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gixxerfrog

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Posts posted by gixxerfrog

  3. Iranian Rial

    in Foreign Currencies

    Posted

    Hey pp,  just curious if u have heard anything else from ur friend over there?  It's been awhile so I was wondering if (s)he figured whats going on yet with the rename and them talking about the zero(s). I think we get the best info from ppl on the ground. That's y I like that Adam has contacts over there. Hoping ur friend can find some news or figure out what all this means. 

    • Upvote 2

  11. Iranian Rial

    in Foreign Currencies

    Posted

    25 minutes ago, screwball said:

    From the exchange rate? 

    That's what it will be if they follow through with removing 3 or 4 zeros off their currency. 

     

    1 rial = 0.0000314481 USD

    So remove 3 or 4 zeros 

    1 rial = 0.0314481 or 0.314481

    1,000,000 rials x  .0314481 = $31,488 

    OR 

    1,000,000 rials x .314481 = $314,481 

    • Upvote 1

  13. Iranian Rial

    in Foreign Currencies

    Posted

    1 hour ago, jaman said:

    I was thinking it would be $3.00 US  to 1 Rial.if they removed the zeros 

     

    Right now 1 US dollar = 0.000031 (and some more numbers) Rials.

    So just remove 3 or 4 zeros off the rial like they say they want to.... now 1 US dollar = 0.031 or 0.31 

  15. Iranian Rial

    in Foreign Currencies

    Posted

    Thanks poker, I don't understand why it is a big deal if there is proof that it is going live Sunday? Don't all banks already have swift codes ? It's not like this is a new country starting up, they were just placed under sanctions. They already should have a swift code ?!?!

    • Upvote 2

  16. Iranian Rial

    in Foreign Currencies

    Posted

    1 hour ago, jaman said:

    YOTA has an article out there that said OBLAMMA has signed off on Iran and the 

    Irans swift codes go live Sunday. Here we go!

    Could you show us a link showing this....also what the heck is the "swift codes'?

  17. Iranian Rial

    in Foreign Currencies

    Posted

    1 hour ago, Freedomwish said:

    If this dude isn't saying the rate is expected to be like, around 1 to 1.......then I really have no idea what I'm doing here..:blink:

    Screwball, you're gonna make me pass out drunk before the night is over..........KEEP THE NEWS COMING MY FRIEND!!

    YEEEEEAAAAH MAN!! HA! :cheesehead:

    I took it as instead of the dual rates it will be just one, not 1:1  right now there is a street rate and a cbi rate. I can't see them going to 1:1 even after they rv, I'm hoping for around 10 cents.  I still think we have some time yet before this pops....hopefully not too much longer though lol.

    • Upvote 3

  18. Iranian Rial

    in Foreign Currencies

    Posted

     

    2 hours ago, screwball said:

    Hmmmm.lots of meetings taking place with European countries and delegations over the past few days and this weekend..

    Wow, I'd say so. You said "700 billion in untapped resources" is that 700 billion dollars ????? This is getting fun and interesting!!! Seeing all these other countries having meetings. I just wish it would RV already though lol.

    • Upvote 1

  19. Zimbabwe currency

    in Foreign Currencies

    Posted

    10 minutes ago, blueskyline said:

    Its a Big Gamble Gixxerfrog . Zimbabwe stopped using their highly inflated currency and drew a large portion of it in two summers ago .They currently have a major cash shortage with lawsuits and protests against the coming bond notes.  The question is will they recognize this inflated currency once again while introducing the new bond notes to be released in October . And whether or not they still decide to do this ??? 

    Mugabe wants to ‘liberate’ Zim from US dollar

    May 17, 2013
    19
    4894
     3477  1323  140  36
     

    By Itai Mushekwe

    HARARE – President Robert Mugabe’s regime is planning on a launching a new currency backed by a gold standard in 2015, as part of the Zanu PF leader’s final wish to “liberate” Zimbabwe from Western monetary imperialism.http://nehandaradio.com/2013/05/17/mugabe-wants-to-liberate-zimbabwe-from-us-dollar/

     

    Robert Mugabe To Introduce A New Zimbabwe Currency To Be Backed By A Gold

     0
    BY EDITOR ON MARCH 6, 2016AFRICA NEWS
     Post Views: 540

    President Robert Mugabe’s administration, is reportedly sittings on wads of a new Zimbabwe currency to be backed by a gold standard, which can be issued at a moment’s notice as a home grown panacea to manage a dwindling economy, The Telescope News, has been told.ommunityvoiceradio.com/robert-mugabe-to-introduce-a-new-zimbabwe-currency-to-be-backed-by-a-gold/

    They definately are talking about it alot and these Bond Notes are to be released in this coming October . They are even receiving advice from American business to do some form of gold backing.http://www.theafricareport.com/Southern-Africa/zimbabwe-introduce-gold-backed-currency-says-us-investor.html

    I myself went ahead and purchased some . I figure if nothing happens to the zim yet the Dinar is Super Abundantly Prosperous . Who cares ? But these past gold backing articles plus China's deep investments make it awfully compelling . Hope this helps some Gixxer .

    Thanks, might pick some up this weekend....gonna look into this more before I buy some though.

    • Upvote 2

  21. Iranian Rial

    in Foreign Currencies

    Posted

    4 hours ago, climber7 said:

     

    A little off topic, but just what IS a 'gixxer-frog' haha

    Well as long time ago when I use to play a Playstation game called Socom, a buddy of mine made a clan name to play online and we were all frogs....he was PhatFrog and I ride a gsxr (Suzuki motorcycle) aka gixxer.... so I came up with the username of gixxerfrog. 

    • Upvote 3

  22. Iranian Rial

    in Foreign Currencies

    Posted

    The India rupiah is 13,130 to 1 ..... the rial is 32,xxx to 1 I dont think that's too far off to not post it, but who knows maybe. I would think no matter what the rate is it should be posted. You don't go into a store and see something without a tag because it's a lot of money to buy. I'm curious if it just recently went blank or how long it's been blank ? 

  24. Iranian Rial

    in Foreign Currencies

    Posted

    4 hours ago, screwball said:

    Thanks very much PP..... I think it's important for everyone to have ID ready and all recipes...same as dinar

    Why receipts ? I don't have any and don't see a reason to have them. When I go to Canada and exchange my USD into Canada money they don't ask for a receipt..... and when I come back they don't ask either.  All they (the bank) is going to do is run them thru the De La Rue machine and ur go.

     

    The HSBC does sound like a good route....seems like we have some good options, might want to start looking now so when this thing pops we have a plan (maybe a backup plan as well).

    • Upvote 1

  25. Iranian Rial

    in Foreign Currencies

    Posted

    i think we should be ok because i believe SOME sanctions are removed, they just aren't fully removed (i could be wrong?!) but either way, i am curious if it would effect us in anyway even if there was sanctions were in place (fully). I think the sanctions being in place is that the US wont do any trading with Iran, as for you and I owning and exchanging Iran Rials to USD or visa versa i dont think that would matter ?!?! (again i could be wrong) what would happen if we went to Iran to visit etc. and had to change our currency to Rials.... so we cant change them back?  If not i might be paying a canadian to cash in for me (Rials to Euros)... lol

    • Upvote 3
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