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CBI Daily Auction & Currency Exchange Rates - Executed Monday -8/08/2022 for Wednesday - 8/10/2022


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Results of the foreign currency sale window for Wednesday 10/08/2022

Monday - August 08, 2022

Results of the foreign currency sale window for Wednesday 10/08/2022

Advertisement No. (4699)

Sale date - Wednesday 08/10/2022 

Details
  Amount
Total sale for the purpose of strengthen outside assets (Transfers and credits)
199,542,352
Total sale cash
88,900,000
Total sale  amount
288,442,352


Note that:

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

Link: » The Central Bank of Iraq’s foreign currency sales schedule, Wednesday 10/08/2022

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CBI Currency Exchange Rates
Monday - 8/08/2022

 

Currency Converter

US dollar USD 1460,000
Euro EUR 1494.018
Pound sterling GBP 1772.586
Canadian dollar CAD 1128,808
Swiss franc S.FR 1528.0236
Swedish krona SEK 144.156
Norwegian krone NOK 149.671
Danish krone DKK 200.767
Japanese yen JPY 10.977
Chinese Yuan CNY 216.389
Australian dollar AUD 1017.328
Special drawing rights SD 1931.142
Gold for 24-ounce Gold 2,571,212,500
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( IQD Rates - Updated: Monday - 8/08/2022)

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

Dinar Market Rate: (CBI last reported 8/11/2021) ** Still No Change Noted on CBI.IQ **
  1478.744 IQD to 1 USD

- Rates Are Within IMF 2% Rule: YES... (Rate is at 1.28383%) Started 16 June.
- Are Rates IMF 2% Rule Compliant for 90 Days: YES --  "418" days in compliance..! :twothumbs:

Have a Blessed Monday Everyone - JESUS is Faithful..! :tiphat:RON 

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Posted (edited)

Posted for Auction Continuity:

 

 

The results of the foreign currency sale window, Monday 8/8/2022

Sunday - August 07, 2022

The results of the foreign currency sale window, Monday 8/8/2022

Announcement No. (4698)

Sale date - Monday 8/8/2022   

Details
  Amount
Total sale for the purpose of strengthen outside assets (Transfers and credits)
224,195,935
Total sale cash
48,300,000
Total sale  amount
272,495,935

Note that:

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

Link: » The Central Bank of Iraq’s foreign currency sales schedule, Monday 8/8/2022  

Edited by ronscarpa
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Posted (edited)
8 hours ago, ronscarpa said:

NOTE:  On Monday the cash transactions were among the highest I've seen @  88,900,000

Also, NO Auction for Tuesday Sales..!

 

7 minutes ago, jake21 said:

I wish it meant something, but we've seen numbers, not this high but close before and it was business as usual. Again, I would love to wrong and they turn around and raise the rate.

 

Perhaps the cash sales were so high was to make up for no Auction for Tuesday...If averaged for 2 days (T & W) it would only be $44,450,000/day which is close to normal. :confused2:Just saying..!  RON 

Edited by ronscarpa
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