6ly410 Posted December 19, 2020 Report Share Posted December 19, 2020 1 2 Link to comment Share on other sites More sharing options...
Shelley Posted December 19, 2020 Report Share Posted December 19, 2020 7 minutes ago, rvmydinar said: The minister of finance set the exchange rate to 1450, 1 iqd=0.69 us. I can live with that. But the cbi set the exchange rate to 145, that means 1 iqd=6.9 us. Wow, this is the best rate i have ever seen in my whole life. Life is good. Possum is that you ? Just kidding I couldn’t resist 1 3 1 Link to comment Share on other sites More sharing options...
rvmydinar Posted December 19, 2020 Report Share Posted December 19, 2020 4 minutes ago, 6ly410 said: The Central Bank announced the adoption of new exchange rates for the dollar to 145 dinars against the dollar. Wouw this is a very big news. The cbi suprise us with a new exchange rate to 145 dinar, drop 3 zeros, then 1 iqd=6.9 us. Wow this is the best rv rate i have ever seen in my whole life. Come rv closer. 2 2 Link to comment Share on other sites More sharing options...
Jaygo Posted December 19, 2020 Report Share Posted December 19, 2020 3 minutes ago, rvmydinar said: Wouw this is a very big news. The cbi suprise us with a new exchange rate to 145 dinar, drop 3 zeros, then 1 iqd=6.9 us. Wow this is the best rv rate i have ever seen in my whole life. Come rv closer. Nope. 1450 1 2 1 Link to comment Share on other sites More sharing options...
rvmydinar Posted December 19, 2020 Report Share Posted December 19, 2020 12 minutes ago, Jaygo said: Why do I feel like something else is about to happen here besides just a 1450 rate change?????? We have had many issues with translation with what these people say... Could we be missing something????? Not getting excited yet been here for too long BUT,.............. If the sentences and words were written in arabic language, and using like the goggle translation to translate from arabic to english, then we sometimes have problem with translation, this is definitely right. But if the number like 11 or 12 combined together , like the address ( the name of the street + the number ) in arabic languages then using goggle translation, i am pretty sure the number like " 21 or 22 " will remains the same " 21 or 22 ", there will be no change in the number. Do you understand what i mean? Link to comment Share on other sites More sharing options...
GregHi Posted December 19, 2020 Report Share Posted December 19, 2020 13 minutes ago, rvmydinar said: Wouw this is a very big news. The cbi suprise us with a new exchange rate to 145 dinar, drop 3 zeros, then 1 iqd=6.9 us. Wow this is the best rv rate i have ever seen in my whole life. Come rv closer. The 145 really means 1450.. even my Shia friend texted me yesterday and said looks like the new rate is 145.. I guess it’s just how they talk about the rate, without the last zero.. 1 3 Link to comment Share on other sites More sharing options...
rvmydinar Posted December 19, 2020 Report Share Posted December 19, 2020 11 minutes ago, Jaygo said: Nope. 1450 Unless someone can show us the original article written in arabic languages, then we can look the articles together to prove that 145 dinar is wrong. Link to comment Share on other sites More sharing options...
Laid Back Posted December 19, 2020 Report Share Posted December 19, 2020 New rate 1450 IQD per $1..... Around 22% devaluation of the dinar This is a brilliant plan by the CBI and finance minister I bet the Iraq citizens are in panic, looking to buy dollars to protect their savings from devaluation This will help increase the financial inclusion This will help to collect 000 This will help to reduce the monetary mass ( sucking in chunky money) Good for the CBI but not for the Iraq citizens.! We wait and see.! Go new rate Go delete the 000 Go RV 1 1 1 4 5 Link to comment Share on other sites More sharing options...
