wess144 Posted March 31, 2010 Report Share Posted March 31, 2010 Iraq it is time to RV and help take your people out of allthe BS that they have had to go through!!! Link to comment Share on other sites More sharing options...
Nate Posted March 31, 2010 Report Share Posted March 31, 2010 I've only been in the dinar world since December but already I find myself not reading things that are more than a few sentences. I use to read these things till 2:00am, I couldn't get enough. Now I have the attention span of a 5 year old, need other people to break things down for me, pictures and stick figures would help Good find Link to comment Share on other sites More sharing options...
Kent Posted March 31, 2010 Report Share Posted March 31, 2010 I've only been in the dinar world since December but already I find myself not reading things that are more than a few sentences. I use to read these things till 2:00am, I couldn't get enough. Now I have the attention span of a 5 year old, need other people to break things down for me, pictures and stick figures would help Good findMongo is my favorite too! Link to comment Share on other sites More sharing options...
krucialmix Posted March 31, 2010 Report Share Posted March 31, 2010 I would be grateful if someone would post the rate. When I try to access the page it is not available.AKA "i don't want to read that much info"... lol Link to comment Share on other sites More sharing options...
jocko129 Posted March 31, 2010 Report Share Posted March 31, 2010 thanks for the post ron !!! Link to comment Share on other sites More sharing options...
Ineeddinar Posted March 31, 2010 Report Share Posted March 31, 2010 I've only been in the dinar world since December but already I find myself not reading things that are more than a few sentences. I use to read these things till 2:00am, I couldn't get enough. Now I have the attention span of a 5 year old, need other people to break things down for me, pictures and stick figures would help Good findNow thats funny...I totally agree!!!!...lol Link to comment Share on other sites More sharing options...
sureenough Posted March 31, 2010 Report Share Posted March 31, 2010 NATE: Me too Link to comment Share on other sites More sharing options...
tampa1000 Posted April 1, 2010 Report Share Posted April 1, 2010 This is not a joke, can anyone explain this?http://www.forexpros.com/currencies/usd-iqd-converterCalculating..1 USD = 59236.00 IQD 1 USD = 59236.00 IQD 1 IQD = 0.00 USD Link to comment Share on other sites More sharing options...
Sekhmet Posted April 1, 2010 Report Share Posted April 1, 2010 $1.13 per dinar. Link to comment Share on other sites More sharing options...
ronscarpa Posted April 1, 2010 Author Report Share Posted April 1, 2010 This is not a joke, can anyone explain this?http://www.forexpros.com/currencies/usd-iqd-converterCalculating..1 USD = 59236.00 IQD 1 USD = 59236.00 IQD 1 IQD = 0.00 USDSomehow, I think this is someone playing a joke for April Fools Day. JMOThe Euro to IQD is 1 Euro = 1574 IQD, the same rate as before.RON Link to comment Share on other sites More sharing options...
Florida123 Posted April 1, 2010 Report Share Posted April 1, 2010 Thanks for the post!! Link to comment Share on other sites More sharing options...
ronscarpa Posted April 1, 2010 Author Report Share Posted April 1, 2010 This is not a joke, can anyone explain this?http://www.forexpros.com/currencies/usd-iqd-converterCalculating..1 USD = 59236.00 IQD 1 USD = 59236.00 IQD 1 IQD = 0.00 USDSomething interesting...!!!If you divide the 59,236 by 25,000 (large note) you will get 2.36944and I had posted that I thought the IQD might RV at 2.47 to 2.65 - Who knows...!Did someone goof???RON Link to comment Share on other sites More sharing options...
DinarLSU Posted April 1, 2010 Report Share Posted April 1, 2010 1.134 usd to 1 dinar is what it is saying,, God Bless all ,, Go Rv Link to comment Share on other sites More sharing options...
inmemoryofrob Posted April 1, 2010 Report Share Posted April 1, 2010 Something interesting...!!!If you divide the 59,236 by 25,000 (large note) you will get 2.36944and I had posted that I thought the IQD might RV at 2.47 to 2.65 - Who knows...!Did someone goof???RON Not quite...1000000 dinars, at that rate would equal $16.88 USD. Let's hope its a glitch! Link to comment Share on other sites More sharing options...
