ChuckFinley Posted September 2, 2017 Report Share Posted September 2, 2017 30 minutes ago, blueskyline said: Is there anyone else other than myself that feels like their purchasing power has been raised in country to .05 cents to the Dinar . Dare I say in country RV ? I could be wrong of course . But I get that feeling . Lower prices for goods , sugar , wheat , cell phones and services ? Hmm I was wondering the same thing and I asked that when Mosul was retaken. This would be strong indicator that we are seeing value to the dinar and moving to a single currency. 3 Quote Link to comment Share on other sites More sharing options...
Synopsis Posted September 2, 2017 Report Share Posted September 2, 2017 24 minutes ago, blueskyline said: Is there anyone else other than myself that feels like their purchasing power has been raised in country to .05 cents to the Dinar . Dare I say in country RV ? I could be wrong of course . But I get that feeling . Lower prices for goods , sugar , wheat , cell phones and services ? Hmm The Best Of Your Labor Day Weekend To You, BlueSkyLine and All DV! With the recent payoffs from Kurdistan to those owed in Kurdistan's oil industry, I am wondering where the funds came from? Also, hasn't the peasants been paid? Peshmurga, too? Where did that money come from? With the VISA card being able to be used by the citizens internationally, there appear to be "open" economy activities going on where IQD can be converted back and forth with other currencies. So, to me, this looks like "something" happened so that IQD could be converted internationally at a higher (maybe much higher?) rate than the program rate. Oh, Yeah, I'm feelin' it!!! Go Moola Nova! 6 Quote Link to comment Share on other sites More sharing options...
blueskyline Posted September 2, 2017 Report Share Posted September 2, 2017 I can not deny the 200,000 dinar travel notice listed with the other foreign curries , precious minerals and metals of $ 10,000 value . It leaves me feeling , I guess Stoic or shocked right now . 3 Quote Link to comment Share on other sites More sharing options...
blueskyline Posted September 2, 2017 Report Share Posted September 2, 2017 This also tells the currency world something is taking place with the Dinar ! 1 3 Quote Link to comment Share on other sites More sharing options...
navira45 Posted September 2, 2017 Report Share Posted September 2, 2017 Agree with all of u. 1 2 1 Quote Link to comment Share on other sites More sharing options...
ChuckFinley Posted September 2, 2017 Report Share Posted September 2, 2017 33 minutes ago, blueskyline said: This also tells the currency world something is taking place with the Dinar ! For sure. What is the use of taking 200,000 dinar to London if you can not exchange it anywhere. 5 Quote Link to comment Share on other sites More sharing options...
mr.unlikely Posted September 2, 2017 Report Share Posted September 2, 2017 Chuck, we must remember that people can take more than 200,000 IQD to wherever they are going, they just have to declare it. as much as I hate to say it, we will have to wait and see what this means for the dinar. 1 Quote Link to comment Share on other sites More sharing options...
navira45 Posted September 2, 2017 Report Share Posted September 2, 2017 BL, we maybe waiting for the complete auditing of the CBI by the international company which was reported last month. That should be on the news shortly. We just have to wait. 1 3 1 Quote Link to comment Share on other sites More sharing options...
blueskyline Posted September 2, 2017 Report Share Posted September 2, 2017 "These are the New Custom Controls " .... Something has taken place. 1 Quote Link to comment Share on other sites More sharing options...
Gypsygirl11 Posted September 2, 2017 Report Share Posted September 2, 2017 You might be on to something blueskyline.. Thanks 1 Quote Link to comment Share on other sites More sharing options...
Floridian Posted September 2, 2017 Report Share Posted September 2, 2017 I think the question may be - When do the new custom controls go into effect? 2 Quote Link to comment Share on other sites More sharing options...
navira45 Posted September 2, 2017 Report Share Posted September 2, 2017 Floridian, that is a very valid question. 1 Quote Link to comment Share on other sites More sharing options...
Floridian Posted September 2, 2017 Report Share Posted September 2, 2017 19 minutes ago, Floridian said: I think the question may be - When do the new custom controls go into effect? Well, I guess we know the rate is 5 cents. If we knew the effective date of customs control, we would know everything we've been waiting for and could start to "downsize" our plans. Sigh. Quote Link to comment Share on other sites More sharing options...
WaitIsOver Posted September 2, 2017 Report Share Posted September 2, 2017 Maybe when the border with Jordan opens. Which is tomorow? Quote Link to comment Share on other sites More sharing options...
