Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content
  • CRYPTO REWARDS!

    Full endorsement on this opportunity - but it's limited, so get in while you can!

Stability of the exchange rate of the Iraqi dinar and some currencies at closing


yota691
 Share

Recommended Posts

What makes currencies go up and down?

Quote

If inflation (the rate at which prices are rising) gets too high, because demand for goods exceeds supply, it can cause economic instability and a fall in the value of the currency. ... This means that demand drops and inflation slows down. We've seen how low interest rates generally make for low exchange rates.

What causes currency fluctuations? 
 
 
Quote

Most of the world's currencies are bought and sold based on flexible exchange rates, meaning their prices fluctuate based on the supply and demand in the foreign exchange market. A high demand for a currency or a shortage in its supply willcause an increase in price.

Is a higher or lower exchange rate better?
Quote

In general, a higher exchange rate is better. ... In this case, a higher exchange rate is better, because it means you'll get more euros for your villa. A lower exchange rate is better when you're selling currency. Equally however, a lower exchange rate can sometimes be better, if you want to sell a currency.

  • Like 2
  • Upvote 2
Link to comment
Share on other sites

Rafidain: Central Bank introduces modern technology banking transactions

09:14 - 08/04/2019
0
 
  
%D9%85%D8%B5%D8%B1%D9%81-%D8%A7%D9%84%D8

BAGHDAD - 
Al-Rafidain Bank announced on Monday that it received offers from five countries to open branches including France and Britain, noting that the Central Bank is currently working to introduce modern technology in banking transactions. 
"The Central Bank is currently working on introducing modern technology in banking transactions through the introduction of electronic administration to reach the e-government, and the banking system in Mesopotamia is in this direction," said the director of the bank Khawla Talib al-Asadi in statements reported by the official newspaper "Al-Sabah" "He said. 
Asadi added that "the beginning of September will see the launch of 14 branches of electronic management across the country."
"Two branches in Jordan recently received a letter of thanks and appreciation from the Central Bank of Jordan for making the highest profits, in addition to branches of the bank in Lebanon, Egypt, Bahrain, UAE and Yemen," Al-Asadi said. 
Al-Asadi pointed out that "there is an intention to open other branches after the completion of the banking system and electronic payment," revealing "invitations from France, Britain, China, Turkey and Saudi Arabia to open branches in their countries to Rafidain Bank, which is one of the oldest banks in the region." Ending / 25

https://www.almaalomah.com/2019/04/08/398613/

  • Thanks 2
  • Upvote 3
Link to comment
Share on other sites

Al-Rafidain Bank announced on Monday that it received offers from five countries to open branches including France and Britain, noting that the Central Bank is currently working to introduce modern technology in banking transactions. 
"

Al-Asadi pointed out that "there is an intention to open other branches after the completion of the banking system and electronic payment,"

 

 

IF I had a dinar for every "intention" Iraq has said, I would still be dirt poor until RV. Wait that is an intention too. Give me another dinar! 

 

Intentions are like farts, you never intend to, but it smells all the same.

 

  • Like 1
  • Upvote 3
Link to comment
Share on other sites

  • yota691 changed the title to Rafidain: Central Bank introduces modern technology banking transactions
 
14283.jpg
The Rafidain Bank logo.
  

 Banks


Economy News Baghdad

The director of the Rafidain Bank, Khawla al-Asadi, said that the bank is financing a number of service investment projects such as the Baghdad Metro and the revival of the main laboratories across the country in coordination with government banks and under the auspices of the Central Bank, confirming receiving invitations from different countries to open branches of the bank.

Al-Asadi said in a statement quoted by the official newspaper "Al-Sabah" and read by "Economy News" that "the Central Bank has adopted a project to provide offers by all government banks Kalravidin, Rashid and Iraqi trade and other to finance vital projects and important in Baghdad and the provinces, especially investment such as the Baghdad Metro project and its diameter Suspending and reviving cement factories, glass and petrochemicals, provided that each bank will finance a project of these projects and after its completion is referred to an investor as an investment opportunity.

