yota691 Posted December 22, 2020 Author Report Share Posted December 22, 2020 Low exchange rates of the dollar in Baghdad and Kurdistan 2020-12-22 02:14 Shafaq News / The exchange rates of the dollar decreased in the markets of Baghdad and Kurdistan today, Tuesday, December 22, 2020. The Shafaq News Agency correspondent said that the Al-Kifah Central Stock Exchange in Baghdad registered 140,000 Iraqi dinars today for 100 US dollars, which is the same price as Al-Harithiya Stock Exchange in Baghdad. Yesterday, Monday, the Kifah Stock Exchange recorded 142500 Iraqi dinars against 100 US dollars at the opening, before witnessing volatility, as it recorded the exchange rate of 138,500 at noon, before closing at 141,000 dinars. Our correspondent indicated that the selling and buying prices also decreased in the exchange shops in the local markets in Baghdad, where the selling price reached 141,000 Iraqi dinars, while the purchase prices reached 139,000 dinars per 100 US dollars. In Irbil, the capital of the Kurdistan Region, the dollar prices also witnessed a decline, and the selling price reached 141,000 per hundred dollars, and the purchase at 139,000 per hundred US dollars. 1 2 Quote Link to comment Share on other sites More sharing options...
yota691 Posted December 22, 2020 Author Report Share Posted December 22, 2020 A decrease in the exchange rates of the dollar Time: 12/22/2020 10:37:41 Read: 65,650 times {Baghdad: Al Furat News} The exchange rates of the dollar fell in Baghdad markets, today, Tuesday. Al-Kifah Central Stock Exchange in Baghdad registered 140,000 Iraqi dinars against 100 US dollars, which is the same price as Al-Harithiya Stock Exchange in Baghdad. Yesterday, Monday, the Kifah Stock Exchange recorded 142500 Iraqi dinars against 100 US dollars at the opening, before witnessing volatility, as it recorded the exchange rate of 138,500 at noon, before closing at 141,000 dinars. It is noteworthy that the buying and selling prices also decreased in the exchange shops in the local markets in Baghdad, where the selling price reached 141,000 Iraqi dinars, while the purchase prices reached 139,000 dinars per 100 US dollars. 1 1 Quote Link to comment Share on other sites More sharing options...
jeepguy Posted December 22, 2020 Report Share Posted December 22, 2020 what did they think was going to happen ? every body with dinar stuffed in mattress running too the bank to loose money on a transaction ! 1 Quote Link to comment Share on other sites More sharing options...
Jaygo Posted December 22, 2020 Report Share Posted December 22, 2020 45 minutes ago, jeepguy said: what did they think was going to happen ? every body with dinar stuffed in mattress running too the bank to loose money on a transaction ! 🤦🏻 Quote Link to comment Share on other sites More sharing options...
haymon Posted December 22, 2020 Report Share Posted December 22, 2020 Time to buy. . Quote Link to comment Share on other sites More sharing options...
jeepguy Posted December 22, 2020 Report Share Posted December 22, 2020 2 hours ago, haymon said: Time to buy. . Wondering who has loose cash around that is willing/ able to buy dinar now , future is uncertain for the folks who are really struggling, ( but this would be a good time to revalue dinar , as the pandemic has strapped the medium average family of money to do a buy of dinar , and inside Iraq this would help in the purchasing of products after the fact, and stimulate their economy) in my thinking... 2 1 Quote Link to comment Share on other sites More sharing options...
yota691 Posted December 23, 2020 Author Report Share Posted December 23, 2020 "Progress" publishes the exchange rates of the dollar and foreign currencies in Iraq 16 hours ago 553 "Takadam" agency publishes the exchange rate of the dollar and foreign currencies on the Iraqi market. The price of the dollar against the Iraqi dinar Exchange offices prices: The sale price of the dollar is 142,000 The purchase price of the dollar is 139,000 approximate ـــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــ The price of the dollar against the Iranian Toman Baghdad $ 100 2530 Toman approximate ـــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــ Global foreign currencies 100 euros $ 122.19 100 pounds $ 134.00 100 $ 766.64 Turkish Liras ـــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــ Minerals The price of an ounce of gold worldwide is $ 1870.06 ـــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــ Oil The price of a barrel of Brent crude oil is $ 49.75 The price of a barrel of US crude oil is $ 46.80 1 3 Quote Link to comment Share on other sites More sharing options...