scottiraq04 Posted April 1, 2010 Report Share Posted April 1, 2010 So was your post. Thanks as always Scott. I guess this answers my PM to you on this subject. You're the man!KentKent...sorry for the delayed response; I've been a little busy at work lately. I just noticed your PM late last night (Baghdad time), but it wouldn't let me responed to it...strange. Thanks for your post here...that goes for ronscarpa as well. I do have a little tidbit to add though. As you have already noticed, this MOP site has some newly added information in it. At the very least it got a "face lift". When I first saw this site back in November 2009 it did not have the same layout that it does now. Nor did it mention anything about using a "lower rate" instead of the "official rate". I wish I could prove that with a printout and scan...but I don't have it. I'm running completely off of memory because I remember reading this site in depth. My only conclusion is that information has been added either because it was accidentally left out of the original, or, they are updating periodically. The latter would make perfect since to me if it weren't for the fact that the "official rate" noted on the site has never changed and that it still refers to Saddam's set exchange rate. Not to mention the preceeding website still shows the last update as being 1990. You would think that as they update this information that they would at least update the "revision date"...but hey...we are talking about Iraq here...lol! Link to comment Share on other sites More sharing options...
Jac Posted April 1, 2010 Report Share Posted April 1, 2010 Hi Everyone,Here's a critical link (I haven't seen it before) that will give you an idea of where the Iraqi Dinar will revalue (RV) at - it's from the Iraqi Ministry of Finance & Planning, and was completed in 2008. With current circumstances and economic pressures it should be higher than the low rate identified in the report:http://www.mop-iraq.org/mopdc/index.jsp?sid=1&id=308&pid=295&lng=en Paste it in your browser...!God bless you,RON Ron, the MOP report should be posted monthly. I know it has been mentioned over and over and the link has been on before but seems people forget it or miss it. At any rate it would certainly help new members. Link to comment Share on other sites More sharing options...
scottiraq04 Posted April 1, 2010 Report Share Posted April 1, 2010 Ron, the MOP report should be posted monthly. I know it has been mentioned over and over and the link has been on before but seems people forget it or miss it. At any rate it would certainly help new members.That's not a bad idea...this will also allow older members to keep an eye on any changes. Thanks for bringing it up! Link to comment Share on other sites More sharing options...
ronscarpa Posted April 1, 2010 Author Report Share Posted April 1, 2010 Kent...sorry for the delayed response; I've been a little busy at work lately. I just noticed your PM late last night (Baghdad time), but it wouldn't let me responed to it...strange. Thanks for your post here...that goes for ronscarpa as well. I do have a little tidbit to add though. As you have already noticed, this MOP site has some newly added information in it. At the very least it got a "face lift". When I first saw this site back in November 2009 it did not have the same layout that it does now. Nor did it mention anything about using a "lower rate" instead of the "official rate". I wish I could prove that with a printout and scan...but I don't have it. I'm running completely off of memory because I remember reading this site in depth. My only conclusion is that information has been added either because it was accidentally left out of the original, or, they are updating periodically. The latter would make perfect since to me if it weren't for the fact that the "official rate" noted on the site has never changed and that it still refers to Saddam's set exchange rate. Not to mention the preceeding website still shows the last update as being 1990. You would think that as they update this information that they would at least update the "revision date"...but hey...we are talking about Iraq here...lol!Thank you ScottIraq04 - You're a blessing...!RON Link to comment Share on other sites More sharing options...
Jac Posted April 1, 2010 Report Share Posted April 1, 2010 Interesting tha the MOP Study was posted in 2008. And Ron I do remember the earlier versio as well. Would love to see the 2010 updated version myself. Link to comment Share on other sites More sharing options...
GT ACE Posted April 1, 2010 Report Share Posted April 1, 2010 I believe the RV at $1.134 is a reasonable starting point. Adam's CBI contact had said a while ago that they(perhaps the CBI) would offer a better rate if Adam/Dinarvets brings in a group of investors, they would offer a better or prefered rate for those that would invest with CBI. I think Adam's contact was talking T Bills in Iraq. In the middle east Arab society has operated on a barter system for centuries, we are talking here about another popular Arab business technique...Baksheesh! Pure and simple bribery, I will do something for you but what's in it for me.The fellows at the CBI will give us a preferential rate if we invest in treasury bills through them! It is a way to keep our money in their bank and in Iraq. It will be interesting to see what kind of "preferential" rate they offer and what kind of terms they set for length of the T Bill contracts.This little Baksheesh deal could be very attractive as Adam's contact did say to Adam that they(Dinarvets investors) should not take the "lower rate"! Link to comment Share on other sites More sharing options...
Jac Posted April 1, 2010 Report Share Posted April 1, 2010 I just sent a request for more current information to the contact link at MOP. Let us see if we are graced with a reply. Link to comment Share on other sites More sharing options...
Marketplace Leaders Posted April 1, 2010 Report Share Posted April 1, 2010 Needed to see that good timing for me Thank You!!! Now I just might consider getting some more!!!! Link to comment Share on other sites More sharing options...
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