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highrollr19
08-25-2004, 09:39 PM
I am not trying to get anyone's hopes up, but I came across this article. I was searching for a graph that would show the iraqi currency rate all the way back to the 90's, and found this. It has a lot about the Iraqi econmy, and if you will scan down to the middle of the page, it says that the Iraqi dinar was official set at .31 since 1982. I know this isn't the 3$ that everyone was hoping for... but it would be great news if they would reset the currency to the same rate!!!!!

http://www.nationmaster.com/country/iz/Economy

highrollr19
08-25-2004, 09:50 PM
Maybe this could be where everyone is stuck on the number .31 from!!! I hope so, and I hope it returns back to that fixed rate!!!!!!!!!!!!

Dinars2Dollars
08-25-2004, 09:50 PM
$1 USD = 0.31 Dinar is the same as 1 Dinar = $3.22 -- I think.

highrollr19
08-25-2004, 09:52 PM
Iraqi dinars per US dollar - 0.31 (2002), 0.31 (2001), 0.31 (2000), 0.31 (1999), 0.31 (1998), note: fixed official rate since 1982; market rate subject to wide fluctuations

Not sure which way... you may be right!

the_hulk
08-25-2004, 10:40 PM
Hopefully it gets reset to .31 or higher but as it also says in that article: "market rate subject to wide fluctuations"

kelleyB
08-25-2004, 10:55 PM
I think they might be refering to the Black Market Rate

I hope it does open up at .31 like everyone else. It would mean the world to me. Then hubby and I can cash in just a small portion and sit on the rest for a couple years. I just wish the damn thing would open. I am just going to say January for my OWN peace of mind and purchase till then.

Psycho for Dinar
08-25-2004, 10:55 PM
The fix from 1982 was 1 USD/ .31 IQD or $3.21 USD/ 1 IQD. From what I have read, anything other than that is considered as being "Black Market Rates". Some of these exchange sites were using still using that conversion up until about June. I don't think it'll have any bearing on the return rate but it sure would be nice if it did!

PennStateMtnMan
08-26-2004, 01:55 AM
This is Mrs MtnMan. My husband just read that article and he is sitting in the corner rocking back and forth mumbling "more dinars, more dinars, more dinars, I need more dinars". I am not worried yet until he says "The more dinars, the bigger the boobs."

kelleyB
08-26-2004, 02:01 AM
:lmao: Oh my you two are having way too much fun... Nah keep having it. I wouldn't worry until then either. That or when he gets a glazed over look to his eyes and his brows keep reaching to the sky and drool starts to flow over the edge of his bottom lip... then you might want to worry also. lol

PennStateMtnMan
08-26-2004, 02:10 AM
Hey Kelley, we are watching World News right now and they are showing apes opening birthday gifts and eating watermellon. Is this the official dinar party? If so, how come my husband hasn't made an appointment with the plastic surgeon? I figured that would be the first person he calls when the dinar hits.

kelleyB
08-26-2004, 02:16 AM
LMAO :lmao: I have the jump on everyone...:shhh:

dinardude
08-26-2004, 08:39 AM
he is sitting in the corner rocking back and forth mumbling "more dinars, more dinars, more dinars, I need more dinars". I


Now that's funny...in this house we have that same problem...hey kelleyB remember the little retarded guy (fast1)...ahha maybe that's what he was doing in the corner. :lmao: