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SEP 12 - Kuwait rved currency today I_icon_minitimeMon Jun 17, 2024 5:58 am by kenlej

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SEP 12 - Kuwait rved currency today

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SEP 12 - Kuwait rved currency today Empty SEP 12 - Kuwait rved currency today

Post by MatthewR Mon Sep 12, 2011 3:13 pm

According to multiple sites and converters http://www.ezforex.com/ Kuwait rved their currency today at a rate of $4.11 Many gurus have said that kuwait would rv with or slightly before the IQD. Could this really be the end???

SEP 12 - Kuwait rved currency today Kuwait13

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SEP 12 - Kuwait rved currency today Empty What was their rate before

Post by HealthScans Mon Sep 12, 2011 3:19 pm

Does anyone know what the rate was before?

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Post by Goji818 Mon Sep 12, 2011 3:21 pm

~ $3.64
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SEP 12 - Kuwait rved currency today Empty Not sure you really have a KWD RV

Post by joyful Mon Sep 12, 2011 3:24 pm

I don't think this is an RV - it think it might be reflecting the spread on a purchase that is not done electronically through a forex acct.

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SEP 12 - Kuwait rved currency today Empty Re: SEP 12 - Kuwait rved currency today

Post by gridkeeper Mon Sep 12, 2011 3:24 pm

Wow! So the $4.41 rate that Bear and Tony (separately) talked about could be for real for Iraq!
EZforex does not show Iraq unfortunately.

This is very exciting! groupdance

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SEP 12 - Kuwait rved currency today Empty Re: SEP 12 - Kuwait rved currency today

Post by revalued824 Mon Sep 12, 2011 3:25 pm

Forex.com is still showing KWD to USD at $3.62...
:?:
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SEP 12 - Kuwait rved currency today Empty Re: SEP 12 - Kuwait rved currency today

Post by gridkeeper Mon Sep 12, 2011 3:27 pm

Okay...all you naysayers: Go to this site and use the Currency Converter.

http://www.ezforex.com/

It clearly says that Kuwait is now at $4.11.

IT IS ON THE MOVE! THE BALL IS IN PLAY! :bball:

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SEP 12 - Kuwait rved currency today Empty Re: SEP 12 - Kuwait rved currency today

Post by Catherine Mon Sep 12, 2011 3:30 pm

I SEE IT TOO-KUWAIT=$4.11!!!! Wonder what it really means though???? Any forex gurus out there?!?! I wonder why Iraq is not listed?


Last edited by Catherine on Mon Sep 12, 2011 3:31 pm; edited 1 time in total
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SEP 12 - Kuwait rved currency today Empty Re: SEP 12 - Kuwait rved currency today

Post by gridkeeper Mon Sep 12, 2011 3:30 pm

ALSO: BEAR JUST SAID HE WAS HEARING THAT IT WAS A DONE DEAL ($4.41 IQD) BUT THEY ALL WANTED TO SEE IT SHOW UP ON THE BANK SITES/FOREX BEFORE THEY CALLED IT.

Were being very cautious about being sure. You can read it here:

http://www.dinarrecaps.com/our-blog.html

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SEP 12 - Kuwait rved currency today Empty This was in Okie's Chat posted on this sight this morning

Post by phantomssecret Mon Sep 12, 2011 3:32 pm

[bear5642] I AHVE A CONFIRMATION THAT THE KWD WILL COME OUT TOMORROW AT 4.17

[..SweetQueen] bear5642 ROGER THAT 10/4

[..OKIE OIL MAN] I AM NOT HERE TONIGHT TO BE BOMBARDED WITH QUESTIONS---I FIGURE I HAVE ANSWERED MY FAIR SHARE BY NOW

[Bulldog75] bear5642 : BRAVO THERE.

