The Iraqi government weakened the dinar in 2010 to stabilize it.
Kuwaiti Dinar. 1 KWD = 3.4685 USD as on 9th Feb 2010 by Google Currency Converter.
Kuwaiti Dinar (ISO 4217 code KWD).it is equals to 3.46 us$ and in terms of rupees it is 153.48 as of April 24 2010.
The Kuwaiti Dinar is the highest valued unit of currency.1 Kuwaiti Dinar is - at current rates - worth 2.02 Pounds Sterling or US $3.73As of Dec 27, 2010:1 Kuwaiti Dinar (KD) = 3.55 USD (US Dollar) = 2.29 GBP (Pounds Sterling).The most valuable banknotes in current general circulation (Dec 27, 2010) are :10,000 Singapore Dollar note (US$7,700)1,000 Swiss Franc note (US$1,050)1,000 Singapore Dollar note (US$770)500 Euro note (US$660)What_is_the_world's_most_expensive_banknote
The U.S. government's fiscal year begins on October 1 of the previous calendar year and ends on September 30 of the year with which it is numbered. Prior to 1976, the fiscal year began on July 1 and ended on June 30. The Congressional Budget and Impoundment Control Act of 1974 stipulated the change to allow Congress more time to arrive at a budget each year, and provided for what is known as the "transitional quarter" from July 1, 1976 to September 30, 1976. As stated above, the tax year for a business is governed by the fiscal year it chooses.For example, the United States government fiscal year for 2010 ("FY 2010" or "FY10") is as follows:1st Quarter: October 1, 2009 - December 31, 20092nd Quarter: January 1, 2010 - March 31, 20103rd Quarter: April 1, 2010 - June 30, 20104th Quarter: July 1, 2010 - September 30, 2010This three-month period on a financial calendar that acts as a basis for the reporting of earnings and the paying of dividends.
will iraqi dinar revalue in 2014
The Iraqi government weakened the dinar in 2010 to stabilize it.
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.
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.
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.
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
Iraqi National Movement was created in 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
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.
31 August 2010
The cast of Ahmed the Iraqi Clown - 2010 includes: Jason Abrams as Uncle Matin Atrushi as Ahmed Scott Bowman as Parent John Ceccon as Friend
The following are the Jeopardy Final Categories for the September weekday episodes: September 1 2010 Comic Strip Characters September 2 2010 Authors September 3 2010 Actors September 6 2010 U.S.A. September 7 2010 Official State Songs September 8 2010 Movie History September 9 2010 American Literature September 10 2010 Middle East Countries September 13 2010 Musical Theater September 14 2010 Literature and Movie Title Objects September 15 2010 Monarchs September 16 2010 Word and Phase Origins September 17 2010 Rivers September 20 2010 The Western Hemisphere September 21 2010 Sports and Media September 22 2010 The British Isles September 23 2010 Poetry September 24 2010 Presidents September 27 2010 National Historic Sites September 28 2010 Biblical Beasts September 29 2010 Geographic Terms September 30 2010 Alliterative Athletes