screwball Posted April 20, 2023 Report Share Posted April 20, 2023 5 hours ago, NMP2017 said: WOW! this would even give Warka enough to give clients our money back! WOOHOO! 😁 i hope so but no hanging onto warka....i believe its lost and if at appears when I will be much richer, although small drop in the ocean Quote Link to comment Share on other sites More sharing options...
screwball Posted April 20, 2023 Report Share Posted April 20, 2023 7 hours ago, Officiallytook said: Or a bank card 😏 But yeah I would take 25k note day one...and if nothing happens in a week or two I'm taking the rest and diversifying into a few things, and clear up some debt...and then wait again lol how true...wheelbarrow thats what they did in Germany....😂 1 1 1 Quote Link to comment Share on other sites More sharing options...
haymon Posted April 20, 2023 Report Share Posted April 20, 2023 I want to get enough to fly to Iraq and go into warka and make a withdraw.... 1 1 1 Quote Link to comment Share on other sites More sharing options...
keylime Posted April 20, 2023 Report Share Posted April 20, 2023 13 hours ago, 3n1 said: yup i l was looking at a popular currency exchange online they are paying 600 bucks per million buy back .. ouch I think the more they dedollarize the more demand for the Dinar, hence, the value will go up inside and outside Iraq even without the RV 1 1 1 2 Quote Link to comment Share on other sites More sharing options...
unirod Posted April 20, 2023 Report Share Posted April 20, 2023 On 4/19/2023 at 5:27 AM, rvmydinar said: NOW?? Does " NOW " mean " RIGHT NOW "??? Has The rate still been 1,310 at the cbi site NOW? 1.) Just wonder , Which site that shows USD 1= 1.5 Dinar NOW ( That means 1 dinar= 0.67 USD )?? 2.) Which Dinars are they talking about? Kuwaiti Dinar ( 1 KWD=3.2 USD )? Exactly! 1.50 dinars in comparison to what currency? 1 1 Quote Link to comment Share on other sites More sharing options...
3n1 Posted April 20, 2023 Report Share Posted April 20, 2023 4 hours ago, keylime said: I think the more they dedollarize the more demand for the Dinar, hence, the value will go up inside and outside Iraq even without the RV yup the demand will rise but until the cbi changes the iqd to the level it should be or at least on par to the usd the iqd you hold will only be worth the exchange rate value it is set on , maybe iraqs iqd black market will raise the iqd value but the bank value of the currency is still worth the cbi exchange value strictly my opinion ... cheers keylime 3 Quote Link to comment Share on other sites More sharing options...
wealthhound Posted April 20, 2023 Report Share Posted April 20, 2023 On 4/19/2023 at 2:20 PM, pokerplayer said: You go gurl friend, you and me both !! pp I'm with you chicks! 1 1 Quote Link to comment Share on other sites More sharing options...
keylime Posted April 20, 2023 Report Share Posted April 20, 2023 3 hours ago, 3n1 said: yup the demand will rise but until the cbi changes the iqd to the level it should be or at least on par to the usd the iqd you hold will only be worth the exchange rate value it is set on , maybe iraqs iqd black market will raise the iqd value but the bank value of the currency is still worth the cbi exchange value strictly my opinion ... cheers keylime I mean the resale value of the Dinar from dealers in the US. The harder to get the more they will sell it for or buy it back. You might start to see 1 million Dinar sell for 1600-1800 or more and buy it back for 1200 or so. Even now some sell a million for 1500. That's a lot more than I paid when I first bought it. 1 Quote Link to comment Share on other sites More sharing options...
rvmydinar Posted April 21, 2023 Report Share Posted April 21, 2023 19 hours ago, unirod said: 1.50 dinars in comparison to what currency? Quote Link to comment Share on other sites More sharing options...
rvmydinar Posted April 21, 2023 Report Share Posted April 21, 2023 14 hours ago, keylime said: I mean the resale value of the Dinar from dealers in the US. The harder to get the more they will sell it for or buy it back. You might start to see 1 million Dinar sell for 1600-1800 or more and buy it back for 1200 or so. Even now some sell a million for 1500. That's a lot more than I paid when I first bought it. Oh no no no I never want to cash out at 1,800. That's the worst rate I've ever seen. If the rate is from 10 cents to a buck , then I will cash them out. Quote Link to comment Share on other sites More sharing options...
keylime Posted April 21, 2023 Report Share Posted April 21, 2023 1 minute ago, rvmydinar said: Oh no no no I never want to cash out at 1,800. That's the worst rate I've ever seen. If the rate is from 10 cents to a buck , then I will cash them out. LOL! I didn't say cash out at that rate. I was answering the fact that the Dinar since I have gotten into has risen in value even with no RV. And now that Iraq is dedollarizing it will continue to rise particularly here in the states with currency dealers because it will be harder to get ahold of. But I wouldn't sell my dinar until it revalues and even then I will watch the rate for the best deal possible. Quote Link to comment Share on other sites More sharing options...