blueskyline Posted December 23, 2020 Report Share Posted December 23, 2020 https://shafaq.com/amp/ar/اقتصـاد/انخفاض-اسعار-صرف-الدولار-في-بغداد-وكوردستان-3.... Low exchange rates of the dollar in Baghdad and Kurdistan 2020-12-22 07:14:36 Shafaq News / The exchange rates of the dollar decreased in the markets of Baghdad and Kurdistan today, Tuesday, December 22, 2020. The Shafaq News Agency correspondent said that the Al-Kifah Central Stock Exchange in Baghdad registered 140,000 Iraqi dinars today for 100 US dollars, which is the same price as Al-Harithiya Stock Exchange in Baghdad. Yesterday, Monday, the Kifah Stock Exchange recorded 142500 Iraqi dinars against 100 US dollars at the opening, before witnessing volatility, as it recorded the exchange rate of 138,500 at noon, before closing at 141,000 dinars. Our correspondent indicated that the selling and buying prices also decreased in the exchange shops in the local markets in Baghdad, where the selling price reached 141,000 Iraqi dinars, while the purchase prices reached 139,000 dinars per 100 US dollars. In Erbil, the capital of the Kurdistan Region, the dollar prices also witnessed a decline, and the selling price reached 141,000 per hundred dollars, and the purchase at 139,000 per hundred US dollars. 4 1 Quote Link to comment Share on other sites More sharing options...
blueskyline Posted December 23, 2020 Report Share Posted December 23, 2020 I remember an article years ago that spoke of the exchange rate gracefully floating down to a certain amount before a value change ? 2 Quote Link to comment Share on other sites More sharing options...
yota691 Posted December 23, 2020 Author Report Share Posted December 23, 2020 Stability of dollar exchange rates in Baghdad and the Kurdistan Region 2020-12-23 02:18 Shafaq News / The exchange rates of the dollar stabilized in the markets of Baghdad and Kurdistan today, Wednesday, December 23, 2020. Shafaq News Agency correspondent said that the Al-Kifah Central Stock Exchange in Baghdad registered 140,500 Iraqi dinars against 100 US dollars today, and Al-Harithiya Stock Exchange in Baghdad recorded 140,500 dinars compared to 100 dollars. On the other hand, Al-Kifah Central Stock Exchange in Baghdad recorded 140,500 Iraqi dinars against 100 US dollars. Our correspondent indicated that the buying and selling prices also stabilized in the exchange shops in the local markets in Baghdad, where the selling price reached 141500 Iraqi dinars, while the purchase prices reached 139,500 dinars per 100 US dollars. As for Erbil, the capital of the Kurdistan Region, the dollar price has also stabilized, and the selling price reached 141,000 per hundred dollars, and the purchase at 140,000 per hundred US dollars. 1 2 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted December 23, 2020 Report Share Posted December 23, 2020 A big rise ... a sudden reversal of the dollar exchange rate in Baghdad for the third consecutive day https://iraqakhbar.com/2820539 News source / newsroom The exchange rate of the US dollar on the Al-Kifah Stock Exchange in the capital Baghdad witnessed a rapid transformation and a sudden rise was recorded after it stabilized in the morning, amid a clear state of instability and uncertainty of the situation and fears of a change in prices by the Central Bank. A few minutes ago (at 14:20 pm), the Kifah Stock Exchange recorded a significant increase, the price of 142,000 dinars against $ 100. A bank source said that the Central Al-Kifah Stock Exchange in Baghdad recorded this afternoon 141,000 Iraqi dinars for 100 US dollars. And the morning prices were recorded at 140,500 and 140,800, respectively, against $ 100 3 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted December 23, 2020 Report Share Posted December 23, 2020 The high price of the dollar in Iraq ... but it is below the central rate Time: 12/23/2020 18:48:24 https://alforatnews.com/news/ارتفاع-اسعار-الدولار-في-العراق-لكنها-دون-سعر-المركزي {Baghdad: Al Furat News} The exchange rate of the dollar continued to rise in the local market in all governorates of Iraq. And the exchange rate in Baghdad was recorded at 1410,500 dinars against the dollar for sale and 1400 for purchase, while the sale price in Karrada, Al Mansour and Al Harithiya exchange was recorded at 1420 and 1400 for purchase. A financial source confirmed that the Central Bank is currently buying the dollar at 1450 dinars from banks in order to withdraw the dollar on the market and re-pump the dollar after fixing its price at 1460. In the southern governorates, the exchange rate ranged between 1430 for sale and 1410 for purchase. In the Kurdistan region, the exchange rate rose before the closure to 1440 for sale and 1390 for purchase, while it reached 1430 for sale and 1400; The exchange rate in Mosul and Ramadi was 1420 for sale and 1400 for purchase, while in Salah and Kirkuk, 1441 was recorded for sale and 1390 for purchase. Raghad Daham 3 Quote Link to comment Share on other sites More sharing options...
