Best Iraq Dinar Prices
* Above Prices effective on all sellers site December 21, 2009
C O D s , Wires and Credit or Debt Cards Welcome
NO MINIMUM ORDER!
LABOR DAY SPECIAL One 25,000 Dinar Note for 26.25 !
Labor day Special place an order today and receive a free 50 Dinar note
————Special 100 50 DINAR NOTES 37.88
—————- Special 100,000 New Dinar $112.00
——SPECIAL—- 1,000,000 VND New Vietnam Dong $89.00
Prior to the Gulf War, 1 million Iraqi Dinar = US $3,200,000
Now you can buy 1 million Iraqi Dinar for just over $1000.00
If the Iraqi Dinar appreciates to just one penny,
then 1 million Iraqi Dinar = US $10,000. You profit US $10,00.00
If the Iraqi Dinar appreciates to the pre-Gulf War rates,
then 1 million Iraqi Dinar = US $3,200,000. You profit US $3,199,000.00
Prior to Saddam Hussein invading Kuwait: 1 million Kuwaiti Dinar = US $2,790,000. After the Kuwaiti invasion by Iraq: 1 million Kuwaiti Dinar = US $ 100,000.
Today: 1 million Kuwaiti Dinar = US $3,423,900. That’s a 34-fold increase!
According to Wells Fargo , about the Foreign Exchange market, FX – Forex;
Over 6.4 % of today’s wealth has been obtained with Foreign Currency Exchange.
The Foreign Exchange market, also referred to as the “Forex” or “FX” market is the largest financial market in the world, with a daily average turnover of well over $ 2 trillion U.S. (Wells Fargo FX)—50 times larger than the combined volume of all U.S. equity markets.
“Foreign Exchange” is the simultaneous buying of one currency and selling of another. Currencies are traded in pairs, for example Euro/US Dollar (EUR/USD) or US Dollar / Japanese Yen (USD/JPY).
Registered with the Department of Treasury
ALL CONTACT, MAILING, AND WIRING INFORMATION IS ON OUR – CONTACT US – PAGE or EMAIL US AT SCGSUS@GMAIL.COM
E mail sent June 6, 2010
Once again thank you for your service and I have recommended your web site to other friends because of the service you have given me in the past. I hope to use your service again. Thank you for your understanding and service.
Sincerely,
Michael Loretz
APO – AP
SCGS US has been trading in foreign currency for over 20 years and has set rates and policies in place. Recently SCGS US adopted a more liberal policy for the exchange of the Iraqi Dinar after is revaluation that is projected to be later this year.
At the point in time that Iraq issues small notes, they have stated that they will give between 180 and 240 days for the exchange of the larger notes. At this point in time they have not set a fee for this exchange, when they do we will post the rate on our front page.
We will exchange lager Iraqi Dinar notes for smaller issues within the time line that Iraq sets, are fee will be similar to the rates we use today for all curancy exchange.
The rate is based upon the volume exchanged. Exchanges of Dinar under $1000.00 US will be 4% with a minimum fee of $35.00 . The rate up to $10,000.00 US is 2% and 1% thereafter to $100,000.00 US with a negotiable rate over $100,000.00.
08-31-10 6:00:00
Friend—
Tonight marks the end of the American combat mission in Iraq.
As a candidate for this office, I pledged to end this war responsibly. And, as President, that is what I am doing.
Since I became Commander-in-Chief, we’ve brought home nearly 100,000 U.S. troops. We’ve closed or turned over to Iraq hundreds of our bases.
As Operation Iraqi Freedom ends, our commitment to a sovereign, stable, and self-reliant Iraq continues. Under Operation New Dawn, a transitional force of U.S. troops will remain to advise and assist Iraqi forces, protect our civilians on the ground, and pursue targeted counterterrorism efforts.
By the end of next year, consistent with our agreement with the Iraqi government, these men and women, too, will come home.
Ending this war is not only in Iraq’s interest—it is in our own. Our nation has paid a huge price to put Iraq’s future in the hands of its people. We have sent our men and women in uniform to make enormous sacrifices. We have spent vast resources abroad in the face of several years of recession at home.
We have met our responsibility through the courage and resolve of our women and men in uniform.
In seven years, they confronted a mission as challenging and as complex as any our military has ever been asked to face.
Nearly 1.5 million Americans put their lives on the line. Many returned for multiple tours of duty, far from their loved ones who bore a heroic burden of their own. And most painfully, more than 4,400 Americans have given their lives, fighting for people they never knew, for values that have defined our people for more than two centuries.
What their country asked of them was not small. And what they sacrificed was not easy.
For that, each and every American owes them our heartfelt thanks.
Our promise to them—to each woman or man who has donned our colors—is that our country will serve them as faithfully as they have served us. We have already made the largest increase in funding for veterans in decades. So long as I am President, I will do whatever it takes to fulfill that sacred trust.
Tonight, we mark a milestone in our nation’s history. Even at a time of great uncertainty for so many Americans, this day and our brave troops remind us that our future is in our own hands and that our best days lie ahead.
Thank you,
President Barack Obama
Email from Dr James A Smith – Financial Economics 8/2010
Iraq has more than 115 billion barrels of crude oil reserves. Little of Iraq has been geologically explored because of restrictions of the Iraqi government for the past 40 years. The 115 figure comes from old surveys, and is likely to be much higher.
