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Thread: OFFICIAL Jan 23/2007- 1 zero removed from exchange rate - Naturally/NO LOP

  1. #1
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    Default OFFICIAL Jan 23/2007- 1 zero removed from exchange rate - Naturally/NO LOP

    Well it finally happened - Canadian bank rates (BC/west coast) have officially rated the dinar at .001031 (third zero gone!) further removing any threat of the dreaded LOP. The buy rate, late Nov/2006 was .0008972 only to increase in late Dec. to .0009207 and now today Jan. 23/2007 to 001031.

    This all coming from a CDN bank that deals with B of A - thus the rates are coming from B of A as well.

    If you want the BC banks name PM me.
    Last edited by coconut; 01-23-2007 at 04:32 PM. Reason: wrong date

  2. #2
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    Quote Originally Posted by coconut View Post
    Well it finally happened - Canadian bank rates (BC/west coast) have officially rated the dinar at .001031 (third zero gone!) further removing any threat of the dreaded LOP. The buy rate, late Nov/2006 was .0008972 only to increase in late Dec. to .0009207 and now today Jan. 23/2007 to 001031.

    This all coming from a CDN bank that deals with B of A - thus the rates are coming from B of A as well.

    If you want the BC banks name PM me.
    Hmmm... interesting... I wonder why they would jump ahead of the CBI rates???

  3. #3
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    Quote Originally Posted by coconut View Post
    Well it finally happened - Canadian bank rates (BC/west coast) have officially rated the dinar at .001031 (third zero gone!) further removing any threat of the dreaded LOP. The buy rate, late Nov/2006 was .0008972 only to increase in late Dec. to .0009207 and now today Jan. 23/2007 to 001031.

    This all coming from a CDN bank that deals with B of A - thus the rates are coming from B of A as well.

    If you want the BC banks name PM me.
    SWEET. ONLY 4 MORE DECIE'S TO GO= .31
    Start by doing what's necessary, then do what's possible, and suddenly you are doing the impossible
    -- St. Francis of Assisi-- ;)

  4. #4
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    Quote Originally Posted by MidwestBoy View Post
    Hmmm... interesting... I wonder why they would jump ahead of the CBI rates???
    CANADIAN dollar!!!

  5. #5
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    My friend just sent me the call sheets - he bought small today but paid more. They would not sell to him last week - out all together.

    At least he got his order in - P/U in 24 hrs.

  6. #6
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    5 seriously doubt if the cbi cares wbout what Canada does. 5 do not think this would effect a lop one way or another.
    2012 - "The Year of the ISX"!!!!!!

  7. #7
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    Default Thats right....

    but were not that far behind you - 12-16 cents.


    Quote Originally Posted by Howler View Post
    CANADIAN dollar!!!

  8. #8
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    I go by the CBI and only the CBI... unless banks in america are buyin back the dinar for .01 - what ever... :)

    Untitled Document - my website...
    I'm not giving up till i'm successful. Iraq is an investment that will make us millions however it might take time. Click here to Laugh Click here to get Scared Know any good stocks? PM me the Symbol. Genius STUDY MY LIFE IT WILL MAKE YOUR RICH>>HERE<<

  9. #9
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    Default I agree...

    but the US rate is not far behind is the point - once we get to two zeroes on the US exchange I think we are all clear - months end?


    Quote Originally Posted by buck74 View Post
    5 seriously doubt if the cbi cares wbout what Canada does. 5 do not think this would effect a lop one way or another.

  10. #10
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    Default FYI about chase

    FYI , I was given word a few minutes ago that Chase Bank will NOW SELL dinars ONLY to Account Holders....I was told you might try bank of america , as that's where they get them from-----
    Make some Money Online Now.
    http://www.cashcrate.com/1952576.

  11. #11
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    Quote Originally Posted by coconut View Post
    but were not that far behind you - 12-16 cents.
    Coconut, My comment was directed at midwest boy
    I think he missed the fact that you were talking about the canadian dollar.;)

  12. #12
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    Quote Originally Posted by coconut View Post
    Well it finally happened - Canadian bank rates (BC/west coast) have officially rated the dinar at .001031 (third zero gone!) further removing any threat of the dreaded LOP. The buy rate, late Nov/2006 was .0008972 only to increase in late Dec. to .0009207 and now today Jan. 23/2007 to 001031.

