Latest topics
Med chat 2-2-2012 4:00 pm Eastern (ISSUANCE OF NEW BANK NOTES AND VALUE)
2 posters
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
Med chat 2-2-2012 4:00 pm Eastern (ISSUANCE OF NEW BANK NOTES AND VALUE)
Med chat 2-2-2012 4:00 pm Eastern
Med says to (16:14:18):
BEEN READING SOME STUFF
NOT ON THE SITE
DYANAMITE STUFF
BUT I GAVE MY WORD
IT FACT
NOT RUMOR
AND OFFICIAL
Aunt Gwennie says to (16:15:25):
It's Looking Better Every Day Now....So sooooon
Med says to (16:16:27)
I CANT TELL YOU THIS
THAT WHEN THE LAST EXCHANGE OF DINAR CAME ABOUT
IF YOU HAD 25K DINAR
YOU GOT 25K DINAR NEW
SAME ALL THE WAY DOWN
DIDNT MATTER
AND THEY GAVE 1 YR TO EXCHANGE
ALL THE OLD CURRENCY EXCHANGED
WAS MARKED
THEN IMMEDIATELY DESTROYED
IT WAS ONE TO ONE
I KNOW THIS FOR FACT
I EXPECT THE EXACT SAME HERE
AND IN ACCORDANCE TO CPA ORDER 43
THIS IS WHAT HAS TO BE DONE
THE ORDER STILL IS IN EFFECT
MOST OF YOU DONT KNOW WHAT THE CPA ORDERS ARE
BUT THEY ARE IMPORTANT
AND LEGAL
AND BINDING
ESPECIALLY SINCE IRAQ IS STILL UNDER CHAPTER VII
THE ISSUE AND CHANGE OF RATE
IS THE SAME CIRCUMSTANCES AS IT WAS IN 2003
THERE IS AN URGENT ECONOMIC NEED FOR THE ISSUANCE
OF NEW BANKNOTES
AND A VALUE THAT WILL INSTILL CONFIDENCE IN THE PUBLIC TO USE THEM
THIS WILL HELP STRENGTHEN THE MONETARY AND FINANCIAL SYSTEMS IN IRAQ
AND HELP IN STRENGTHENING THE ECONOMY
IRAQ NEEDS TO STABILIZE IT'S ECONOMY
AND NOT JUST OIL
Aunt Gwennie says to (16:22:02):
Hopeful it will be a 2 year exchange
Med says to (16:22:11):
MONETARY CONDITIONS NEED TO BE CREATED
THAT CREATE LONG TERM GROWTH AND INVESTMENT
WHY AG
I NEED 24 HRS
ARE YOU WALKING TO THE BANK
LOL
SamAdam222 says to (16:22:58):
I'll take two days.
Aunt Gwennie says to (16:23:04):
will I will cash in the big note...but might keep the little one for exchange at a later date
Med says to (16:23:18):
BE CAREFUL OF WHAT YOU WISH FOR
AS THEY SAY
YOU MIGHT GET IT
Aunt Gwennie says to (16:23:51):
and I might not
Med says to (16:23:52):
AFTER I CASH IN
I AM PUTTING TO BARE WIRES
ON MY GONADS
AND SHOCKING MYSELF
TILL EVERYTHING IRAQ
Bam Bam says to (16:24:16):
hi med I am cashing in and forgetting that there is an Iraq..
