Thread: is this how kuwaiti dinar revaled

Originally Posted by Dinar Madness

Thank you Neno. Very well put.

But I think I killed the Spirit. lol I wish I could tell more of the news that I have had. Then your head just might POP. There are somethings worth not posting as well as others are.

I feel good of were we are in the Investment. So good infact that I have gone nuts today with the Dong. Dont know if all here read the whole forum, But Bank of America will Exchanged the Dong starting tomorrow in each and every Branch. Tonight you can get online as I have all evening. http://www.rolclub.com/vietnamese-do...tml#post188916

My Point is with my thinking is that this is Big. Lets say they start revalueing the dong here very quick. To me they know that if the Dinar revalued first, there wouldn't be no Dong a few days later. Hey, just a "SPECULATED THOUGHT". Anyone else feel the same?

My Point is with my thinking is that this is Big. Lets say they start revalueing the dong here very quick. To me they know that if the Dinar revalued first, there wouldn't be no Dong a few days later. Hey, just a "SPECULATED THOUGHT". Anyone else feel the same?
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I think your right on the money!! Excuse the pun.LOL
Thats just what I was going to do with rev money...BUY DONG!!!

Yes. It is a fact that the IMF meeting told Vietnam to RV. The current VN rate is also a de-facto peg rate...ie) 16100 + /- dong per USD

All conditions are ripe for action. VN was to move on the same schedule as IQD and has grown understandably impatient with Iraq due to the holdup of the HCL. VN will make a move to RV ASAP ie: this weekend if no HCL

My home town bank, where I used to get VD can not get any more from BOA. They say to now go to Bank of Ireland...as recent as yesterday...Now BOA on line has VD....it seems they will sell to their bank card and account customers, also other Credit card holders...direct on line banking..less than 5000USD

Hugs from Inquisitive

Originally Posted by OHIOFOG

My Point is with my thinking is that this is Big. Lets say they start revalueing the dong here very quick. To me they know that if the Dinar revalued first, there wouldn't be no Dong a few days later. Hey, just a "SPECULATED THOUGHT". Anyone else feel the same?
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I think your right on the money!! Excuse the pun.LOL
Thats just what I was going to do with rev money...BUY DONG!!!

Now that was exactly the same.

Great minds thinking alike...

Hugs from Inquisitive

i owe 10 mil dong. got it from ali at dinartrade. a little more expensive than wells fargo but the service was superb. dinar, dong, drachma.

Originally Posted by DayDream

Seems we have 3 ways of looking at this 75% increase.

#1... The 3.22 USD rate is the "official rate". 75% of 3.22 = 2.41

#2... The 1500 NID that was stated in the beginning as being the "program rate" used during the transitional stage and is NOT the real value of the dinar. 75% of this 'rate' is 375 NID

or my personal favorite

#3... The "Yazzmen rate" which was actually the Black Market rate during Saddams reign which equaled approx. 1.61 USD. 75% of the "Yazzmen Rate" would be $1.20 USD.

To me #3 sounds the most reasonable in terms of what the R/V could initially start at as opposed to $2.41. I have always believed the "Yazzmen Rate" would be the catalyst from which the rate would revolve as per the CBI article of last year. But its JMO.

Cheers!
DayDream

thats right dd!! read the sig vvv woOtttt!!!!
oh yeah, i got me some dongs too but posting in the dong thread might get me kicked out of rol,

Originally Posted by neno

Now that was exactly the same.

You have sparked my interest so I went online and purchased some dong of my own. Let's see how this all pans out there is alot to gain for a small investment.

Originally Posted by shotgunsusie

thats right dd!! read the sig vvv woOtttt!!!!
oh yeah, i got me some dongs too but posting in the dong thread might get me kicked out of rol,

Originally Posted by lglwzrd

i owe 10 mil dong. got it from ali at dinartrade. a little more expensive than wells fargo but the service was superb. dinar, dong, drachma.

And you see all my post. Sometimes.....I world things alittle confusing, right? But I see if a ex-attroney can mis-spell and mis word, than neno can too. BUSTED!!!!