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

Originally Posted by laurenr

The average is xxx/usd 2.816 !

Wouldn´t that be nice............

it would but the last 3 rates that were listed are wrong the average is about 1.50 ( to lazy to add them )

Originally Posted by Precocious

I think most folks fail to realize that a change from 1465 to 1460 Dinar to the US dollar is a revalue! Changes of this nature are normal and customary in the world market. It equates to about 1/3 of 1% change. Unfortunately, changes at this percentage rate will take many years to equate to an equal Dollar for Dinar ratio. If it dropped say 200 units tomorrow; to about 1250, $1,000,000 Dinar would still only equate to $800 US dollars. Many have paid more than that for smaller denominations.

Man...wouldn't you know it. We just get the parade started and a "rain cloud" shows up.

Originally Posted by H2O_Lover

it would but the last 3 rates that were listed are wrong the average is about 1.50 ( to lazy to add them )

1.50 sounds good to me. I ain't scared, I'll take 1.50.

Originally Posted by cigarman

1.50 sounds good to me. I ain't scared, I'll take 1.50.

hell almost anything over .05 works for me ........ .30 would be great anything over .60 and i would be stupid money for me. Not sure i said anything about being scared

Originally Posted by H2O_Lover

hell almost anything over .05 works for me ........ .30 would be great anything over .60 and i would be stupid money for me. Not sure i said anything about being scared

I ain't scared is just an expression we in the south use.

Originally Posted by H2O_Lover

hell almost anything over .05 works for me ........ .30 would be great anything over .60 and i would be stupid money for me. Not sure i said anything about being scared

oh getting the beginings of a woot on Sorry Neno back to business

Originally Posted by cigarman

Maliki and pals are probably saying "Please don't send that crazy woman back"

Hey...around here...if "Momma ain't happy, ain't nobody happy".

Originally Posted by boomcreek

Hey...around here...if "Momma ain't happy, ain't nobody happy".

That's funny! My hubby says that to the kids all the time!

.Originally Posted by Precocious
I think most folks fail to realize that a change from 1465 to 1460 Dinar to the US dollar is a revalue! Changes of this nature are normal and customary in the world market. It equates to about 1/3 of 1% change. Unfortunately, changes at this percentage rate will take many years to equate to an equal Dollar for Dinar ratio. If it dropped say 200 units tomorrow; to about 1250, $1,000,000 Dinar would still only equate to $800 US dollars. Many have paid more than that for smaller denominations.

movement from 1465 to 1460 is not a RV, it is a change in rate that has been happening on the CBI daily IMO. The other thing is the CBI has stated they are concerned about dollarization in iraq and have said so in the same breath they have mentioned increasing the value of the dinar. Do you honestly think movement to 1460 or even 1250 will help in this ?? and it does not help their buying power much.

Originally Posted by H2O_Lover

it would but the last 3 rates that were listed are wrong the average is about 1.50 ( to lazy to add them )

Forget that, who wants 1.50 we better wait a bit longer so they can get that price up.