"The bank will finance the Baghdad metro project and the train suspended through the Central Bank and then transferred to investors and return the amounts of interest," asserting that "the bank serious implementation of this project was agreed to start a month ago, especially since the initial cost of completion of the metro is 5 trillion Dinars, in addition to his participation in the implementation of other projects nearly twenty in Baghdad and the provinces. "

Al-Asadi pointed out that "the activities of the bank is not limited to granting advances to employees and citizens, but the circumstances in which the country is forced to adopt it, where the bank operates 9204 employees and their salaries are a fixed cost and must be collected all expenses of the bank and work as an activity, Is one of the components of the depletion of the economy. "

"The real work of banks lies in the provision of facilities and support of investment projects that started work on it as financing the electrical station of the architecture of 400 million dollars and a number of recreational sites such as water city and malls and residential complexes and lab tower in Arbil and the revival of laboratories throughout the country.

The director of the Rafidain Bank expressed "the intention to adopt the bank to build a number of schools in Baghdad and the provinces according to the plan of the Ministry of Education, where there is a willingness to build 5 schools in each province to own the name of Rafidain Bank and then the Ministry of Education to pay the amount in the form of annual rent and the bank is about to collect Approvals of the Ministry of Finance on this. "

She pointed out that "the Central Bank is currently working on the introduction of modern technology in banking transactions through the introduction of electronic administration to reach the e-government, and the banking system in Mesopotamia in this direction and will see the beginning of September, the start of 14 branches of electronic management across the country."

As for the branches of the Rafidain Bank outside Iraq, al-Asadi confirmed the presence of two branches in Jordan recently received a book of thanks and appreciation by the Central Bank of Jordan for having made the highest profits, in addition to branches of the bank in Lebanon, Egypt, Bahrain, UAE and Yemen. There is an intention to open other branches after the completion of the banking system and payment The electronic, revealing the invitations from France, Britain, China, Turkey and Saudi Arabia to open branches in their countries to Rafidain Bank.


Views 128   Date Added 04/08/2019

  • Upvote 4
Link to comment
Share on other sites

  • yota691 changed the title to The Iraqi dinar exchange on the Arab and international day Friday

The Iraqi dinar exchange on the Arab and international day Friday

Economy | 09:08 - 12/04/2019

 
image
 
 

Baghdad - Mawazeen News 
The prices of Arab and international currencies compared to the Iraqi dinar according to the latest updates on Friday as follows: 

Foreign currencies: - 
1 US dollar = 1,195.8100 Iraqi 
dinars 1 Iraqi Dinar = 0.0008 US $ 
1 Euro = 1,350.3067 Iraqi 
Dinar 1 Iraqi Dinar = 0.0007 Euro 
1 Pounds Sterling = 1,563.4957 Iraqi Dinars 
Iraqi Dinar = 0.0006 £ 
1 Canadian Dollar = 895.1009 Iraqi Dinars 
Iraqi Dinar = 0.0011 Canadian 
Dollars 1 Australian Dollar = 853.2236 Iraqi 
Dinars 1 Iraqi Dinar = 0.0012 Australian Dollars 
1 Japanese Yen = 10.7012 Iraqi 
Dinars 1 JD Arabic Yen = 0.0934 Japanese Yen 

Arabic Currencies: - 
1 Egyptian Pound = 69.0840 Iraqi Dinar
IQD 1 = 0.0145 Egyptian pounds 
1 SAR = 318.8657 Iraqi Dinar 
1 Dinar Iraqi = 0.0031 SAR 
1 AED = 325.5517 Iraqi Dinar 
1 Dinar Iraqi = 0.0031 AED 
1 Sudanese pounds = 25.0646 Iraqi Dinar 
IQD 1 = 0.0399 Sudanese pounds 
1 Algerian Dinar = 10.0305 Iraqi Dinar 
1 Dinar Iraqi = 0.0997 Algerian Dinar 
1 Bahraini Dinar = 3,171.8593 Iraqi Dinar 
1 Dinar Iraqi = 0.0003 BD 
1 JD = 1,686.6126 Iraqi Dinar 
1 Dinar Iraqi = 0.0006 JD 
1 KD = 3,932.0334 Iraqi Dinar 
1 Dinar Iraqi Dinar = 0.0003 KWD 
1 = 0.7911 Iraqi 
Dinars 1 IQD = LBP 1.2640
1 Libyan Dinar = 857.8018 Iraqi Dinar 
1 Dinar Iraqi = 0.0012 LYD 
1 Moroccan Dirham = 124.3537 Iraqi Dinar 
1 Dinar Iraqi = Moroccan Dirham 0.0080 
1 SYP = 2.3220 Iraqi Dinar 
1 Dinar Iraqi = 0.4307 SYP 
1 Somali Shilling = 2.0625 Iraqi Dinar 
1 Iraqi Dinar = 0.4848 Somali Shilling 
1 Omani Rial = 3,106.3227 Iraqi Dinar 
1 IQD = 0.0003 RO 
QR 1 = 328.4227 Iraqi Dinar 
1 Dinar Iraqi = 0.0030 QR 
TND 1 = 396.5282 Iraqi Dinar 
1 Dinar Iraqi = 0.0025 Tunisian dinars 
SR 1 Yemen = 4.7764 Iraqi Dinars 
Iraqi Dinar = 0.2094 Yemeni Riyals 
1 Djibouti Franc = 6.7161 Iraqi Dinars
1 Iraqi Dinars = 0.1489 Djibouti Francs

