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…
Philippians 3:13 (NKJV)
13 Brethren, I do not count myself to have apprehended; but one thing I do, forgetting those things which are behind and reaching forward to those things which are ahead,
Heavenly Father, Thank You for Your Grace & Mercy! By Your grace and mercy, we forget those things which are behind and reach forward to those things which are ahead. 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 | 1182.000 | 1180.000 |
Euro | EUR | 1252.920 | 1252.294 |
British pound | GBP | 1782.220 | 1781.328 |
Canadian dollar | CAD | 883.937 | 883.495 |
Swiss franc | CHF | 1148.911 | 1148.337 |
Swedish krona | SEK | 135.959 | 135.891 |
Norwegian krone | NOK | 136.164 | 136.096 |
Danish krone | DKK | 167.948 | 167.864 |
Japanese yen | JPY | 9.598 | 9.593 |
Special Drawing Rights |
SDR | 1623.973 | 1623.161 |
Indicative rates – 12.05.2015 (no change as of 12/02)
http://www.cbi.iq/
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I am a great believer in luck. The harder I work, the more of it I seem to have. – Coleman Cox
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*** Current Posts ***
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firefly (Dinar Guru) – The 1st step to the public monetary reform began on the 1st when the CBI changed their rates. They told us they would adjust 2 days prior…And sure enough… They must turn the currency on before the LDs and fils are distributed to the private sector! The LDs are worthless at the rate they are now.
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Millionday (Dinar Guru) – HUGE ANNOUNCEMENT THAT ELECTRONIC BANKING IS READY FOR ALL TRANSACTIONS — EXTERNALLY AND DOMESTIC… THE CANCELLATION OF AUCTIONS IS A GREAT MOVE DUE TO THE RATES THEY ARE BEING SOLD AT AND ALSO THE DATE — EVERYONE KNOWS WE ARE IN A GREAT PLACE AND IRAQ IS GETTING ALOT OF THINGS DONE — MANY LEADERS ARE IMPRESSED BY ABADI. NOW IS THE CHANCE TO CHANGE THE VALUE OF THE DINAR.
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mike (Dinar Guru) – Iraq’s in a pickle, if they stop or reduce the auction’s, the dinar will drop to 1400 – 1 or so like it did earlier this year. If they don’t, the reserves will continue to erode. Without the dinar in in Article VIII, they can’t buy the imports they need and they can’t, according to the IMF, get into Article VIII until they’ve held the spread to 2% for 90 days. Something’s got to give at some point.
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Millionday (Dinar Guru) – REGULAR BANKING — VISA AND INTERNATIONAL CALCULATIONS… THEIR BANKING WILL COMPETE NOW IN INTERNATIONAL BANKING AND LOCAL WITH A PART IN THE ISX AS WELL. THIS MEANS ELECTRONIC AS IN ATM AND INFO SHARED TO CASH CHECKS AND USE VISA ALL OVER…THIS IS HUGE…TAKES THEM TO MARKET AND MODERN BANKING AND GLOBAL MARKET
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Adam Montana (Dinar Guru) – I will make one…comment on the rate change done by the CBI. A couple people…mentioned that it could be a move by the CBI to get things tightened up with the IMF, and I’ve heard rumblings of that from my contacts as well. The rate moved from 1164 to 1182. That’s less than a 2% change, but it is only significant if you understand that the CBI is playing a very precise game with the Dinar, and even a small change like that can give them mountains of data that will make them more prepared to make a much bigger change in the opposite direction. Fingers crossed that my contacts are correct and things are still poised to do something big.
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Poppy3 – TALKED WITH THE COL FRIEND…HE SAID PEOPLE LOVE ABADI AND ARE EXCITED THAT THEY CAN SEE ABADI WAS MAKING GREAT CHANGES IN LEADERSHIP AND THEY FEEL HE IS REALLY PUSHING TO FINISH FINANCIAL REFORM AND INCREASE THEIR BUYING POWER BEFOR JAN 1 OF 2016.
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wmawhite (Dinar Guru) – we are looking for one particular event and that is a change in the status of the IQD…and the IMF has indicated that Iraq will be entering the “markets” during the first half of 2016. In order for Iraq to enter the “markets” the IQD needs to change.
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firefly (Dinar Guru) – …I am expecting Dec to be a VERY exciting month? I’m expecting many things this month…all good! Remember this, all plans have an end date!
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Iraqi Dinar/Dollar auction (most recent listing) 12-03-15
Currency Auctions Announcement No. 3087
This daily currency auction was held in the Central Bank of Iraq on the 12-03-2015
The results were as follows:
DETAILS | NOTES |
Number of banks | 3 |
Number of remittance companies | 2 |
Auction price selling dinar / US$ | 1166 |
Auction price buying dinar / US$ | —– |
Amount sold at auction price (US$) | 2,170,000 |
Amount purchased at Auction price (US$) | —– |
Total offers for buying (US$) | 2,170,000 |
Total offers for selling (US$) | —– |
More: http://dinarupdates.com/blog/
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