Replies to post #7841 on Iraqi Dinar Discussion Board (IQD)

[RICK C]

WELL at least the FOREX shows a Glimmer of Hope------
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1,000,000.00 IQD = 801.6353 USD
Iraq Dinars United States Dollars
1 IQD = 0.000801635 USD 1 USD = 1,247.45 IQD

Announcement No.(955)

D.G. of Foreign Exchange Control

The 955 daily currency auction was held in the Central Bank of Iraq day Thursday 2007/6/28 so the results were as follows :

Details Notes
Number of banks 15 -----
Auction price selling dinar / US $ 1250 -----
Auction price buying dinar / US $ 1248 -----
Amount sold at auction price (US $) 53.440.000 -----
Amount purchased at Auction price (US $) 8.500.000
Total offers for buying (US $) 53.440.000 -----
Total offers for selling (US $) 8.500.000 -----

[Rasica]

I agree, but even if it does take another 4 years (like it has already been suggested to hit $1), I'm sure that will be tolerable as well :O)