climber7 Posted January 5, 2018 Report Share Posted January 5, 2018 42 minutes ago, dinarham said: WILL DO . I DON'T KNOW IF THEIR CURRENCY WAS REPRINTED WITH A NEW VALUE . OR JUST RENDERED ZERO VALUE AND PEOPLE KEPT THE OLD NOTES TILL IT REVALUED Thanks for looking into it please let us know 👍 Quote Link to comment Share on other sites More sharing options...
bostonangler Posted January 5, 2018 Report Share Posted January 5, 2018 this is very interesting.... B/A Quote Link to comment Share on other sites More sharing options...
ChuckFinley Posted January 5, 2018 Report Share Posted January 5, 2018 6 hours ago, scouter73 said: I remember a while back about dinar tied to 5 currencies. Irag iran were like ying and yang. India vietnam and another country i don't recall. Rupies just climbed after there currency cleanup last yr. So i dont see them rving again. If this is rumors i apologize. Been reading in shadows for yrrrrs now. I remember that too. It was tired to the USD, EUR, Pound, and Yen. There may have been one more, not sure about that. 1 Quote Link to comment Share on other sites More sharing options...
drj Posted January 5, 2018 Report Share Posted January 5, 2018 4 hours ago, dinarham said: FIRST OFF ,I WASN'T DRINKING . REMEMBER THE DINAR WAS CLOSE TO KUWAIT'S RATE BEFORE THE WAR . SECONDLY ,I'M NOT A HE . I appreciate what you are saying, dinarham, but it is my understanding that the Kuwaiti dinar was tied to the GBP whereas, the IQD at the time was set by Saddam Hussein. Ol' Saddam set it at any rate that he wanted. 5 Quote Link to comment Share on other sites More sharing options...
NextYear Posted January 5, 2018 Report Share Posted January 5, 2018 6 hours ago, dinarham said: SMOKE AND MIRRORS . IT'S GONNA BE HIGHER THAN KUWAIT I should hope so. Kuwait vs. Iraq is like comparing the gdp and size of Rhode Island vs. New York State. 3 Quote Link to comment Share on other sites More sharing options...
drj Posted January 5, 2018 Report Share Posted January 5, 2018 7 hours ago, dinarham said: SMOKE AND MIRRORS . IT'S GONNA BE HIGHER THAN KUWAIT I hope that you are correct and I am wrong I don't see it happening with the Saudi Riyal at .27 USD but time will tell. Let's just get it over with so we can all focus on the next chapter of where to best invest our return! 1 4 Quote Link to comment Share on other sites More sharing options...
Indraman Posted January 5, 2018 Report Share Posted January 5, 2018 1 hour ago, Floridian said: Makes sense, Indy. So what's your prediction as to RV amount? Mine is .10, but hoping I'm wrong and it's a lot more. As I stated, item (1) is probably the biggest unknown factor. Based upon what I have seen, I would venture a guess anywhere from $0.10 to $1.20 (max). Anything greater would just be icing on the cake. Indy 4 Quote Link to comment Share on other sites More sharing options...
Floridian Posted January 5, 2018 Report Share Posted January 5, 2018 (edited) 34 minutes ago, Indraman said: As I stated, item (1) is probably the biggest unknown factor. Based upon what I have seen, I would venture a guess anywhere from $0.10 to $1.20 (max). Anything greater would just be icing on the cake. Indy That's a mighty big range. Thanks, Indy. Hope your higher end prediction is correct. Edited January 5, 2018 by Floridian Quote Link to comment Share on other sites More sharing options...
fnbplanet Posted January 5, 2018 Report Share Posted January 5, 2018 I'm thinking that if they truly want to "de-dollarize", they'll need to be at a buck or more to get citizens to give up their USD and finally use the banking system. If they want to get into a p*ssing match with Kuwait to be the highest rate, they can move to a managed float down the road, after they prove themselves to the rest of the planet. 2 3 Quote Link to comment Share on other sites More sharing options...