  • Thanks 1
  • Upvote 2
Link to comment
Share on other sites

 
14424.jpg
 
  

 Market


Economy News _ Baghdad

Published by "Economy News" prices of foreign currency and gold and oil worldwide, according to the Iraqi Center for Economic and Political. 

Buying and selling prices of the dollar in the local banking companies  
Selling price of the dollar = 120.500 
Purchase price of the lollar = 119.500


Euro International Price: 100 Euro = 112.88 
GBP Worldwide Price: 100 Bounds = 130.65 
Turkish Lira World Price: $ 100 = TRY 578.35


The price of an ounce of gold globally is $ 1294.33

Brent crude oil price = $ 71.10 The 
price of a barrel of US crude oil = $ 63.85


Views 17   Date Added 04/12/2019

 
  • Thanks 1
  • Upvote 2
Link to comment
Share on other sites

  • yota691 changed the title to Exchange rate of the dollar in the stock market today
Date of release:: 2019/4/16 9:43  680 times read
Exchange rate of the dollar in the stock market today
(BAGHDAD) - Foreign currency markets in Baghdad recorded a stable exchange rate Tuesday against the Iraqi dinar.
The price of the market in the stock market in Baghdad 1200 dinars to the dollar, or 120 thousand dinars for one hundred dollars, the same price yesterday. 
The prices of buying and selling dollars in banking companies were: 
the selling price of one dollar 1205 dinars, or 120 thousand and 500 dinars per hundred dollars. 
The purchase price of the dollar is 1195 dinars, or 119 thousand and 500 dinars per hundred dollars. 
Currency, gold and oil {even prepare this news}: 
Euro Global Price: 100 EUR = 113.08 USD 
GBP Global Price: 100 pounds = 130.95 dollars 
Turkish Lira world price: $ 100 = 581.45 TL the 
price of an ounce of gold globally 1285.73 dollar 
price of a barrel of crude oil Brent = $ 70.92 The 
price of a barrel of US crude = $ 63.29
  • Upvote 1
Link to comment
Share on other sites

  • yota691 changed the title to Rafidain announces losses during the control of "Daash" on some provinces
 
 
  
 

14567.jpg

Economy News _ Baghdad

Rafidain Bank announced Wednesday that its losses during the control of the "Daash" organization on some provinces amounted to 485 billion dinars.

The director of the bank Khawla Talib Jabbar said in an interview with the newspaper "morning" and the official "Economic News", "The losses suffered by the bank during the control of a preacher on some provinces amounted to 485 billion dinars, as well as the exposure of branches to sabotage and destruction."

Jabbar added that "the bank after the end of the war rehabilitation of most of its branches," indicating that "two branches of the bank in the province of Nineveh have been completely destroyed, while operating seven other branches in the province and provide services to citizens, including Hamdania, Bartla and Taqif and the University of Mosul.

The Central Bank announced on May 17, 2017, that the number of branches of banks that seized "dodging" on their monetary and non-monetary assets and located within the provinces occupied by the organization amounted to 121 branches of government banks, including the branch of the Central Bank Mosul.