[bear5642] SO WILL IRAQ COEM OUT HIGHER TO BACK UP SHABIBI STATEMENT OF "THE STROGNEST CURRENCY IN THE MIDDLE EAST"

[texas_ranger] bear5642 thats the rate right, not country code? thx

[..OKIE OIL MAN] BEAR--THATS YET TO BE DECIDED

[bear5642] IF THE KWD COMES OUT AT 4.17 THEN IRAQ WILL COME OUT HIGHER
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Post by utjdd Mon Sep 12, 2011 3:32 pm

I clicked on his link and put in 1 Kuwait Dinar and it also showed 4.11 Just curious if anyone else tried the link?

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Post by angela2600 Mon Sep 12, 2011 3:36 pm

I also went to the site and it does say 4.11 but none of the other forex sites show that. They still show 3.62

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Post by Catherine Mon Sep 12, 2011 3:36 pm

Could the person who started this thread change the title for now at least? It is in the process of being verified and if people see the current subject title as is, many will be freaking out!!! :shock: :face: :cyclops: THANKS!
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Post by Catherine Mon Sep 12, 2011 3:38 pm

Phantom could you add the date & time to your post from Bear & Okie please?
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SEP 12 - Kuwait rved currency today Empty YAHOO FINANCE/CURRENCY CONVERTER KWD

Post by alewisac Mon Sep 12, 2011 3:43 pm

JUST WENT ON YAHOO AFTER SEEING THE EZFOREX.COM POST.
KWD: $1.00USD TO $0.2757KWD
THAT'S $3.2678USD TO $1.00KWD
NO CHANGE THERE.

ANY OTHER SITES WE CAN CHECK?

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SEP 12 - Kuwait rved currency today Empty Re: SEP 12 - Kuwait rved currency today

Post by alewisac Mon Sep 12, 2011 3:45 pm

SORRY

tHAT'S $3.6278USD NOT $3.2678USD

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SEP 12 - Kuwait rved currency today Empty Re: SEP 12 - Kuwait rved currency today

Post by gridkeeper Mon Sep 12, 2011 3:48 pm

Okay, nobody is going to go read it...I'll post it here...this just happened:
(posted at DinarRecaps)

Bear5642 OOMC 2:45pm (ET)
09/12/2011 2:45 PM [bear5642] OK EVERYBODY LISTEN UP

2:47 PM [bear5642] OK WE ARE MAKING CALLS INTO THE SANDBOX RIGHT NOW AND GETTING CONFIRMATION ON THE NEWS OF 4.41 RV IN KUWAIT WE WILL HAVE PEOPLE THEIR RIGHT NOW AND HAVE GOTTEN 1 CALL IN ALREDAY AND WE WANT 3

2:49 PM [bear5642] KWD WAS SUPPOSED THE RV TODAY

2:50 PM [bear5642] TO RV THEIR TODAY

2:51 PM [PaPaJack1952] asells tell bear5642 it RVed about 30mins ago and Iraq

2:52 PM [bear5642] I KNOW THAT AND WE ARE TRYING TO MAKE SURE IT WASNT THE KWD

2:54 PM [bear5642] I WAS TOLD LAST NIGHT THE THE KWD WAS TO REVALUE TODAY AND THE IQD WOULD FOLLOW

2:57 PM [bear5642] JOSEY WALES WE HAVE CALLS INTO IRAQ RIGHT NOW

3:00 PM [bear5642] ASELLS SCOTTIG JUST CALLED ME AND WE ARE GETTING SOME INFO COMING IN AND WE WANT TO MAKE SURE OF THIS BEFORE WE SAY ITS A DONE DEAL I HAVE 4 SCREENS UP RIGHT NOW AND LOOKING AND DONT SEE IT ON XE, FOREX, OR ONE OF THE BANK CONTACTS

3:01 PM [asells] wE appreciate you bear for the verification Smile Thank you!



