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High dollar prices in Iraq


yota691
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Friday, September 02 2016 11:24

High dollar prices in Iraq

 
 

High dollar prices in Iraq

 

Baghdad / follow Baghdadi News / .. recorded foreign currency markets in Iraq, on Friday, a slight rise of the dollar exchange rate against the Iraqi dinar.

100 US dollars = 103.42 yen

100 US dollars = 130.95 Canadian dollars

100 US dollars = 132.30 Australian dollars

Turkish Lira Global Price: $ 100 = 296.24 TL

Pound world price: 1 pound = 1.3275 USD

Euro Global Price: 1 euro = 1.1192 dollars

foreign currency:

He informed the bank said in a statement approved banks and all money transfer companies, broker for the sale and purchase of foreign currencies all, "the sale of the amount of 3000 dollars instead of 5000 dollars for citizens wishing to obtain a dollar to cover their expenses abroad after the completion of all the required documents under the regulations in force."

The Central Bank of Iraq, it may face in the 16 of last June to reduce the amount of foreign selling of US dollar currency for those wishing to travel outside the country.

The purchase price of the dollar to 128.5 dinars, 128 thousand, 500 dinars for one hundred dollars.

The sale price of the dollar to 129.5 dinars, ie 129 thousand, and 500 dinars for one hundred dollars.

The buying and selling of the dollar in the prices of banking companies were:

And record the market price at the Stock Exchange in Baghdad struggle at nine thirty in the morning 128.9 dinars per dollar.

 

 

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What would make them Iraqis turn in there dollar's for dinars?
One of two things devaluing of the dollar, like some are predicting this month or raise value on dinar.

Sure makes one wonder...If this happens the way Im thinking, maybe we should wait, on buying those big ticket items, maybe a few metals..while there low.

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1 minute ago, rw.sutton said:

How I read it, Eagle Eye,,happened at 9:30 in the morning.

Baghdad struggle at nine thirty in the morning 128.9 dinars per dollar.

so that would mean instead of about $800 per million.......it's nearly $8000 per million ?? Yoga ....Adam...financial guys what say YOU ???!!!

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Just now, boosterbglee said:

Consider yourself pinched.......now who's messing with us today?  I really don't want to get my hopes up...again!

LOL !!!  OMG, I know what u mean.  I have to go to work now in this nasty Florida stormy weather - hopefully I can quit soon !   Cant wait to read what this is all about when I get home.  Please let it be for real !!!!!!!!  God Bless

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2 hours ago, yota691 said:

The purchase price of the dollar to 128.5 dinars, 128 thousand, 500 dinars for one hundred dollars.

The sale price of the dollar to 129.5 dinars, ie 129 thousand, and 500 dinars for one hundred dollars.

 

Look closely, 129.5 dinars, its abbreviated for 129,500 dinars, per 100 usd.

So the rate is 1295.

I did a double take, then saw the second line again.

Still waiting.

 

Edited by ixic
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Just now, EagleEye said:

Sadly XE Currency Converter still shows 1 to 1158....but since those prices are IN IRAQ...did the change imply and IN-COUNTRY change  ??? I'm so confused at this point....c'mon Dinar experts chime in any time...we MUST hear from you !!!

I noticed, too, www.xe.com IQD vs. USD has been slowly declining and was at 1158 IQD = 1 USD.  At this rate, 1 million IQD is equivalent to 863.56 USD.

The article stated 128,500 IQD for 100 USD so 1 million IQD is equivalent to 778.21 USD.

My opinion, there has been no significant IQD/USD exchange rate change in Iraq, yet.  Indicators suggest this could change, possibly in the near future, as has been shown in recent articles.

There have been multiple IQD/USD exchange rates in and out of Iraq.  In my opinion, this is one of the reasons for the ultra modern banking system being put in place in Iraq with the most up to date international banking protocols.  Once in place, the exchange rate in Iraq will be singular and all the other world wide systems would have to input/output the appropriate exchange rates on parity with the new Iraqi banking system for the IQD.

