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…
1 Thessalonians 5:18 (NKJV)
18 in everything give thanks; for this is the will of God in Christ Jesus for you.
Heavenly Father, thank You for Your Love, Grace, Mercy, and Forgiveness! We pray for Your will to be done on earth as it is in Heaven! 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 | 1166.000 | 1164.000 |
| Euro | EUR | 1234.328 | 1233.710 |
| British pound | GBP | 1756.113 | 1755.235 |
| Canadian dollar | CAD | 876.626 | 876.188 |
| Swiss franc | CHF | 1142.018 | 1141.447 |
| Swedish krona | SEK | 133.929 | 133.862 |
| Norwegian krone | NOK | 134.443 | 134.376 |
| Danish krone | DKK | 165.446 | 165.364 |
| Japanese yen | JPY | 9.525 | 9.520 |
| Special Drawing Rights |
SDR | 1601.571 | 1600.770 |
Indicative rates – 11.28.2015
http://www.cbi.iq/
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The price of freedom is the willingness to do sudden battle, anywhere, at any time, and with utter recklessness. – Robert Heinlein
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*** Current Posts ***
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Poppy3 – I FEEL EXACTLY ABOUT THE RV AS I HAVE FOR MONTHS. IT IS A FOREGONE CONCLUSION… IT IS HAPPENING AS WE SPEAK AND WAS TOLD THE SITUATION ABOUT 4 MONTHS AGO FROM A MAN THAT KNOWS IN FACT THE DAY BEFORE I WAS PRIVILEGED TO BE ON A CALL WITH HIM HE HAD ADDRESSED CONGRESS. HE SAID ALL THE LEADERS OF IRAQ HAVE MET IN A PRIVATE MEETING. THE IMF HAD GIVEN THEM THE LIST OF ALL REQUIRED THINGS FOR EACH OF THEM AND WHEN THEY COMPLETE THAT LIST THE RV WILL SHOW AND NOT BEFORE… THEY ARE MAKING PROGRESS AND WILL COMPLETE THE JOB ASAP FOR THEMSELVES SO THEY ARE WORKING FOR ME AND YOU EVERYDAY. WE DONT KNOW THE LIST AND CAN’T INFLUENCE IT SO RELAX THEY WILL BRING IT TO YOU SOON.
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“Round Table” Dinar Call!!
“for Dinar News – that MATTERS!!”
Sunday 11/29 – 2:30pm CST
Smart phone user link – Click here
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firefly (Dinar Guru) – They are/were amending existing laws that are already in the Law Library but were never activated due to the corruption of the previous regime. Last public update was Aug 13th…3 months ago…well, nearly 4 months now and those were amendments also. IMO we may never hear or made aware of any activations. The laws are already in there!
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SteveI (Dinar Guru) – [do we need to exchange our 25,000 we have not for the 50,000 or just in country?] Absolutely NOT! This is an in country only. I talked to may sources and I want to put this to rest now. The 50K has been in the works for awhile and was to draw the lower three zeros in due to the counterfeiting. This was forces by the CBI and all of the citizens have been aware of this process. This was a plan not just a matter of fact. All is good.
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tman23 – No idea what rate…only that they are talking about lifting the 3 zeros and hope we have the opportunity to catch the window of exchange before 3 zeros are lifted from the exchange on the nominal value of the notes themselves. The 50k notes are a real concern…And as I said IMO…they are not good for us…no matter who tries to spin it, it doesn’t spin! But glad to see they held off on the release of the notes…which is good for us IMO.
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wmawhite (Dinar Guru) – [u r talkin Dec to enter the world market?] The translation from the IMF came out a couple of different ways. I read it has an expectation the IMF has that Iraq will be re-entering the global markets sometime within the first half of 2016. In order to do so what does Iraq need to have? Answer: a currency it calls its own with a value that reflect the true wealth of Iraq. I don’t think they are waiting on anything…it is evident that the CBI/GOI/IMF plus a few we don’t know about have been working together to bring…as the IMF said, bring Iraq back into the economic markets by sometime during the first half of 2016. Iraq want the world to know…they want all folks to see them as a great place to invests. They want the IQD to be used worldwide…because that runs the value of the IQD up.