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Post by Catherine Mon Sep 12, 2011 3:50 pm

I still see $4.11 at 3:55pm EST Smile at http://www.ezforex.com/ Is this credible?
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Post by revalued824 Mon Sep 12, 2011 4:00 pm

On https://www.foreignexchangeservices.com/rate/rate.html?partnerid=FES&action=convert...KWD is showing a rate of $4.12!!
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SEP 12 - Kuwait rved currency today Empty Time stamp for Okie's post

Post by phantomssecret Mon Sep 12, 2011 4:05 pm

Katherine,
Honestly, I have no idea. If you go to the Forum on this site and go to the section specifically for Okie's chats. Information there now must be posted by an Admin of this site, usually Katt. Here is the time stamp on the post...

9/11/11 -- 9:00pm CST OKIE OIL MAN , bear, and bulldog75
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PostSubject: 9/11/11 -- 9:00pm CST OKIE OIL MAN , bear, and bulldog75 Today at 4:06 am
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Post by justicar Mon Sep 12, 2011 4:11 pm

I'm just curious what difference does it make if Kuwait RV's we hold Iraqi Dinar?

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Post by gridkeeper Mon Sep 12, 2011 4:16 pm

revalued824 wrote:On https://www.foreignexchangeservices.com/rate/rate.html?partnerid=FES&action=convert...KWD is showing a rate of $4.12!!

Wow! And that is Wells Fargo's Forex service!
I got it too.

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Post by tamharris Mon Sep 12, 2011 4:17 pm

justicar wrote:I'm just curious what difference does it make if Kuwait RV's we hold Iraqi Dinar?

Becuse the IQD is 'supposed to' RV immediately after the KWD.....

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Post by gridkeeper Mon Sep 12, 2011 4:21 pm

justicar wrote:I'm just curious what difference does it make if Kuwait RV's we hold Iraqi Dinar?

There is a relationship between the two currencies. IMF told Iraq it could RV up to 20% higher than Kuwait's Dinar.

Kuwait has now RV'd to 4.11/4.12
The question now becomes is the $4.41 rate coming out the RV rate for Iraq?

Background: Iraq has considerably more resources than Kuwait. Kuwait was worried that Iraq's currency would leave them in the dust. Thus the IMF stepped in to smooth the feathers.


JUST HEARD THAT SAUDI AND BAHRAIN'S CURRENCIES HAVE BOTH RV'D AS WELL. SHOWING UP NOW ON FOREX

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Post by justpassntime Mon Sep 12, 2011 4:23 pm

At http://www.ezforex.com/ it does clearly show a change on their currency converter for travelers.

SEP 12 - Kuwait rved currency today Screen35

So even if it hasn't RV'd let us be happy for one day, we can be depressed tomorrow. Very Happy

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SEP 12 - Kuwait rved currency today Flag-212SEP 12 - Kuwait rved currency today Screen53
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Post by ntvtexan Mon Sep 12, 2011 4:29 pm

Hmmmm..... scratch

Yeah, but xe.com and NetDania.com both still show $3.63 to 1 KWD.

Ya know...just sayin... :drunken:

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Post by therealbutterfly Mon Sep 12, 2011 4:32 pm

Sorry to inform you guys but the wellsfargo price has been at that for months and months. And ezforex is selling the kwd for that price. Notice how you cant convert back from usd to kwd? Stick with the sites that just report the actual currency rates like oanda.com or xe.com. You can convert it both ways and see the legit price. What you are seeing on the other sites is the SPREAD.

Let the bashing of me begin.....
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Post by ntvtexan Mon Sep 12, 2011 4:39 pm

That's what I'm sayin RealB !!! lol!

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Post by gridkeeper Mon Sep 12, 2011 4:46 pm

ntvtexan wrote:Hmmmm..... scratch

Yeah, but xe.com and NetDania.com both still show $3.63 to 1 KWD.