tmac096 says to (16:24:17):
as soon as I get the info from you and MM17 I'm heading to cash in and I ain't lloking back
Med says to (16:24:18):
IS OUT OF MY SYSTEM
Med says to (16:14:18):
BEEN READING SOME STUFF
NOT ON THE SITE
DYANAMITE STUFF
BUT I GAVE MY WORD
IT FACT
NOT RUMOR
AND OFFICIAL
Aunt Gwennie says to (16:15:25):
It's Looking Better Every Day Now....So sooooon
Med says to (16:16:27)
I CANT TELL YOU THIS
THAT WHEN THE LAST EXCHANGE OF DINAR CAME ABOUT
IF YOU HAD 25K DINAR
YOU GOT 25K DINAR NEW
SAME ALL THE WAY DOWN
DIDNT MATTER
AND THEY GAVE 1 YR TO EXCHANGE
ALL THE OLD CURRENCY EXCHANGED
WAS MARKED
THEN IMMEDIATELY DESTROYED
IT WAS ONE TO ONE
I KNOW THIS FOR FACT
I EXPECT THE EXACT SAME HERE
AND IN ACCORDANCE TO CPA ORDER 43
THIS IS WHAT HAS TO BE DONE
THE ORDER STILL IS IN EFFECT
MOST OF YOU DONT KNOW WHAT THE CPA ORDERS ARE
BUT THEY ARE IMPORTANT
AND LEGAL
AND BINDING
ESPECIALLY SINCE IRAQ IS STILL UNDER CHAPTER VII
THE ISSUE AND CHANGE OF RATE
IS THE SAME CIRCUMSTANCES AS IT WAS IN 2003
THERE IS AN URGENT ECONOMIC NEED FOR THE ISSUANCE
OF NEW BANKNOTES
AND A VALUE THAT WILL INSTILL CONFIDENCE IN THE PUBLIC TO USE THEM
THIS WILL HELP STRENGTHEN THE MONETARY AND FINANCIAL SYSTEMS IN IRAQ
AND HELP IN STRENGTHENING THE ECONOMY
IRAQ NEEDS TO STABILIZE IT'S ECONOMY
AND NOT JUST OIL
Aunt Gwennie says to (16:22:02):
Hopeful it will be a 2 year exchange
Med says to (16:22:11):
MONETARY CONDITIONS NEED TO BE CREATED
THAT CREATE LONG TERM GROWTH AND INVESTMENT
WHY AG
I NEED 24 HRS
ARE YOU WALKING TO THE BANK
LOL
SamAdam222 says to (16:22:58):
I'll take two days.
Aunt Gwennie says to (16:23:04):
will I will cash in the big note...but might keep the little one for exchange at a later date
Med says to (16:23:18):
BE CAREFUL OF WHAT YOU WISH FOR
AS THEY SAY
YOU MIGHT GET IT
Aunt Gwennie says to (16:23:51):
and I might not
Med says to (16:23:52):
AFTER I CASH IN
I AM PUTTING TO BARE WIRES
ON MY GONADS
AND SHOCKING MYSELF
TILL EVERYTHING IRAQ
Bam Bam says to (16:24:16):
hi med I am cashing in and forgetting that there is an Iraq..
tmac096 says to (16:24:17):
as soon as I get the info from you and MM17 I'm heading to cash in and I ain't lloking back
Med says to (16:24:18):
IS OUT OF MY SYSTEM
Re: Med chat 2-2-2012 4:00 pm Eastern (ISSUANCE OF NEW BANK NOTES AND VALUE)
COALITION PROVISIONAL AUTHORITY ORDER NUMBER 43
NEW IRAQI DINAR BANKNOTES
Pursuant to my authority as Administrator of the Coalition Provisional Authority (CPA),
and under the laws and usages of war, and consistent with relevant U.N. Security Council
resolutions, including Resolution 1483 (2003),
Noting that different series of Iraqi dinar banknotes are currently circulating in Iraq,
Understanding that there is an urgent economic need for the issuance of banknotes that
will instill public confidence and facilitate the use of money for its traditional purposes;
Recognizing the need to strengthen the monetary and financial systems of Iraq, in order to
stabilize the economy and create monetary conditions for long-term growth;
Determined to provide a legal framework for the introduction of a new series of Iraqi
dinar banknotes to be issued by the Central Bank of the Iraq to replace the currently
circulating dinar banknotes;
I hereby promulgate the following:
Section 1
Definitions
“CBI” means the Central Bank of Iraq.
“Conversion Period” means the period of time from October 15, 2003, up to and
including January 15, 2004.
“Legal instrument” means any legally binding legislative or statutory provision, act of
administration or regulation, judicial decision, contract, unilateral legal act, payment
instrument other than a banknote, and any other document or instrument with legal
effect.
“Legal tender” means Iraqi dinar banknotes and coins issued by the CBI, that are
valid and have not been repealed, which any debtor may legally use for payments of
all public and private debts, public charges, taxes and dues of any amount
denominated in Iraqi dinars and against which no creditor can legally refuse payment
of any amount due to him or her denominated in Iraqi dinars.
CPA/ORD/14 October 2003/43
“New Iraqi dinar” means the new series of Iraqi dinar banknotes that are issued by the
CBI after the date that this Order enters into force.
“1990 dinar” means banknotes issued by the CBI from 1990 up to and including the
date that this Order enters into force.
“Official Conversion Rates” means the rates of conversion set forth in Section 5.
“Swiss dinar” means banknotes and coins issued by the CBI from 1959 up to and
including 1989.
Section 2
Currency Exchange
The CBI shall be responsible for the exchange of Iraqi dinar banknotes currently
circulating in Iraq and may issue Administrative Instructions consistent with this
Order, for the purpose of implementing and facilitating the issuance of the New Iraqi
dinar and the currency exchange.
Section 3
Issue of New Iraqi Dinar Banknotes
1) The CBI is, pursuant to Article 34 of the Central Bank of Iraq Law No. 64 of
1976, as amended, the sole authority in the Republic of Iraq vested with the power
to issue legal tender currency. The CBI, under the supervision of the CPA, shall
issue New Iraqi dinar banknotes and determine the denominations, designs,
technical specifications, and other characteristics of New Iraqi dinar banknotes.
2) The CBI shall ensure that the banknotes redeemed against New Iraqi dinar
banknotes, as provided for by this Order, are safely, promptly and securely
destroyed.
3) The CBI shall also decide on the volumes, costs and other particulars related to the
production and distribution of the New Iraqi dinar banknotes and on the collection,
transportation, and destruction of the banknotes and coins submitted in exchange
for New Iraqi dinar banknotes.
4) New Iraqi dinars shall be legal tender within Iraq, effective on the first date of the
Conversion Period.
CPA/ORD/14 October 2003/43
Section 4
Conversion
1) The exchange of currently circulating 1990 dinar banknotes and Swiss dinar
banknotes and coins against New Iraqi dinar banknotes shall take place during the
Conversion Period by exchanges at the Official Conversion Rates, free of charge,
at the offices of the CBI and banks and other institutions designated by the CBI.
2) Notwithstanding paragraph 1 of this Section, Swiss dinar banknotes with a face
value of 25 dinars may not be exchanged during the Conversion Period. Such
banknotes may only be exchanged pursuant to Administrative Instructions issued
by the CBI pursuant to paragraph 3 of this Section.
3) Following the expiration of the Conversion Period, no 1990 dinar banknotes or
Swiss dinar banknotes or coins shall be exchanged for New Iraqi dinar banknotes,
except as permitted pursuant to Administrative Instructions issued by the CBI.
Section 5
Official Conversion Rates
The 1990 dinar banknotes and the Swiss dinar banknotes and coins shall be
exchanged against New Iraqi dinar banknotes at the official conversion rates of one
(1) 1990 dinar to one (1) New Iraqi dinar, and of one (1) Swiss dinar to one-hundredand-
fifty (150) New Iraqi dinars.
Section 6
Legal Tender Banknotes
1) During the conversion period, 1990 dinar banknotes, Swiss dinar banknotes and
coins, and New Iraqi dinar banknotes shall all be legal tender banknotes in Iraq
and each type of Iraqi dinar may be used as such in proportion to its Official
Conversion Rate.
2) After January 15, 2004, only New Iraqi dinar banknotes issued by the CBI shall be
legal tender banknotes.