    This all coming from a CDN bank that deals with B of A - thus the rates are coming from B of A as well.

    If you want the BC banks name PM me.
    Very Very Cool, Coconut...Take A Hug !!!!

    Yes, we know that the dollar lost to the euro today making the euro hit at 1.36680...but Coconut has contributed a significant example of market vs street prices as per our Iraqi boots on the ground. It is a match!

  13. #13
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    Quote Originally Posted by coconut View Post
    Well it finally happened - Canadian bank rates (BC/west coast) have officially rated the dinar at .001031 (third zero gone!) further removing any threat of the dreaded LOP. The buy rate, late Nov/2006 was .0008972 only to increase in late Dec. to .0009207 and now today Jan. 23/2007 to 001031.

    This all coming from a CDN bank that deals with B of A - thus the rates are coming from B of A as well.

    If you want the BC banks name PM me.



    I'm glad it looking good for our neighbors in the North.
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  14. #14
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    More positive things happening.

    I like it!

    Maybe the U.S. will follow right behind....


  15. #15
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    Quote Originally Posted by Hot Sauce 080 View Post
    FYI , I was given word a few minutes ago that Chase Bank will NOW SELL dinars ONLY to Account Holders....I was told you might try bank of america , as that's where they get them from-----
    Sauce give me a ring when you get a chance.

  16. #16
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    Default Exchange rate 1,294.3-2

    Central Bank of Iraq website posted 1/23/07 current exchange rate 3:00:01 1,295.0 1,294.3-2 U.S.D ($0.000772) . You can see the three zeros are present the iraqi currency (the nid) has beeen floating with exchange rates for a long time now; 1,700.0 in 1994 1,500.0 in 2004 1,477.00 in 2005 & 2006 . Lots of activity concerning the rate since november 2006 currently at a exchange rate as compared to the dollar as 1,294.3-2 NEW IRAQI DINARS = ONE U.S.D This dont mean that the international monetary fund will peg the dinar to the u.s.d at a ratio of 1=1 . This wont happen it would cause unwanted volatility. They have these exchange rates to control inflation issues & the real dinar value is much more valueable. $3.50 u.s.d equals one dinar ! We should all understand the real value of the Iraqi currency is a wealthy currency & cannot be 1to1 with the U.S currency as explained above. We will continue to see the exchange rate float.Until the powers to be uncloak the wealth of the country .The iraqi's has oil weathy revenue it is just under a cloak, untill we get through all the red tape. The wealth has always been there! THE DINAR WILL RETURN WITH A PEG TO A BASKET OF CURRENCY'S & IN THE BASKET WITH THE CURRENCYS WILL BE PARTIAL OF OIL . TO BRING THE DINAR ONTO THE WORLD STAGE!......THE TIME IS NEAR.............J.C.W.H p.s cannada dont really have much say int it!

  17. #17
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    Quote Originally Posted by musclesjw View Post
    Central Bank of Iraq website posted 1/23/07 current exchange rate 3:00:01 1,295.0 1,294.3-2 U.S.D ($0.000772) . You can see the three zeros are present the iraqi currency (the nid) has beeen floating with exchange rates for a long time now; 1,700.0 in 1994 1,500.0 in 2004 1,477.00 in 2005 & 2006 . Lots of activity concerning the rate since november 2006 currently at a exchange rate as compared to the dollar as 1,294.3-2 NEW IRAQI DINARS = ONE U.S.D This dont mean that the international monetary fund will peg the dinar to the u.s.d at a ratio of 1=1 . This wont happen it would cause unwanted volatility. They have these exchange rates to control inflation issues & the real dinar value is much more valueable. $3.50 u.s.d equals one dinar ! We should all understand the real value of the Iraqi currency is a wealthy currency & cannot be 1to1 with the U.S currency as explained above. We will continue to see the exchange rate float.Until the powers to be uncloak the wealth of the country .The iraqi's has oil weathy revenue it is just under a cloak, untill we get through all the red tape. The wealth has always been there! THE DINAR WILL RETURN WITH A PEG TO A BASKET OF CURRENCY'S & IN THE BASKET WITH THE CURRENCYS WILL BE PARTIAL OF OIL . TO BRING THE DINAR ONTO THE WORLD STAGE!......THE TIME IS NEAR.............J.C.W.H p.s cannada dont really have much say int it!
    I like your way of thinking.
    more dinar please!

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