bkeiller Posted December 23, 2020 Report Share Posted December 23, 2020 The Forex still shows the 1190 rate: https://forex.tradingcharts.com/chart/US Dollar_Iraqi Dinar.html 🤪 3 Quote Link to comment Share on other sites More sharing options...
gh0str1der Posted December 23, 2020 Report Share Posted December 23, 2020 2 hours ago, bkeiller said: The Forex still shows the 1190 rate: https://forex.tradingcharts.com/chart/US Dollar_Iraqi Dinar.html 🤪 Now it shows the new rate (1453.8). 3 Quote Link to comment Share on other sites More sharing options...
gh0str1der Posted December 23, 2020 Report Share Posted December 23, 2020 14 minutes ago, gh0str1der said: Now it shows the new rate (1453.8). 3 Quote Link to comment Share on other sites More sharing options...
rvmydinar Posted December 24, 2020 Report Share Posted December 24, 2020 11 hours ago, gh0str1der said: Now it shows the new rate (1453.8). it is still 1190 guys. hopefully, the iqd rate will change from 1460 to 1190. sorry guys i can"t copy and paste the chart. USD to IQD Chart 23 Dec 2020 06:10 UTC - 24 Dec 2020 06:13 UTC USD/IQD close:1187.19537 low:1187.19537 high:1190.52912 link : https://www.xe.com/currencycharts/?from=USD&to=IQD&view=1D 1 Quote Link to comment Share on other sites More sharing options...
rvmydinar Posted December 24, 2020 Report Share Posted December 24, 2020 11 hours ago, gh0str1der said: Now it shows the new rate (1453.8). it is still 1190, too guys, IQD - Iraqi Dinar. Currency Conversion Rate // updated: Thu Dec 24 2020 Major World Currencies Iraqi Dinar to United States Dollar, $ (USD) 0.0008403 Iraqi Dinar to Euro, € (EUR) 0.0006887 Iraqi Dinar to British Pound Sterling, £ (GBP) 0.0006211 Iraqi Dinar to Japanese Yen, ¥ (JPY) 0.08705 Iraqi Dinar to Swiss Franc, Fr (CHF) 0.0007456 link :https://www.convert-me.com/en/convert/currency/IQD.html?u=IQD&v=1 1 1 Quote Link to comment Share on other sites More sharing options...
rvmydinar Posted December 24, 2020 Report Share Posted December 24, 2020 12 hours ago, gh0str1der said: Now it shows the new rate (1453.8). it is still 1190 iqd=0.0008 us. it is coming from world data guys. Countries that use the Iraqi Dinar The Iraqi Dinar is an official national currency and used only in Iraq. 1 Dinar is devided into 1000 Fils. 1.00 Iraqi Dinar = 0.0008 US Dollar (date: 12/23/2020) Currency: Convert to: Amount: ↔ Reverse currencies link : https://www.worlddata.info/currencies/iqd-iraqi-dinar.php Quote Link to comment Share on other sites More sharing options...
Theseus Posted December 24, 2020 Report Share Posted December 24, 2020 On 12/20/2020 at 8:28 AM, rvmydinar said: So from now on, $1=1460 iqd is going to be the new fixed exchange rate. So can this new exchange rate 1460 be put back to where it was before 1190? No before it was 1190 it was 1166. Iraq has literally taken two steps back. Quote Link to comment Share on other sites More sharing options...
Theseus Posted December 24, 2020 Report Share Posted December 24, 2020 (edited) 4 hours ago, rvmydinar said: it is still 1190 guys. hopefully, the iqd rate will change from 1460 to 1190. sorry guys i can"t copy and paste the chart. USD to IQD Chart 23 Dec 2020 06:10 UTC - 24 Dec 2020 06:13 UTC USD/IQD close:1187.19537 low:1187.19537 high:1190.52912 link : https://www.xe.com/currencycharts/?from=USD&to=IQD&view=1D I would tend to think that the site for the Central Bank of Iraq trumps XE considering that is actually the horse's mouth. And to boot the auction was held at the 1460 rate. No let's hope they remove the 3 zeros from the exchange rate soon not go back to the 1190 rate. Edited December 24, 2020 by Theseus 1 2 Quote Link to comment Share on other sites More sharing options...
screwball Posted December 24, 2020 Report Share Posted December 24, 2020 16 hours ago, gh0str1der said: Now it shows the new rate (1453.8). Not in xe.com 1187.00 Quote Link to comment Share on other sites More sharing options...
