ronscarpa Posted May 17, 2020 Report Share Posted May 17, 2020 Sunday - May 17, 2020 CBI - Foreign Currency Selling Window for Sunday - 17/5/2020 Announcement No.(4191) Sale Date - 17/5/2020 Details Amount Total sale for the purpose of strengthen outside assets (Transfers and credits) 184,830,024 Total sale cash 16,050,000 Total sale amount 200,880,024 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. Link: » The Central Bank of Iraq sales schedule of foreign currency (amounts in thousands of dollars) Sunday 17/5/2020, implemented today Note: There was a Cash sale again for the first time in over a month. 1 2 Quote Link to comment Share on other sites More sharing options...
ronscarpa Posted May 17, 2020 Author Report Share Posted May 17, 2020 IQD CURRENCY EXCHANGE RATES Sunday - 5/17/2020 Exchange Rates US dollar USD 1190.000 Euro EUR 1294.125 Pound sterling GBP 1463.046 Canadian dollar CAD 844.031 Swiss franc S.FR 1228.260 Swedish krona SEK 121.602 Norwegian krone NOK 118.315 Danish krone DKK 173.578 Japanese yen JPY 11.099 Chinese Yuan CNY 167.733 Australian dollar AUD 770.287 Special drawing rights SDR 1621.637 Gold for 24-ounce Gold 2019328.800 1 2 Quote Link to comment Share on other sites More sharing options...
ronscarpa Posted May 17, 2020 Author Report Share Posted May 17, 2020 ( IQD Rates - Updated: Sunday - 5/17/2020 ) Official Central Bank of Iraq (CBI) Dinar Rate: 1190 IQD to 1 USD Dinar Market Rate: (CBI last reported 5-12-2020) 1233.00 IQD to 1 USD - Rates Are Within IMF 2% Rule: YES/NO.?? - Are Rates IMF 2% Rule Compliant for 90 Days: YES/NO? (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, and ongoing since 4-21-2020) Good Sunday Morning Dinar Vets... 2 2 Quote Link to comment Share on other sites More sharing options...
ronscarpa Posted May 17, 2020 Author Report Share Posted May 17, 2020 The actual 90 day average is 1213.4, and the allowable 2% deviation is 1213.8 - They are barely in a 90 day compliance. But it was my understanding that they needed to be in a monthly average compliance for the 90 days, so whether they are in compliance is questionable. However, this covid virus crisis may cause an exception to the 2% rule by the IMF because all the world's currencies have been seriously affected. Just something to consider. ALSO: Note that today's Currency Auction had a Cash Sale for the first time in well over a month, could the reason be to bring the rate back within the 2% compliance range. Food for thought...RON 3 2 Quote Link to comment Share on other sites More sharing options...
Catluver67 Posted May 17, 2020 Report Share Posted May 17, 2020 1 hour ago, ronscarpa said: ALSO: Note that today's Currency Auction had a Cash Sale for the first time in well over a month, could the reason be to bring the rate back within the 2% compliance range. Food for thought...RON Very interesting!!! Thanks Ron!! 1 Quote Link to comment Share on other sites More sharing options...
DinarThug Posted May 17, 2020 Report Share Posted May 17, 2020 LINK The dollar exchange rates fell for the second consecutive day 17th May, 2020 The dollar exchange rates fell for the second day on the Kifah Stock Exchange and local markets, on Sunday, May 17, 2020 The prices of the Kifah Stock Exchange - Baghdad recorded 123,300 dinars per 100 dollars Buying and selling prices in banking shops The sale price of the dollar = 123.750 dinars The purchase price of the dollar = 122.750 dinars 1 1 Quote Link to comment Share on other sites More sharing options...
ronscarpa Posted May 17, 2020 Author Report Share Posted May 17, 2020 13 minutes ago, DinarThug said: The dollar exchange rates fell for the second consecutive day Sunday, May 17, 2020 (the prices of the Kifah Stock Exchange - Baghdad recorded 123,300 dinars per 100 dollars ) Buying and selling prices in banking shops The sale price of the dollar = 1237.50 dinars The purchase price of the dollar = 1227.50 dinars Thanks Thug... appreciated...Ron 1 Quote Link to comment Share on other sites More sharing options...
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