Ya know...just sayin... :drunken:


Guess you don't know that it takes a while for the new rates to populate to all the screens around the world. According to Bear, and ScottiG (right now), banks around the country are confirming the new Kuwaiti Dinar Rates.

http://www.dinarrecaps.com/our-blog.html

Seems to be one heck of a conversation going on in the Chat room here, but I can't get in there for anything. And nobody is posting them here but to Dinar Recaps. Hey, that's great!
Not complaining.

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Post by angelrose21 Mon Sep 12, 2011 4:49 pm

The only reason you see $4.11 on ezforex.com is because that is a site where you BUY foreign currency. In order to make any money, they must charge a spread... which is why this is different than any other FOREX site.

Check a bona fide forex site for rates: http://xe.com These are sites that do NOT buy or sell currency, therefore it will not be higher due to them collecting a fee for your business. Otherwise they would go OUT of business.

It is $3.62 on xe. That is the correct rate.

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Post by gridkeeper Mon Sep 12, 2011 4:50 pm

What's with all the Neggies on here?

Do some research. It is coming out of the cracks everywhere. OOzing out like 'Great Stuff'.

You don't need to be spoonfed. You can step outside your comfort zones and accept this gift. It's okay.

Unless you have become addicted to NEVER having it happen.

Not me. I'm wayyyyyy ready.

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Post by gridkeeper Mon Sep 12, 2011 4:53 pm

angelrose21 wrote:The only reason you see $4.11 on ezforex.com is because that is a site where you BUY foreign currency. In order to make any money, they must charge a spread... which is why this is different than any other FOREX site.

Check a bona fide forex site for rates: http://xe.com These are sites that do NOT buy or sell currency, therefore it will not be higher due to them collecting a fee for your business. Otherwise they would go OUT of business.

It is $3.62 on xe. That is the correct rate.

Oh bull.
Sure glad I don't live in your reality.
Like it or not it is happening. Sorry you didn't buy any Dinar.

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Post by gridkeeper Mon Sep 12, 2011 4:56 pm

Angel, in answer to your question: (see DinarRecaps recent)
This just came from Okie's Chat room here.

4:03 PM [bear5642] OK SCOTIG AND I JUST GOT OFF THE PHONE WITH A BANKER OF A BIG 4 BANK AND SAID FROM HIS SCREEN WAS SHOWING RIGHT NOW HE WOULD CASH OUT ANYONE HOLDING THE KWD AT 4.12 PERIOD

4:04 PM [ajdevldog] bear5642 - thats what Wells fargo site has posted.... is that with a spread?

4:05 PM [bear5642] AJDELVDOG NO THAT IS THE XCHANGE RATE

4:06 PM [bear5642] WE RAE NOT CONFUSING THE ISSUE THE KWD WAS REPORTED TO RV AND THE IQD WOULD FOLLOW WHY DO YOU THINK WE ARE LOOKING AT THIS


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Post by therealbutterfly Mon Sep 12, 2011 5:02 pm

gridkeeper wrote:What's with all the Neggies on here?

Do some research. It is coming out of the cracks everywhere. OOzing out like 'Great Stuff'.

You don't need to be spoonfed. You can step outside your comfort zones and accept this gift. It's okay.

Unless you have become addicted to NEVER having it happen.

Not me. I'm wayyyyyy ready.


How about YOU doing some research. If you did, you would see the 'neggies' are correct. We are not askin to be spoonfed, rather we are out verifying like everyone should be doing.
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Post by therealbutterfly Mon Sep 12, 2011 5:04 pm

gridkeeper wrote:Angel, in answer to your question: (see DinarRecaps recent)
This just came from Okie's Chat room here.

4:03 PM [bear5642] OK SCOTIG AND I JUST GOT OFF THE PHONE WITH A BANKER OF A BIG 4 BANK AND SAID FROM HIS SCREEN WAS SHOWING RIGHT NOW HE WOULD CASH OUT ANYONE HOLDING THE KWD AT 4.12 PERIOD

4:04 PM [ajdevldog] bear5642 - thats what Wells fargo site has posted.... is that with a spread?