WheresmyRV? Posted December 19, 2020 Report Share Posted December 19, 2020 1 minute ago, GregHi said: The 145 really means 1450.. even my Shia friend texted me yesterday and said looks like the new rate is 145.. I guess it’s just how they talk about the rate, without the last zero.. If the rate is 145 what does that give us? Link to comment Share on other sites More sharing options...
rvmydinar Posted December 19, 2020 Report Share Posted December 19, 2020 2 minutes ago, GregHi said: The 145 really means 1450.. even my Shia friend texted me yesterday and said looks like the new rate is 145.. I guess it’s just how they talk about the rate, without the last zero.. Thanks for your clear explanation then. 1 Link to comment Share on other sites More sharing options...
Dinarrock Posted December 19, 2020 Report Share Posted December 19, 2020 2 minutes ago, WheresmyRV? said: If the rate is 145 what does that give us? If you are asking what the RV rate will be if they drop the zeros from the 1450 rate then it will be .69 cents! 1 2 Link to comment Share on other sites More sharing options...
6ly410 Posted December 19, 2020 Report Share Posted December 19, 2020 ..go go RV 1 Link to comment Share on other sites More sharing options...
davis411 Posted December 19, 2020 Report Share Posted December 19, 2020 33 minutes ago, rvmydinar said: my whole life. Life is good. Will advise once I cash out 2 Link to comment Share on other sites More sharing options...
rvmydinar Posted December 19, 2020 Report Share Posted December 19, 2020 4 minutes ago, WheresmyRV? said: If the rate is 145 what does that give us? If the rate is 145, then 1/145, after that delete 3 zeros, finally 1 iqd=6.9 us. Actually this is the best rv rate if this really comes true. 1 2 Link to comment Share on other sites More sharing options...
6ly410 Posted December 19, 2020 Report Share Posted December 19, 2020 - Economy news • Iraq news now • urgent After the statements of the Minister of Finance ... know the exchange rate of the US dollar on the Kifah Stock Exchange Posted 1 hour ago https://iraqakhbar.com/2813555 News source / newsroom News source / newsroom The exchange rate of the US dollar against the Iraqi dinar jumped on the Al-Kifah Stock Exchange this evening, Saturday, December 19, 2020, following the statements of the Iraqi Finance Minister Ali Allawi. The exchange rate of the US dollar in Baghdad ranged between 1400 and 1370 Iraqi dinars per dollar, amid a state of confusion in the market. The Minister of Finance, Ali Allawi, said, Saturday, that the closest selling price to the local market will be 1450 dinars to one dollar in the 2021 budget. "The Ministry of Finance will issue a statement at a later time to raise the exchange rate to 1450 dinars to one dollar," the minister said in televised statements. He added that "the price of the dollar set at 1450 will be the approved price of selling from the finance to the central bank, and the margin that the central bank will add will not be large and may reach 1490 dinars against the dollar, which is the closest to the market price Link to comment Share on other sites More sharing options...
mr.unlikely Posted December 19, 2020 Report Share Posted December 19, 2020 What a revoltin development! 3 Link to comment Share on other sites More sharing options...
DropItLikeItsHot Posted December 19, 2020 Report Share Posted December 19, 2020 Things that make you go Hmmmmm....... Does anyone else find it "Funny" that 1 Special Drawing Right =1.4457 American Dollar As my wife would say, "Just Say'en" SDR USD coinmill.com 0.50 0.72 1.00 1.44 2.00 2.89 5.00 7.22 10.00 14.44 20.00 28.88 50.00 72.20 100.00 144.40 200.00 288.79 500.00 721.99 1000.00 1443.97 2000.00 2887.94 5000.00 7219.86 10,000.00 14,439.72 20,000.00 28,879.45 50,000.00 72,198.62 100,000.00 144,397.24 SDR rate December 17, 2020 1 2 1 Link to comment Share on other sites More sharing options...
