u.n. operational exchange rates dec 31 2011

[cheevo]

well exchange rates are up for dec.31 2011 !!! iraqi dinar didnt update !!! http://treasury.un.org/operationalrates/OperationalRates.aspx

[deniscanada]

well exchange rates are up for dec.31 2011 !!! iraqi dinar didnt update !!! http://treasury.un.org/operationalrates/OperationalRates.aspx

Iraq is dated 01 March 2010

This is the date, ...... Iran IRR Iranian Rial 11,012.0 31 Dec 2011 History

... ...Iraq IQD Iraqi Dinar 1,170.0 01 Mar 2010 History

....... Ireland EUR Euro 0.774 31 Dec 2011 History

http://treasury.un.org/operationalrates/OperationalRates.aspx

[The Machine]

No update for the dinar since march 2011 ....... we still got another 2 days before the 31st ..... here's hoping something changes

[Dinar Buddy]

The IQD seems to be still a year off from any change. The process will take more time and the world countries are handling their matters and building their own growth back. The IQD only needs it rise marginally to control budget and expense needs.

Is everyone so brain washed that this is suddenly just going to appear. Stay focused on the news and avoid the rumors and pumpers.

Let's go RV

[tilak]

The UN operational rates of exchange date are irrelevant. RV can happen anytime.

The first paragraph, above the list of rates, states that it can happen for any country anytime.

[easyrider]

The IQD seems to be still a year off from any change. The process will take more time and the world countries are handling their matters and building their own growth back. The IQD only needs it rise marginally to control budget and expense needs.

Is everyone so brain washed that this is suddenly just going to appear. Stay focused on the news and avoid the rumors and pumpers.

Let's go RV

you are very wrong in your aassessment what about contracts? what about the people giving back purchasing power? so marginally how is that going to affect the country in a positive way? and the budget doesnt require a marginally insignificant change believe me budgets need to have value to sustain their economy what are they gonna do flood the markets with lower denoms that are worthless aginst the USD? why even have the dinar in the first place? honestly the CBI is trying to get rid of the USd use in country. What good is it to keep the dinar with no value or little value if the usd use is rampant and has been for years. A country needs a valuable currency to be a strong country and Iraq has got the resources. only one way to stop the hostility and to gain the people's attention and to stat to trust the banks is to raise the vaue to at least a 1 to 1 imho.

Edited December 30, 2011 by easyrider

[cheevo]

3. Estimate the amended exchange rate of the Iraqi dinar to be used in technical and economical feasibility studies and for (1.134) dollar per dinar. This price should be approved for 3 years until re-appreciation by the competent authorities...................this from a 2010 ministry of planning estimate!!!! Wonder why never implemented by now???? We wait, i guess..... http://www.mop.gov.iq/mop/index.jsp?sid=1&id=308&pid=295&lng=en

Edited December 30, 2011 by cheevo

[JUNKANOO]

Stay focused...be encouraged and know it's gonna happen....GO RV!!

[Carrello]

The operational rates can be revised at any time. The 1st and the 15th are scheduled dates, but the rates can be updated at anytime. There is a disclaimer somewhere on the rate schedule page. We do this dance and post the disclaimer everytime we have been close.

[Mongo]

well exchange rates are up for dec.31 2011 !!! iraqi dinar didnt update !!! http://treasury.un.o...ionalRates.aspx

Surprise.........Surprise..............Surprise!!!

[thatoneguy]

Surprise.........Surprise..............Surprise!!!

Oh me, oh me. It's Earnest T.

Stay focused...be encouraged and know it's gonna happen....GO RV!!

JUNK, any words of wisdom to those of us w/ A.D.D? Staying focused isn't our strong suit. Thanks.

[markchem]

The IQD seems to be still a year off from any change. The process will take more time and the world countries are handling their matters and building their own growth back. The IQD only needs it rise marginally to control budget and expense needs.

Is everyone so brain washed that this is suddenly just going to appear. Stay focused on the news and avoid the rumors and pumpers.

Let's go RV

Its off a year. Everyone is brainwashed. Stay focused on news with all its poor translations that can be construed several ways in many instances. Yet, "Lets go RV" implies hope for something imminent cause there is no sense rooting it on if it is at least another year off! These kind of nutty posts make me think we are all ready for the strait jackets!!!

[HopefulTxn]

3. Estimate the amended exchange rate of the Iraqi dinar to be used in technical and economical feasibility studies and for (1.134) dollar per dinar. This price should be approved for 3 years until re-appreciation by the competent authorities...................this from a 2010 ministry of planning estimate!!!! Wonder why never implemented by now???? We wait, i guess..... http://www.mop.gov.iq/mop/index.jsp?sid=1&id=308&pid=295&lng=en

You can't look at the copyright date of the page and determine that is when the information was first published. Unfortunately, it states the official rate of the dinar is 3.208 dollar per dinar, which it hasn't been for over half a decade, and that the page it is linked from (Link) has 1990 as the most recent date on it, it's very probable that this was written long before the removal of Saddam.

[zigmeister]

The operational rates can be revised at any time. The 1st and the 15th are scheduled dates, but the rates can be updated at anytime. There is a disclaimer somewhere on the rate schedule page. We do this dance and post the disclaimer everytime we have been close.

Man my feet are getting tired. Wheres those red shoes?

[Carrello]

Man my feet are getting tired. Wheres those red shoes?

Click, click, and away you go! Whoooosh!

[colts469]

Yes agree with the ADD part some people do need it broken down.'oh look at the pretty rainbow

[engineer1138]

you are very wrong in your aassessment what about contracts?

Sorry, don't know to what you are referring.

what about the people giving back purchasing power?

The Iraq money supply has roughly the same value, hence purchasing power, as it had when the dinar was 3,000x more valuable and there there were 3,000x fewer of them in the money supply.

so marginally how is that going to affect the country in a positive way? and the budget doesnt require a marginally insignificant change believe me budgets need to have value to sustain their economy ...

The 2012 budget is about $100 Billion dollars worth, so around 117 Trillion dinars. Right? Are you expecting that after a 1:1 RV that they will have a 117 Trillion DOLLAR budget? I would guess that they largely expect the budget of $100B to be paid from oil revenue.

what are they gonna do flood the markets with lower denoms that are worthless aginst the USD? why even have the dinar in the first place? honestly the CBI is trying to get rid of the USd use in country. What good is it to keep the dinar with no value or little value if the usd use is rampant and has been for years. A country needs a valuable currency to be a strong country and Iraq has got the resources. only one way to stop the hostility and to gain the people's attention and to stat to trust the banks is to raise the vaue to at least a 1 to 1 imho.

Which is what a 1000:1 RD does, brings the new dinar to (at the current rate) $0.86 dollars per dinar. So lets indeed hope they want to be at 1:1 or higher so a small (large by international standards but tiny in the dinarian world) from 0.00086 to maybe 0.002 would occur so the new dinar introduced by the RD would then be 2:1 with the dollar and we'd make a little money.