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Ok, am I reading this correctly?


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I always look at the local newspaper in Iraq, web sight is:
http://www.almadapaper.net/ar/

At the bottom left of the page today, I saw this:

Iraqi dinar exchange rate for today, 4/15/2013:

$ 0.9
Euro: 0.7
British pound: 0.6
Lebanese pound: 1292.1
KD: 0.2
SR: 3.2
AED: 3.2
JD: 0.6

According to the conversion table, they have revalued, 1000:1

Is this correct? Or am I wrong?

 

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The more important, yet better question, is this something new (that has changed?)

If it was new, you think from a media perspective catering to that region, the information would have been more wide spread

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Hello all,

 

I am new to DV but have been enjoying posts and articles for some time.  I do not usually post on any of the forums but when I saw this I thought I should let you all know before anyone gets too excited that this has been on this site for quite some time....

 

1-18-13 Winalot: OMG!!!!! i think i just found something!!!!   Iraqi dinar exchange rate for the day Dollar: 0.9 Euro: 0.6 Pounds: 0.5 LBP: 1292.3 KD: 0.2 SR: 3.2 AED: 3.2 JD: 0.6 .  yesterday, same paper - 1166. That looks like an RV to me!!!!!! That would be the in country rate. They will get their bump from purchase POWER.  They will not see $3 on country. 

 

I don't know why it displays it like this but like I said it has for a while now.

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i translated the page too and see what you see too -

    أسعار العملات
    سوق بغداد للاوراق المالية

سعر صرف الدينار العراقي لهذا اليوم

    دولار: 0.9
    يورو: 0.7
    جنيه استرليني: 0.6
    ليرة لبناني: 1292.1
    دينار كويتي: 0.2
    ريال سعودي: 3.2
    درهم اماراتي: 3.2
    دينار اردني: 0.6
 

 

Currency rate
    Baghdad market for securities

Iraqi dinar exchange rate for the day

    Dollar: 0.9
    Euro: 0.7
    Pounds: 0.6
    LBP: 1292.1
    KD: 0.2
    SR: 3.2
    AED: 3.2
    JD: 0.6

Edited by supergirl
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In the conversion table I put 1000 iqd, not 1.

The LBP can spot on @ 1292.1

 

This is why I asked if I was reading it wrong..

I apologize and appreciate the correction.

 

Questions for you.

 

1. How often do you check this paper.

2. Have you ever seen the rates show incorrect and if so in what way?

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