Section 7
Freedom of Contract
Parties to a contract or to any other voluntary transaction may denominate the
payment obligations arising from such a contract or transaction in Iraqi dinar that is
legal tender or in any foreign currency they agree upon and payment in discharge of
CPA/ORD/14 October 2003/43
http://en.wikisource.org/wiki/Order_43:_New_Iraqi_Dinar_Banknotes
Here is the PDF link to see the actual document... http://www.casi.org.uk/info/cpa/20031015_CPAORD43.pdf
The order appears to have no bearing on the release of any new dinar... IMHO
CJ
NEW IRAQI DINAR BANKNOTES
Pursuant to my authority as Administrator of the Coalition Provisional Authority (CPA),
and under the laws and usages of war, and consistent with relevant U.N. Security Council
resolutions, including Resolution 1483 (2003),
Noting that different series of Iraqi dinar banknotes are currently circulating in Iraq,
Understanding that there is an urgent economic need for the issuance of banknotes that
will instill public confidence and facilitate the use of money for its traditional purposes;
Recognizing the need to strengthen the monetary and financial systems of Iraq, in order to
stabilize the economy and create monetary conditions for long-term growth;
Determined to provide a legal framework for the introduction of a new series of Iraqi
dinar banknotes to be issued by the Central Bank of the Iraq to replace the currently
circulating dinar banknotes;
I hereby promulgate the following:
Section 1
Definitions
“CBI” means the Central Bank of Iraq.
“Conversion Period” means the period of time from October 15, 2003, up to and
including January 15, 2004.
“Legal instrument” means any legally binding legislative or statutory provision, act of
administration or regulation, judicial decision, contract, unilateral legal act, payment
instrument other than a banknote, and any other document or instrument with legal
effect.
“Legal tender” means Iraqi dinar banknotes and coins issued by the CBI, that are
valid and have not been repealed, which any debtor may legally use for payments of
all public and private debts, public charges, taxes and dues of any amount
denominated in Iraqi dinars and against which no creditor can legally refuse payment
of any amount due to him or her denominated in Iraqi dinars.
CPA/ORD/14 October 2003/43
“New Iraqi dinar” means the new series of Iraqi dinar banknotes that are issued by the
CBI after the date that this Order enters into force.
“1990 dinar” means banknotes issued by the CBI from 1990 up to and including the
date that this Order enters into force.
“Official Conversion Rates” means the rates of conversion set forth in Section 5.
“Swiss dinar” means banknotes and coins issued by the CBI from 1959 up to and
including 1989.
Section 2
Currency Exchange
The CBI shall be responsible for the exchange of Iraqi dinar banknotes currently
circulating in Iraq and may issue Administrative Instructions consistent with this
Order, for the purpose of implementing and facilitating the issuance of the New Iraqi
dinar and the currency exchange.
Section 3
Issue of New Iraqi Dinar Banknotes
1) The CBI is, pursuant to Article 34 of the Central Bank of Iraq Law No. 64 of
1976, as amended, the sole authority in the Republic of Iraq vested with the power
to issue legal tender currency. The CBI, under the supervision of the CPA, shall
issue New Iraqi dinar banknotes and determine the denominations, designs,
technical specifications, and other characteristics of New Iraqi dinar banknotes.
2) The CBI shall ensure that the banknotes redeemed against New Iraqi dinar
banknotes, as provided for by this Order, are safely, promptly and securely
destroyed.
3) The CBI shall also decide on the volumes, costs and other particulars related to the
production and distribution of the New Iraqi dinar banknotes and on the collection,
transportation, and destruction of the banknotes and coins submitted in exchange
for New Iraqi dinar banknotes.
4) New Iraqi dinars shall be legal tender within Iraq, effective on the first date of the
Conversion Period.
CPA/ORD/14 October 2003/43
Section 4
Conversion
1) The exchange of currently circulating 1990 dinar banknotes and Swiss dinar
banknotes and coins against New Iraqi dinar banknotes shall take place during the
Conversion Period by exchanges at the Official Conversion Rates, free of charge,
at the offices of the CBI and banks and other institutions designated by the CBI.
2) Notwithstanding paragraph 1 of this Section, Swiss dinar banknotes with a face
value of 25 dinars may not be exchanged during the Conversion Period. Such
banknotes may only be exchanged pursuant to Administrative Instructions issued
by the CBI pursuant to paragraph 3 of this Section.
3) Following the expiration of the Conversion Period, no 1990 dinar banknotes or
Swiss dinar banknotes or coins shall be exchanged for New Iraqi dinar banknotes,
except as permitted pursuant to Administrative Instructions issued by the CBI.
