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…
Luke 1:26-28 (NKJV)
Christ’s Birth Announced to Mary
26 Now in the sixth month the angel Gabriel was sent by God to a city of Galilee named Nazareth, 27 to a virgin betrothed to a man whose name was Joseph, of the house of David. The virgin’s name was Mary. 28 And having come in, the angel said to her, “Rejoice, highly favored one, the Lord is with you; blessed are you among women!”
Heavenly Father, thank You for angels! Thank You for the Good News announced to Mary of Christ’s birth! 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 | 1292.281 | 1291.634 |
British pound | GBP | 1775.955 | 1775.067 |
Canadian dollar | CAD | 856.212 | 855.783 |
Swiss franc | CHF | 1194.181 | 1193.584 |
Swedish krona | SEK | 139.188 | 139.119 |
Norwegian krone | NOK | 135.239 | 135.171 |
Danish krone | DKK | 173.189 | 173.103 |
Japanese yen | JPY | 9.698 | 9.693 |
Special Drawing Rights |
SDR | 1632.649 | 1631.833 |
Indicative rates – 12.18.2015
http://www.cbi.iq/
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All bad precedents begin with justifiable measures. – Julius Caesar
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*** Current Posts ***
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firefly (Dinar Guru) – I’m not looking at the ISX, that will come after the fact IMO My focus is the auctions and the tariffs and taxes being activated. Nothing else matters…Nothing.
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rcookie – HUGE…UNDER RADAR 16 BUDGET ARTICLES INCLUDED INCLUSION OF PESHMERGA IN FEDERAL SYSTEM AND GIVEN PERCENTAGE OF GROUND FORCES COMMAND BUDGET…ALONG WITH NEWS OF VOTE TO ADOPT FORMER OIL AGREEMENT BETWEEN ERBIL & BAGHDAD…THE UNDER THE RADAR AGREEMENTS CONTAINED IN THE BUDGET ARE AWESOME!
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Poppy3 – I CAN’T BE SURE, BUT IT APPEARS AS IF THE CBI HAS PUBLISHED A LIST OF CURRENCY VENDORS/BANKS, TO WHICH THEY ARE ISSUING ORDERS TO STOP PROCESSING/SELLING/DEALING IN THE DOLLAR. …THEY ARE DEFINITELY MOVING TO GET TO USING EXCLUSIVELY THEIR DINAR FOR ALL TRANSACTIONS. WATCH FOR RATE AND LDS TO SHOW ANY DAY NOW. TIME WILL TELL BUT I FEEL VERY CONFIDENT WE ARE GOING TO HAVE A VERY HAPPY NEW YEAR. 2016 MAY JUST ROCK YOUR WORLD.
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Mnt Goat (Dinar Guru) – Iraq is meeting their commitments to pass needed legislature and the beginning of the new year seems to be moving upon us as time seems to be moving faster and faster. We have great expectations for the first part of the first quarter of 2016 as a new RV window and it is just around the corner. Hang in just a little longer all you dinar investors.This IQD currency reform is about to come to a conclusion, at least the part that we want….lol…
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Breitling (Dinar Guru) – If you’re going to watch the Iraqi Dinar and you want to do it correctly then you want to do it by the numbers and by policy and that’s the only way you should do it. There’s these articles coming out about the 50k and 100k notes and every time the articles come out people think according to the CBI it’s a different scenario or it’s a different definition than we read three months ago…it’s the same thing! Nothing has changed. The Ministry of Finance, the Ministry of Planning and the CBI they don’t change the definition from one article to the next. It is solid. It is written into law. What needs to be done. How they are going to do it. What currencies are going to be released or reduced. And the CBI manages that process. Every article that comes out about the 50K notes and the 100K notes doesn’t change anything or the definitions…
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rcookie – IRAQ HAS ENTERED INTO AGREEMENT WITH IMF FOR COMPLETE AUDITING MONITORING OVERSIGHT OF THE CBI…ECONOMIC AND MONETARY REFORM AND POLICIES… INCLUDING OVERSEEING THE 2016 BUDGET EXPENDITURE ALLOCATIONS AND DISBURSEMENT…THAT IMF MONITORING PANEL IS RUN BY MASOOD AHMED…DIRECTOR OF IMF MIDDLE EAST OFFICE OVERSEEING THE MANAGEMENT OF IRAQS ECONOMY…DEDUCTIBLE EXPENSES… ACTIONS… AND POLICIES AFFECTING IRAQS ECONOMIC AND MONETARY REFORMS. IMF IS IN CONTROL…DRIVING THE BUS…IMPACTING POLICY AND ACTIONS.