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firefly (Dinar Guru) – It is definitely a plan and IMO they have run out of time. I’m still expecting a lot of misleading and recycled material this month. Dec should be very exciting. IMO…Do or die.
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Mnt Goat (Dinar Guru) – So are they now telling us they are recalling these 50k notes. It appears they are very confused about what to do about these notes. Instead of sticking to a plan they cave into political pressures and spoil their plan. We just have to watch and see how this all plays out. But one thing we do know for sure is their plan and how they began to execute it.It also appears there is some timeline lurking on the 2016 horizon that Iraq knows it must face if they do not get this currency issue straight and fix it before. …tic, toc, tic, toc… [post 2 of 2]
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Iraqi Dinar/Dollar auction (most recent listing) 11-26-15
Currency Auctions Announcement No. 3082
This daily currency auction was held in the Central Bank of Iraq on the 11-26-2015
The results were as follows:
| DETAILS | NOTES |
| Number of banks | 23 |
| Number of remittance companies | 18 |
| Auction price selling dinar / US$ | 1166 |
| Auction price buying dinar / US$ | —– |
| Amount sold at auction price (US$) | 223,269,000 |
| Amount purchased at Auction price (US$) | —– |
| Total offers for buying (US$) | 223,269,000 |
| Total offers for selling (US$) | —– |
More: http://dinarupdates.com/blog/
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Mnt Goat (Dinar Guru) – I still feel we are very close to the ultimate RV but now the process is stalled again. We know from at least three articles that came from the CBI and the Ministry of Finance that in fact they did launch the 50k notes already. I have friends in Iraq too that have them. They even released pictures of them to me. So since we have FACTUAL evidence they already launched the 50k notes then how in hell can they now be just “postponing” the launching till early next year? Does not make any sense…[post 1 of 2….stay tuned]
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firefly (Dinar Guru) – sure as heck won’t be 86 cents since that is based off the program rate and a program rate is NOT a real rate…it is an imposed rate by the IMF…remember, the IQD is the only currency in the past 10 plus yrs that has never decreased in value. just remember, the lowest currency in the ME is 20 something cents so forget this stupid 10 cent speculation.
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Backdoc (Dinar Guru) – NOW FOR SOMETHING REALLY IMPORTANT THAT YOU MIGHT NOT KNOW. IRAN AND RUSSIA ARE PREPARING TO DO CURRENCY SWAPS IN TWO TO THREE WEEKS! WHY WOULD THEY WANT TO DO THIS? THAT TIME FRAME TAKES US TO MID-DECEMBER! …BOTH THE RIAL AND THE DINAR CURRENCIES SHOULD SHOW UP IN THE PUBLIC VENUE AROUND THAT TWO TO THREE WEEK PERIOD SINCE NEITHER WILL GET AN ADVANTAGE OF LAUNCH OVER THE OTHER! OTHERWISE, FINANCIAL DAMAGE COULD BE DONE TO EACH OTHERS’ CURRENCY IF THEY DON’T LAUNCH TOGETHER! WELL, WE ARE CERTAINLY EXCITED BY FACTS THAT TELL A STORY AND I LIKE THE WORDS IN THIS STORY! I EXPECT THIS COMING DECEMBER WILL BE A DECEMBER TO REMEMBER!
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tman23 – Iraq is on a schedule and they have not missed any dates…What some perceive as missed are only speculations as to what is happening. …they are on a schedule…IRAQ is in BIG TROUBLE if they do not move quickly.
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firefly (Dinar Guru) – Can’t have border Tariffs without a rate that is NOT a program rate. Interesting the 50k notes have been postponed also. Supposedly till 2016. December should be VERY interesting. …things are looking VERY promising.
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