easyrider Posted June 24, 2011 Report Share Posted June 24, 2011 okie oil man : zuker3 if your going to play the watch the clock game---play it around 2 or 3 am in the morning and pay attention only to the London stock and fore-x exchange as they are considered the interim exchange and usually any changes in currency values appear there first. For the IQD to come out at $3.22 it will read 0.3106 on netdania/forex, $5.00 it will come out at 0.2000 So to come out at $8.00 it should read 0.1250 on netdania/forex!!! We are watching http://www.netdania.com/Products/live-streaming-currency-rates-foreign-exchange/real-time-quotes/QuoteList.aspx?m=q 5 2 Link to comment Share on other sites More sharing options...
goldengoose Posted June 24, 2011 Report Share Posted June 24, 2011 okie oil man : zuker3 if your going to play the watch the clock game---play it around 2 or 3 am in the morning and pay attention only to the London stock and fore-x exchange as they are considered the interim exchange and usually any changes in currency values appear there first. For the IQD to come out at $3.22 it will read 0.3106 on netdania/forex, $5.00 it will come out at 0.2000 So to come out at $8.00 it should read 0.1250 on netdania/forex!!! We are watching http://www.netdania.com/Products/live-streaming-currency-rates-foreign-exchange/real-time-quotes/QuoteList.aspx?m=q 'EZ', Thanks for the post...... I am not an economist, so I was wondering what the numbers would look like when it RV'd. Thanks again, GG Link to comment Share on other sites More sharing options...
TheUnspoken Posted June 24, 2011 Report Share Posted June 24, 2011 It took me a minute because I have taken one finance class and I am glad I did because we talked about currency. Basically you divide the rate by 1. 3.22 ------ = 0.31055 1 You can do this in an excel spreadsheet quickly. Simply enter 3.22 into A1. Enter 1 into B1 In C1 copy and paste this =SUM(B1/A1) Press enter and you will get the number that easy got. 1 1 Link to comment Share on other sites More sharing options...
pokerplayer Posted June 24, 2011 Report Share Posted June 24, 2011 It took me a minute because I have taken one finance class and I am glad I did because we talked about currency. Basically you divide the rate by 1. 3.22 ------ = 0.31055 1 You can do this in an excel spreadsheet quickly. Simply enter 3.22 into A1. Enter 1 into B1 In C1 copy and paste this =SUM(B1/A1) Press enter and you will get the number that easy got. Crap, never took that class as you had to show up to pass..........LOL Can you convert it to, like the 4 apples, 3 oranges explanation for us simple people like, er, ah, I guess thats just me? thxs, pp 3 Link to comment Share on other sites More sharing options...
thompson25 Posted June 24, 2011 Report Share Posted June 24, 2011 (edited) It took me a minute because I have taken one finance class and I am glad I did because we talked about currency. Basically you divide the rate by 1. 3.22 ------ = 0.31055 1 You can do this in an excel spreadsheet quickly. Simply enter 3.22 into A1. Enter 1 into B1 Press enter and you will get the number that easy got. In C1 copy and paste this =SUM(B1/A1) No man you take the rate and divide 1 by the number. 3.22 / 1 = 3.22 1 / 3.22 = 0.31055 Edited June 24, 2011 by thompson25 1 Link to comment Share on other sites More sharing options...
Islandgirl7 Posted June 24, 2011 Report Share Posted June 24, 2011 Clicked link...would you mind being more specific on what we're looking at...should it be on the "major" page? Sorry never looked at this site before.. Link to comment Share on other sites More sharing options...
Longhorns Posted June 24, 2011 Report Share Posted June 24, 2011 I'll be dreaming of .3106 all night screw staying up. Been there done that. Very anticlimactic Link to comment Share on other sites More sharing options...
aliciadogz Posted June 24, 2011 Report Share Posted June 24, 2011 PRETTY COOL EASY,LIKE IT!! Link to comment Share on other sites More sharing options...
tandy Posted June 24, 2011 Report Share Posted June 24, 2011 If this thing rvs over 2 ...I'm afraid I'll havta change my drawers (on my dresser)... :lol: Thx again Easy 1 Link to comment Share on other sites More sharing options...
Francie26 Posted June 24, 2011 Report Share Posted June 24, 2011 "Crap, never took that class as you had to show up to pass..........LOL" Pokerplayer, I think you are one of my former students. haha Read more: http://dinarvets.com/forums/index.php?/topic/71824-watching-forex/#ixzz1QA6EsvwY Link to comment Share on other sites More sharing options...
harry11 Posted June 24, 2011 Report Share Posted June 24, 2011 okie oil man : zuker3 if your going to play the watch the clock game---play it around 2 or 3 am in the morning and pay attention only to the London stock and fore-x exchange as they are considered the interim exchange and usually any changes in currency values appear there first. For the IQD to come out at $3.22 it will read 0.3106 on netdania/forex, $5.00 it will come out at 0.2000 So to come out at $8.00 it should read 0.1250 on netdania/forex!!! We are watching http://www.netdania.com/Products/live-streaming-currency-rates-foreign-exchange/real-time-quotes/QuoteList.aspx?m=q So Easy, If you have 2 milion dinar and the rate is $3.22, what would you bring home in USD? Link to comment Share on other sites More sharing options...
swaneray Posted June 24, 2011 Report Share Posted June 24, 2011 My favorites page just got longer! Thanks for posting. Another site to watch. GO RV Link to comment Share on other sites More sharing options...