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31 minutes ago, EagleEye said:

Sadly XE Currency Converter still shows 1 to 1158....but since those prices are IN IRAQ...did the change imply and IN-COUNTRY change  ??? I'm so confused at this point....c'mon Dinar experts chime in any time...we MUST hear from you !!!

Just looked at that myself not 2 minutes ago . . .Perhaps all this is still "in country" as you suggest. Bouncing the ball around for a while until someone decides to shoot the Hoop for a 3 Pointer to the WIN the Game ?

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Here is a chart DV from XE as of a few minutes. As we can see the rate fluctuation has been constant as of late but as of a few days ago we can see a slight increase in the value of the IQD. Sometimes this happens based on the strength and weakness of the USD but it is a coincidence that when this started to shore up and the news of a potential oil deal was actually real, is when the change occurred. Synopsis may have a point saying that it is the modern banking system being implemented  as well. I am no currency specialist but one thing is for sure, we are moving in the right direction. 
 
 
USD/IQD chart from the @XE Currency App
Edited by Wiljor
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5 hours ago, nannab said:

I wish that I understood currency let alone the stock market.

Yes be safe Gypsygirl11 I just spoke to my sister they

missed it somewhat. They are in Englewood,

I live near Tampa and got hit hard. My fence got blown halfway down (and that's with reinforcements added to the base!) and power out last night - Not to mention my daughter and I going out in the storm to rescue our cat, o that was fun, lol. 

  Now back to the Dinar....Im so heart broken with another misinterpretation of the news, boo hoo!

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mmmmmmmmmm,   !   would this  be  very  cool , if  this set -up the  pre curser  too the  actual value rights  of the dinar !  

22 hours ago, yota691 said:

The purchase price of the dollar to 128.5 dinars, 128 thousand, 500 dinars for one hundred dollars.

The sale price of the dollar to 129.5 dinars, ie 129 thousand, and 500 dinars for one hundred dollars

 with the intended  ( zero`s are our hero`s  babble )   that  the real  language behind   the decimal point, and zeros  idea  ,  is that  the  buy and sale   this is using will be  the norm  , in  the actual  currency value   1 dollar  is equal  too  1.28 -------  dropping  the   thousands   , zeros    zing-oh......    

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From another site...

HIGH DOLLAR PRICES IN IRAQ

Published in economic
 September / September 2, 2016 18:03
 
 
 
 
High dollar prices in Iraq
 

BAGHDAD - A follow - up Baghdadi News recorded a foreign currency markets in Iraq, on Friday, a slight rise of the dollar exchange rate against the Iraqi dinar. 
Scored the market price at the Stock Exchange struggle in Baghdad at nine o'clock in the morning 128.9 dinars to the dollar. 
The buying and selling of the dollar in the banking companies Prices it was: the 
sale price of the dollar to 129.5 dinars, ie 129 thousand, and 500 dinars for one hundred dollars. the 
purchase price of the dollar to 128.5 dinars, 128 thousand, 500 dinars, for a hundred dollars. 
the Central Bank of Iraq, it may face in the 16 of last June to reduce the amounts sale of foreign of the US dollar for those wishing currency to travel out of the country. 
he informed the bank said in a statement approved banks and all money transfer companies , broker for the sale and purchase of foreign currencies all, " the sale of the amount of 3000 dollars instead of 5000 dollars for citizens wishing to obtain a dollar to cover their expenses abroad after the completion of all the required documents under the regulations inforce. " 
foreign currency: the 
euro world price: 1 euro = 1.1192 dollars 
pound world price: 1 pound = 1.3275 USD 
Turkish Lira global price: $ 100 = 296.24 TL 
100 US dollars = 132.30 dollars Australian 
100 US dollars = 130.95 CAD 
$ 100 USD = 103.42 yen

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