DINAR OBSERVER DAILY Nov 29th

Welcome to the Dinar Observer – Daily. For regular Dinar Updates, to see what the Dinar Gurus have to say, Dinar to USD listings, IQD and for Iraqi Dinar info – THAT MATTERS!! This is a good place to start for your Daily Dinar Recap – whether you are a Dinar vet or just looking for a little current Dinar info – Welcome.

Word for the day…

Psalms 106:1

1 Praise the Lord!

Oh, give thanks to the Lord, for He is good!
For His mercy endures forever.

Heavenly Father, thank You that You are good… and for Your mercy, which endures forever. In Jesus Name, Amen.

Mrs BGG

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CURRENCY CODE SELL BUY

Dinar to USD – Dinar Value – Iraqi Dinar “IQD” listing

CURRENCY CODE SELL BUY
US dollar USD 1166.000 1164.000
Euro EUR 1234.328 1233.710
British pound GBP 1756.113 1755.235
Canadian dollar CAD 876.626 876.188
Swiss franc CHF 1142.018 1141.447
Swedish krona SEK 133.929 133.862
Norwegian krone NOK 134.443 134.376
Danish krone DKK 165.446 165.364
Japanese yen JPY 9.525 9.520
Special
Drawing Rights
SDR 1601.571 1600.770

Indicative rates – 11.29.2015 

http://www.cbi.iq/

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We are not to expect to be translated from despotism to liberty in a feather bed. – Thomas Jefferson

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*** Current Posts ***

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SteveI (Dinar Guru) – [How do you think the RV process will unfold and what indicators should we be looking for?]   Indicators will be completed security within Iraq. Look for the final undertaking and freeing Mosul. [Could you give any updates on the progress at Mousil?]  …according to our sources, all troops will have everything under control…within a few weeks.  They need to finish security in the country and then things will move very quickly.
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tlm724 (Dinar Guru) – as much as I don’t trust ole Ali ALak it would appear the IMF is on his azz about regulations etc.. which is great!  things are moving in the right direction.
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Poppy3 – IRAQ SIGNING MILLIONS IN NEW CONTRACTS ALMOST DAILY.  NEW RATE HAS TO BE GETTING CLOSE — Wood Group has won a new contract worth approximately $90 million to deliver services to one of the world’s leading blue-chip international oil companies (IOC) in Iraq.  Article quote “Terex Port Solutions (TPS) has received an order from a subsidiary of International Container Terminal Services, Inc. (ICTSI) in Iraq for two Terex ship-to-shore cranes (STS) and three Terex rubber-tyred gantry cranes (RTG).”   MORE PURCHASES SPENDING IT LIKE WATER. RATE MUST BE CLOSE FRIENDS.
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rcookie (Dinar Guru) – THEY HAVE SAID THE 3 ZERO NOTES WILL AND HAVE BEEN TAKEN IN AND DESTROYED…AND THAT THERE IS A BEYOND CRITICAL LEVEL OF LIQUIDITY FOR BOTH CURRENCIES…AND HAVE COMPLETE ACCOUNTABILITY OF NOTES OUTSIDE THE COUNTRY.
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wmawhite (Dinar Guru) – …the Central Bank of Iraq (CBI) has been selling its most valuable asset, its gold, in order to buy currency off of the streets. If the CBI was going to LOP/strike the zeros from its own currency why would they use their gold to buy the very notes from the citizens? If the CBI was going to LOP it would just tell the world to forget it…the notes are no longer worth anything.   …stop concentrating on the size of the notes…again, when the smaller notes (LDs) finally arrive on the streets we will be long gone…when they are distributed, that means the change in value of the IQD has finally brought the costs of goods down far enough that they no longer need large notes and instead they need smaller notes to use.   …25,000 IQD will always be worth ONLY 25,000 IQD inside Iraq. The IQD will change in value only outside the boarders of Iraq.
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“Round Table” Dinar Call!!

“for Dinar News – that MATTERS!!”
from Sunday 11/29

Smart phone user link – Click here

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tman23 (Dinar Guru) – It really is a simple idea… 1,ooo… 5,ooo… 10,ooo… 25,ooo… 50,ooo…The 3 zero notes will run along side the new notes 1… 5… 10… 25… 50…   They will have the same value. The 50 dinar note was pulled from circulation and ended exchange 4/30/15…you can still exchange them but need to go directly to the CBI to do so.  The 50 note would have been a conflict with the 50,ooo note because the ZEROS are not going to be counted in exchange when they lift the 3 zeros from the notes. Call it whatever you want…A lop…lifting 3 zeros… deleting 3 zeros. They have said in articles time and time again that the 3 zero notes will run along side the new notes. If anyone believes that there are going to be 3 zero notes worth tens of thousands of dollars (which by the way 3 zero notes are in abundance)…floating around the globe for a long period of time…1 month or 2 years is seriously mistaken.
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Millionday (DInar Guru) – [WHATS THE ONE THING WE ARE WAITING ON…?]  THE ONE THING IN MY OPINION THAT WE ARE WAITING ON IS THE NUMBER TO CHANGE.   I HAVE SPENT A LOT OF TIME RESEARCHING… AND HAVE TO SAY — THE ONLY THING I AM WAITING ON IS THE NUMBER AT THIS POINT.  THIS WHOLE WEEK THEY HAVE HAD HUGE WORKSHOPS THAT HAVE INSTRUCTED THE TAX SYSTEM SO ALL CAN UNDERSTAND FOR THE ADVANCEMENT OF THE BUSINESS INVESTORS AND ALSO THE PRIVATE SECTOR.  UNDERSTAND ALL THAT NEEDS TO BE DONE IS ACHIEVED BY ALL THE REFORMS — THE REVALUE FROM THE ENTRY TO THE GLOBAL TRADE -FREE TRADE — INTERNATIONAL EQUATION ETC — ALSO ALL THE NEW FINANCIAL LAWS IN PLACE.  WE ARE Waiting on number to change and no no no no lop imo.
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Poppy3 – KUWAITY DINAR WAS AT $2.18 WHEN THEIR WAR ENDED AND WAS DROPPING, COUNT THE YEARS AND SEE THEM TODAY EVEN WITH THE WAR NEXT DOOR FOR YEARS AND THEY HAVE RISEN BACK UP TO TODAY AT $3.55 AND STEADY THIS SHOWS WHAT OUR DINAR CAN AND WILL DO AT ANYTIME. 
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firefly (Dinar Guru) – They need to give a window to exchange. Be it 3 months or 2 yrs.  Not sure how long we will have but they can’t just cut the currency.
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Frank26 (Dinar Guru) – Current  UN Operational Rates of Exchange:  Iraq IQD Iraqi Dinar 1170 01 Dec 2015”   IMO, significant find because just the fact that this is the first time the U.N. has posted and recognized the Iraq Dinar since March 1, 2010 says something-even though the rate is 1170…something is about to change…soooon!
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