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No one knows, not even those in Iraq yet. lol With so many delays in forming government, with each delay the oil prices are going up, and as with a week ago, the dollar was dropping, and now artificially raised by fed announcement they were printing 70 billion more funny money, so day to day markets will end up impacting the value of the dinar when it finally does revalue.
My personal opinion is it will be on par with dollar, so given the value of dollar finally went back to 80, expect the dinar to be close to a dinar to dollar level, not must more at this point, but do not cash in all your dinar for this is just the initial revalue to test market reaction as I see it.
Simply put, hold onto your dinar and only cash what you need to get out of debt or pay for what you need and cannot wait for, such as better car or whatever depending on how much you are holding. As I see it, this first revalue will flush out all those who have been holding dinar for years, so don't cash all your dinar in or you will regret it. It is no secret Iraqi officials have always said they wanted to restore dinar to former levels, and that means it will rise to $3.22 range, so keep that in mind for the dollar is about to collapse under the weight of unheard of debt, and with China no longer investing in our worthless treasure bonds, the end of the road is in sight, so hold any currency other than dollars. Loonies would be my best advice if you feel you must cash out, but remember, you heard it hear, hold your dinars.
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How much is 6000 in 1803 worth today?
6,000 floppals in 1803 are worth 296,000 floppals in 2010 because of severe unbalance in the floppal market due to the crash of 1857 and 1987. Many people were made homeless due to the floppal crash.
What would 7000 English pounds in the 1500s be worth in 2010?
20,000 pounds today is roughly 5 million dollars in u.s. currancy wich is about 33,554,987,762 chines yen hope that helps.
What countries are in the British empire 2010?
The British Empire this 2010 includes the United Kingdom, the three Crown dependencies and the 14 British Overseas Territories.
When did Dale B Ride die?
he died in 2010
How many years ago was 1750AD?
2010 - 1750 = 260
Will the dinar revalue in 2010?
will iraqi dinar revalue in 2014
Did the dinar revalue in 2010?
The Iraqi government weakened the dinar in 2010 to stabilize it.
Will the Iraqi Dinar revalue in September of 2010?
It depends on the central bank of Iraq and several other factors ie formation of a government in Iraq and the UN lifting Chapter 7 Bankruptcy. The short answer is that it is complicated, but unlikely to happen in September.
Is the Iraqi dinar going to revalue in oct 2010?
Yes, as soon as government is formed, which is now announced to be done this month, so with all the issues that had to be completed, now almost done, this is the month all investors will remember for the rest of their lives.
How much Iraqi dinar in circulation now?
According the the CBI, in 2010 there was nearly 27 trillion Iraqi Dinar in circulation. That does include the money that was embezzled out of a branch of the central bank. Within in the last year, the CBI has started to bring dinars back into its reserves and now there should be around 18-20 trillion still in circulation.
Iraqi dinar value as at June 2010?
Almost worthless at 1170, but better than 1400 where it was when I first invested, now with new prime minister, and parliament about to be seated, the time for restoring dinar to former value is fast approaching. Success to all, RecessionProof-Business.com
What currency is worth more in the world?
Kuwaiti Dinar. 1 KWD = 3.4685 USD as on 9th Feb 2010 by Google Currency Converter.
1 Kuwait dinar is how much Indian rupees?
3.97878 INR (As of February 15, 2010) INR equals approximately 25.13 IQD
When was Iraqi National Movement created?
Iraqi National Movement was created in 2010.
Will the Iraq dinar revalue in the month of December 2010?
Good chance, but no one knows for sure, talk is cheap in Iraq, action is priceless, so with new parliament mandated to be seated by Dec. 30th, all the pieces of puzzle are soon to be in place, so all we can do is wait and see. Mortgage-Free-Homes.com
Will Iraqi dinar revalue in 2011?
It has been said to the IMF (International Monetary Fund) by Iraq in a letter of Intent that they do Intend to Revalue their currency June 30, 2012 but that has been delayed due to Technical Difficulties report by Zambia, another Country set to revalue. Below is an excerpt from the letter of intent. We may interpret the ID3.2 as dinar revalue rate , the same rate pre-gulf war. This is still speculating until the Central Bank announces a statement. We conducted a review of all the bank accounts that were classified as belonging to the central government (a benchmark that had originally been envisaged for end- March 2010). Due to the very large number of accounts involved, this review took much longer than we had anticipated. We have nearly completed the review, which has enabled us to reclassify about ID3.2 dinar in accounts mistakenly classified as belonging to self-funded agencies as central government investment accounts. The bulk of the accounts, however, were found not to belong to the central government. Of the ID 29.1 trillion reported as of end-June 2010 as belonging to the public sector, only ID 11 trillion was found to belong to the central government and reconciled with Treasury records. Of the ID 16.1 trillion that were classified as public sector deposits, ID 3.4 trillion belonged to the pension fund; ID 6.1 trillion belonged to state-owned enterprises, and the remainder belonged to other public agencies and institutions that operate outside the central government. We will continue to investigate the largest accounts of enterprises and self-funded agencies to determine whether these may include outstanding advances extended by spending units that should be closed and recovered.
What is the last day of operation Iraqi freedom?
31 August 2010