screwball Posted December 24, 2020 Report Share Posted December 24, 2020 22 minutes ago, Theseus said: No before it was 1190 it was 1166. Iraq has literally taken two steps back. Thoughts why Quote Link to comment Share on other sites More sharing options...
rvmydinar Posted December 24, 2020 Report Share Posted December 24, 2020 15 minutes ago, Theseus said: I would tend to think that the site for the Central Bank of Iraq trumps XE considering that is actually the horse's mouth. And to boot the auction was held at the 1460 rate. No let's hope they remove the 3 zeros from the exchange rate soon not go back to the 1190 rate. As we know that the riot and the protest keep going out of control and never stop because the price of all imported goods increase more than 20%. That's why the goi and cbi have no other choices, but to increase the value of iqd from 1460 to 1000 or less immediately before it gets worse and worse. If i say if the goi and cbi can take immediate action to increase the rate to, let's say 1000 or less, then i am pretty sure the riot and the protest will stop immediately because the price of all imported goods will already back to normal again. And the dinar investors are also happy because let's say if the rate is back to 1000, then 1/1000=0.001, delete 3 zeros, then 1 iqd=$1. I hope i was wrong. Do you folks think there are other best choices/solutions ( except to increase the value of iqd ) to stop the riot and the protest and to return the price of all imported goods back to normal again? 1 1 Quote Link to comment Share on other sites More sharing options...
screwball Posted December 24, 2020 Report Share Posted December 24, 2020 4 minutes ago, rvmydinar said: As we know that the riot and the protest keep going out of control and never stop because the price of all imported goods increase more than 20%. That's why the goi and cbi have no other choices, but to increase the value of iqd from 1460 to 1000 or less immediately before it gets worse and worse. If i say if the goi and cbi can take immediate action to increase the rate to, let's say 1000 or less, then i am pretty sure the riot and the protest will stop immediately because the price of all imported goods will already back to normal again. And the dinar investors are also happy because let's say if the rate is back to 1000, then 1/1000=0.001, delete 3 zeros, then 1 iqd=$1. I hope i was wrong. Do you folks think there are other best choices/solutions ( except to increase the value of iqd ) to stop the riot and the protest and to return the price of all imported goods back to normal again? They have to increase get off program rate and open up economy 2 Quote Link to comment Share on other sites More sharing options...
Theseus Posted December 24, 2020 Report Share Posted December 24, 2020 2 hours ago, rvmydinar said: As we know that the riot and the protest keep going out of control and never stop because the price of all imported goods increase more than 20%. That's why the goi and cbi have no other choices, but to increase the value of iqd from 1460 to 1000 or less immediately before it gets worse and worse. If i say if the goi and cbi can take immediate action to increase the rate to, let's say 1000 or less, then i am pretty sure the riot and the protest will stop immediately because the price of all imported goods will already back to normal again. And the dinar investors are also happy because let's say if the rate is back to 1000, then 1/1000=0.001, delete 3 zeros, then 1 iqd=$1. I hope i was wrong. Do you folks think there are other best choices/solutions ( except to increase the value of iqd ) to stop the riot and the protest and to return the price of all imported goods back to normal again? Your logic is all wrong. Nothing is going to make the investors happy until Iraq RVs at a much greater rate like a USD or above. You want to make people unhappy (everyone including Iraqis), have Iraq say they are going to change the rate to 1190 and not on par or above the USD. At one point in time the IQD was near 4400 to 1 but that was near the beginning. When I entered this investment it was 1166 then they changed it to 1190. That was before 2012 when Shabibi was to have said he as the head of the CBI changed the rate to above a USD. At the time Smelly Maliki was head of Iraq and Shabibi fled for his life to where he is now. So no, no one is going to be happy at 1000 to or 1190 to 1. Just like Screwball stated, until they get off the program rate and raise, not lower, the dinar to some value that is above a penny will people be happy, including Iraqis. I never consult the XE charts on IQD because it is not "officially" traded or on the international market. So XE is pointless until the IQD goes international. Most people on here will quote the CBI.IQ site and occasionally someone pips up (pun intended) about the price of the dinar on XE. XE is not the official rate. For example I bought most of my dinar from Xchange of America, they are showing 740 IQD to 1 USD but selling 25K notes uncirculated for 1,350 USD per million. I would take XE with a grain of sand and always confer with the official CBI site to find the price of the IQD. Riots and protestors don't even play into the picture at this point because if they had the exchange rate would have gone in the other direction. Riots and protestors are mad because Iraq is corrupt and they want the corruption stopped. You see where that got them, in the wrong direction for their currency. Besides the last round of riot, not the current one, was more than likely a setup by Iran. But we won't get into that. 1 2 3 Quote Link to comment Share on other sites More sharing options...
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