Floridian Posted September 2, 2017 Report Share Posted September 2, 2017 Just now, WaitIsOver said: Maybe when the border with Jordan opens. Which is tomorow? Oh man! I better start preparing what to say to everyone (friends and relatives) who I told about the dinar (and then they bought it expecting to be rich, like I did). 1 Quote Link to comment Share on other sites More sharing options...
navira45 Posted September 2, 2017 Report Share Posted September 2, 2017 Floridian, stop thinking that is the rate...it might be higher. We really need to wait. They may reinstate their rate to the former glory which was 3.plus...cause that was when they were stripped of it. We really need to wait bro. 2 2 1 Quote Link to comment Share on other sites More sharing options...
Half Crazy Runner Posted September 2, 2017 Report Share Posted September 2, 2017 2 minutes ago, Floridian said: Oh man! I better start preparing what to say to everyone (friends and relatives) who I told about the dinar (and then they bought it expecting to be rich, like I did). Even if it did start out at .05 cents, once it's released internationally it has to go up. And I think it would rise quickly. 8 Quote Link to comment Share on other sites More sharing options...
NEPatriotsFan1 Posted September 2, 2017 Report Share Posted September 2, 2017 (edited) Even if it is .05 look how fast crypto currencies have risen! It would not take long for you to see a significant enough appreciation to enjoy cashing some in.... I don't believe it would stay .05 for long and I don't believe they can afford to free float with the little stability they are beginning to enjoy.... chin up! Edited September 2, 2017 by NEPatriotsFan1 3 Quote Link to comment Share on other sites More sharing options...
Floridian Posted September 2, 2017 Report Share Posted September 2, 2017 1 minute ago, Half Crazy Runner said: Even if it did start out at .05 cents, once it's released internationally it has to go up. And I think it would rise quickly. Yes, I think you're right, but I sure hate to go into long-winded explanations when everyone asks "What happened?" Quote Link to comment Share on other sites More sharing options...
NEPatriotsFan1 Posted September 2, 2017 Report Share Posted September 2, 2017 Beat me to it Half crazy runner, lol sorry for a redundant idea! 1 Quote Link to comment Share on other sites More sharing options...
Floridian Posted September 2, 2017 Report Share Posted September 2, 2017 1 minute ago, NEPatriotsFan1 said: Even if it is .05 look how fast crypto currencies have risen! It would not take long for you to see a significant enough appreciation to enjoy cashing some in.... I don't believe it would stay .05 for long and I don't believe they can afford to free float with the little stability they are beginning to enjoy.... chin up! I know. I'm okay. I just thought I was doing such a great thing telling everyone to buy dinar, and now I have "some splainin' to do". 1 Quote Link to comment Share on other sites More sharing options...
NoviceInvestor Posted September 2, 2017 Report Share Posted September 2, 2017 You wouldnt have mych holiday fun anywhere with 200,000 dinar at its current value ... Quote Link to comment Share on other sites More sharing options...
NoviceInvestor Posted September 2, 2017 Report Share Posted September 2, 2017 (edited) You wouldnt have much holiday fun anywhere with 200,000 dinar at its current value ... Edited September 2, 2017 by NoviceInvestor 1 Quote Link to comment Share on other sites More sharing options...
NoviceInvestor Posted September 2, 2017 Report Share Posted September 2, 2017 You wouldnt have much holiday fun anywhere with 200,000 dinar at its current value ... Quote Link to comment Share on other sites More sharing options...
Floridian Posted September 2, 2017 Report Share Posted September 2, 2017 19 minutes ago, WaitIsOver said: Maybe when the border with Jordan opens. Which is tomorow? According to this article I just found, the border opened already - on Wednesday. The article about the 200,000 dinars came out on Tuesday. Maybe the dinar is already worth 5 cents? Jordan and Iraq reopen main border crossing as security situation improves The crossing, known as Karameh on the Jordanian side and Turabil in Iraq, sits along a 900-kilometre trade route linking Amman and Baghdad, and its closure in July 2015 dealt a blow to Jordan’s already fragile economy Jordan and Iraq reopened the main border crossing between the two countries on Wednesday, two years after it was closed following ISIL's capture of large swathes of western Iraq. https://www.thenational.ae/world/mena/jordan-and-iraq-reopen-main-border-crossing-as-security-situation-improves-1.624617 2 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.