4:05 PM [bear5642] AJDELVDOG NO THAT IS THE XCHANGE RATE

4:06 PM [bear5642] WE RAE NOT CONFUSING THE ISSUE THE KWD WAS REPORTED TO RV AND THE IQD WOULD FOLLOW WHY DO YOU THINK WE ARE LOOKING AT THIS

4


Ahhh but you missed my comment of asking bear what the new sell rate is if that bank will buy it back at $4.12. IF there was a higher sell rate, then I would say it rv'd. But alas, his response to me was..... "NO COMMENT". Hmmm......
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Post by gridkeeper Mon Sep 12, 2011 5:20 pm

You got blinders on, girl.
If you looked outside your comfort zone, you'd find this is being supported by many other things.

your negativity is telling.

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Post by MatthewR Mon Sep 12, 2011 5:22 pm

therealbutterfly wrote:
gridkeeper wrote:Angel, in answer to your question: (see DinarRecaps recent)
This just came from Okie's Chat room here.

4:03 PM [bear5642] OK SCOTIG AND I JUST GOT OFF THE PHONE WITH A BANKER OF A BIG 4 BANK AND SAID FROM HIS SCREEN WAS SHOWING RIGHT NOW HE WOULD CASH OUT ANYONE HOLDING THE KWD AT 4.12 PERIOD

4:04 PM [ajdevldog] bear5642 - thats what Wells fargo site has posted.... is that with a spread?

4:05 PM [bear5642] AJDELVDOG NO THAT IS THE XCHANGE RATE

4:06 PM [bear5642] WE RAE NOT CONFUSING THE ISSUE THE KWD WAS REPORTED TO RV AND THE IQD WOULD FOLLOW WHY DO YOU THINK WE ARE LOOKING AT THIS

And you missed the spot where I said I don't care what to asked bear! Okie and all said banks will cash in kuwIt dinar right now at 4.12 so that's not the buy rate!!

4


Ahhh but you missed my comment of asking bear what the new sell rate is if that bank will buy it back at $4.12. IF there was a higher sell rate, then I would say it rv'd. But alas, his response to me was..... "NO COMMENT". Hmmm......

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Post by gridkeeper Mon Sep 12, 2011 5:23 pm

BTW, I can't believe you are live on that forum and not posting what is being said here!

I can't get into it...many of us cannot. If you don't like the news, then how about getting out and letting others get on?

Sheesh!

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Post by robralf Mon Sep 12, 2011 5:23 pm

Ilikeyou
therealbutterfly wrote:
gridkeeper wrote:Angel, in answer to your question: (see DinarRecaps recent)
This just came from Okie's Chat room here.

4:03 PM [bear5642] OK SCOTIG AND I JUST GOT OFF THE PHONE WITH A BANKER OF A BIG 4 BANK AND SAID FROM HIS SCREEN WAS SHOWING RIGHT NOW HE WOULD CASH OUT ANYONE HOLDING THE KWD AT 4.12 PERIOD

4:04 PM [ajdevldog] bear5642 - thats what Wells fargo site has posted.... is that with a spread?

4:05 PM [bear5642] AJDELVDOG NO THAT IS THE XCHANGE RATE

4:06 PM [bear5642] WE RAE NOT CONFUSING THE ISSUE THE KWD WAS REPORTED TO RV AND THE IQD WOULD FOLLOW WHY DO YOU THINK WE ARE LOOKING AT THIS

4


Ahhh but you missed my comment of asking bear what the new sell rate is if that bank will buy it back at $4.12. IF there was a higher sell rate, then I would say it rv'd. But alas, his response to me was..... "NO COMMENT". Hmmm......

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Post by therealbutterfly Mon Sep 12, 2011 5:28 pm

gridkeeper wrote:BTW, I can't believe you are live on that forum and not posting what is being said here!