Views 35   Date Added 04/17/2019

  • Thanks 1
  • Upvote 1
Link to comment
Share on other sites

Release date: 2019/4/18 10:16  4574 times read
For the sixth day .. The dollar stabilizes in the stock market struggle
BAGHDAD (Reuters) - Foreign currency markets in Baghdad registered a stable exchange rate against the Iraqi dinar on Thursday.
The price of the market in the stock market in Baghdad 1200 dinars to the dollar, or 120 thousand dinars for one hundred dollars, the same price since last Saturday. 
The prices of buying and selling dollars in banking companies were: 
the selling price of one dollar 1205 dinars, or 120 thousand and 500 dinars per hundred dollars. 
The purchase price of the dollar is 1195 dinars, or 119 thousand and 500 dinars per hundred dollars. 
Currency, gold and oil {even prepare this news}: 
Euro Global Price: 100 EUR = 113.08 USD 
GBP Global Price: 100 pounds = 130.45 dollars 
Turkish Lira Global Price: $ 100 = 579.15 Turkish Lira 
price of an ounce of gold worldwide 1271.83 dollars. 
The price of a barrel of Brent crude oil = 71.56 dollars, the 
price of a barrel of US crude oil = 63.83 dollars
  • Upvote 2
Link to comment
Share on other sites

  • yota691 changed the title to The stability of the dollar exchange rate in local markets
 
14736.jpg
 
  

 Market


Economy News _ Baghdad

BAGHDAD - Foreign currency markets in Baghdad recorded a stable exchange rate Tuesday against the Iraqi dinar.

The price of the market in the stock market in Baghdad, 1199.5 dinars per dollar, or 119 thousand and 950 dinars per hundred dollars, the same price yesterday. 
The prices of buying and selling dollars in banking companies were: 
the selling price of one dollar 1205 dinars, or 120 thousand and 500 dinars per hundred dollars. 
The purchase price of the dollar is 1195 dinars, or 119 thousand and 500 dinars per hundred dollars. 
The price of gold, gold and oil: the 
world price: 100 euros = 112.48 dollars, the 
world price: 100 pounds = 129.85 dollars, 
the Turkish lira, the world price: 100 dollars = 582.85 Turkish lira, the 
price of gold ounce worldwide $ 1273.33. 
The price of a barrel of Brent crude oil = $ 74.60 per 
barrel of US crude oil = $ 66.11.


Views 20   Date Added 23/04/2019

 
  • Upvote 3
Link to comment
Share on other sites

Just remember this

 

Exchange  rate history as per IMF

 

April 29, 2011 0.000527732,  Friday

April 30, 2010 0.000566092, Friday

April 30, 2009 0.000570626, Thursday

April 30, 2008 0.000512352, Wednesday

April 30, 2007 0.000516326, Monday

April 28, 2006 0.000460244, Friday

April 29, 2005 0.000451682, Friday

September 22, 2004 0.000466938, Wednesday

September 08, 2003 2.53758, Monday

April 30, 2002 2.53758, Tuesday

April 30, 2000 2.43852, Sunday

April 30, 1999 2.38074, Friday

April 30, 1998 2.38881, Thursday

April 30, 1997 2.3558, Wednesday

April 30, 1996 2.21848, Tuesday

April 30, 1995 2.04504, Sunday

April 30, 1994 2.26323, Saturday

April 30, 1993 2.26004, Friday

April 30, 1992 2.34852, Thursday

April 30, 1991 2.39924, Tuesday

April 30, 1990 2.46985, Monday

April 28, 1989 2.48283, Friday

April 29, 1988 2.32407, Thursday

April 30, 1987 2.46269, Wednesday

April 30, 1986 2.73556, Tuesday

April 30, 1985 3.24557 , Tuesday

  • Like 2
  • Thanks 6
  • Upvote 1
Link to comment
Share on other sites

  • yota691 changed the title to Continued stability of the dollar exchange against the Iraqi dinar
 
14769.jpg
 
  

 Market


Economy News _ Baghdad

The exchange rate of the dollar stabilized in the Kifah Exchange and local markets on Wednesday (April 24, 2019). 
The price of the Kifah Stock Exchange - Baghdad 120,000 dinars compared to 100 dollars, the same prices on Tuesday. 
Selling and buying prices in the banking shops: 
Selling price of the dollar = 120,500 dinars. 
The purchase price of the dollar = 119.500 dinars.


