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View Full Version : CBI Exchange Rate 10.03.06

paganiniraq
10-03-2006, 08:19 AM
The 781 daily currency auction was held in the Central Bank of Iraq day Tuesday 2006 / 10/ 3 so the results were as follows :

Number of banks 13 -----
Auction price selling dinar / US $ 1473 -----
Auction price buying dinar / US $ ----- -----
Amount sold at auction price (US $) 44.875.000 -----
Amount purchased at Auction price (US $) -----
Total offers for buying (US $) 44.875.000 -----
Total offers for selling (US $) ----- -----

US Dollar
USD
1472.000
1471.264

European Euro
EUR
1875.917
1874.979

Sterling Pound
GBP
2776.339
2774.951

Canadian Dollar
CAD
1319.706
1319.046

Swiss Frank
CHF
1184.613
1184.021

Swedish Krone
SEK
201.021
200.921

Norwegian Krone
NOK
224.565
224.453

Denmark Krone
DKK
251.568
251.442

Japanese Yen
JPY
12.511
12.504
rags2riches99
10-03-2006, 09:59 AM
On the CBI site the 1473 looks like a misprint, should be 1472 or 1471.
paganiniraq
10-03-2006, 10:05 AM
On the CBI site the 1473 looks like a misprint, should be 1472 or 1471.

Not sure how you came to that conclusion but here's the link Exchange Rates (http://www.cbiraq.org/cbs6.htm)
Lux
10-03-2006, 11:26 AM
On the CBI site the 1473 looks like a misprint, should be 1472 or 1471.

If you look at the history link on the exchange page Pagan provided, you will see that the prices consistently flucuates, but it's nothing significant.

History Exchange Rates (http://www.cbiraq.org/C.B.I.%20FOREIGN%20EXCHANGE%20AUCTIONS.pdf)

First 6 pages of the PDF are 2004 rates

Pages 7 through 14 are 2005

The rest are 2006.

:wave:
rags2riches99
10-03-2006, 11:41 AM
If you look under US Dollar on the link you provided you will see:
Selling price US Dollar 1472.000
Buying price US Dollar 1471.264
neither of which rounds to 1473.
Am I missing something?
Skillet
10-03-2006, 11:50 AM
If you look under US Dollar on the link you provided you will see:
Selling price US Dollar 1472.000
Buying price US Dollar 1471.264
neither of which rounds to 1473.
Am I missing something?
Anybody know why the dinar was'nt shown trading on the forex yesterday, I just looked at it and it's back up and bidding 1871.4 against the euro.
Lux
10-03-2006, 12:24 PM
If you look under US Dollar on the link you provided you will see:
Selling price US Dollar 1472.000
Buying price US Dollar 1471.264
neither of which rounds to 1473.
Am I missing something?

When you hit the link, look at the data at the top. That's the exchange rate.

Auction price selling dinar / US $ 1473
Amount sold at auction price (US $) 44.875.000

Cash amounts sold to the bank and its customers were USD(23.545.000) at a rate of(1473+1+10=1484)IQD\USD .
The amount sold to make transfers abroad was USD (21.330.000) at a rate of (1473-2)+ one dinar as a bank fee and exempt the transferred amount from conversion fee.

Not sure why the numbers on the table below the exchange rate are what they are. The typo you are referring to may be in that table then.
Crow
10-03-2006, 03:34 PM
CBI. You are breaking my heart.