TheUnspoken Posted June 24, 2011 Report Share Posted June 24, 2011 In C1 copy and paste this =SUM(B1/A1) No man you take the rate and divide 1 by the number. 3.22 / 1 = 3.22 1 / 3.22 = 0.31055 I always turn that damn thing the wrong way. I got a B in the class LOL! Simple fix though. Thanks man! Link to comment Share on other sites More sharing options...
JOEJOE Posted June 24, 2011 Report Share Posted June 24, 2011 Thanks easy! I clicked on the link but do not see the IQD listed. Just makeing sure that is what we are suppose to be watching,right? Link to comment Share on other sites More sharing options...
MovieMaker Posted June 24, 2011 Report Share Posted June 24, 2011 Thanks Link to comment Share on other sites More sharing options...
teresa43 Posted June 24, 2011 Report Share Posted June 24, 2011 okie oil man : zuker3 if your going to play the watch the clock game---play it around 2 or 3 am in the morning and pay attention only to the London stock and fore-x exchange as they are considered the interim exchange and usually any changes in currency values appear there first. For the IQD to come out at $3.22 it will read 0.3106 on netdania/forex, $5.00 it will come out at 0.2000 So to come out at $8.00 it should read 0.1250 on netdania/forex!!! We are watching http://www.netdania.com/Products/live-streaming-currency-rates-foreign-exchange/real-time-quotes/QuoteList.aspx?m=q oh my goodness I am confused, I thought if Iraq RV at 3.22 I thought it will read at 3.22 in the Forex. can you explain how you got that your numbers? Link to comment Share on other sites More sharing options...
Crow Posted June 24, 2011 Report Share Posted June 24, 2011 THIS IS GONNA POP!!! I CAN FEEL IT!!!! Link to comment Share on other sites More sharing options...
SFlorida Posted June 24, 2011 Report Share Posted June 24, 2011 That's why is called a roller coaster. Link to comment Share on other sites More sharing options...
~Doc~ Posted June 24, 2011 Report Share Posted June 24, 2011 Thanks easy! I clicked on the link but do not see the IQD listed. Just makeing sure that is what we are suppose to be watching,right? Click on link. www.netdania.com-quote list Then where it says (type instrument name) type in USD/IQD Enter Link to comment Share on other sites More sharing options...
estephan Posted June 24, 2011 Report Share Posted June 24, 2011 I use my Abacas It has 15 zeros Link to comment Share on other sites More sharing options...
kbgoldeagle Posted June 24, 2011 Report Share Posted June 24, 2011 oh my goodness I am confused, I thought if Iraq RV at 3.22 I thought it will read at 3.22 in the Forex. can you explain how you got that your numbers? Basically, here's how those numbers work. Currency exchanges are always listed as "Pairs". In this case the "Pair" is shown on the Forex as USD/IQD. The listed exchange rate for the USD/IQD means this: HOW MANY IRAQI DINARS DOES IT TAKE TO BUY ONE US DOLLAR? If the Dinar RV's for example at $3.22, then one Dinar is equivalent to $3.22 US Dollars, which also means (when you do the math) that it takes .3106 Dinars to buy one US Dollar. Also, if the "Currency Pair" had been listed on the Forex as IQD/USD (which it is not), then with an RV of $3.22, Forex would show the number as $3.22. Hope this helps. 3 Link to comment Share on other sites More sharing options...
Diamond4me Posted June 24, 2011 Report Share Posted June 24, 2011 It took me a minute because I have taken one finance class and I am glad I did because we talked about currency. Basically you divide the rate by 1. 3.22 ------ = 0.31055 1 You can do this in an excel spreadsheet quickly. Simply enter 3.22 into A1. Enter 1 into B1 In C1 copy and paste this =SUM(B1/A1) Press enter and you will get the number that easy got. Make life easy.....1 IQD / 3.22 US = 1 IQD/5.25 US = And so on................... Link to comment Share on other sites More sharing options...
teresa43 Posted June 24, 2011 Report Share Posted June 24, 2011 Basically, here's how those numbers work. Currency exchanges are always listed as "Pairs". In this case the "Pair" is shown on the Forex as USD/IQD. The listed exchange rate for the USD/IQD means this: HOW MANY IRAQI DINARS DOES IT TAKE TO BUY ONE US DOLLAR? If the Dinar RV's for example at $3.22, then one Dinar is equivalent to $3.22 US Dollars, which also means (when you do the math) that it takes .3106 Dinars to buy one US Dollar. Also, if the "Currency Pair" had been listed on the Forex as IQD/USD (which it is not), then with an RV of $3.22, Forex would show the number as $3.22. Hope this helps. Ok thank you for your help, I was worried that my dinars are worth .3106 and not 3.22 as long as you say they are the same I am ok with that. Link to comment Share on other sites More sharing options...
RodandStaff Posted June 24, 2011 Report Share Posted June 24, 2011 (edited) I don't have to know the math as long as they cash us out it doesn't matter! You don't have to know how a plane fly's... you just get on board and have a little faith you will come back down safely! Snap.... crackle.... POP!!! Come on RV!!! Edited June 24, 2011 by RodandStaff 1 Link to comment Share on other sites More sharing options...
letitbe Posted June 24, 2011 Report Share Posted June 24, 2011 I don't have to know the math as long as they cash us out it doesn't matter! You don't have to know how a plane fly's... you just get on board and have a little faith you will come back down safely! Snap.... crackle.... POP!!! Come on RV!!! In 1980 I lost my home using that same logic. Sometimes you do need to know. Link to comment Share on other sites More sharing options...
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