Section 5
Official Conversion Rates
The 1990 dinar banknotes and the Swiss dinar banknotes and coins shall be
exchanged against New Iraqi dinar banknotes at the official conversion rates of one
(1) 1990 dinar to one (1) New Iraqi dinar, and of one (1) Swiss dinar to one-hundredand-
fifty (150) New Iraqi dinars.
Section 6
Legal Tender Banknotes
1) During the conversion period, 1990 dinar banknotes, Swiss dinar banknotes and
coins, and New Iraqi dinar banknotes shall all be legal tender banknotes in Iraq
and each type of Iraqi dinar may be used as such in proportion to its Official
Conversion Rate.
2) After January 15, 2004, only New Iraqi dinar banknotes issued by the CBI shall be
legal tender banknotes.
Section 7
Freedom of Contract
Parties to a contract or to any other voluntary transaction may denominate the
payment obligations arising from such a contract or transaction in Iraqi dinar that is
legal tender or in any foreign currency they agree upon and payment in discharge of
CPA/ORD/14 October 2003/43
http://en.wikisource.org/wiki/Order_43:_New_Iraqi_Dinar_Banknotes
Here is the PDF link to see the actual document... http://www.casi.org.uk/info/cpa/20031015_CPAORD43.pdf
The order appears to have no bearing on the release of any new dinar... IMHO
CJ
Last edited by CaptnJerry on Thu Feb 02, 2012 6:50 pm; edited 1 time in total (Reason for editing : Added PDF Link)
*****************
Inspired by Splovengates "Be ready between sunday and monday night, or maybe tuesday or wednesday, could also be thursday but definitely by friday.... probably next week, monday or late tuesday night, wednesday morning to hear the rv and should be cashing in on the following tuesday the 1st part of january or february. Sooner more than later. But no later than the beginning of 2013. Certainly not before then. Until then, let's enjoy the ride!
Come on RI/RV!
CaptnJerry- Elite Member
- Posts : 991
Join date : 2011-10-10
Age : 53
Location : Texas
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
Fri May 10, 2024 5:03 pm by kenlej
» Go Russia
Sun May 05, 2024 11:37 am by kenlej
» Go Russia
Sun May 05, 2024 10:51 am by kenlej
» Textbook Tony
Mon Apr 29, 2024 4:13 pm by Mission1st
» The Rockefellers and the controllers are freaking out right about now
Fri Apr 26, 2024 11:16 am by kenlej
» Phony Tony sez: Full Steam Ahead!
Sat Apr 13, 2024 11:51 am by Mission1st
» Dave Schmidt - Zim Notes for Purchase (NOT PHYSICAL NOTES)
Sat Apr 13, 2024 11:45 am by Mission1st
» Russia aren't taking any prisoners
Fri Apr 05, 2024 6:48 pm by kenlej
» Deadly stampede could affect Iraq’s World Cup hopes 1/19/23
Wed Mar 27, 2024 6:02 am by Ditartyn
» ZIGPLACE
Wed Mar 20, 2024 6:29 am by Zig
» CBD Vape Cartridges
Thu Mar 07, 2024 2:10 pm by Arendac
» Classic Tony is back
Tue Mar 05, 2024 2:53 pm by Mission1st
» THE MUSINGS OF A MADMAN
Mon Mar 04, 2024 11:40 am by Arendac
» Minister of Transport: We do not have authority over any airport in Iraq
Mon Mar 04, 2024 11:40 am by Verina
» Did Okie Die?
Mon Mar 04, 2024 11:34 am by Arendac
» Hello all, I’m new
Wed Jan 31, 2024 8:46 pm by Jonny_5
» The Renfrows: Prophets for Profits, Happy Anniversary!
Wed Jan 31, 2024 6:46 pm by Mission1st
» What Happens when Cancer is treated with Cannabis? VIDEO
Wed Jan 31, 2024 8:58 am by MadisonParrish
» An Awesome talk between Tucker and Russell Brand
Wed Jan 31, 2024 12:16 am by kenlej
» Trafficking in children
Mon Jan 29, 2024 7:43 pm by kenlej