Kuwaiti Dinar RV Today?

[RVandGolf]

I have read many posts of the so called "gurus" ( not bashing, so dont bash me.) And i read that kuwait Rv'd their currency to 4.11-4.12 TODAY from the recent 3.63. I am wondering if this is a true statement or not, and would need help verifying. I have posted two links at the bottom that state the KWD is going for 4.12. However, i am also wondering if that just means the sell rate, and the buy back rate is 3.63? HOWEVER, i did my research and found out the basically all currencies only have a 2% buy back spread, and going from 4.12 to 3.63 is 14 percent... So, is this just a very lucky coincidence, or when forex opens up tommorow will we see a new KWD rate? I have also read from many people over the course of my searching and research gathering, that the IQD will shortly follow the KWD in revaluation. I AM NOT SAYING IT WILL, Im just posting what i have heard and read.

https://www.foreignexchangeservices.com/index.html?partnerid=FES&serviceType=rate (wells fargo foreign exchange site)

http://ezforex.com/ (currency convertor on right hand side)

Edited September 12, 2011 by RVandGolf

[Theflyingbird]

As far as I know there hasn't been any solid proof that it did indeed RV!

[Frogee]

I do not know what the percentage rate is supposed to be, but check out the buy - sell for IQD and I think it will be at least 14%

[bigcity Bob]

THERE HAS BEEN A HUGE EXPLOSION OM OOM OR OKIES SITE WITH A MUTINY OF READERS CALLING THEM OUT ON THEIR PREDICTIONS ESPECIALLY THE KWD REVALUE. ! SINCE THAT HAS HAPPENED THEY SHUT DOWN THE SITE THEN BLAMED IT ON SITE MAINTENANCE.\

ALL IN ALL IT LOOKS LIKE SOME OF THE CHAT MEMBERS STARTED TO CALL THEM ON THE BS AND THEY GOT MAD...SO I SEE NO SIGN OF A RV IN KUWAIT. IRAQ OR ANYWHERE ELSE.

BCB

[Nottoolate]

I don't see any real change in the Kuwaiti Dinar, sorry.

[kjwayne]

the Oanda site still shows Ku at $3.64.

[Ben T]

On these 2 reputable sites the Kuwaiti Dinar has definitely increased by at least 14%. Is it a full R.V. too early to tell..Other sites are not fully updated yet. We should know more tomorrow. Nice find and post.

[librapeace]

On these 2 reputable sites the Kuwaiti Dinar has definitely increased by at least 14%. Is it a full R.V. too early to tell..Other sites are not fully updated yet. We should know more tomorrow. Nice find and post.

Please understand that those two sites are mainly used for travellers. Ezforex is not forex trading...its an exchange company...no different than the one at the airport. Look at those sites closely please, and you'll find links for travellers checks and business travel things.

Kuwait did not revalue per forex....sure it fluctuated through the trading day...but that's normal. Rest assured...haha if it jumped 14% or 26%, I would have had an outstanding trading day. Hope that helps. Peace and Have a great evening or day wherever you may be in the world.

[DinarBabyGirl]

If it is selling at $4.11 or so, wouldn't that make it the value? I don't know why people have to be rude when u asked an honest question. Imho it looks like the value went up, which would make it an rv.

[Captjohn]

I've been to several forex sites and they all seem to be showing the same thing; a 14% increase in the KWD to approx. 4.167 USD. Is the IQD to follow? Time will tell.

[gatoraces]

If it is selling at $4.11 or so, wouldn't that make it the value? I don't know why people have to be rude when u asked an honest question. Imho it looks like the value went up, which would make it an rv.

no. they take the value (from the central bank) and add their profit in and it gives you their sell rate. which just happens to be $4.11 right now. that is not the exchange rate of the KWD>

[FOUNDIT]

no. they take the value (from the central bank) and add their profit in and it gives you their sell rate. which just happens to be $4.11 right now. that is not the exchange rate of the KWD>

Thank you for posting the truth......the fact is PTR are out to get paying members,so they pump to get membership money.OOM i am confused on as they have no fee.Maybe they thrive on ego and want to be worshiped---who knows.In either case they are thieves and lier's period.

[hoopdog]

I have read many posts of the so called "gurus" ( not bashing, so dont bash me.) And i read that kuwait Rv'd their currency to 4.11-4.12 TODAY from the recent 3.63. I am wondering if this is a true statement or not, and would need help verifying. I have posted two links at the bottom that state the KWD is going for 4.12. However, i am also wondering if that just means the sell rate, and the buy back rate is 3.63? HOWEVER, i did my research and found out the basically all currencies only have a 2% buy back spread, and going from 4.12 to 3.63 is 14 percent... So, is this just a very lucky coincidence, or when forex opens up tommorow will we see a new KWD rate? I have also read from many people over the course of my searching and research gathering, that the IQD will shortly follow the KWD in revaluation. I AM NOT SAYING IT WILL, Im just posting what i have heard and read.

https://www.foreignexchangeservices.com/index.html?partnerid=FES&serviceType=rate (wells fargo foreign exchange site)

http://ezforex.com/ (currency convertor on right hand side)

The FOREX sites that I have checked out, still have the $3.63, but you never know.

http://www.advfn.com/p.php?pid=qkquote&symbol=FX%5EUSDKWD

[Bob5877]

I have read many posts of the so called "gurus" ( not bashing, so dont bash me.) And i read that kuwait Rv'd their currency to 4.11-4.12 TODAY from the recent 3.63. I am wondering if this is a true statement or not, and would need help verifying. I have posted two links at the bottom that state the KWD is going for 4.12. However, i am also wondering if that just means the sell rate, and the buy back rate is 3.63? HOWEVER, i did my research and found out the basically all currencies only have a 2% buy back spread, and going from 4.12 to 3.63 is 14 percent... So, is this just a very lucky coincidence, or when forex opens up tommorow will we see a new KWD rate? I have also read from many people over the course of my searching and research gathering, that the IQD will shortly follow the KWD in revaluation. I AM NOT SAYING IT WILL, Im just posting what i have heard and read.

https://www.foreignexchangeservices.com/index.html?partnerid=FES&serviceType=rate (wells fargo foreign exchange site)

http://ezforex.com/ (currency convertor on right hand side)

Checkout Bank of America they have Kuwait at 4.0828