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rvmydinar
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Posts posted by rvmydinar
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On 3/1/2023 at 3:48 AM, ronscarpa said:
MarkZ The overwhelming majority of my sources believe it will start in the next few hours,or within a day or two.
Within a nano second?
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7 hours ago, ronscarpa said:
Pimpy .it comes out to an exchange rate of approximately $1.61..
Hey pimple. How did you calculate and come up with $1.61?? Or is it just your wild guess? Or are you trying to make up the rate $1.61?
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On 2/23/2023 at 1:15 PM, Laid Back said:
Maybe they are going to peg the dinar to a basket of currencies.
🤷♀️ But
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16 hours ago, 6ly410 said:#وزارة_المالية in #كوردستان the exchange rate will be set at 1300 Iraqi dinars against #الدولار in all government institutions, as of March 14.
So , is 1,300 going to be a fixed rate , starting from March 14? So does that mean there won't be any rate change on the second and third packages , etc?? What about oil and gas laws? Will there be a rate change in the oil and gas laws , as what everybody expect it?
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1 hour ago, 6ly410 said:"In all the offices and institutions in the region, the price of 100 US DOLLARS will be 1,300 DINARS," he said.
Wow. Did I read this right again? Have anyone ever noticed this rate before? 100 USD=1,300 IQD , that means 1 USD=13 IQD. Therefore , 1 IQD=0.077 USD ( equals to 8 cents ). Does IQD really already revalue at 8 cents? Is it for real or another translation error again?? Or Is the cbi trying to test the water?
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2 hours ago, Luigi1 said:
The Gurus want us to believe Kuwait & Iraq are the same & the RI will be the same.
Kuwait & Iraq are different scenarios.
Kuwait Dinar was reinstated.
Kuwait had it's infrastructure fully intact after the war & recovered almost overnight.
Iraq had no infrastructure, they still struggle to supply electricity even 20 years after the war.
Iraq will more than likely have a partial RV along with a float.
At best, Iraq may get back to the pre-Sadam rate of $3.22 some day but not all at a once.
It's a process. IMHO.
Now , it depends on how many years the " Process " is going to take. For now , we just have to wait and see as we always do for almost 20 years.
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2 hours ago, hspotman said:
Remember, the KWD didn't only go to 3.26 or thereabouts. It flucuated really high too, I think on the black market?
That's even better. But , the question is Do you think Iraq dinar can straight RI like what the Kuwaiti dinar did?
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11 hours ago, hspotman said:
a client of mine discussed the money he made from the KWD rv or whatever you wanna call it. I think he told me he made millions...but he had to invest a lot of $$ to make those millions, because I think the KWD only devalued to what?, .07 cents or something like that?
So for example , let's say kuwaiti dinar RI at 3.26USD. And, the kuwaiti dinar RI from 7 cents to 3.26 USD , that means it is about 46 folds increase. Hmm , not bad. For example , Just Imagine , if Iraq dinar can RV by 46 folds , that means 0.00076 USD x 46 folds=0.035USD. It means IQD 1=3.5 cents. Hmm , that's only a small increments and that's not what the dinar investors want for sure.
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18 hours ago, ronscarpa said:
Frank26 FRANK now that we are walking into the 1st week of March you are about to see the new small category notes, new exchange rate
Hey frankie. Is " the first week of March " for real or just your wild guess?
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14 hours ago, ronscarpa said:
Sandy Ingram We want an increased value in the IQD against the US dollar...
Your point exactly.
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7 hours ago, ronscarpa said:
Frank26 FRANK: at the beginning of the month the CBI is going to show you your new exchange rate and your new currency.
Hey frankie. What month? What year? Where did you get the info " at the beginning of the month "? By the way , we have two same name " Frank and Frank26 " , just wonder , who is the real Frank? Is the real Frank a dancing oily man wearing a zorro mask at the strip joint?
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13 minutes ago, Dretown39 said:
I'll get excited once after I've exchanged and the money has been credited to my account!
Me too. The question is when? SOON?
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On 2/27/2023 at 10:08 PM, Luigi1 said:
Militiaman: We believe there’s going to be a different change coming…I hope you guys feel like I do. You should be excited…
We will definitely get excited IF I SAY IF we already see a rate change on the cbi site. For now , we aren't excited yet and just have to wait and see as we always do.
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10 minutes ago, keylime said:
Odd isn't good in regards to Iraq dinar until it's an EVEN 1 to 1 with US dollar!
Then people will say, "That's odd, Iraq dinar is an EVEN 1 to 1 with the US dollar!"
That's when odd will be a good thing in regards to Iraq dinar.
Thanks for your clarification keylime.
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59 minutes ago, southbeach said:
Think he has any IQD?
Hope he does.
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1 minute ago, keylime said:
Odd isn't good in regards to Iraq dinar until it's an EVEN 1 to 1 with US dollar!
👍
🙏
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14 hours ago, Half Crazy Runner said:
I think the official rate is 1350, so this is odd….
Does odd mean a good thing in regards to Iraq dinar?
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17 hours ago, Pitcher said:
Good thought keylime. We have heard that many times in the past 15 years. This would work too 😀
3.26? Who doesn't want? But can Iraq really RV above 3 bucks / a straight RV ( not an RD plus an RI as gurus ever said )?
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13 hours ago, screwball said:
yep but they all want money....
No wonder , stealing money become a hobby among iraqi politicians , specially malarky and his cronies.
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15 hours ago, Luigi1 said:
Corruption will never be eliminated.
Look at all the embedded corruption in the US.
Corruption is an established institution.
Corruption equals to a greed equals to easy money. No wonder , Malarky never stop stealing easy money.
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15 minutes ago, ronscarpa said:
Pimpy We saw a revalue when the Iraqi dinar went from 1190 dinars to 1450. That is an RV.
Hey pimpy. You got it wrong. When the dinar went from 1190 to 1450 , that is a devaluation ( not RV ). However , when the dinar went from 1,450 to 1,310 , that is an RV eventhough that' s only a small increment.
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3 minutes ago, BETTYBOOP said:
Every government in the world Is corrupt in some way. If they get it to a manageable level the rest of the world will let it go. But lungi is right... they can't go after Malaki ever..... that would need to be a world agreement
Agree. But hopefully Malarky doesn't a strong and special authority to dictate the Governor of the cbi what to do with the rate and the date when the dinar is going to RV.
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18 minutes ago, Danishere4news2 said:
Yes even starting at 10 cents would be wonderful
Yep. At least , It is still better than 1,310.
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1 hour ago, Pitcher said:
I always thought they would float and start at .10.
I don't mind starting with 10 cents either. Bring it on.
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Official: CBI News 01/09/2023
in Iraq & Dinar Related News
Posted
Yep. As we always do 🙏