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CBI Daily Currency Auction & Currency Exchange Rates - Thursday - 3/11/2021


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 Thursday - March 11, 2021

CBI - The results of the foreign currency sale window for Thursday, 3/11/2021, and executed today

Advertisement No. (4374)

Sale date - Thursday 3/11/2021 and executed today

Details
  Amount
Total sale for the purpose of strengthen outside assets (Transfers and credits)
78,970,000
Total sale cash
0
Total sale  amount
78,970,000

Note that:

  • The sale price of the sums transferred to bank accounts abroad is ( 1460 ) dinars per dollar.
  • The cash sale price is ( 1460 ) dinars per dollar.

 

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CBI Currency Exchange Rates

Thursday - 3/11/2021

 

US dollar USD 1460,000
Euro EUR 1736.524
Pound sterling GBP 2025.312
Canadian dollar CAD 1155.520
Swiss franc S.FR 1567.869
Swedish krona SEK 170.824
Norwegian krone NOK 172.208
Danish krone DKK 233.510
Japanese yen JPY 13.381
Chinese Yuan CNY 223.923
Australian dollar AUD 1118.798
Special drawing rights SDR 2084.165
Gold for 24-ounce Gold 2489505,000

 

 

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( IQD Rates - Updated: Thursday - 3/11/2021

Official Central Bank of Iraq (CBI) Dinar Rate:
1460 IQD to 1 USD

Dinar Market Rate: (CBI last reported 3-09-2020) * New Change
1462.500  IQD to 1 USD      

- Rates Are Within IMF 2% Rule: Yes 
- Are Rates IMF 2% Rule Compliant for 90 Days: No -- *only 82 days since 20 Dec 2020

:salute:Have a Blessed Thursday Everyone - GOD is Good & He's Faithful ...! RON

 

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10 hours ago, Dretown39 said:

Breitling put out audios in the past few months stating that after Iraq had devalued their currency to pay off/down debt that they will look at where they stand in April with the goal to adding value to the dinar.

Well there is your answer!! I think Breitling has been very knowledgeable of this investment over the years! Now if he is saying that the investment on the dinar is going into April! If that is true! You might as well put your dinar back on moth balls! Nothing is going to happen this year! Sorry for the bad news folks! I really hope I’m wrong, I don’t want to be a Debbie downer, just trying to be realistic! JMHO 

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On Tuesday March 23 the CBI will be in compliance with the IMF Art 8

90 days rule.

 

After budget approval, is possible that we can see the implementation of (Delete the 000) 

 

 

Go budget 2021

Go HCL

Go delete of 000

Go purchasing power 

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9 hours ago, Laid Back said:

On Tuesday March 23 the CBI will be in compliance with the IMF Art 8

90 days rule.

 

After budget approval, is possible that we can see the implementation of (Delete the 000) 

 

 

Go budget 2021

Go HCL

Go delete of 000

Go purchasing power 

Is it possible that they have been deliberately delaying the budget until they are close to, or at that 90 day mark? 
Appreciate your logic & optimism LB! :tiphat:

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9 hours ago, Artitech said:

Sorry to hurt your feelings little Jonny v! No reason to wear your feelings on your sleeve! 🤠

 

9 hours ago, Artitech said:

Sorry I hurt your feelings little man, no reason to wear your feelings on your sleeve! 🤠

 

What?  Didn't hurt my feelings.  I don't even know you.  I didn't even give you those Negs on your above posts.   

Edited by JonnyV
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13 minutes ago, Half Crazy Runner said:

Is it possible that they have been deliberately delaying the budget until they are close to, or at that 90 day mark? 
Appreciate your logic & optimism LB! :tiphat:

 

That's what I was thinking.  Time will tell.  

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