the beginning of 2011. Iraq has 25 trillion dinars in circulation, officials say. An Iraqi cabinet committee ordered the change in 2007, but the central bank did not think it is appropriate until recently. http://www.rferl.org/content/Iraq_Planning_Currency_Redenomination/1950504.html [edit] Coins Coins were introduced in 1931 and 1932 in denominations of 1, 2, 4, 10, 20, 50 and 200 fils, with the 200 fils known as a rial. The 20, 50 and 200 fils were minted in silver. In 1953, silver 100 fils coins were introduced. Following the establishment of the Iraqi Republic, a new series of coins was introduced in denominations of 1, 5, 10, 25, 50 and 100 fils, with the 25, 50 and 100 fils in silver until 1969. In 1970, 250 fils pieces were introduced, followed by 500 fils and 1 dinar coins in 1982. Coin production ceased after 1990. In 2004, new 25, 50, and 100 dinars coins were introduced. However, these coins proved to be unpopular & were withdrawn from circulation. END. ACCORDING TO THIS THEY DID A 1 TO 1 EXCHANGE .... AS THE VALUE GOES BACK UP YOU NO LONGER HAVE A NEED FOR THE LARGER NOTES SO YOU SIMPLY CASH THEM IN (OR MAKE A DEPOSIT ) FOR SMALLER NOTES IF YOUR IN IRAQ .... OUTSIDE IRAQ WE MAKE A DEPOSIT AND POOF MONEY INTHE BANK..... THEY DID NOT HAVE 25 K NOTES BACK THEN BUT IF YOU HAD ENOUGH 250 NOTES YOU WOULD HAVE EXCHANGED THEM FOR A 25K NOTE SO FOR THEM TO NOW TURN A 25K INTO A 25 DOES NOT MAKE SENSE WHEN A 250 NOTE USE TO CARRY A HEAVY $750 US TAG.... HYPERINFLATION PRINT MORE MONEY. LOW INFLATION BUY BACK LARGE NOTES MEANS INCREASED VALUE. JMO ... REDRV
  17. REDRV

    YES, OR NO

    HERE IS MY OPINION: SMALLER DENOMINATION BILLS COMING OUT: IMO YES.... A REVALUATION: IMO YES.... WILL WE EXCHANGE FOR SMALLER NOTES: IMO NO... WE WILL MAKE A DEPOSIT INTO OUR BANKS AND NEVER SEE OUR DINAR AGAIN ...WE WILL WITHRAWL USD.... WILL IRAQ PAY FOR THIS: IMO YES, BUT THRU THE BANKING SYSTEM VIA RESERVE BANK , OUR DINAR WILL NOW BECOME PART OF OUR FOREIGN RESERVES IN WHICH WE WILL USE TO PURCHASE OIL FROM IRAQ........ KEEP IN MIND THAT THEY DO NOT HAVE TO PAY OUT RV X 27TRILLION: IF THEY HAD TO PAY THE FULL 27TRILLION X RV THAT WOULD MEAN THAT THEY DO NOT HAVE ANY DINAR ON THE STREETS OF IRAQ.. IF THEY HAD NO DINAR ON THE STREETS THEY WOULD HAVE TO PRINT MORE: IMO THEY WILL NOT MAKE MORE.... THIS ALL IS JUST MY OPINION NOTHING MORE........... REDRV
  18. DID APPLE STOCK GO FROM LIKE $3 TO $300 OR SOMETHING LIKE THAT? REDRV
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