I can't get into it...many of us cannot. If you don't like the news, then how about getting out and letting others get on?

Sheesh!


I am not in it now. But that makes no difference. I have no blinders on. But if you keep diggin around in that sand your head is in, you might find the truth.
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Post by robralf Mon Sep 12, 2011 5:30 pm

therealbutterfly wrote:
gridkeeper wrote:BTW, I can't believe you are live on that forum and not posting what is being said here!

I can't get into it...many of us cannot. If you don't like the news, then how about getting out and letting others get on?

Sheesh!


I am not in it now. But that makes no difference. I have no blinders on. But if you keep diggin around in that sand your head is in, you might find the truth.
--------------------------------

Laughing

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Post by sncpitts Mon Sep 12, 2011 5:32 pm

Well I just called a friend who works at BoA on the west coast and they are saying they show $3.63 so apparently it did NOT!!
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Post by gridkeeper Mon Sep 12, 2011 5:36 pm

Actually, Butterfly, it makes ALL the difference.
You were there and didn't bother to share with the rest of us what was being said.
You were getting the real stuff and we were flying blind. Kind of convenient, eh?

You were too busy trying to diss it to share.

Hey, to each his own. Enjoy your negativity. I'm sure you'll get the reality you are working on so hard.

That is the way it works.

Blessings to you.

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Post by gridkeeper Mon Sep 12, 2011 5:37 pm

sncpitts wrote:Well I just called a friend who works at BoA on the west coast and they are saying they show $3.63 so apparently it did NOT!!

All that tells us is that the rates have not shown up there yet.

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Post by gomavrick60 Mon Sep 12, 2011 5:50 pm

I just got a currency print out from my bank of all the exchange rate they offer. KWD buy 3.1712000000 sale 4.367000000 thanks for the info Okie, Bear Scottig


Last edited by gomavrick60 on Mon Sep 12, 2011 5:51 pm; edited 1 time in total

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Post by therealbutterfly Mon Sep 12, 2011 5:51 pm

gridkeeper wrote:Actually, Butterfly, it makes ALL the difference.
You were there and didn't bother to share with the rest of us what was being said.
You were getting the real stuff and we were flying blind. Kind of convenient, eh?

You were too busy trying to diss it to share.

Hey, to each his own. Enjoy your negativity. I'm sure you'll get the reality you are working on so hard.

That is the way it works.

Blessings to you.


Uhm... again you are incorrect. I was in during the first chat and thats when my comment was made and his response of NO COMMENT was the reply. Then it crashed on me and I didnt bother going back in cuz I figured it was going to be a clusterf***. LOL

I think you choose to be flying blind vs doing some fact finding. Riddle me this.... the rates come from the central banks and are fed to forex and the rest of the world.... why hasnt the CBK updated with the new rate? http://www.cbk.gov.kw/WWW/index.html (look at daily reports on the left)

After 8+ years of hearing the same thing again and again, you learn to remember certain things. Like the fact that Wells has always been higher than the other sites etc. Maybe you need to sit back and learn from people who have been in this longer.... Nah, its much better to go with the stuff told to us vs the black and white print of the forex sites that haven't changed. Unicorns and glitter!!!WOOOHOOOOO!!!!!

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Post by Guest Mon Sep 12, 2011 5:55 pm

Just got on, what is the excitment...did we rv?

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Post by Ironfire13 Mon Sep 12, 2011 6:05 pm

therealbutterfly - You are right on the money my friend. Hearing a lot of chatter about a Kuwait RV, but want to see a News , not a screen shot.. Whoever can produce that, thank you in advance..

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Post by moondog Mon Sep 12, 2011 6:07 pm

what are the odds the spread would be the same at wells and forex? unlikely since there is more leg work involved for one than another.....i am cautiously optimistic


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Post by moondog Mon Sep 12, 2011 6:07 pm

i have no intel connections but i have a brain

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