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forex dropped from 1165 to ? I_icon_minitimeMon Jan 29, 2024 7:43 pm by kenlej

forex dropped from 1165 to ?

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forex dropped from 1165 to ? Empty forex dropped from 1165 to ?

Post by geezer Sun Jan 22, 2012 6:13 pm

http://www.forexpros.com/currencies/usd-iqd 1165 to 1160
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Post by Bcolorad Sun Jan 22, 2012 6:16 pm

oanda has it @ 1155.14

http://www.oanda.com/currency/converter/
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Post by geezer Sun Jan 22, 2012 6:19 pm

i understand the forex sites ...but what does it mean if iraq is still holding it back?
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Post by Bcolorad Sun Jan 22, 2012 6:21 pm

I still don't understand how it's on the forex sites. What I understand from what most say, is that it's not a tradeable currency.
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Post by geezer Sun Jan 22, 2012 6:21 pm

does any one think shabbs is letting the forex and market determen the rate??
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Post by Bcolorad Sun Jan 22, 2012 6:25 pm

geezer wrote:does any one think shabbs is letting the forex and market determen the rate??

One can hope. But I thought they needed to be released from the u.n. sanctions to be tradeable?
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Post by geezer Sun Jan 22, 2012 6:25 pm

vnd and yuen is dropping also ..something is going on!!
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Post by PrudenceArt Sun Jan 22, 2012 6:31 pm

here we Go.... someone knows the market even before cbi posts MAN I wish I had the cash to short this trade

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Post by geezer Sun Jan 22, 2012 6:35 pm

PrudenceArt wrote: here we Go.... someone knows the market even before cbi posts MAN I wish I had the cash to short this trade
??????? scratch
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forex dropped from 1165 to ? Empty Re: forex dropped from 1165 to ?

Post by PrudenceArt Sun Jan 22, 2012 6:45 pm

USD/IQD Details
USD/IQD for the 24-hour period ending Saturday, Jan 21, 2012 22:00 UTC @ +/- 0%
Selling 1.00000 USD
you get 1,155.14 IQD
Buying 1.00000 USD
you pay 1,172.83 IQD
l

Look at the buy sell spread you can sell at 1555 but cannot buy less than 1172 to stop profit takers from dumping and re buying

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Post by Bcolorad Sun Jan 22, 2012 6:49 pm

So I could sell 1,172.83dinar for a buck
and I can buy 1,155.14 dinar for a buck

Right?
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Post by ou812 Sun Jan 22, 2012 6:55 pm

Bcolorad wrote:So I could sell 1,172.83dinar for a buck
and I can buy 1,155.14 dinar for a buck

Right?

The other way around.

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Post by Bcolorad Sun Jan 22, 2012 7:01 pm

oops.
I was reading it that if I sell one USD I get 1,155.14 IQD
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Post by Bcolorad Sun Jan 22, 2012 7:04 pm

Selling 1.00000 USD
you get 1,155.14 IQD
Buying 1.00000 USD
you pay 1,172.83 IQD
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Post by ADMIN Sun Jan 22, 2012 7:06 pm

geezer wrote:vnd and yuen is dropping also ..something is going on!!

GEEZER!!! My heart is starting an uptick...

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Post by Bcolorad Sun Jan 22, 2012 7:22 pm

another drop

Selling 1.00000 USD
you get 1,137.20 IQD
Buying 1.00000 USD
you pay 1,183.50 IQD
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Post by jbish422 Sun Jan 22, 2012 7:23 pm

It is now 7.23pm the rate is noe $1134

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Post by spirit144 Sun Jan 22, 2012 8:04 pm

IT CHANGED? ARE YOU KIDDING?
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Post by silkysand Sun Jan 22, 2012 8:57 pm

Bcolorad wrote:I still don't understand how it's on the forex sites. What I understand from what most say, is that it's not a tradeable currency.

The way I see it is......Banks didn't consider the "trading rules " when they generously traded american money for the dinar.........cause I for one at no given point was selling them my USD$$$ should that had been the case , I would of negotiated a better deal for my USD$$ lololol........The actual transaction that took place was a Trade for an even exchange at the undisputed rate available at the time........which was 1170, so yeah ........you could say we traded bigsmile
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