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Millionday – “the international encase Monetary announced he put the finishing touches on a deal to monitor, evaluate and manage the Iraqi economy.” THIS IS THE ANNOUNCEMENT OF THE FINAL TOUCHES OF THE IMF MONITORING PROGRAM FOR IRAQ`S ECONOMY. THE IMF WILL BE MONITORING THE USE OF THE APPROVED BUDGET AND ITS APPLICATION AND SUCCESS. THEY WILL MEET WITHIN THE NEXT COUPLE DAYS AND SIGN THE DOCUMENT FOR ITS APPLICATION. THE US WAS ALSO MEETING WITH THEM…TO NEGOTIATE THE FUNDING OF THE WAR ON ISIS. SO WE WOULD EXPECT THAT IRAQ IS RETURNING TO ECONOMIC GREATNESS IN THE MARKET AS EXPECTED. THIS IS ALL HUGE NEWS.
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Poppy3 – AWESOME NEWS IS STILL RINGING IN MY EARS. SEEMS IT WAS ALL CERTIFIED AS FACTUAL. NOW AS IT IS PUBLISHED FOR THREE DAYS BEGINNING SATURDAY WE WATCH THEIR ACTIONS TO KNOW OUR FATE FROM HERE FORWARD. I EXPECT TO SEE FAST ACTIONS MOVING FORWARD AND TO STILL WAIT TILL JAN 1 DATE FOR ALL TO BE IMPLEMENTED. THE GREAT NEWS IS FROM ALL MY NOTES EVERYTHING WE HAVE EVER BEEN TOLD WAS A POSSIBLE HOLD UP HAS BEEN COMPLETED AS LONG AS THEY TAKE THE ACTIONS TO IMPLEMENT.
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wmawhite (Dinar Guru) – …remember back in March when the CBI stated that the deletion of the zeros would be preceded by administration and procedural processes. Well…in conjunction with the MoU between the CBI and the IMF, you are seeing just that. And what did the IMF state that their expectations are of Iraq? Answer: that iraq will enter the economy market during the first half of 2016. IMO, that is where Iraq is headed. [...the way they are going I would say the very first part o 2016.] Very possible.
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Frank26 (Dinar Guru) – Everything is on course…Dr.S has told us…they’re going to start a float…to start a float that means you have to get the program rate, walk out of the IMF, and be internationally recognized so you can start the float... …we told you …the budget is going to be…approved… and then right after the 31st when that clock rings, it’s going to be activated! So there it is! …they passed that budget today [Wednesday] and it has the HCL inside it. You need a rate for that and that’s why it’s never been there before…never! What else will you see between the 31st – 1st probably around the 31 st or 1st – that trifacta: 1 – This budget. 2 – The rate – it might be a 1:1 if it goes into an RV. 3 – Tax and Tariffs – extremely important for that budget. You can’t avoid them with the budget – it’s to fuel the budget. IMO the 2016 budget is ignition for all they have prepared themselves for their economies.
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firefly (Dinar Guru) – [ANYTHING…UNEXPECTED IN THE BUDGET?] Everything needed for success is in the budget! EVERYTHING.
