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USD FOR IQD

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USD FOR IQD Newbie

USD FOR IQD

Posted
Posted

http://www.xe.com/ucc/convert.cgi?Amount=1&From=IQD&To=USD&image.x=46&image.y=18

Notice: IQD will be redenominated by the end of 2010. More on the Iraqi Dinar

Currency Rates

Notice: IQD will be redenominated by the end of 2010. More on the Iraqi Dinar

Live rates at 2010.07.21 14:18:00 UTC

1.00 IQD = 0.000853606 USD

Iraq Dinars United States Dollars

1 IQD = 0.000853606 USD 1 USD = 1,171.50 IQD

Iraq, Dinar

The Iraqi Dinar is the currency of Iraq. The currency code for Dinars is IQD, and the currency symbol is د.ع . Below, you'll find Iraqi Dinar rates, a currency converter, Iraqi Dinar News and more. You can also subscribe to our currency newsletters with daily rates and analysis, or take IQD rates on the go with our XE Mobile apps for your iPhone, BlackBerry, or even your regular phone.

The Central Bank of Iraq has announced their plans to redenominate the Iraqi Dinar to ease cash transactions. By the end of 2010, they intend to drop three zeros from the nominal value of bank notes. It should be noted that the actual value of the dinar will remain unchanged. That means that 1,000 IQD (pre-redenomination) and 1 dinar (post-redenomination) will both be worth the same amount in US Dollars. As stated by the Central Bank of Iraq, their mandate is to "ensure domestic price stability and foster a stable competitive market based financial system." For more information about the redenomination, read "Iraq plans to slice three zeros off currency notes."

2010-02-11 13:11 (UTC)

BAGHDAD, Feb 11 (Reuters) - Iraq expects to redenominate its dinar currency by knocking three zeros off the nominal value of bank notes to facilitate currency transactions, a central bank official said on Thursday.

Emerging from years of war and sanctions, Iraq is trying to revamp its economy and boost oil production with a raft of crude deals that may vault it to one of the world's top oil producers.

'The goal is to improve the payment and receiving system in the country and consequently to reform cash management,' said Mudher Kasim, a senior advisor at the central bank.

Iraqi payment systems rely almost exclusively on cash.

Kasim said that the central bank expected to start rolling out new notes by the end of the year or the beginning of 2011. Iraq has 25 trillion dinars in circulation, officials say.

An Iraqi cabinet committee ordered the change in 2007, but the central bank did not think it appropriate until recently, Kasim said. The dinar's value will remain unchanged, he said.

The local unit is managed through foreign exchange auctions, and traded hands at 1,170 per dollar at the last sale.

(Reporting by Aseel Kami; Editing by Jack Kimball and Toby Chopra) Keywords: IRAQ CURRENCY/

(jack.kimball@thomsonreuters.com; +964 7901 917 033; Reuters Messaging: jack.kimball.reuters.com@reuters.com)

COPYRIGHT

Copyright Thomson Reuters 2010. All rights reserved.

The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.

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DINARDONGEXPRESS Newbie

DINARDONGEXPRESS

Posted
Posted (edited)

http://www.xe.com/ucc/convert.cgi?Amount=1&From=IQD&To=USD&image.x=46&image.y=18

Notice: IQD will be redenominated by the end of 2008. More on the Iraqi Dinar

Currency Rates

Notice: IQD will be redenominated by the end of 2008. More on the Iraqi Dinar

Live rates at 2010.07.21 14:18:00 UTC

1.00 IQD = 0.000853606 USD

Iraq Dinars United States Dollars

1 IQD = 0.000853606 USD 1 USD = 1,171.50 IQD

Iraq, Dinar

The Iraqi Dinar is the currency of Iraq. The currency code for Dinars is IQD, and the currency symbol is د.ع . Below, you'll find Iraqi Dinar rates, a currency converter, Iraqi Dinar News and more. You can also subscribe to our currency newsletters with daily rates and analysis, or take IQD rates on the go with our XE Mobile apps for your iPhone, BlackBerry, or even your regular phone.

The Central Bank of Iraq has announced their plans to redenominate the Iraqi Dinar to ease cash transactions. By the end of 2008, they intend to drop three zeros from the nominal value of bank notes. It should be noted that the actual value of the dinar will remain unchanged. That means that 1,000 IQD (pre-redenomination) and 1 dinar (post-redenomination) will both be worth the same amount in US Dollars. As stated by the Central Bank of Iraq, their mandate is to "ensure domestic price stability and foster a stable competitive market based financial system." For more information about the redenomination, read "Iraq plans to slice three zeros off currency notes."

2010-02-11 13:11 (UTC)

BAGHDAD, Feb 11 (Reuters) - Iraq expects to redenominate its dinar currency by knocking three zeros off the nominal value of bank notes to facilitate currency transactions, a central bank official said on Thursday.

Emerging from years of war and sanctions, Iraq is trying to revamp its economy and boost oil production with a raft of crude deals that may vault it to one of the world's top oil producers.

'The goal is to improve the payment and receiving system in the country and consequently to reform cash management,' said Mudher Kasim, a senior advisor at the central bank.

Iraqi payment systems rely almost exclusively on cash.

Kasim said that the central bank expected to start rolling out new notes by the end of the year or the beginning of 2011. Iraq has 25 trillion dinars in circulation, officials say.

An Iraqi cabinet committee ordered the change in 2007, but the central bank did not think it appropriate until recently, Kasim said. The dinar's value will remain unchanged, he said.

The local unit is managed through foreign exchange auctions, and traded hands at 1,170 per dollar at the last sale.

(Reporting by Aseel Kami; Editing by Jack Kimball and Toby Chopra) Keywords: IRAQ CURRENCY/

(jack.kimball@thomsonreuters.com; +964 7901 917 033; Reuters Messaging: jack.kimball.reuters.com@reuters.com)

COPYRIGHT

Copyright Thomson Reuters 2008. All rights reserved.

The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.

I put the original dates back in the article that you changed lol good try

Edited by DINARDONGEXPRESS
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Jac Newbie

Jac

Posted
Posted

seen alot of this lately , makes you wonder why?

Isn't that what they are calling a managed float? I think everyone is wondering last week it was doing a jig and hasn't stopped yet.

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Toyvp Newbie

Toyvp

Posted
Posted

DDE If you look on the XE website it states 2010 the dates you put in are wrong sorry no bashing just correcting.

Printed from the XE Universal Currency Converter at: www.xe.com/ucc

Memo: .......................................................................................................................................................................

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Currency Rates

Notice: IQD will be redenominated by the end of 2010. More on the Iraqi Dinar

Live rates at 2010.07.21 17:15:00 UTC

1.00 IQD = 0.000853610 USD

Iraq Dinars United States Dollars

1 IQD = 0.000853610 USD 1 USD = 1,171.50 IQD

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USD FOR IQD Newbie

USD FOR IQD

Posted
  • Author
Posted

Or an old lopper under a new name! :lol::lol:

not new

been around a while

esebmt old sign on (COULDN'T REG OLD SIGN ON NAME HAD ONE OTHER SIGN ON BEFORE THAT ALL BECAUSE WEB SITES KEEP CHANGING)

never seen this beofre for some reason

and what i was really wondering who's web site it is and why IT WAS put on there

(I AM A INVESTOR AND DONT LIKE LOP TALK HAS MUCH AS THE NEXT GUY, ASK MOTO HE AND I HAVE BEEN FRIENDS FOR ABOUT 4 YEARS)

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