chuksan Posted March 28, 2010 Report Share Posted March 28, 2010 Lanispaul, just check ot Kuwait, & Saudi theirs is to the dollar not Dinar or Rial Link to comment Share on other sites More sharing options...
CaptainConrad Posted March 28, 2010 Report Share Posted March 28, 2010 Glad this is the rumor board or I may have thought ti was true... Link to comment Share on other sites More sharing options...
mrref Posted March 28, 2010 Report Share Posted March 28, 2010 Hey guys lets don't get up set over this post, Bottom line know one knows the rate. You think some vendor is going to know the rate? Come on give me a break............... Link to comment Share on other sites More sharing options...
von3223 Posted March 28, 2010 Report Share Posted March 28, 2010 I'd be happy with an RV of .23..... but I'd be ecstatic about an RV over $2 USD+!!!!!! Keep on praying all my fellow believers. It's in God's hands! Link to comment Share on other sites More sharing options...
ArtistsandWriters Posted March 28, 2010 Report Share Posted March 28, 2010 Retep2010:Well, a revaluation of $0.23 and in light of the dinar's estimable value relative to the clear majority of the Gulf currencies is certainly plausible; however, I really don't know how much stock and trade that I would give to any Intel from, virtually, the proprietor of the Lucky Star Bazaar in Baghdad.Sometimes, reliable information comes from the most unlikely sources. Let's all hope that when this new administration finally settles in that they give an ultimatum to the UN to either repeal the idiotic Chapter VII sanctions or Iraq will simply throw them off and ignore them. Link to comment Share on other sites More sharing options...
CaptainConrad Posted March 28, 2010 Report Share Posted March 28, 2010 How many opportunities have you folks personally witnessed where you can invest one thousand and turn it into 3 million ? Can you give us some examples ?Even during the bubble stocks trading of the internet stocks this did not happen. I don't know what scientific basis you get your information and create expectations of wild delusion, but take what you can get. Why would you even consider three plus dollars ? where do you get this information ? Link to comment Share on other sites More sharing options...
ClownSauce Posted March 28, 2010 Report Share Posted March 28, 2010 BULL, it will be ten times that................. if it comes in LESS than $2 I'll eat my keyboard.... I can't say anything else...........One thing I've often wondered, and maybe you guys could shed some light on this, but in looking at other currencies over there, I was surprised that the Saudi Rial was .27 to the dollar. Why is it so low? They are a huge oil supplier as well...any input would be great Link to comment Share on other sites More sharing options...
gr8cooker142 Posted March 28, 2010 Report Share Posted March 28, 2010 BULL, it will be ten times that................. if it comes in LESS than $2 I'll eat my keyboard.... I can't say anything else...........Hope your hungry!! Link to comment Share on other sites More sharing options...
wess144 Posted March 28, 2010 Report Share Posted March 28, 2010 I agree mrref, if a vendor had that kind of Intel they would Lop hishead off. Link to comment Share on other sites More sharing options...
range Posted March 28, 2010 Report Share Posted March 28, 2010 I will gladly take .23. But some vendor knows the rate. Please Link to comment Share on other sites More sharing options...
racbluto Posted March 28, 2010 Report Share Posted March 28, 2010 23 cents sounds reasonable.. but remember thats just what it could open on the world market at. And I believe it will sky rocket once that happens. Don't really care what it opens at just that it opens. Will be wild ride once that happens so hold on!!!! Link to comment Share on other sites More sharing options...
Teresa82 Posted March 28, 2010 Report Share Posted March 28, 2010 OH Hold on a sec, I'm trying to find my salt for RDG!!!!!! HEHEHEHEHE just kidding! I hope he's right. Link to comment Share on other sites More sharing options...
emgee Posted March 28, 2010 Report Share Posted March 28, 2010 I was surprised that the Saudi Rial was .27 to the dollar. Why is it so low?The conversion rate is 1 Rial = .27 USD, or 1 USD = 3.7 Rial. Link to comment Share on other sites More sharing options...
traverse Posted March 28, 2010 Report Share Posted March 28, 2010 That makes no sense....... way to cheap! Link to comment Share on other sites More sharing options...
Frosty Posted March 28, 2010 Report Share Posted March 28, 2010 Teresa82 What does your dog have to say about all this stuff. Link to comment Share on other sites More sharing options...
nventr Posted March 28, 2010 Report Share Posted March 28, 2010 Well, if you did yoiur math corrrectly that is figuring what was stated as 1 IQD = .23 USD. This would actually be approx $4.18 USD to 1 IQD. Right now Kuwait is at .289 USD. Take your 1.00 USD and divide it by 4.18 and see what you come up with.Sorry, that is simply wishful thinking or really bad math. If 1 IQD= 0.23 USD then, dividing both sides of the = sign by 0.23 yields 4.18 IQD = 1 USD. Link to comment Share on other sites More sharing options...
Mongo Posted March 28, 2010 Report Share Posted March 28, 2010 Sorry, that is simply wishful thinking or really bad math. If 1 IQD= 0.23 USD then, dividing both sides of the = sign by 0.23 yields 4.18 IQD = 1 USD.Well .86= $1.166 One us dollar will buy 86% of a dinar then$ 1.166 will buy 1 dinar. the lower you go on rate say .86 down to .23 the more dollars you can buy with dinars. Link to comment Share on other sites More sharing options...
CaptainJack Posted March 28, 2010 Report Share Posted March 28, 2010 It won't skyrocket till they start getting oil out of the ground, get their infrastructure and political situations organized and stable and get out of the UN's doghouse, which could take years. Link to comment Share on other sites More sharing options...
Jac Posted March 28, 2010 Report Share Posted March 28, 2010 I would even venture to say 3+, but that is just my opinion.But...A very good opinion in my view. Link to comment Share on other sites More sharing options...
jmw Posted March 28, 2010 Report Share Posted March 28, 2010 Why would speculators buy up all the dinar if it RV's at .23?....wouldn't they be doing it now at .00086. That argument doesn't make sense. I think .23 is actually a great rate and does put them in line with SA which makes a lot more sense than anything higher. Link to comment Share on other sites More sharing options...
kirk motorsports Posted March 28, 2010 Report Share Posted March 28, 2010 .23 would make me plenty happy ! Link to comment Share on other sites More sharing options...
critter5869 Posted March 29, 2010 Report Share Posted March 29, 2010 If its under the 2$ i would love to see rdg1957 eat his keyboard i have invested my own money in dinar but i think over 2$ is a little more than possible!Keyboards can hold a lot of nutional value you know ! Link to comment Share on other sites More sharing options...
Earnest T Bass Posted March 29, 2010 Report Share Posted March 29, 2010 This is not even rumor. Try fairytale. Give me a break plz. Link to comment Share on other sites More sharing options...
racbluto Posted March 29, 2010 Report Share Posted March 29, 2010 My reply to capt jack....I am in Iraq now and have been here for 4 1/2 years they are doing all of those things now all be it a bit slow at times. While this is just my opinion from what I see, I see good progress. We will see how it all plays out..... Link to comment Share on other sites More sharing options...
brencorp Posted March 29, 2010 Report Share Posted March 29, 2010 I don,t know about the .23 cents not that it is sounds far fetch. But the problem with that would be all these Forex penny traders would have a field day and woul drive the value down. If it does RV i would think from around $1.00-$1.15 Link to comment Share on other sites More sharing options...
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