Dinar Daily
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Latest topics
» Deadly stampede could affect Iraq’s World Cup hopes 1/19/23
This came from Wiki I_icon_minitimeYesterday at 6:02 am by Ditartyn

» Dave Schmidt - Zim Notes for Purchase (NOT PHYSICAL NOTES)
This came from Wiki I_icon_minitimeSat Mar 23, 2024 9:25 am by swizzlestick

» ZIGPLACE
This came from Wiki I_icon_minitimeWed Mar 20, 2024 6:29 am by Zig

» CBD Vape Cartridges
This came from Wiki I_icon_minitimeThu Mar 07, 2024 2:10 pm by Arendac

» Classic Tony is back
This came from Wiki I_icon_minitimeTue Mar 05, 2024 2:53 pm by Mission1st

» THE MUSINGS OF A MADMAN
This came from Wiki I_icon_minitimeMon Mar 04, 2024 11:40 am by Arendac

»  Minister of Transport: We do not have authority over any airport in Iraq
This came from Wiki I_icon_minitimeMon Mar 04, 2024 11:40 am by Verina

» Did Okie Die?
This came from Wiki I_icon_minitimeMon Mar 04, 2024 11:34 am by Arendac

» Hello all, I’m new
This came from Wiki I_icon_minitimeWed Jan 31, 2024 8:46 pm by Jonny_5

» The Renfrows: Prophets for Profits, Happy Anniversary!
This came from Wiki I_icon_minitimeWed Jan 31, 2024 6:46 pm by Mission1st

» What Happens when Cancer is treated with Cannabis? VIDEO
This came from Wiki I_icon_minitimeWed Jan 31, 2024 8:58 am by MadisonParrish

» An Awesome talk between Tucker and Russell Brand
This came from Wiki I_icon_minitimeWed Jan 31, 2024 12:16 am by kenlej

» Trafficking in children
This came from Wiki I_icon_minitimeMon Jan 29, 2024 7:43 pm by kenlej

» The second American Revolution has begun, God Bless Texas
This came from Wiki I_icon_minitimeMon Jan 29, 2024 6:13 pm by kenlej

» The Global Currency Reset Evolution Event Will Begin With Gold, Zimbabwe ZWR Old Bank Notes
This came from Wiki I_icon_minitimeSun Jan 28, 2024 3:28 pm by Mission1st

» Tucker talking Canada
This came from Wiki I_icon_minitimeWed Jan 24, 2024 6:50 pm by kenlej

» Almost to the end The goodguys are winning
This came from Wiki I_icon_minitimeMon Jan 22, 2024 9:03 pm by kenlej

» Dinar Daily Facebook Page
This came from Wiki I_icon_minitimeMon Jan 22, 2024 3:34 pm by Ponee

» The Fundamentals of Finance and Pimpy Live
This came from Wiki I_icon_minitimeThu Jan 18, 2024 7:17 am by Dinarhater

» Why Won't the Iraqi Dinar Scam Die?
This came from Wiki I_icon_minitimeWed Jan 17, 2024 5:19 pm by RamblerNash

This came from Wiki

Go down

This came from Wiki Empty This came from Wiki

Post by Ponee Sat Mar 30, 2013 9:57 am

This came from Wiki.... shared by a friend.

The dinar was introduced into circulation in 1932, by replacing the Indian rupee, which had been the official currency since the British occupation of the country in World War I, at a rate of 1 dinar = 11 rupees. The dinar was pegged at par with the British pound until 1959 when, without changing its value, the peg was switched to the United States dollar at the rate of 1 dinar = 2.8 dollars. By not following the devaluations of the U.S. currency in 1971 and 1973, the dinar rose to a value of US$3.3778, before a 5 percent devaluation reduced the value of the dinar to US$3.2169, a rate which remained until the Gulf War, although in late 1989, the black market rate was reported at five to six times higher (3 dinars for US$1) than the official rate.

This came from Wiki 2577816143This came from Wiki 3454816888This came from Wiki 3402893793

*****************
Ponee
Ponee
Admin
Admin

Posts : 38267
Join date : 2011-08-09

Back to top Go down

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum