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Iran to delete 4 zeroes from the national currency


yota691
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Please keep in mind, that, if true, what has screwball been saying to go by Iran's law in calculating the rate, then the rate will be somewhere 2.38 provided that gold is still at 48dollars per gram...if the gold goes higher, the rate will be higher as well. Cheers

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2 minutes ago, navira said:

Please keep in mind, that, if true, what has screwball been saying to go by Iran's law in calculating the rate, then the rate will be somewhere 2.38 provided that gold is still at 48dollars per gram...if the gold goes higher, the rate will be higher as well. Cheers

2.38 per rial or tomans cousin or how that work lmao..i joined the fun lol!

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27 minutes ago, pokerplayer said:

 

You bet Chuck. Will let all the good folks here what is all involved Tax wise as well as what is required to actually cash in. Local bank manager is a friend so will ask what is required from outside folks ( USA ) as she might know or be able to find out.

 

  Cheers, pp

Thank You,  I am using this as a dry run when the dinar hits. Going to see what the banks, feds, and media does.  

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3 hours ago, navira said:

Hey peeps, U guys wanna talk about rial here or over at the foreign currency thread...there's a thread there where we can discuss this...

 

I’m Sure That They’d Be Happy To Discuss It In The LOP Section ! :o 

 

:D  :D  :D 

 

 

In "Tehran" .. Houses that we can not buy even after the deletion of the four zeros!


 Tuesday, August 13, 2019
 
67868714_499221660838585_1043137914273267712_n.jpg

 

Special: Translation - Mohammed Building:

 

House prices in the capital, Tehran, have jumped 5.91 percent in the last year, with the price per meter rising from 7 million toman to 3.13 million. The average price per square meter of buildings in Area 1 was 8.29 million Toms, in Area 2 it was 3.21 million Toms, and in Area 3 it was 7.23 million Toms, but in this report we have reached Worthy of reflection through researching the data of the property and real estate system. According to the Iranian newspaper (Verhekhtagan) close to the "moderate current."

According to research; 2,062 real estate transactions, out of 4,790, were sold in Tehran, in July, at prices exceeding one billion Toman. In other words, taking into account those prices, marital home loans and the purchase of housing for the first time, you can only buy several meters as a residence in the city of Tehran.

The research also found the sale of 25 properties in 14 neighborhoods in the city of Tehran, including; Between 50 - 98 million tons per meter.

Over the years, the idea of controlling this fictional price growth in the housing sector has been raised, but to no avail.

102-153716-tehran-hard-buy-home-any-pric

In this regard, economists attributed the rise in housing prices to the high volume of investment demand from the rich; Although they are convinced of the role of the local economic situation in the rise in housing prices, they do not deny the role of speculative activities and stress the role of the government in controlling the turmoil through tax instruments.

Still, the government is preoccupied with making negative statements, as did the Housing Minister, who said after months of silence: "Don't buy houses; prices will fall."

But will government inaction lead to falling prices in the "housing sector" ?!

The price per meter 98 million Toman! 

According to Tehran real estate transactions, the average price per square meter of buildings, in the capital, last July, 13 million 351 thousand tons.

However, after examining the data of the property and real estate system, we found other data worth pondering, where research showed that the sale of 25 properties in the city of `` Tehran '' for 50 million tons per square meter, while the price per square meter for the properties of `` Falahi Zaafaraniya '', 98 million tons. In the second place in terms of high prices, the properties of the street "Flavshan North" and "Ewank"; worth 96 million toman per square meter.

The price ranges from 50 to 54 billion toman

The total matrimonial housing loan and the purchase of housing for the first time do not exceed 180 million toman, an amount that could help purchase several meters of buildings in Tehran.

13692018_888-e1565690094297.jpg

According to the data; the most expensive real estate price in "Tehran" was in the area of "Sa'adabad"; an area of 1281 meters, worth 54 billion tons, and the second was in the region of "Wulang"; an area of 515 meters, valued at 5.49 billion tons.