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Poppy3 – WOW. THE AWESOME NEWS JUST KEEPS FLOWING. PRINTING IN GAZETTE SATURDAY. RATE CAN SHOW ANYTIME…IRAN SANCTIONS ALSO BEING LIFTED. TO MY KNOWLEDGE NOTHING ELSE LEFT…THE LIFTING OF THOSE SANCTIONS WAS A HANGING SPOT NOW HAVE INFORMATION THAT WAS CLEARED… NOW I CAN FIND ZIP STILL PENDING. SHABIBI STATED YEARS AGO AND HENRY KISSINGER SAID WHEN THEY FINISH THE LIST OF REQUIREMENTS THE RATE WILL SHOW. MYSELF AND OTHERS HAVE REVIEWED AND CAN FIND NOTHING TO PREVENT A NEW RATE FROM BEING ASSIGNED TO THE DINAR…WOW.
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rcookie (Dinar Guru) – …THE FORMER OIL AGREEMENT BETWEEN BAGHDAD AND ERBIL…IN BUDGET AND APPROVED! THERE IS A NEW SHERIFF OVERSEEING 2016 BUDGET ALLOCATIONS AND DISBURSEMENTS…AND HIS NAME IS IMF…BUDGET RECAP HAS THE IMF FINGERPRINTS…INFLUENCE AND LEVERAGE ALL OVER IT…COMPLETELY TRANSPARENT! …THERE WERE LITERALLY 50+ REPORTS OF ITS PASSING WITH DETAILED PARTICULARS OF ALL THE FINAL ADJUSTMENTS MADE…AND THE FINAL VERSION IN WRITING…AMNESTY LAW WAS REPORTED YESTERDAY TO BE PUT TO VOTE BY END OF MONTH!
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Iraqi Dinar/Dollar auction (most recent listing) 12-17-15
Currency Auctions Announcement No. 3097
This daily currency auction was held in the Central Bank of Iraq on the 12-17-2015
The results were as follows:
DETAILS | NOTES |
Number of banks | 24 |
Number of remittance companies | 15 |
Auction price selling dinar / US$ | 1182 |
Auction price buying dinar / US$ | —– |
Amount sold at auction price (US$) | 162,173,408 |
Amount purchased at Auction price (US$) | —– |
Total offers for buying (US$) | 162,173,408 |
Total offers for selling (US$) | —– |
More: http://dinarupdates.com/blog/
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Millionday (Dinar Guru) – [so we wont see any type of rv until that time?] NO THIS MEANS THAT BY THAT CONFERENCE THE ARAB REGION AND AFRICA WILL BE IN A POSITION TO ATTEND THE CONFERENCE TO PROMOTE THE ISX ETC TO BE INVESTED IN — IT WILL BE WITH THE REALITY OF THE VALUES OF SHARES. THE VALUES WILL ALREADY BE APPLIED IF THIS GOES IN THE TIMELINE THEY HAVE PLANNED HERE. THE VALUE OF THE SHARES AND THE CURRENCY AS THEY ARE CALCULATED BY OUR GLOBAL ECONOMIC SYSTEM — THIS IS HOW THE ACTUAL VALUE OF ALL CURRENCIES ARE DEFINED — THAT MEANS IT WILL HAVE WITHIN THE ISX THE ACTUAL CALCULATED VALUES ACCORDING TO FORMAL GLOBAL ECONOMIC CALCULATIONS — THIS MY FRIENDS IS HUGE NEWS. [post 3 of 3]
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Millionday (Dinar Guru) – THE AMOUNT ATTENDING IS HUGE AND THE MEDIA WILL BE THERE AS WELL SO THIS WILL BE A TIMELINE THAT WE CAN EXPECT THE “CAT OUT OF THE BAG” CONCERNING ALL INFORMATION TO INVEST IN THE ISX SO IT WOULD BE INTERNATIONALLY RECOGNIZED IMO AND ALSO BE INVESTABLE — [post 2 of 3…stay tuned]
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Millionday (Dinar Guru) – Article quote: “Iraq Stock Exchange is seeking to open up to the world through the definition of the activities of the private sector traded companies with a view to increasing investment in the banking and industrial sectors and services“ A HUGE ISX CONFERENCE WILL BE HELD IN LONDON…JAN 20TH TO 21ST. THIS IS FOR INVESTMENT SO OBVIOUSLY THIS IS HUGE HUGE NEWS…THEY WILL BE PREPARED BY THE 20TH AND 21ST OF JANUARY TO PROMOTE THE INTERNATIONAL INVESTMENT IN THE ISX AND ALL THE COMPANIES LISTED INCLUSIVE OF THE DINAR AS WELL. [post 1 of 3….stay tuned]
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SteveI (Dinar Guru) – [The hcl from what I understood…was supposed to follow the budget maybe tomorrow…?] Yes it is within the same time frame. All very good. Another very positive note that my contacts told me, is that Iraq is deferring or delaying or postponed (whatever word you choose) the introduction of the 50K note until January 2016. This is great news because I think they will revalue the currency and scrap the 50K note. We are following this very closely. This is really positive to me because if you are going to revalue, then why introduce it and just confuse everyone and draw it back in. This is starting to get very exciting my friends.
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Aggiedad77 (Dinar Guru) – The LAWS are done. The BUDGET is passed. We know what to look for at the CBI…We know the auctions need to stop. Long weekend coming up at the end of the month. Dr. Shabibi should be happy….HAPPY NEW YEAR Iraqi Citizens. Taxes and Tariffs….oh yes….where…at the borders…when….soon. How does Dr. Shabibi plan to celebrate the New Year? We could help him ring in a new rate. Just storming the brain some here
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Millionday (Dinar Guru) – [CAN YOU TELL US IF THE BUDGET IS PASSED OR NOT?] THE BUDGET WAS PASSED…FINALLY. VERY GOOD NEWS AS IT HAS OPENED MANY DOORS AND MANY PLANS DUE TO AGREEMENT ON WHERE THE FUNDING GOES ETC — HUGE NEWS FOR IRAQ AND INVESTORS. THE HCL WILL BE VOTED THROUGH AT LEAST IS PLANNED TO BE THIS WEEK FOLLOWING THE BUDGET DUE TO THE AMOUNT OF THE BUDGET THAT ADDRESSES SO MUCH INCLUDED IN THE BUDGET — SO SHOULD BE RIGHT AWAY WITHIN DAYS IF NOTHING HALTS PLANS.
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Poppy3 – NEWS CONFIRMED — IRAQ BUDGET PASSED…IT INCLUDES HCL…ALL CONFIRMED TO BE PUBLISHED SATURDAY. THE KURDS GOT THEIR 17%…EVERYONE HAPPY, THEN IRAN SANCTIONS TO BE LIFTED WITHIN DAYS PER USA CONGRESS…FROM ALL THE NEWS THERE TO MY KNOWLEDGE THERE IS NOTHING NOW PENDING TO PREVENT THE NEW RATE FROM APPEARING AT ANYTIME. HOWEVER I DO EXPECT FOR BANKING REASON THEY MAY WAIT TILL THE JAN 1 DATE…IF ANYTHING CHANGES I WILL GET BACK TO YOU IMMEDIATELY. I AM SUPER PUMPED.
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Adam Montana (Dinar Guru) – [There has been talk out in the real world that Iraq should revalue its currency when the time comes and keep it in line with neighboring countries that have Dinar. Do you agree with this premise?] No, Iraq will put it’s value at whatever the CBI decides – not what the neighboring countries are doing.
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firefly (Dinar Guru) – [so where do we think we are on the rv before 25 dec 2015?] IMO, we are VERY close. The date doesn’t matter, what matters is that it has begun! We can crunch numbers all we want, speculate all we want. Bottom line is, this plan was not designed to fail!
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Poppy3 – …TARIFFS WILL NOT PRODUCE A DIME OF PROFITS AT THIS RATE…THEY HAVE TRIED TO IMPLEMENT IT SEVERAL TIMES AND FOUND IT COST MORE THAN IT BRINGS IN. THEY WILL RV BEFORE A TARIFF LAW WILL PRODUCE ANY PROFITS.
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