Thread: Iraq/Dinar News. 09/05 to 01/14/07

Originally Posted by H2O_Lover

hmmmmmmmmm i sure though the 1.47 we were talking about was 1.47 USD = 1 dinar. This would make every dinar i am holding ( which is not very many ) worth $1.47 USD

geezzz i think i will go back to what i do best and that is work

SGS where are you....can you clear this up...I also thought we are talking 1 dinar would equal 1.47 USD. Why does everybody keep doing that .68 thing???Now I am confused.

Hi all,

You guys write too fast....54 pages in this thread in less than 24 hours.

Does anyone know of any banks in New England that are selling dinar? I checked a few places today, including Amex, with no luck.

Thanks,

Ken

Originally Posted by NotSoFast

Ummmm..... I don't think so. If you go to the site and hit 5d (5 day), you'll see fluctuations every day:

USDIQD=X: Summary for USD to IQD - Yahoo! Finance

It is not trading....it is fluctuating when the dollar fluctuates. It is kind of "tagging" along. It is not actively trading.

Originally Posted by wyvern

Hi all,

You guys write too fast....54 pages in this thread in less than 24 hours.

Does anyone know of any banks in New England that are selling dinar? I checked a few places today, including Amex, with no luck.

Thanks,

Ken

If I may ask, what where they telling you....reason why they didn't have it. Just curious. Thanks.

Originally Posted by CharmedPiper

SGS where are you....can you clear this up...I also thought we are talking 1 dinar would equal 1.47 USD. Why does everybody keep doing that .68 thing???Now I am confused.

they can set the rate where ever thay choose. 1.47 USD.. 1.50 USD .. whatever.. but anything based on a 3 decimal place movement will end up at

one dinar = 0.68 USD

there MIGHT be some value in basing a reval on such a movement but there is surely no reason to believe that is what is going to happen at this point.

I hope the reval does not keep getting pushed back. Ideally, one the CBI opens and trades it will show a reval amount and we can all cash in and retire

Originally Posted by doublescorpio

Was just checking around e-bay and seeing if the amount being sold went down or if anything changed. The guy from AZ still has one auction for 100 million dinar...but what is interesting is the question some one asked at the bottom of the auction....

Q: This may sound like an odd question,you appear to be one of the largest seller of dinars on ebay,thought you may know why the Central bank of Iraq's website has been down for 2 days now. Ant ideas.Thanks for ant info you can provide.Gay Stuart. Houston,TX.
Oct-19-06
A: Just reorganization of web site do not get overly excited no reval will happen till next year.


link eBay: 100 MILLION IRAQI DINARS ~DELIVERY OKAY NEW IRAQ DINAR (item 150045870148 end time Oct-22-06 08:46:58 PDT)

NOW THAT IS HILARIOUS...

Originally Posted by NotSoFast

Ummmm..... I don't think so. If you go to the site and hit 5d (5 day), you'll see fluctuations every day:

USDIQD=X: Summary for USD to IQD - Yahoo! Finance

Please go back to page 38 of this thread- has been answered many times today!!!!

Neno please we need a New Rule... before people post they MUST take the time to read at least the past 10 pages... this stuff has been kicked around all day... same questions... over and over... they are answered then someone pops in and starts the whole darn cycle all over again.. sorry but it is frustrating.. we have analized the auction issue all day... NO AUCTIONS.. Since Mon.. if people would just read they would see it has been answered "dozens" of times... grrrr... sorry but takes so long to find the real news when we have to read pages and pages of the same questions... ez :)

Originally Posted by clueless

they can set the rate where ever thay choose. 1.47 USD.. 1.50 USD .. whatever.. but anything based on a 3 decimal place movement will end up at

one dinar = 0.68 USD

there MIGHT be some value in basing a reval on such a movement but there is surely no reason to believe that is what is going to happen at this point.

It has already been discussed that most likely the reval amount will be in close running with Jordan's rate..... Jordan's rate 1.40 range.....