DinarDavo Posted December 19, 2020 Report Share Posted December 19, 2020 From the CBI website.....what is the relationship to the chart above? US dollar USD 1190,000 Euro EUR 1450.491 Pound sterling GBP 1610.427 Canadian dollar CAD 933.114 Swiss franc S.FR 1343.874 Swedish krona SEK 142.602 Norwegian krone NOK 137.113 Danish krone DKK 194.919 Japanese yen JPY 11.475 Chinese Yuan CNY 181.910 Australian dollar AUD 900.116 Special drawing rights SDR 1715.873 Gold for 24-ounce Gold 2189004.900 1 Link to comment Share on other sites More sharing options...
blueskyline Posted December 19, 2020 Report Share Posted December 19, 2020 Thank You Yota . GM DV's .....It sure looks like they are tying on the fat ladies corset .We can only hope 3 Link to comment Share on other sites More sharing options...
WheresmyRV? Posted December 19, 2020 Report Share Posted December 19, 2020 13 minutes ago, DropItLikeItsHot said: Things that make you go Hmmmmm....... Does anyone else find it "Funny" that 1 Special Drawing Right =1.4457 American Dollar As my wife would say, "Just Say'en" SDR USD coinmill.com 0.50 0.72 1.00 1.44 2.00 2.89 5.00 7.22 10.00 14.44 20.00 28.88 50.00 72.20 100.00 144.40 200.00 288.79 500.00 721.99 1000.00 1443.97 2000.00 2887.94 5000.00 7219.86 10,000.00 14,439.72 20,000.00 28,879.45 50,000.00 72,198.62 100,000.00 144,397.24 SDR rate December 17, 2020 What was it before? Link to comment Share on other sites More sharing options...
rvmydinar Posted December 19, 2020 Report Share Posted December 19, 2020 3 minutes ago, DinarDavo said: From the CBI website.....what is the relationship to the chart above? US dollar USD 1190,000 Euro EUR 1450.491 Pound sterling GBP 1610.427 Canadian dollar CAD 933.114 Swiss franc S.FR 1343.874 Swedish krona SEK 142.602 Norwegian krone NOK 137.113 Danish krone DKK 194.919 Japanese yen JPY 11.475 Chinese Yuan CNY 181.910 Australian dollar AUD 900.116 Special drawing rights SDR 1715.873 Gold for 24-ounce Gold 2189004.900 When we see sdr 1715.873 and 1us=1190 iqd. Then 1715.873/1190=1.4419. This means 1 sdr=1.4419 us dollar. This rate is almost the same as the rate on the chart above 1 sdr=1.44 usd from dropitlikeitshot. 1 4 Link to comment Share on other sites More sharing options...
Dinarrock Posted December 19, 2020 Report Share Posted December 19, 2020 2 minutes ago, rvmydinar said: When we see sdr 1715.873 and 1us=1190 iqd. Then 1715.873/1190=1.4419. This means 1 sdr=1.4419 us dollar. This rate is almost the same as the rate on the chart above 1 sdr=1.44 usd from dropitlikeitshot. Excellent posts my dinar friends all of this is Not a coincidence!! I am getting the butterflies in my stomach today seriously lol!!! Come on RV let’s getRdone!! 3 Link to comment Share on other sites More sharing options...
rvmydinar Posted December 19, 2020 Report Share Posted December 19, 2020 5 minutes ago, Dinarrock said: all of this is Not a coincidence!! So you were saying that iqd will peg to the sdr which is 1.44 usd? So 1 iqd=1.44 usd. Wow i think everyone can live with 1.44 us. 2 Link to comment Share on other sites More sharing options...
Dinarrock Posted December 19, 2020 Report Share Posted December 19, 2020 (edited) Let’s hope so I like $1.44 better then .69 cents!! Lol Thats a difference for me of say a nice 35 foot boat to a 55-60 foot Yacht!!! Edited December 19, 2020 by Dinarrock 1 3 2 Link to comment Share on other sites More sharing options...
bkeiller Posted December 19, 2020 Report Share Posted December 19, 2020 1 hour ago, Jaygo said: Why do I feel like something else is about to happen here besides just a 1450 rate change?????? We have had many issues with translation with what these people say... Could we be missing something????? Not getting excited yet been here for too long BUT,.............. Never let a crisis go to waste? 1 Link to comment Share on other sites More sharing options...
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