Popular Post RVWITHME Posted July 2, 2013 Popular Post Report Share Posted July 2, 2013 OK all, the News Story below contains a Solid indicator of the REAL RV Rate we should be expecting.Currently, $1 USD / 1166 IQD = .000857632933 IQD per 1 USDThey are saying that the "constant value" should be 118,000%...Therefore, .000857632933 IQD X 118,000% = $1.01200686094 USD So there you have it, the new "expected" rate for the RV at about a buck.Maybe we will get more, but this seems to be the actual calculation that they will be using to do this RV (IMHO)..Story below is from Newshound: Iraqi markets see demand for USD fall, Dinar Up; IQD expected to reach high value comparable to USD in the future02/07/2013 (00:01 pm)Timid rise in the value of the dinar was accompanied by a decrease in demand for the dollarExperiencing the local market at the present time high shy of the Iraqi dinar against the dollar amid expectations of a number of companies and shops owners banking increase in the value of the Iraqi dinar in the coming period because of the touched lack of demand for the dollar and keep the citizen because of belonging to the local currency.Says the director of Al Anwar banking and financial transfer in the Harthiya Mohammed owner that “demand for the U.S. dollar fell to a remarkable”, noting that the citizens preferred to keep the local currency reverse of what it was in the past.He adds in his speech to the extent that “the decision to remove Iraq from Chapter VII of the impact on our business since the first day price of the dollar fell dramatically.For his part, saw Muhammad retribution SAB replace banking in the Mansour district to the extent that “the increase in the value of the Iraqi dinar natural, so why is owned by Iraq of hard currency abroad, noting that it funds the sale of oil received by Iraq in U.S. dollars, and the abundance of this currency increases the drop height of the dinar.And retribution expressed happiness increase the value of the Iraqi dinar, albeit a slight rise somewhat, but it is expected to reach a value to higher limits comparable to the U.S. dollar in the future.And retribution student based on the economic side of the country, including the central bank to prepare for any sudden movement in the high or low value of the dinar on the grounds that the decision is still new and can not be known to the dollar fixed price at the present time.Within likely Fadel Mayali, an Iraqi trader to rise more the value of the Iraqi dinar after the maximum speed which rose due to remove Iraq from Chapter VII, stressing that the Iraqi trade depends mainly on the dollar may not get upset at the outer level.Mayali said to the extent that “the constant value of the Iraqi dinar previously is 118,000 dinars for $ category percentAnd that the rise in previous periods was a result of the political conditions expected to return to that value. Mayali stressed the need for the government bodies are ready for market movements and exchange rates against the dinar. 18 Link to comment Share on other sites More sharing options...
The Machine Posted July 2, 2013 Report Share Posted July 2, 2013 And retribution expressed happiness increase the value of the Iraqi dinar, albeit a slight rise somewhat, but it is expected to reach a value to higher limits comparable to the U.S. dollar in the future. Sounds good buddy ..... the part in red is the bit i'm worried about .... when they say "soon" we know from experience that means anytime in the next 10 years ...... how far away is "in the future" 6 Link to comment Share on other sites More sharing options...
Shabibilicious Posted July 2, 2013 Report Share Posted July 2, 2013 This sounds great.......but I am going to err on the side of caution and say this sounds closer to Bull......than a buck. GO RV, then BV 4 2 Link to comment Share on other sites More sharing options...
Gamble101 Posted July 2, 2013 Report Share Posted July 2, 2013 I will be very happy with $1.00 4 Link to comment Share on other sites More sharing options...
txwWrestling Posted July 2, 2013 Report Share Posted July 2, 2013 If it's a buck....C YA!!! GO RV!! 6 Link to comment Share on other sites More sharing options...
Patty B Posted July 2, 2013 Report Share Posted July 2, 2013 At this point, I will be very happy with a nickel! This needs to end, SOON! 7 Link to comment Share on other sites More sharing options...
one2one Posted July 2, 2013 Report Share Posted July 2, 2013 .10 cents would mean retire right now for me 3 Link to comment Share on other sites More sharing options...
Ckrae13 Posted July 2, 2013 Report Share Posted July 2, 2013 So we are seeing a lot people say a lot different rates from .0009 to 3.23, but in reality nothing is changing. But I will be happy with any rate at this point. 2 Link to comment Share on other sites More sharing options...
NWGUY Posted July 2, 2013 Report Share Posted July 2, 2013 I would be jumping for joy @ $1.01!!! Do it!! Do it now!!! Go RV or RI Soon!!! 1 Link to comment Share on other sites More sharing options...
JMULS31 Posted July 2, 2013 Report Share Posted July 2, 2013 Im not trying to be negaitive but I have a strong feeling that we will be waiting passed Ramadan 7 2 Link to comment Share on other sites More sharing options...
NWGUY Posted July 2, 2013 Report Share Posted July 2, 2013 All that calculations, is way too much for me. I think the Iraqi's could simplify, the equation. Something like this.....1166=1.166. See, just put the decimal point in there, and forget about all these equations! Go RV or RI Soon!!! 8 Link to comment Share on other sites More sharing options...
