Change on Forex

[Ore]

How can Forex update before the CBI?

What?! You havent noticed how slow Iraq implements changes?!

[sillyseaserpent]

.

How can Forex update before the CBI?

They open before CBI.

[Spoolin]

They open before CBI.

Being that the CBI is Iraq's bank, I assumed that it would have to show up there before Forex. I mean, they are the ones releasing the rate, correct? Or was the rate possibly given out to be implemented asap and this is the result before it actually shows up on the CBI? Meaning the rate was given out after after the CBI closed and in turn hit Forex in Sydney first.

Edited March 16, 2011 by Spoolin

[timborders]

Would that be the rate or will it go up?

[Texas1]

I was told back in November by investors that do not follow these dinar sites and who are heavily vested that you will see the change on Forex New Zealand first. They too are showing this new rate.

[champies]

Would that be the rate or will it go up?

PLEASE SAY IT WILL GO UP

[Spoolin]

Well, if thats the case, we all just made about a 40% increase in what we spent on the dinar. LOL

[timborders]

At this rate I wouldnt make back what I spent!!!!

[mordiaky]

here!!!

this link will show the real rates in live format

[KingCong]

At this rate I wouldnt make back what I spent!!!!

then you would have spent twice as much as everyone else here!!!

did you buy your dinar on ebay? 8000$ for 25,000 dollar note

[timborders]

then you would have spent twice as much as everyone else here!!!

did you buy your dinar on ebay? 8000$ for 25,000 dollar note

No when I did the converision for 100000 it said 150

[Shinnidan]

*sigh* i still don't think its anything to get excited about *yawns*

[LOJACK]

I don't know anything about the Forex, but when I clicked on the link it definitely gave a dsiclaimer about Mid Market Rates. Anyone know what that means exactly?

Important Information

¹The mid-market rates shown in our exchange currency converter are neither "buy" rates nor "sell" rates. Mid-market rates are derived from mid-point between the buy and sell rates of large-value transactions in the global currency markets. OzForex does not guarantee the accuracy of the rate or currency calculations.

Please read the terms of use.

Mid-market rates are derived from mid-point between the buy and sell rates of large-value transactions in the global currency markets??

[KingCong]

No when I did the converision for 100000 it said 150

haha its late, with a few beers its all good.

[Austin-Powers-for-PM]

here!!!

this link will show the real rates in live format

Ok Mordiaky, your link shows the IQD at 1187.5, unchanged. The Aussie Forex shows it at 666. Something isn't jiving!!!!

[timborders]

Ok Mordiaky, your link shows the IQD at 1187.5, unchanged. The Aussie Forex shows it at 666. Something isn't jiving!!!!

XE showes it at 1178

[Spoolin]

No when I did the converision for 100000 it said 150

If you spent roughly $.0009 for each dinar, multiply .40 (40%) into the money you spent on purchasing dinar and thats what you have made so far per this Forex site in Sydney.

Example......If you spent $1000 on say 1mil dinar at roughly $.0009 per dinar and multiply it by .40 (40%), you made $400 at the Sydney Forex rate.

Edited March 16, 2011 by Spoolin

[mordiaky]

Name Last Open High Low Net chg. Chg. % Last Time

USD/IQD 1,178.5000 1,178.5000 1,178.5000 1,177.5000 1.0000 0.085 05:31:04

that's the current rate

Edited March 16, 2011 by mordiaky

[rocketman2010]

It is nothing B S justsaying

[timborders]

If you spent roughly $.0009 for each dinar, multiply .40 (40%) into the money you spent on purchasing dinar and thats what you have made so far per this Forex site in Sydney.

Example......If you spent $1000 at roughly $.0009 per dinar and multiply it by .40 (40%), you made $400 at the Sydney Forex rate.

Still a bummer!!!

Name Last Open High Low Net chg. Chg. % Last Time

USD/IQD 1,178.5000 1,178.5000 1,178.5000 1,177.5000 1.0000 0.085 05:31:04

that's the current rate

Hope so. I would sit on it for that.

[Spoolin]

XE showes it at 1178

XE is closed right now and still shows rates from 3-15. The Sydney Forex is open right now and the rates apply for 3-16.

Still a bummer!!!

Hope so. I would sit on it for that.

Yeah I know its a bummer, but shows that something is happening and thats what excites me.

[rdb]

DON'T BUILD UP YOUR HOPES... BUT....... DO HOPE FOR THE BEST!!!!!! I HOPE THIS IS IT!!!

PLEASE JESUS

[KingCong]

DON'T BUILD UP YOUR HOPES... BUT....... DO HOPE FOR THE BEST!!!!!! I HOPE THIS IS IT!!!

PLEASE JESUS

We all need group therapy!

[Spoolin]

I just checked it again and its now up to 670 IQD to $1. Its definitely moving, but the wrong direction.

[Aaronts]

'I just checked it again and its now up to 670 IQD to $1. Its definitely moving, but the wrong direction'

I think you just did the conversion in the opposite direction. One way it is 670.28 and one way it is 666.6667