Friday Latey Morning Opinions @ 11:50 AM MDT - 1/05/2024

[screwball]

On 1/6/2024 at 1:15 PM, screwball said:

 

Exchange  rate history as per IMF

 

April 29, 2011 0.000527732,  Friday

April 30, 2010 0.000566092, Friday

April 30, 2009 0.000570626, Thursday

April 30, 2008 0.000512352, Wednesday

April 30, 2007 0.000516326, Monday

April 28, 2006 0.000460244, Friday

April 29, 2005 0.000451682, Friday

September 22, 2004 0.000466938, Wednesday

September 08, 2003 2.53758, Monday

April 30, 2002 2.53758, Tuesday

April 30, 2000 2.43852, Sunday

April 30, 1999 2.38074, Friday

April 30, 1998 2.38881, Thursday

April 30, 1997 2.3558, Wednesday

April 30, 1996 2.21848, Tuesday

April 30, 1995 2.04504, Sunday

April 30, 1994 2.26323, Saturday

April 30, 1993 2.26004, Friday

April 30, 1992 2.34852, Thursday

April 30, 1991 2.39924, Tuesday

April 30, 1990 2.46985, Monday

April 28, 1989 2.48283, Friday

April 29, 1988 2.32407, Thursday

April 30, 1987 2.46269, Wednesday

April 30, 1986 2.73556, Tuesday

April 30, 1985 3.24557 , Tuesday

 

 

Between October 15, 2003 and January 15, 2004, the Coalition Provisional Authority issued new Iraqi dinar coins and notes,

 

The IMF as part of the rebuilding of Iraq is monitoring their finances and for this purpose uses a single rate (not a sell/buy) of 1170 dinars per dollar. This "program rate"[5] is used for calculations in the IMF monitoring program and is not a rate imposed on Iraq by the IMF.

Tis post 

[screwball]

Also key for those that don’t know “program rate”

[screwball]

Fiscal year jan I believe 

[Dandy1]

The article below indicated Jan 1 is the beginning of the fiscal year.

 

https://www.thenationalnews.com/world/2023/06/11/iraqs-parliament-finally-passes-record-budget-after-four-days-of-voting-sessions/

 

Iraq’s fiscal year usually starts on January 1.

[Dinarrock]

January 1st is their fiscal year!

[GregHi]

On 1/26/2024 at 11:32 AM, Dinarrock said:

Hi Greg see you haven’t posted in awhile. Just curious any word from your Iraqi contacts over there as to where we stand??

Hi Dinarrock! I’m not on here very much anymore. And as far as my Iraqi friends, I have lost contact a few years ago with both of them. I still text Saad (my Shia friend) but haven’t heard from Aram (my Kurdish buddy) in several years now. I don’t work for those companies anymore where I met them. If I hear anything from either of them that relates to the dinar, I’ll be sure to post it here, but that may be until the RV actually happens. We will see.

[Gypsygirl11]

Time will tell...end of April looks promising.  Also I'm going to add there is a cosmic occurrence April 20th when I believe a Taurus conjunction with Uranus happens,  Which is supposed to deal with technology in financial arena. Fingers crossed 

[Dinarrock]

5 hours ago, GregHi said:

Hi Dinarrock! I’m not on here very much anymore. And as far as my Iraqi friends, I have lost contact a few years ago with both of them. I still text Saad (my Shia friend) but haven’t heard from Aram (my Kurdish buddy) in several years now. I don’t work for those companies anymore where I met them. If I hear anything from either of them that relates to the dinar, I’ll be sure to post it here, but that may be until the RV actually happens. We will see.

No worries Greg thanks for posting just figured I would ask since you did post some promising things before!but yes you are correct I would imagine no one will really know much until one day it just happens! Then every guru will claim that told us..lol …thanks buddy stay safe!!

[Longtimelurker]

4 hours ago, Gypsygirl11 said:

Time will tell...end of April looks promising.  Also I'm going to add there is a cosmic occurrence April 20th when I believe a Taurus conjunction with Uranus happens,  Which is supposed to deal with technology in financial arena. Fingers crossed 

💯