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To: freepersup
This exchange rate seems backwards. $3.25 US = $1.00 Iraqi

What is backwards? $325 Million US = 100 Million Dinars.

20 posted on 03/29/2003 3:15:27 AM PST by BullDog108 (Antiquis temporibus, nati tibi similes in rupibus ventosissimis exponebantur ad necem.)
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To: BullDog108; freepersup
The exchange rate surprised me too, so I confirmed it here

Exchange rate as of Saturday, March 29, 2003

1 Iraqi Dinar = 3.36598 US Dollar
1 US Dollar (USD) = 0.29709 Iraqi Dinar (IQD)

25 posted on 03/29/2003 3:37:56 AM PST by Freebird Forever
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To: BullDog108
Something seems totally wrong here. There has been massive inflation in Iraq in the last several years. I could not find the exchange rate in a quick search, but in several stories, I seem to recall that it was several hundred dinars to a U.S. dollar.
32 posted on 03/29/2003 4:26:19 AM PST by marktwain
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To: BullDog108
What is backwards? $325 Million US = 100 Million Dinars

Iraqi dinars per US dollar - 0.3109 (fixed official rate since 1982); black market rate - Iraqi dinars per US dollar - 2,000 (December 2001), 1,910 (December 1999), 1,815 (December 1998), 1,530 (December 1997), 910 (December 1996); note - subject to wide fluctuations

80 posted on 03/29/2003 7:42:53 AM PST by evad ("We'll put a boot in yer ass...it's the American way"..Toby)
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