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What's The Rate Going To Be?


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On a more serious note,

who remembers November of 2009?

 

Remember that little "glitch"?

 

Some thought that it was test run

that hit the Forex feeds by accident.

 

I think it was 1 IQD = $1.29 or $1.47...

.

I remember that!! We all went nuts there for a bit! lol

 

Bumper Wet His Motorcycle ! :o

 

  :D      :D      :D

 

 

Sorry Bump - I Had To Do It ! :bump:

 

    B)      B)

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$.00086 + or - 2% until CBI decides to redenominate to drop 3 zeros, then demonetized (worthless).   No RV planned by CBI at any time.

More than what we paid for them.

The rate? who knows but the notes we hold right now will be worthless.they WILL print new notes very soon.

  • 3 weeks later...

Shabbi has said, He would return the value of the dinar to it's previous value. If you believe him and I don't think He has misstated in the past it should be 3.22 plus the 20% the IMF allows for a 3.86 total.

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I recall reading a few days ago that American capitol reserves for the USD are at $56 Billion. Iraq has over $70 Billion in reserves covering the IQD and it's worth less than a 10th of a penny? This does not make any sense to me. So I say the IQD should be $3+

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