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CBI Daily Auction & Currency Exchange Rates - Tuesday - 2/04/2020


ronscarpa
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Tuesday - February 04, 2020

Foreign Currency Selling Window for Monday - 10/2/2020 that was performed on Tuesday - 4/2/2020

Announcement No.(4139)

Sale Date -  10/2/2020 performed on Monday - 4/2/2020

Details
  Amount
Total sale for the purpose of strengthen outside assets (Transfers and credits)
206,368,848
Total sale cash
29,800,000
Total sale  amount
236,168,848

Note:

  • Selling price of remittance money to bank accounts outside is (1190) ID for each Dollar.
  • Cash selling price is (1190) ID for each Dollar.
 
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IQD Currency Exchange Rates

Tuesday - 2/04/2020

 

US dollar USD 1190.000
Euro EUR 1316.854
Pound sterling GBP 1553.605
Canadian dollar CAD 896.422
Swiss franc S.FR 1233.480
Swedish krona SEK 123.512
Norwegian krone NOK 128.361
Danish krone DKK 176.218
Japanese yen JPY 10.966
Chinese Yuan CNY 169.484
Australian dollar AUD 796.824
Special drawing rights SDR 1638.761
Gold for 24-ounce Gold 1861354.500
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( IQD Rates - Updated: Tuesday - 2/4/2020 )

Official Central Bank of Iraq (CBI) Dinar Rate:
1190 IQD to 1 USD

Dinar Market Rate: (CBI last reported 2-3-2020)
1194.147 IQD to 1 USD

- Rates Are Within IMF 2% Rule: YES
- Are Rates IMF 2% Rule Compliant for 90 Days: YES (maintained since ~Mar. 15, 2018 & Iraq Market since ~Nov. 14, 2018)      (NOTE: rates were out of compliance for 3 days starting 11-5-2019 & 2 days starting 1-7-2020

:tiphat:

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What a way to sell more currency than they need to sell. This auction was for next week. Pretty soon it'll be currency auction for January 1, 2021 held on 6/2/20. What will the currency auctions next week be for? Next month?

imwish these knuckle dragging mouth breathers wouldn't do something good for friggen change.

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