rvmydinar Posted April 21, 2023 Report Share Posted April 21, 2023 9 minutes ago, keylime said: LOL! I didn't say cash out at that rate. I was answering the fact that the Dinar since I have gotten into has risen in value even with no RV. And now that Iraq is dedollarizing it will continue to rise particularly here in the states with currency dealers because it will be harder to get ahold of. But I wouldn't sell my dinar until it revalues and even then I will watch the rate for the best deal possible. I am glad you said that. Thanks for your clarification. 1 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted May 22, 2023 Author Report Share Posted May 22, 2023 Car showroom owners complain about the decision to deal with Iraqi dinars Commercial activity in car buying and selling exhibitions in Baghdad was paralyzed after security authorities imposed the sale in Iraqi dinars and not dealing in dollars. Haj Fadel has been trading cars for more than three decades talking about the weakness of the market movement after the decision, and there are other obstacles suffered by exhibition owners. Fadel Al-Janabi, the owner of a car trade showroom, told Rudaw Media Network, Monday (May 22, 2023), that "the market situation is basically weak and this decision has increased the burden on it, so it has become worse, and there is no movement in it, as the decision affected the customer and us as well," adding, "But the harm to us is more and the reason is because we import cars from outside Iraq in dollars and does not agree to deal with Iraqi dinars, in this case, how will we deal?" The owner of the car trade showroom, Khazal al-Maksousi, told Rudaw Media Network that his car "is forbidden to be sold in dollars," adding, "If I violate, I will be arrested by National Security." He added: "The customer crosses the street, to spend the dollar in his possession in banks that do not deal according to the Central Bank rate of 1320 dinars to the dollar, but the dollar is calculated at 1470 dinars per dollar, why not be held accountable?" The Directorate of Organized Crime of the Ministry of Interior launched several campaigns in various cities, called "the dinar is the cause of the homeland", where written pledges were taken obliging traders to deal in Iraqi dinars only, and whoever violates these instructions will be imprisoned with the closure of those exhibitions and companies. Brigadier General Hussein Ali al-Tamimi, director of operations at the Anti-Crime Directorate, told Rudaw Media Network that the campaign "will continue next week, and intensively, as the campaign covered more than 75% of car showrooms in Baghdad and the provinces last week." "The inspection tours resulted in pledges from 2685,<> commercial centres and car showrooms, as well as residential complexes in Baghdad and the provinces," he said. The Iraqi government plans to control the dollar and enable the value of the Iraqi dinar by expanding its commercial uses, in addition to preventing the smuggling or storage of dollars abroad and price manipulation. Despite the Iraqi government's decisions to preserve the value of the Iraqi dinar against the US dollar, they did not bring enough results, as the price of the dollar in the markets still records 1460 dinars against each dollar. 3 2 2 1 Quote Link to comment Share on other sites More sharing options...
Popular Post chris2028 Posted May 22, 2023 Popular Post Report Share Posted May 22, 2023 Yes!!! I was waiting to see how long it took before the car dealers would start complaining. When they banned them from accepting USD at the car dealers back in April I knew it would only be a matter of time. I had a car restoration company and we sold many cars overseas. That difference in exchange rate would make a huge difference. There is no way they can keep this value as it is currently. These company's will fail fast. I see this as more great signs that change in value is Imminent! GO RV/RI 1 2 6 12 Quote Link to comment Share on other sites More sharing options...
Officiallytook Posted May 22, 2023 Report Share Posted May 22, 2023 Exactly I mean and pointing light on those still operating outside the cbi payment systems they dispersed awhile ago...or going to... What ever just increase the rate and watch all your current issues go away lol and turn into another beast of its own..but that's latter after a rate change...so let's go!!!! 1 4 Quote Link to comment Share on other sites More sharing options...
haymon Posted May 22, 2023 Report Share Posted May 22, 2023 When has payment ever stopped a car salesman..... 7 1 1 Quote Link to comment Share on other sites More sharing options...
new york kevin Posted May 22, 2023 Report Share Posted May 22, 2023 Well then use Iraq's digital IQD to purchase cars ! That will work. Iraq must vastly increase the velocity, the use, of the IQD if the citizens of Iraq are to increase their purchasing power. Besides, no domestic economy is "stable" if it has competition within its borders with another countries currency. Growing pains my friends. 6 Quote Link to comment Share on other sites More sharing options...
boosterbglee Posted May 22, 2023 Report Share Posted May 22, 2023 1 to 1 exchange and I'll buy a car!!!! 2 2 3 Quote Link to comment Share on other sites More sharing options...
horsesoldier Posted May 22, 2023 Report Share Posted May 22, 2023 Paralyzed... pretty much describes Iraq in its entirety doesn't it. 1 3 2 2 Quote Link to comment Share on other sites More sharing options...
Officiallytook Posted May 22, 2023 Report Share Posted May 22, 2023 1 hour ago, boosterbglee said: 1 to 1 exchange and I'll buy a car!!!! 1-1 I'm just cashing out enough for debt and to set up the rest when ever it hits 3$ 6 4 Quote Link to comment Share on other sites More sharing options...
screwball Posted May 22, 2023 Report Share Posted May 22, 2023 38 minutes ago, Officiallytook said: 1-1 I'm just cashing out enough for debt and to set up the rest when ever it hits 3$ yep only cash out what you need to cash out and save the rest for a rainy day 1 4 1 Quote Link to comment Share on other sites More sharing options...
screwball Posted May 23, 2023 Report Share Posted May 23, 2023 sounds like its building to a crecsendo! maybe a June one! 1 4 1 Quote Link to comment Share on other sites More sharing options...
3n1 Posted May 23, 2023 Report Share Posted May 23, 2023 4 hours ago, new york kevin said: Well then use Iraq's digital IQD my thoughts exactly NYK , most large purchases people never handle cash anymore its simply transferred digitally unless were talking about the corner tote the note 100 bucks down used car lot .... letsroll iraq 1 1 1 1 Quote Link to comment Share on other sites More sharing options...
screwball Posted May 23, 2023 Report Share Posted May 23, 2023 15 hours ago, 6ly410 said: But the harm to us is more and the reason is because we import cars from outside Iraq in dollars and does not agree to deal with Iraqi dinars, in this case, how will we deal?" Yep bet when rate is 3.22 or whatever they will take dinars 2 Quote Link to comment Share on other sites More sharing options...
screwball Posted May 23, 2023 Report Share Posted May 23, 2023 Need to create demons for dinars only rate change at greater then 1:1 1 Quote Link to comment Share on other sites More sharing options...
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