ChuckFinley Posted July 28, 2019 Report Share Posted July 28, 2019 1 minute ago, DoD said: I'm liking this article from the CBI because it's another educational piece that the average Iraqi needs to know. Why would the average Iraqi turn in his dollar or Euro for a Dinar that's way less in value. Trying to keep my hopium to a low level but this article is very telling on what's coming, just don't know when... Exactly, it is prepping / Educating the citizens on what to expect, 1 Quote Link to comment Share on other sites More sharing options...
RV-2-Day Posted July 28, 2019 Report Share Posted July 28, 2019 Am I missing something -- it's not the Dinar that needs to be uncirculated but the Dollar or Euro that they are turning in The Central Bank of Iraq on the criteria that are relied on in the rejection of banknotes of the dollar and euro in the process of counting and sorting. Quote Link to comment Share on other sites More sharing options...
ChuckFinley Posted July 28, 2019 Report Share Posted July 28, 2019 4 minutes ago, RV-2-Day said: Am I missing something -- it's not the Dinar that needs to be uncirculated but the Dollar or Euro that they are turning in The Central Bank of Iraq on the criteria that are relied on in the rejection of banknotes of the dollar and euro in the process of counting and sorting. You are correct. It has nothing to do with us. The CBI was just stating the condition that the USD and EURO need to be in, in order to be accepted by the bank. The demands made by the bank makes it so challenging that the note almost have to be uncirculated to pass the turn in test. Here are the criteria for turn in. The bank pointed out that the most important criteria are: - 1 - if it was cut in one corner or was oppressed or lost any part of the paper area. 2 - If it has been torn and repaired with a transparent adhesive tape from any side. 3 - If it contains a seal of large size or several small seals to affect their features. 4- If the effects of trading and use appear to be "smug" in order to affect their form or features. 5- If strange substances have been caught and have affected their features such as inks, dyes, glues, crushed, cooked, processed, fat or oils. 6 - if stored in the conditions of storage is incorrect, which leads to break or smell of mold. 1 2 Quote Link to comment Share on other sites More sharing options...
RV-2-Day Posted July 28, 2019 Report Share Posted July 28, 2019 I agree with whom ever said it that this is Big. It sets the stage for a potential RV of at least 1:1 otherwise why would an Iraq citizen turn it in (other than being compelled). Obviously they are not going to give an RV date but did anyone decipher a timeframe implied by this statement? 3 4 Quote Link to comment Share on other sites More sharing options...
RV-2-Day Posted July 28, 2019 Report Share Posted July 28, 2019 Also - can I have all the rejected bills😄 10 Quote Link to comment Share on other sites More sharing options...
wealthhound Posted July 28, 2019 Report Share Posted July 28, 2019 3 hours ago, zul said: are we there already? SOON!!! 3 Quote Link to comment Share on other sites More sharing options...
Catluver67 Posted July 28, 2019 Report Share Posted July 28, 2019 (edited) I can’t imagine that they would educate about this very far in advance. It’s a non issue until they start de-dollarizing. Edited July 28, 2019 by Catluver67 2 2 3 Quote Link to comment Share on other sites More sharing options...
wealthhound Posted July 28, 2019 Report Share Posted July 28, 2019 1 hour ago, jg1 said: When the RV happens, I know what I want to do first thing. Go to Mexico and have my mother-in-law get a good doctor. In Mexico there are not a lot of options and when they amputated her toes for the second time I found out that they did not stitch them up afterwards and they went gangrene and septic now they have to take her whole leg off. I just talked with her and she is in severe pain and I'm thinking if they could not amputate a toe correctly what's going to happen when they amputate her leg tomorrow. I hope I can help a lot of people. OMG jg1. Praying for your mother in law. Especially for her surgery tomorrow! WH 2 1 2 Quote Link to comment Share on other sites More sharing options...
Dinarrock Posted July 28, 2019 Report Share Posted July 28, 2019 2 hours ago, Laid Back said: Exciting times my friend ChuckF, Go $1:1 or more - easiest way to De-Dollarize the country - easiest transition to the Iraqi citizens - real purchasing power @DIAMOND thanks for your input. Yep the only reason why you would give up the dollar or Euro is because the dinar is with more period! Dinar has to be valued over $1.00 or there is no reason for them to give them up period!! 7 Quote Link to comment Share on other sites More sharing options...
navira Posted July 28, 2019 Report Share Posted July 28, 2019 Hey bro jg1 , that's really sad story ...praying really hard bro 6 Quote Link to comment Share on other sites More sharing options...
jg1 Posted July 28, 2019 Report Share Posted July 28, 2019 1 hour ago, wealthhound said: OMG jg1. Praying for your mother in law. Especially for her surgery tomorrow! WH Thanks you guys. 1 3 Quote Link to comment Share on other sites More sharing options...
