Thread: My Aussie Ceo

Originally Posted by readytogo

Where on this site does it say 2003. I saw 2006 on that chart ( in ( ) on the side)

That is the date of the copyright of the graph format. Below the graph it says "see table for Iraqi Dinar or American dollar". If you click on the Iraqi Dinar link it takes you to the following table. I have highlighted the reference to the date at the bottom.

Iraqui Dinar
click on values to see graphs 1 IQD in IQD
American Dollar 3.21691 0.310857
Australian Dollar 5.48307 0.18238
Botswana Pula 17.8718 0.0559542
Brazilian Real 11.1337 0.0898171
British Pound 1.99523 0.501195
Canadian Dollar 4.93217 0.20275
Chilean Peso 2334.06 0.000428437
Chinese Yuan 26.6267 0.0375563
Colombian Peso 9412.88 0.000106237
Danish Krone 22.3994 0.0446441
Euro 3.01294 0.331902
Hong Kong Dollar 25.0903 0.039856
Hungarian Forint 743.557 0.00134489
Iceland Krona 255.455 0.00391458
Indian Rupee 154.315 0.00648024
Israeli New Shekel 15.6889 0.0637394
Japanese Yen 381.429 0.00262172
Malaysian Ringgit 12.2243 0.0818045
Mexican Peso 34.3647 0.0290996
New Zealand Dollar 5.91671 0.169013
Norwegian Kroner 22.3608 0.0447212
Omani Rial 1.2369 0.808471
Pakistan Rupee 186.889 0.00535077
Qatari Rial 11.7096 0.0854003
Saudi Riyal 12.0634 0.0828952
Singapore Dollar 5.58295 0.179117
Slovenian Tolar 697.234 0.00143424
South African Rand 29.097 0.0343678
South Korean Won 3789.52 0.000263885
Sri Lanka Rupee 311.397 0.00321133
Swedish Krona 27.8456 0.0359123
Swiss Franc 4.40299 0.227118
Taiwan Dollar 111.402 0.00897652
Thai Baht 137.78 0.00725793
Venezuelan Bolivar 6089.62 0.000164214

using values from Tuesday, January 21, 2003
click on values to see the historical graphs.

Download this data to Excel

Originally Posted by mike brown

i'm a daily lurker, and still am not sure of the whole WTO deal, can someone explain the importance and signifance of being a part of this?

thanks and good luck

Now, someone PLEASE correct if I am wrong, but I do recall reading in the past few months that if Iraq were part of the WTO, that would mean they would be the only large oil producing county in the middle east who would not be a member of OPEC.

I believe they would have more control over their oil prices and not be brow beaten by the Opec people.

I look for others for more enlightenment on this.

Seen this before?????

Originally Posted by Cdn Scrooge

That is the date of the copyright of the graph format. Below the graph it says "see table for Iraqi Dinar or American dollar". If you click on the Iraqi Dinar link it takes you to the following table. I have highlighted the reference to the date at the bottom.

Iraqui Dinar
click on values to see graphs 1 IQD in IQD
American Dollar 3.21691 0.310857
Australian Dollar 5.48307 0.18238
Botswana Pula 17.8718 0.0559542
Brazilian Real 11.1337 0.0898171
British Pound 1.99523 0.501195
Canadian Dollar 4.93217 0.20275
Chilean Peso 2334.06 0.000428437
Chinese Yuan 26.6267 0.0375563
Colombian Peso 9412.88 0.000106237
Danish Krone 22.3994 0.0446441
Euro 3.01294 0.331902
Hong Kong Dollar 25.0903 0.039856
Hungarian Forint 743.557 0.00134489
Iceland Krona 255.455 0.00391458
Indian Rupee 154.315 0.00648024
Israeli New Shekel 15.6889 0.0637394
Japanese Yen 381.429 0.00262172
Malaysian Ringgit 12.2243 0.0818045
Mexican Peso 34.3647 0.0290996
New Zealand Dollar 5.91671 0.169013
Norwegian Kroner 22.3608 0.0447212
Omani Rial 1.2369 0.808471
Pakistan Rupee 186.889 0.00535077
Qatari Rial 11.7096 0.0854003
Saudi Riyal 12.0634 0.0828952
Singapore Dollar 5.58295 0.179117
Slovenian Tolar 697.234 0.00143424
South African Rand 29.097 0.0343678
South Korean Won 3789.52 0.000263885
Sri Lanka Rupee 311.397 0.00321133
Swedish Krona 27.8456 0.0359123
Swiss Franc 4.40299 0.227118
Taiwan Dollar 111.402 0.00897652
Thai Baht 137.78 0.00725793
Venezuelan Bolivar 6089.62 0.000164214

using values from Tuesday, January 21, 2003
click on values to see the historical graphs.

Download this data to Excel

Originally Posted by The_Mad_Scot

LOL!!!

that is just so wrong

Originally Posted by DinarDarling

Now, someone PLEASE correct if I am wrong, but I do recall reading in the past few months that if Iraq were part of the WTO, that would mean they would be the only large oil producing county in the middle east who would not be a member of OPEC.

I believe they would have more control over their oil prices and not be brow beaten by the Opec people.

I look for others for more enlightenment on this.

No they are still a member of Opec, but they did say that they would not be held to any quotas since they had not taken their fair share for years....

I think that our Sunday is their Monday-I think they are a day ahead of us in the time zones. Therefore, while our work week is Monday to Friday, their work week is our Sunday to Thursday.

No, their work week really is Sunday to Thursday (their time). Friday is their Sabbath.

Jean

Originally Posted by readytogo

Where on this site does it say 2003. I saw 2006 on that chart ( in ( ) on the side)

Bottom of table,

using values from Tuesday, January 21, 2003

http://www.x-rates.com/d/IQD/table.html

Originally Posted by mclay549

I think that our Sunday is their Monday-I think they are a day ahead of us in the time zones. Therefore, while our work week is Monday to Friday, their work week is our Sunday to Thursday.

Baghdad Time: 06:03am, 02/03/2007 ~ market is closed | $1 USD = 1291.00 IQD ^

"In regard to the new policy pursued by the Central Bank of Iraq and to raise the value of the Iraqi dinar through the opening of the auction's daily buying and selling of foreign currencies minister explained that this policy aimed to raise the value of the Iraqi dinar against other currencies, especially the dollar through a fixed exchange rate of exchange and the value of '1260' dinars to the dollar with a financial policy for the Iraqi dinar to normal, pointing out that the House did not approve a plan of implementation so far" NOT BEEN APPROVED??? HMMM IT'S IN THE BUDGET - RV IS IN THAT ONE LITTLE PARAGRAPH IN THE BUDGET

Guys/Girls, I really enjoy your posts. I usually don't post much, just read to catch up. Can someone please explain the quote above regarding fixing the exchange rate to 1260:1? It sounds to me that they want to fix the rate at 1260. Why/Where do you get they want to reval to a higher rate of 1:1 or higher? Some are saying 1.29IQ to $1 US. I just don't get it. I know they have said on numerous occassions about restoring the currency to the previous levels, but it sounds to me that 1260 is where they are trying to get to and hold. Please prove me wrong, or atleast show me the err in my thinking.

Thanks,
Johnny