Rate speculation

[George Hayduke]

ok..so all this being said....who will cash in at rate it first comes out at?

 

rephrase...who will cash out in the first week?

 

first month....or will you wait until it hits a certain "dollar"amount?

 

(assuming there is no time limit on cash out/exchange)

I am going to peel off one crisp, never before circulated 25,000.00 dinar note and cash it in for walking money - make that 'riding money' as in a new Harley.

Then I'll wait to see which way the wind blows. 

[sxsess]

My idea of it ( anyway I indicated between 0.01-0.10c) would depend if we'd consider it LOP or no LOP.

 

So I said  0.01-0.10 considering a no LOP scenario.. Instead in a LOP scenario I'd indicate $1 probably...

+1 I agree

[SnowGlobe7]

I am going to peel off one crisp, never before circulated 25,000.00 dinar note and cash it in for walking money - make that 'riding money' as in a new Harley.

Then I'll wait to see which way the wind blows. 

 

I like the way you think!!!

 

I want a ride!!!

[dinar_millions]

I think a return to 3.22 prewar value is most likely with the high probability of a rate 20% higher that Kuwaiti or Saudi Arabia...Worlds strongest currency..

[SnowGlobe7]

right out of the gates?

[DragonChylde]

I am going to peel off one crisp, never before circulated 25,000.00 dinar note and cash it in for walking money - make that 'riding money' as in a new Harley.

Then I'll wait to see which way the wind blows. 

 

 A man after my own heart! Harley! harley! Harley!

 

LOL .. seriously though a Harley is on my want list, it isn't in the top 3. I want to make sure that my family won't have to worry anymore about pennies to pay bills first.

[dinar_millions]

right out of the gates?

Yes,right out gate..

[SnowGlobe7]

I hope so...what in your mind is the time table look like?

[dinar_millions]

I hope so...what in your mind is the time table look like?

With WTO Ascension immenant and the IMF sign off on the reserves required for RV/RI.I believe it's immenant ..

[eburt]

I think it will be .10 - ,86 cents to start and once they have majority Dinars then the rate will increase.  I will be happy either way - Just RV the currency

[Lutie]

I said 3+ because I don't think Iraq will want to rv at anything less then what the dinar was before the war.

[ezrapound]

I say a dollar or slightly higher, then in time on up to the 3+ rate. 1 dollar, and I am done and will never look back.

[umbertino]

I think a return to 3.22 prewar value is most likely with the high probability of a rate 20% higher that Kuwaiti or Saudi Arabia...Worlds strongest currency..

One Kuwaiti Dinar is $3.5581.

 

One Saudi Arabian Ryal is $0.2666....

[GameChanger]

I don't care what the rate is... I'm cashing out at $22/Dinar.  I'm gonna be RICH... so says the GOOROO's. LMFAO

[Zebra0101]

fairy tale rate for me...

[tamiflyer]

Between 0.12 and 1.20

[DWitte]

I'm going for $42.00 (no typo) forty two dollars and no cents.  And YES I said it.  Why?  Because Okie said so.  Therefore it is.  Done.  The end.

[AmericaInc]

I chose the over $3 rate because of 1) the old $3.22 (RI) historical base, 2) they need and can sustain the rate with up to 4 times the 'hard assets' above Kuwait's reserves, 3) the dinar of Iraq would be a strong "reserve" currency to be kept in other countries Central Banks and NOT returned unless used to purchase newly produced hard assets (like gold) from them, 4) the majority of Iraqui citicens are not literate and a $3 or $3.50 or even a $4  could be easily understood and workable, 5) much of the dinar value will be 'invested' back into Iraq because of the profit potentials of numerous possibilities and lastly  6) many of us "dinarians" will hold back a percentage (ten-fifteen-twenty?) of what we have because of our realistic belief...it will get even stronger in the future  GO RV!

So you are expecting $9 MILLION dollars from your currency if let's say you have 3 million dinar.

That's...hopeful

 

 

Me I would expect at the high end at  .86 off the rate that's 860,000 per million - that would be VERY optimistic

more likely it will be .10 or lopping two zeros 

[George Hayduke]

I like the way you think!!!

 

I want a ride!!!

You got it - put your hair in a ponytail, hang on, we're heading' to Trona for the salt flat races...

 

[applecrisp]

I picked .50 to 1.00 because it is a rate that makes my realistic side and my very hopeful side happy and feeling as though this was a good investment.

[Pablo404]

Americal nc

 

At $.86 per dinar there would be no real incentive to stop and exchange the US dollars for dinars. And no, even if I had 3 million dinar and the exchange was at $3, by the time one gets thru the exchange procedures fees etc. and set asides for taxes, one could hope for a net in the 51-54% range on gross or about 1900 times original purchase costs. If you can get access to the 'valuation formulas" for several other countries currency, you would see that the 'dinar' may be great though there are several better. Enjoy the hunt.

[sportfisher]

I am hoping for between 1 and 25 cents 

at 10 cents I'm debt free, at 25 cents I have a new fishin' boat too 

Edited May 10, 2014 by sportfisher

[ronscarpa]

My Value was the $3+ range   

 

Worst case scenario it will have to be slightly over $1, but to meet infrastructure & developmental requirements it will have to be over $3.148...!  Back in 2009 - 2010 the IMF wanted them to come out at a rate of $1.25 up to the Euro rate.  For a while it was strongly considered that the rate would be close to the Bahrain Dinar of $2.65 ... and that wouild place them in the middle of the range of most GCC countries.  

 

As has been noted, they would like to have the highest valued currency as a matter of pride and their tribal mentality; however, I believe an agreement was made with Kuwait not to exceed the KUD - at least initially...!  Then we have the Future of Iraq Project stating the desire is to eventually restore the IQD to the pre-Saddam rate of $3.33 (The Golden Dinar).  We can also consider the original $3.22 rate and then the talk of taking this rate and increasing it about 20% for years of inflation & appreciation ($3.86).  Once again, I believe an agreement was made with Kuwait as part of the settlement to get out of Chapter 7, so it will be within pennies of Kuwait's Dinar rate. 

 

We shall soon see IMHO...!   

[kjwayne]

Other than the sanction years , the Iraqi dinar has NEVER been under $2.80, PERIOD! In their history it has not been under $2.80! I'll take $.86 to start out and then move up but they didn't ask me.  

[calkid11]

Thank you