Ivanhoe71 Posted February 7, 2012 Report Share Posted February 7, 2012 Hello all, I try not to post in order to absorb what you all have to say. However, among my tools I get daily updates on currencies from XE Updates. They list all major currencies and in the top 85 they list the IQD. In the past the IQD has been hovering around 1166 with a bunch of decimals behind it. Well in today's update it is up to a solid 1164, a positive tick, but why so insignificant? Are they trying to flush people out? Or does this minor up tick represent something else? IQD Iraq Dinars TODAY - USD 0.0008591065 IQD 1,164.0000000000 Feb 3 - USD 0.0008583691 IQD 1,164.9999999993 Jan 31- USD 0.0008580009 IQD 1,165.5000000000 Thanks Link to comment Share on other sites More sharing options...
one2one Posted February 7, 2012 Report Share Posted February 7, 2012 it was 1170 for 3 years : made small move in our favor a few weeks ago--1166 : been in this investment for 16 months---not really high hopes for a huge change soon : maybe someday Link to comment Share on other sites More sharing options...
Alex38 Posted February 7, 2012 Report Share Posted February 7, 2012 I believe those are the buy/sell rates. 1166 and 1164.... Link to comment Share on other sites More sharing options...
Ivanhoe71 Posted February 7, 2012 Author Report Share Posted February 7, 2012 So does the market automatically adjust for trades or are these miniscule ticks made to encourage buying / selling on larger scales than what we currently hold? Link to comment Share on other sites More sharing options...
one2one Posted February 7, 2012 Report Share Posted February 7, 2012 So does the market automatically adjust for trades or are these miniscule ticks made to encourage buying / selling on larger scales than what we currently hold? the change was made by the C.B.I. [ central bank of iraq ] Link to comment Share on other sites More sharing options...
gatoraces Posted February 7, 2012 Report Share Posted February 7, 2012 slowly is an understatement Link to comment Share on other sites More sharing options...
Ivanhoe71 Posted February 7, 2012 Author Report Share Posted February 7, 2012 And I'm curious why not put it against $1 USD, instead of that fraction of a dollar? Link to comment Share on other sites More sharing options...
one2one Posted February 7, 2012 Report Share Posted February 7, 2012 And I'm curious why not put it against $1 USD, instead of that fraction of a dollar? because the time is not here yet--shabibi wants 1-1----usd to iqd Link to comment Share on other sites More sharing options...
Danneedsrvnow Posted February 7, 2012 Report Share Posted February 7, 2012 And I'm curious why not put it against $1 USD, instead of that fraction of a dollar? The only true movement we have seen is through CBI.....from 1170 to what it is at now, 1166 Anything other than CBI needs to be dismissed because the dinar is not being traded on Forex. Any movement on you see from currency converters, etc....is due to the fluctuation of the USD. Link to comment Share on other sites More sharing options...
Cherysh Posted February 7, 2012 Report Share Posted February 7, 2012 it was 1170 for 3 years : made small move in our favor a few weeks ago--1166 : been in this investment for 16 months---not really high hopes for a huge change soon : maybe someday Try since 2005.....we knew this would be a long haul...and it has been. I have faith! Link to comment Share on other sites More sharing options...
Shick Posted February 7, 2012 Report Share Posted February 7, 2012 And still we wait! Let's let time heal this wound. Peace Out! Link to comment Share on other sites More sharing options...
keepmwlknfny Posted February 7, 2012 Report Share Posted February 7, 2012 Hello all, I try not to post in order to absorb what you all have to say. However, among my tools I get daily updates on currencies from XE Updates. They list all major currencies and in the top 85 they list the IQD. In the past the IQD has been hovering around 1166 with a bunch of decimals behind it. Well in today's update it is up to a solid 1164, a positive tick, but why so insignificant? Are they trying to flush people out? Or does this minor up tick represent something else? IQD Iraq Dinars TODAY - USD 0.0008591065 IQD 1,164.0000000000 Feb 3 - USD 0.0008583691 IQD 1,164.9999999993 Jan 31- USD 0.0008580009 IQD 1,165.5000000000 Thanks The only rate you should concern yourself with is the one from the CBI site....all these other currencies sites will show fluctuations against the USD..... Link to comment Share on other sites More sharing options...
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