Laid Back Posted July 28, 2019 Report Share Posted July 28, 2019 51 minutes ago, Dinarrock said: Yep the only reason why you would give up the dollar or Euro is because the dinar is with more period! Dinar has to be valued over $1.00 or there is no reason for them to give them up period!! Thanks for your input Dinarrock, There’s Another possibility, a $0.10 rate like Adam said and the CBI can declare the use of the dollar and euro illegal in the local market. I’m a believer of $1:1 or more. Go RV asap. 7 Quote Link to comment Share on other sites More sharing options...
WheresmyRV? Posted July 28, 2019 Report Share Posted July 28, 2019 What an awesome thread, thank you all for chiming in and contributing! We just need the bros in here to celebrate! 2 Quote Link to comment Share on other sites More sharing options...
navira Posted July 28, 2019 Report Share Posted July 28, 2019 Haha...let's go bro WheresmyRV 4 Quote Link to comment Share on other sites More sharing options...
dinarham Posted July 29, 2019 Report Share Posted July 29, 2019 I have said many times that the dinar ,so finely printed ,the gold treads , on paper so good it would be hard to duplicate , the anagrams , the oxblood used for the red {hence the weird smell } . Look at the 25k note under a black light and it will reveal details that will amaze you They are "uncounterfietable" ,you would have to be a real idiot to not just buy the real note ,so so so much cheaper ,and legal too ! The security features of coarse diminish with the value of the note . Also ,here in Mexico ,both peso and usd are accepted readily . 3 Quote Link to comment Share on other sites More sharing options...
RV-2-Day Posted July 29, 2019 Report Share Posted July 29, 2019 Then again maybe the CBI is planning to reject half of the bills (but keep them and turn over to US & Europe) thereby with a 1:1 RV it will only cost them $.50 Quote Link to comment Share on other sites More sharing options...
yota691 Posted July 29, 2019 Author Report Share Posted July 29, 2019 The Central Bank sets the criteria for the rejection of banknotes of the dollar and euro July 28, 2019 - 3:40 PM Number of readings: 19 ━ Section: Business Baghdad / step Press The Central Bank of Iraq on the criteria that are relied on in the rejection of banknotes of the dollar and euro in the process of counting and sorting. The bank pointed out that the most important criteria are: 1 - If it was cut in one of its corners or was oppressed or lost any part of the paper area. 2 - If it has been torn and repaired with a transparent adhesive tape from any side. 3 - If it contains a seal of large size or several small seals to affect their features. 3 Quote Link to comment Share on other sites More sharing options...
southbeach Posted July 29, 2019 Report Share Posted July 29, 2019 Well, I’ll just say that I recently had a clear dream that God (by some believer), handed me 22 million USD at a church service - and I am currently holding 20 million dinar. 4 2 4 Quote Link to comment Share on other sites More sharing options...
yota691 Posted August 5, 2019 Author Report Share Posted August 5, 2019 Iraqi dinar completes the shortage of the US dollar 18 July 2019 In a strange and funny paradox, a person in Basra tinkered with a US $ 100 banknote with a portion of an Iraqi banknote denominated in 250 dinars and pasted into the market. Despite the difference in monetary value between the two currencies, but the similarity and convergence in colors led the man to this "unique trick," according to Al-Murabd, a seller who received from one of his customers this currency, which he said is not known by scrutiny. He also says he returned the paper to the owner and refused to deal with it and asked him to keep it as a sign of peace and financial cooperation between the two currencies, he said. 2 5 Quote Link to comment Share on other sites More sharing options...
Big_J Posted August 5, 2019 Report Share Posted August 5, 2019 GM YOTA AND DV. Hmm....? 2 Quote Link to comment Share on other sites More sharing options...
blueskyline Posted August 5, 2019 Report Share Posted August 5, 2019 Thank You Yota . GA DV's ......Iraqi banknote denominated in 250 dinars ...but the similarity and convergence in colors....received from one of his customers this currency.....which he said is not known by scrutiny........ 4 Quote Link to comment Share on other sites More sharing options...
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