vomer Posted January 5, 2018 Report Share Posted January 5, 2018 For the time being, let us attach ourselves to this basket of fried chicken 11 1 Quote Link to comment Share on other sites More sharing options...
skeetdog Posted January 5, 2018 Report Share Posted January 5, 2018 Thanks DWS... 37 minutes ago, fnbplanet said: I'm thinking that if they truly want to "de-dollarize", they'll need to be at a buck or more to get citizens to give up their USD and finally use the banking system. If they want to get into a p*ssing match with Kuwait to be the highest rate, they can move to a managed float down the road, after they prove themselves to the rest of the planet. 1 hour ago, Indraman said: As I stated, item (1) is probably the biggest unknown factor. Based upon what I have seen, I would venture a guess anywhere from $0.10 to $1.20 (max). Anything greater would just be icing on the cake. Indy ..."1.08"... 1 1 1 1 Quote Link to comment Share on other sites More sharing options...
Half Crazy Runner Posted January 5, 2018 Report Share Posted January 5, 2018 15 minutes ago, skeetdog said: Thanks DWS... ..."1.08"... I would be one very happy camper at that rate!!! 1 1 Quote Link to comment Share on other sites More sharing options...
pokerplayer Posted January 5, 2018 Report Share Posted January 5, 2018 9 hours ago, scouter73 said: I remember a while back about dinar tied to 5 currencies. Irag iran were like ying and yang. India vietnam and another country i don't recall. Rupies just climbed after there currency cleanup last yr. So i dont see them rving again. If this is rumors i apologize. Been reading in shadows for yrrrrs now. I think it was China if memory serves me correct. pp 1 Quote Link to comment Share on other sites More sharing options...
pokerplayer Posted January 5, 2018 Report Share Posted January 5, 2018 7 hours ago, dinarham said: FIRST OFF ,I WASN'T DRINKING . REMEMBER THE DINAR WAS CLOSE TO KUWAIT'S RATE BEFORE THE WAR . SECONDLY ,I'M NOT A HE . I hear ya, happens to me as well all the time. pp 1 3 Quote Link to comment Share on other sites More sharing options...
Tuscanugee Hutgee Posted January 5, 2018 Report Share Posted January 5, 2018 I was in Kuwait right after the Iraqi army was driven out in 1991. The Kuwaiti Dinar lost all value because the Iraqi Army had sacked the Central Bank of Kuwait and made off with all of Kuwait's currency reserves. The Kuwaiti Dinars had been printed in Europe and thus the plates were safe. They simply reprinted Kuwaiti bank notes using different colored ink. There was a short, in-country window in which old notes could be exchanged for new bank notes; thereafter the old currency became valueless. 4 5 Quote Link to comment Share on other sites More sharing options...
tigergorzow Posted January 5, 2018 Report Share Posted January 5, 2018 DV, 1:1 will definitely work for IRAQI Citizens & DV members. Of course 1 Plus will be Fantastic.....😁😁 GO RV / RI 3 Quote Link to comment Share on other sites More sharing options...
NoviceInvestor Posted January 5, 2018 Report Share Posted January 5, 2018 16 hours ago, Floridian said: When? When? How much? How Much? Good questions... 1 Quote Link to comment Share on other sites More sharing options...
climber7 Posted January 5, 2018 Report Share Posted January 5, 2018 55 minutes ago, Tuscanugee Hutgee said: I was in Kuwait right after the Iraqi army was driven out in 1991. The Kuwaiti Dinar lost all value because the Iraqi Army had sacked the Central Bank of Kuwait and made off with all of Kuwait's currency reserves. The Kuwaiti Dinars had been printed in Europe and thus the plates were safe. They simply reprinted Kuwaiti bank notes using different colored ink. There was a short, in-country window in which old notes could be exchanged for new bank notes; thereafter the old currency became valueless. So just to clarify.....anyone holding old Kuwaiti dinars HAD to exchange them IN Kuwait? If so--I wonder if that will happen with us? Quote Link to comment Share on other sites More sharing options...
