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CBI Daily Auction & Currency Exchange Rates - Tuesday - 2/21/023


ronscarpa
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The results of the foreign currency sale window, Tuesday, 2/21/2023

Tuesday - February 21, 2023

The results of the foreign currency sale window For Tuesday 2/21/2023

Announcement No. (4832)

Sale Date: Tuesday, 2/21/2023

Details
  Amount
Total Amount of transfers abroad (remittances and credits)
76,816,897
Total sale cash
52,200,000
Total sale  amount
129,016,897

Note that:

  • The price of selling amounts of documentary credits and international settlements for electronic cards is ( 1305 ) dinars per dollar.
  • The selling price of remittances abroad is ( 1310 ) dinars per dollar.
  • The cash selling price is ( 1310 ) dinars per dollar.
     

Link: » The Central Bank of Iraq’s sales schedule of foreign currency, Tuesday, 2/21/2023

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CBI Currency Exchange Rates
Tuesday - 2/21/2023

 

Currency Converter 

US dollar USD 1,310,000
Euro EUR 1,399,342
Pound Sterling GBP 1,576,978
Canadian Dollar CAD 973,905
Swiss Franc CHF 1,418,670
Swedish krone SEK 126,705
Norwegian krone NOK 128,214
Danish crown DKK 187,989
Japanese yen JPY 9,759
Chinese Yuan CNY 191,126
UAE Dirham AED 356,686
Jordanian Dinar JOD 1,848,455
Australian Dollar AUD 904,555
Special drawing rights SDR 1,743,571
Gold for a 24-ounce Gold 2,394,262,000
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( IQD Rates - Updated: Tuesday - 2/21/2023 )

Official Central Bank of Iraq (CBI) Dinar Rate:
1310 IQD to 1 USD


The latest selling price of the dollar was 150,000 dinars per 100 dollars, while the buying price of the dollar was 149,500 dinars per 100 dollars. This is 1 day old information.

 

:tiphat:Have a Blessed Tuesday - Almighty GOD is Faithful..! :easyrider:RON 

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In My Opinion, the CBI needs to come out at a significant rate. At 1310 IQD/USD the rate is $0.0007633. Drop the 3 Zero's and you have a rate of $0.7633 (76 cents) - in my mind that would be a minimum start. Then let it float to $1, then upwards over time. This makes sense to me. What do you all think..?? :tiphat:RON  

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59 minutes ago, ronscarpa said:

In My Opinion, the CBI needs to come out at a significant rate. At 1310 IQD/USD the rate is $0.0007633. Drop the 3 Zero's and you have a rate of $0.7633 (76 cents) - in my mind that would be a minimum start. Then let it float to $1, then upwards over time. This makes sense to me. What do you all think..?? :tiphat:RON  

Makes sense. I've been of the opinion of starting at $0.50-$1.00. Folks suggesting 10 cents or lower doesn't add up to me. Hopefully soon all of our financial goals & dreams will come true!🙏

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