Views 34   Date Added 24/04/2019

 
  • Thanks 1
  • Upvote 2
Link to comment
Share on other sites

  • yota691 changed the title to The price of selling and buying the Iraqi dinar against the Arab and international currencies

The price of selling and buying the Iraqi dinar against the Arab and international currencies

Economy | 09:23 - 26/04/2019

 
image
 
 

Baghdad - Mawazeen News 
The prices of Arab and foreign currencies compared to the Iraqi dinar on Friday according to the latest updates as follows: 

Foreign currencies: -
1 US dollar = 1,192.9600 Iraqi 
dinars 1 Iraqi dinars = 0.0008 US dollars 

1 euro = 1,328.4706 Iraqi 
dinars 1 Iraqi dinars = 0.0008 Euro 

1 Pounds Sterling = 1,539.0788 Iraqi Dinars 
Iraqi Dinar = 0.0006 £ 

1 Canadian Dollars = 884.9064 Iraqi Dinars 
Iraqi Dinar = 0.0011 Canadian 

Dollars 1 Australian Dollar = 837.5999 Iraqi 
Dinars 1 Iraqi Dinar = 0.0012 Australian Dollars 

1 Japanese Yen = 10.6864 Iraqi 
Dinars 1 Dinar Arabic Yen = 0.0936 Japanese Yen 

Arabic Currencies: -
1 Egyptian Pound = 69.4805 Iraqi Dinar
IQD 1 = 0.0144 Egyptian pounds 

1 SAR = 318.1057 Iraqi Dinar 
1 Dinar Iraqi = 0.0031 SAR 

1 AED = 324.7758 Iraqi Dinar 
1 Dinar Iraqi = 0.0031 AED 

1 Sudanese pounds = 24.8914 Iraqi Dinar 
IQD 1 = 0.0402 Sudanese pounds 

1 Algerian Dinar = 9.9655 Iraqi Dinar 
1 Dinar Iraqi = 0.1003 Algerian Dinar 

1 Bahraini Dinar = 3,164.9630 Iraqi Dinar 
1 Dinar Iraqi = 0.0003 BD 

1 JD = 1,682.5928 Iraqi Dinar 
1 Dinar Iraqi = 0.0006 JD 

1 KD = 3,919.4402 Iraqi Dinar 
1 Dinar Iraqi Dinar = 0.0003 Kuwaiti Dinars 

1 = LBP = 0.7913 Iraqi 
Dinars 1 Iraqi Dinars = LBP 1.2638

1 Libyan Dinar = 855.0643 Iraqi Dinar 
1 Dinar Iraqi = 0.0012 LYD 

1 Moroccan Dirham = 123.3454 Iraqi Dinar 
1 Dinar Iraqi = Moroccan Dirham 0.0081 

1 SYP = 2.3165 Iraqi Dinar 
1 Dinar Iraqi = 0.4317 SYP 

1 Somali Shilling = 2.0627 Iraqi Dinar 
1 Iraqi Dinar = 0.4848 Somali Shilling 

1 Omani Rial = 3,099.1367 Iraqi Dinar 
1 IQD = 0.0003 RO 

QR 1 = 327.6750 Iraqi Dinar 
1 Dinar Iraqi = 0.0031 QR 

TND 1 = 393.7279 Iraqi Dinar 
1 Dinar Iraqi = 0.0025 Tunisian dinars 

SR 1 Yemen = 4.7651 Iraqi Dinars 
Iraqi Dinar = 0.2099 Yemeni Riyals 

1 Djibouti Franc = 6.7011 Iraqi Dinars
Iraqi Dinar = 0.1492 Djiboutian francs

 
 
 
  • Thanks 1
  • Upvote 2
Link to comment
Share on other sites

Well, OK, GETTING Turboed On COFFAE' THIS Morning................................

 

Gears A Turnin'..................................................................................................