Bunk Posted January 5, 2018 Report Share Posted January 5, 2018 8 hours ago, dinarham said: FIRST OFF ,I WASN'T DRINKING . REMEMBER THE DINAR WAS CLOSE TO KUWAIT'S RATE BEFORE THE WAR . SECONDLY ,I'M NOT A HE . Sorry Maam.I will have what You are smoking then. 1 Quote Link to comment Share on other sites More sharing options...
kjwayne Posted January 5, 2018 Report Share Posted January 5, 2018 Well, sometime ago we were told that Iraq was doing MOST of their trading with the European countries that use the ERU. OK ,Jordan would be next in line and their money ,to the US dollar is $1.40. The euro ,or how ever you spell it ,is at $1.20 so I'm guessing the Dinar will come out from $1.13 to $1.40 . I'm just ready for IT to come out at something other than the program rate. Kuwait ,today, is at $3.31. 2 1 Quote Link to comment Share on other sites More sharing options...
Pitcher Posted January 6, 2018 Report Share Posted January 6, 2018 In the fall of 2009 I actually saw a price of 1.49 for the price of a dinar on Forex. That was also the Price of the Euro at that time. The 1.49 price didn’t stay up very long but it was very exciting. Does anyone else remember that. Those were the days of getting up at 2 am to check the price because of the rumors of an early morning RV. Does anyone remember the moon stories in the newspapers were a secret code that an RV was going to happen any day. Hang around here long enough and you’ll hear it all. 1 1 3 Quote Link to comment Share on other sites More sharing options...
dinarham Posted January 6, 2018 Report Share Posted January 6, 2018 4 hours ago, Tuscanugee Hutgee said: I was in Kuwait right after the Iraqi army was driven out in 1991. The Kuwaiti Dinar lost all value because the Iraqi Army had sacked the Central Bank of Kuwait and made off with all of Kuwait's currency reserves. The Kuwaiti Dinars had been printed in Europe and thus the plates were safe. They simply reprinted Kuwaiti bank notes using different colored ink. There was a short, in-country window in which old notes could be exchanged for new bank notes; thereafter the old currency became valueless. THANKS FOR THAT INFO , TUSCANUGEE . PERHAPS THEY WERE PRINTED AT DELARUE IN SWITZERLWHO ALSO PRINTED THE DINAR , PAYED FOR BY USA . DO ANY OF YOU REMEMBER ANYTHING ABOUT WHEN KUWAI'T'S CURRENCY WENT FROM ZERO BACK TO IT'S PREWAR VALUE ? IT WAS NON NEWS , BUT IF I REMEMBER CORRECTLY ,BILL CLINTON ELIMINATED THE NATIONAL DEBT . GO FIGURE. 1 1 Quote Link to comment Share on other sites More sharing options...
DinarThug Posted January 6, 2018 Report Share Posted January 6, 2018 (edited) 13 hours ago, dinarham said: REMEMBER THE DINAR WAS CLOSE TO KUWAIT'S RATE BEFORE THE WAR . SECONDLY ,I'M NOT A HE . I’m A He - But I’m Wearing Makeup ! Edited January 6, 2018 by DinarThug 4 Quote Link to comment Share on other sites More sharing options...
dinarham Posted January 6, 2018 Report Share Posted January 6, 2018 SORRY , BONAFIDE FEMALE HERE ,THUG ..SORRY TO DISAPPOINT YOU . Quote Link to comment Share on other sites More sharing options...
Rmc10 Posted January 6, 2018 Report Share Posted January 6, 2018 I bet there's lot's of us women on here and no one knows we are women. Lol 1 4 Quote Link to comment Share on other sites More sharing options...
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