The Machine Posted July 2, 2013 Report Share Posted July 2, 2013 All that calculations, is way too much for me. I think the Iraqi's could simplify, the equation. Something like this.....1166=1.166. See, just put the decimal point in there, and forget about all these equations! Go RV or RI Soon!!! I'd be ecstatic with that rate ..... $1.16 would be £0.76 for me I'd have a cheesy grin on my face for at least 6 months lol 2 Link to comment Share on other sites More sharing options...
ibewdallas Posted July 2, 2013 Report Share Posted July 2, 2013 been waiting a long TIME, so if it is after Ramadan....so be it (AMEN) 2 1 Link to comment Share on other sites More sharing options...
bamagirl Posted July 2, 2013 Report Share Posted July 2, 2013 At this point, I will be very happy with a nickel! This needs to end, SOON! You mean the definition of our SOON not Iraq's right?? Lol.... thanks for posting RVWITHME, exciting times!!! 2 Link to comment Share on other sites More sharing options...
RVWITHME Posted July 2, 2013 Author Report Share Posted July 2, 2013 With all of the talk out of Iraq on the removal of the 3 (000's), that would put us at about $0.86USD. Over and over we have heard that the IQD value was going to equal the USD. In my previous thread (IQD exchange rate soars against USD) I even speculated that we might be looking at a float, which I still believe. Timing? Who the heck knows when the so-called 1:1 would happen, as I didn't call a date for this, just my opinion on an (eventual) rate. If I were running the CBI, I wouldn't be in any hurry to just give away the (IQD) farm. I'd be smart about it and start out at 2 or 3 cents to drag in all of the Dinar I could and then let it free float to finally get all of it back from the "hold-outs" as rate valuations went up. All of the $5+ guru speculation doesn't make much sense, so anything over a quarter is gravy as far as I'm concerned, but how wrong I would love to be if it actually does go back to pre-invasion rates (or higher). GOOOOO RV! 6 Link to comment Share on other sites More sharing options...
Psych Posted July 2, 2013 Report Share Posted July 2, 2013 Anyone else wish there was a clearer translation? 1 Link to comment Share on other sites More sharing options...
Ineedthecash Posted July 2, 2013 Report Share Posted July 2, 2013 All that calculations, is way too much for me. I think the Iraqi's could simplify, the equation. Something like this.....1166=1.166. See, just put the decimal point in there, and forget about all these equations! Go RV or RI Soon!!! I like your thought process!!!! 1 Link to comment Share on other sites More sharing options...
HOPEFULONE Posted July 2, 2013 Report Share Posted July 2, 2013 I've been involved in this investment for about 2 years. For what it's worth, I've always believed it would start out at $1.00 just because it would be less a shock to their citizens. Since I understand most everything in Iraq is priced by both dinar and dollars on the street, everything that cost $1 now would cost 1 dinar at the RV. There wouldn't be the chaos of trying to convert pricing on thousands of products and services. Like a lot of people here, I would love for it to be higher but I'll take $1 and run. 3 Link to comment Share on other sites More sharing options...
rockfl9 Posted July 2, 2013 Report Share Posted July 2, 2013 All that calculations, is way too much for me. I think the Iraqi's could simplify, the equation. Something like this.....1166=1.166. See, just put the decimal point in there, and forget about all these equations! Go RV or RI Soon!!! BUT at 1166 : 1.166 would only be a 16% increase . Most likely not cover all your trading costs.. 1 1 Link to comment Share on other sites More sharing options...
tkeaton Posted July 2, 2013 Report Share Posted July 2, 2013 For a buck I'll skip all the way to the bank, and it's been a while since I skipped anywhere 5 Link to comment Share on other sites More sharing options...
MillieChatham Posted July 2, 2013 Report Share Posted July 2, 2013 Woooo. Let it be real. Suspense is ...... Raising blood pressure! 1 Link to comment Share on other sites More sharing options...
rockfl9 Posted July 2, 2013 Report Share Posted July 2, 2013 Anyone else wish there was a clearer translation? It is GUROO speak . Not translatable by mere mortals. 2 Link to comment Share on other sites More sharing options...
R2D2 Posted July 2, 2013 Report Share Posted July 2, 2013 I would be pleased with the 1 to 1 even considering the USD is in a very watered down state now due to the printing press's running 24/7. 1 Link to comment Share on other sites More sharing options...
sandstorm Posted July 2, 2013 Report Share Posted July 2, 2013 (edited) So we are seeing a lot people say a lot different rates from .0009 to 3.23, but in reality nothing is changing. But I will be happy with any rate at this point.all guessing and best possible outcome..put out by those who sell and continue to market the dinar. do you think a guru will say it wont rv? You would be more accurate asking your grocery store bagger, to pick a number from one to ten.Oh....and if theres a rate going to be rv'd, you wont be reading it in some article, days, weeks, or months before a rv. If anyone, anyone had a guarantee of even a moderate rv.......preannouncing it......will destroy any benefit it couldve supplied Edited July 2, 2013 by sandstorm 1 Link to comment Share on other sites More sharing options...
dinarmite Posted July 2, 2013 Report Share Posted July 2, 2013 I would be pleased with the 1 to 1 even considering the USD is in a very watered down state now due to the printing press's running 24/7. What I owe isn't watered down so if a dollar is the rate, I'm out of debt and worry free. 3 Link to comment Share on other sites More sharing options...
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