 

There ARE five (5) currencies that make up the Special Drawing Rights that are:

 

Currency Weights determined in the 2015 Review Fixed Number of Units of Currency for a 5-year period Starting Oct 1, 2016
  U.S. Dollar 41.73 0.58252
  Euro 30.93 0.38671
  Chinese Yuan 10.92 1.0174
  Japanese Yen 8.33 11.900
  Pound Sterling  8.09 0.085946

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

https://www.imf.org/en/About/Factsheets/Sheets/2016/08/01/14/51/Special-Drawing-Right-SDR

 

The article DOES NOT Show the Chinese Yuan. Some posted summaries DO WHILE OTHERS DO NOT. NOT Sure WHY.

 

SO..................................................................

 

I got to thinkin' about JD. I suspect THAT stands for Jordanian Dinar (JOD).

 

Check THIS OUT:

 

https://www.xe.com/currencycharts/?from=USD&to=JOD&view=2Y

 

On OR About December 6, 2017, the Jordanian Dinar FLATLINED AGAINST THE USD AND HAS FLATLINED EVER SINCE AT 0.709!!!

 

SO...............................................................

 

MANY, MANY, MANY, MANY, MANY, MANY, MANY, YOU Get The IDEA, GEARS IN PLAY HERE!!!

 

The True The United States Of America Patriot President Donald J Trump NIXED the Trans Pacific Partnership SHORTLY AFTER Inauguration HAVING ANNOUNCED the NIXING AFTER BEING THE DULY ELECTED!!!

 

SO...............................................................

 

The Ole Silk Road via the Belt AND Road Initiative IS THE KEY Economic DRIVER IN The Region!!!!

 

SO...............................................................

 

WHY, pray tell, DO WE See ALL the CRAZY Stuff REFERENCING JD???!!!

 

0.709 JOD = 1 USD OR 1 JOD = 1.41044 USD

 

Maybe BABY A STABLE AND REASONABLY CURRENCY FOR SOLID FINANCIAL ASSESSMENTS LONG TERM.

 
Jordan SEEMS to offer SOME Similar comparisons SO may be BABY an "anchor" for Bicraqi Iraqi Financial Assessments LONG TERM PAST THE Bicraqi Iraqi Dinar ReInstatement.
 
NOT Sure IF a ReInstatement Of The Bicraqi Iraqi Dinar WILL BE COMPARABLE BUT, hey, I WON'T COMPLAIN!!!
 
Go Moola Nova!!!
:pirateship:
  • Like 4
  • Thanks 3
  • Upvote 2
Link to comment
Share on other sites

23 minutes ago, DropItLikeItsHot said:

Synopsis drink more coffee, love the way you think out of the box, sounds good to me!

 

Cheers more coffee on my 2nd pot!

 

:o   :o   :o

 

:lmao:    :lmao:    :lmao:

 

YYYEEEAAAHHH BBBAAABBBYYY!!!!!!!!!!!!!!!!!!!!, DropItLikeItsHot, AND The Very Best Of Your 2nd Pot Of COFFAE' AND Weekend To You!!! :tiphat:

 

12 minutes ago, Half Crazy Runner said:

 

I like the way you’re thinking here ...  I’d take that rate in a heartbeat and never look back!!

:moneybag::backflip::moneybag:

 

:twothumbs: ME, TOO!!!!!!!!!!!!!!!!!!!!!, Half Crazy Runner, AND The Very Best Of Your Fun Runs WITH Your Very Fine Canine AND Your Weekend To You!!! :tiphat:

 

Go Moola Nova!

:pirateship:

  • Thanks 1
Link to comment
Share on other sites

The dollar is stabilizing against the Iraqi dinar

Economy | 09:25 - 27/04/2019

 
image
 
 

BAGHDAD - 
The exchange rate of the dollar stabilized in Kifah and local markets on Saturday (April 27, 2019). 
The prices of the Kifah Stock Exchange - Baghdad - 119,500, the same prices on Friday. 
Selling and buying prices in the banking shops: 
Selling price of the dollar = 120,500 dinars. 
The price of buying the dollar = 119.500 dinars

  • Thanks 2
  • Upvote 1
Link to comment
Share on other sites

  • yota691 changed the title to Stability of the exchange rate of the Iraqi dinar and some currencies at closing
  • Adam Montana locked this topic
Guest
This topic is now closed to further replies.
 Share

  • Recently Browsing   0 members

    • No registered users viewing this page.



×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.