Commission of the real estate adviser ..

The sale and purchase of real estate in Iran does not follow proper and accurate pricing mechanisms. Also, given the problems of control systems and the lack of laws such as the creation of a file for each building, etc., many citizens (especially those who sell or buy real estate) suffer a problem. Pricing with a real estate consultant.

Thus, both sides of the deal are constantly skeptical of the tendency of the real estate adviser to either party at the expense of the other. So I wouldn't mind taking a look at the real estate advisors committee to find out about citizen's concerns about buying or selling real estate more accurately.

 

Looking at the statistics of Astartakkilid, which cleverly evaluates the commission commission based on a number of different indicators such as property value, geographic area, etc., it is clear that the highest commission was in the Iwank Street deal, where it received 282 million toman.

e84e067b-3781-4d69-8999-86a48f447de5-e15

link

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9 minutes ago, DinarThug said:

 

I’m Sure That They’d Be Happy To Discuss It In The LOP Section ! :o 

 

:D  :D  :D 

 

 

In "Tehran" .. Houses that we can not buy even after the deletion of the four zeros!


 Tuesday, August 13, 2019
 
67868714_499221660838585_1043137914273267712_n.jpg

 

Special: Translation - Mohammed Building:

 

House prices in the capital, Tehran, have jumped 5.91 percent in the last year, with the price per meter rising from 7 million toman to 3.13 million. The average price per square meter of buildings in Area 1 was 8.29 million Toms, in Area 2 it was 3.21 million Toms, and in Area 3 it was 7.23 million Toms, but in this report we have reached Worthy of reflection through researching the data of the property and real estate system. According to the Iranian newspaper (Verhekhtagan) close to the "moderate current."

According to research; 2,062 real estate transactions, out of 4,790, were sold in Tehran, in July, at prices exceeding one billion Toman. In other words, taking into account those prices, marital home loans and the purchase of housing for the first time, you can only buy several meters as a residence in the city of Tehran.

The research also found the sale of 25 properties in 14 neighborhoods in the city of Tehran, including; Between 50 - 98 million tons per meter.

Over the years, the idea of controlling this fictional price growth in the housing sector has been raised, but to no avail.

102-153716-tehran-hard-buy-home-any-pric

In this regard, economists attributed the rise in housing prices to the high volume of investment demand from the rich; Although they are convinced of the role of the local economic situation in the rise in housing prices, they do not deny the role of speculative activities and stress the role of the government in controlling the turmoil through tax instruments.

Still, the government is preoccupied with making negative statements, as did the Housing Minister, who said after months of silence: "Don't buy houses; prices will fall."

But will government inaction lead to falling prices in the "housing sector" ?!

The price per meter 98 million Toman! 

According to Tehran real estate transactions, the average price per square meter of buildings, in the capital, last July, 13 million 351 thousand tons.

However, after examining the data of the property and real estate system, we found other data worth pondering, where research showed that the sale of 25 properties in the city of `` Tehran '' for 50 million tons per square meter, while the price per square meter for the properties of `` Falahi Zaafaraniya '', 98 million tons. In the second place in terms of high prices, the properties of the street "Flavshan North" and "Ewank"; worth 96 million toman per square meter.

The price ranges from 50 to 54 billion toman

The total matrimonial housing loan and the purchase of housing for the first time do not exceed 180 million toman, an amount that could help purchase several meters of buildings in Tehran.

13692018_888-e1565690094297.jpg

According to the data; the most expensive real estate price in "Tehran" was in the area of "Sa'adabad"; an area of 1281 meters, worth 54 billion tons, and the second was in the region of "Wulang"; an area of 515 meters, valued at 5.49 billion tons.

Commission of the real estate adviser ..

The sale and purchase of real estate in Iran does not follow proper and accurate pricing mechanisms. Also, given the problems of control systems and the lack of laws such as the creation of a file for each building, etc., many citizens (especially those who sell or buy real estate) suffer a problem. Pricing with a real estate consultant.

Thus, both sides of the deal are constantly skeptical of the tendency of the real estate adviser to either party at the expense of the other. So I wouldn't mind taking a look at the real estate advisors committee to find out about citizen's concerns about buying or selling real estate more accurately.

 

Looking at the statistics of Astartakkilid, which cleverly evaluates the commission commission based on a number of different indicators such as property value, geographic area, etc., it is clear that the highest commission was in the Iwank Street deal, where it received 282 million toman.

e84e067b-3781-4d69-8999-86a48f447de5-e15

link

Deletion of zeroes or as most refer to as a lop.

.the same goes with the dinar where its been talked about for years n years. The lop is never a good idea because it doesn't solve anything financially...it will generate more costly price on the values of things like the properties n so on.

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9 minutes ago, navira said:

Deletion of zeroes or as most refer to as a lop.

.the same goes with the dinar where its been talked about for years n years. The lop is never a good idea because it doesn't solve anything financially...it will generate more costly price on the values of things like the properties n so on.

"The lop is never a good idea because it doesn't solve anything financially"

Even trade. It just makes counting money easier. But, then after a LOP, every toman earned from then on out will have a better value. Just like mexico did some years back. It was like 10,000 pesos to the dollar and then it became 10 for a dollar after the lop. Now its about 19 to the dollar. 

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29 minutes ago, jg1 said:

"The lop is never a good idea because it doesn't solve anything financially"

Even trade. It just makes counting money easier. But, then after a LOP, every toman earned from then on out will have a better value. Just like mexico did some years back. It was like 10,000 pesos to the dollar and then it became 10 for a dollar after the lop. Now its about 19 to the dollar. 

 

JG would you say then that the benefit of a lop is long term vision/goal rather than immediate? 

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20 minutes ago, climber7 said:

 

JG would you say then that the benefit of a lop is long term vision/goal rather than immediate? 

From looking at what mexico did. Im thinking it helped them short and long term. Immediate benefit, is exchanging large zero bills for bills that had less zeros. Say, 10,000 pesos got you a bill that was 10. The new conversion was I give you $1.00  bill and I get 10 pesos. 

I believe the value dropped pretty quickly to 12 to the dollar. After the peso had dropped to 10,000 to the dollar people were pissed, but I think mexicans were pretty happy after that where it was pretty much a straight accross conversion. 

Of course now its dropped at times to 20 pesos to the dollar, not so good. 

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Just now, SONIA1 said:

It's not official until  Iranian parliament approve it first and god knows when they will.

They might be like Iraq years and years before they do anything.😁

 

Well we should know soon enough. I'm leaning towards it being made clear in the next few days at most.

 

  Cheers, pp

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51 minutes ago, SONIA1 said:

It's not official until  Iranian parliament approve it first and god knows when they will. They might be like Iraq years and years before they do anything.😁

 

Go Sonia - Go Sonia ! :o 

 

Snap Nene Leakes GIF - Snap NeneLeakes YouGoGirl GIFs
 
:D  :D  :D 
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53 minutes ago, SONIA1 said:

It's not official until  Iranian parliament approve it first and god knows when they will. They might be like Iraq years and years before they do anything.😁

 

Exactly ...................

 

IMHO (my opinion only ),  This whole thing/topic  smells like, more Insanian Propaganda, Deception and or Misinformation.

Too many bits and pieces that don't make economic and or political reality.

 

Just sayin'  ............. My opinion only. 

 

Hopefully for those holding Insanian currency this comes to fruition ...............  I am  :praying:  for you .................

Semper Fi:salute:

Go IQD RV

 

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8 hours ago, navira said:

Hey bro, let's go to the foreign currencies thread...i will show u the math

 

19 minutes ago, ametad said:

Can you link it up? I can’t find it. I want to see your math skillz  

 

Prepare To Be Completely Dazzled ! :o 

 

Math Mathe GIF - Math Mathe Matematiikka GIFs
 
:D  :D  :D 
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