Officials have publicly stated that the petroleum reserves of Iraq are the largest in the world, much larger than the Saudi reserves.
Crude oil in Iraq is “sweet light crude”, meaning it is very high quality, and is extremely cheap to produce, at around $2 a barrel in production costs, which are the cheapest in the world, the cost in North America is over $35 a barrel, even factoring the high cost of security.
In the next few years Iraq will become one of the wealthiest nations in the world.
Vietnam Dollar – VND- Dong News
The State Bank of Vietnam is now intensifying foreign exchange management. Enterprises now have to quote prices in VND and accept payments in VND.
The current laws stipulate that all transactions in Vietnamese territory must be made in VND. Enterprises must quote sale prices in VND, not foreign currencies. Vietnamese businesses are well aware of the regulation, but many ignored it until the central bank began tightening the market by inspecting foreign currency exchange agents and examining price quotations recently.
Order / Information Service 1+605-722-9925 or email SCGSUS@gmail.com
We Are Buying Dinar.
Highest Price Paid Email for prices today.MINT SET – Complete New Iraqi Dinar Set 7 Bills and 2 Coins.
ALL SMALL NOTES ON HAND
Premium Price Paid For Small Note Looking for 50s 250s and 500s.
MILITARY BONUS – JUST ENTER THE BRANCH OF SERVICE YOU NOW SERVE IN OR SERVED WITH AT THE COMMENTS BOX AT CHECK OUT. WE WILL INCLUDE A THANK YOU BONUS – THANK YOU!
New Iraq Dinar $1059.00 per million by wire or money order, Payment by Credit Card Slightly Higher
Now Trading Gold for New Dinars – email scgsus@gmail For a Quote
Silver Bars as Low as 1.23 Over Spot
Gold Coins as Low as $7.68 Over Melt Value!
1,000,000 VND New Vietnam Dong / Dollar $89.98
5,000,000 VND New Vietnam Dong / Dollar $449.84
10,000,000 VND New Vietnam Dong / Dollar $890.20
100,000,000 VND New Vietnam Dong / Dollar $8900.20
150,000,000 VND New Vietnam Dong / Dollar – Email or call for the most Competitive prices today, scgsus@gmail.com
PRICE GUARANTEED – SAFEST DELIVERY.
All Terms and Conditions are on our Contact Us Page
NEW IN STOCK 1 gram – .9999 Fine Gold Bars
NEW IN STOCK 1/4 oz .9999 Fine Gold Rounds from Scotiabank 2000 on hand
NEW IN STOCK Mexico 50 Centavos Silver .20 ASW
NEW IN STOCK 1883-O MS-63 VAM-36A Partial E Reverse Hot-50 Silver Dollars (1 ONLY)
For Sale 1 gram – .9999 Fine Gold Bar = 50,050 New Dinar
Now Trading Gold and Silver for New Dinars – email scgsus@gmail For a Quote
Iraq Dinar Finance Ministry to cooperate with Gulf banks
Baghdad (AKnews) – The Iraqi Finance Ministry is looking forward to combine the banks of the Iraqi government with the economically developed Gulf states”, an official security source at the Finance Ministry said today.
“The economic ties with the developed Gulf states would support the Iraqi economy in the next stage, especially that Iraq has many economic problems,” the Adviser of the Ministry, Zuhair Abbas, told the Independent National News agency of Kurdistan (AKnews).
He said the Ministry, in coordination with the Iraqi Central Bank and the Foriegn Ministry would hold continuous meetings to discuss the possible frameworks in the composition of combination with large banks in the Gulf States.”
“The combination won’t exceed banking and financial cooperation in addition to advices, and it is not considered a full combination, because the economic situation in Iraq differs from the economies of the other states.”
Abbas said that “more than 6 Gulf banks expressed their wish to facilitate the process of combination to carry out money exchange between Iraq and those countries and the work of Gulf investors in Iraq.”
“The most prominent problem in the subject is the difference in prices of Gulf currencies and the Iraqi currency, but serious attempts were exerted to resolve the problem as soon as possible,” Abbas said.
Rn/SH (AKnews)
April 8, 2010 – 10:20:41
Iraq to Take Control of Oil Revenue by End of 2010, UN Says
Iraq will take full control of the disbursement of revenue from oil exports by the end of 2010, Iraqi and United Nations officials said.
February 28, 2010 – 04:36:25
Iraqi dinar re-evaluation has to do with economic conditions
BAGHDAD / Aswat al-Iraq: Iraqi Prime Minister Nouri al-Maliki said on Sunday that the process to re-evaluate the Iraqi dinar has to do with economic conditions that have to be strengthened.
“The Iraqi dinar has all the reasons to grow stronger thanks to an increase in revenues and development of the economy,” Maliki said in response to some questions through the National Information Center.
“The government would not rush matters but would rather work on finding all the guarantees to render this measure a success. The Central Bank of Iraq (CBI) is currently entrusted with drawing up a study on the whole issue and would give its decision soon,” said the Iraqi premier.
The Iraqi dinar’s exchange rate is suffering from low value against foreign currencies as a result of decades of wars and economic embargo that brought the local currency’s exchange rate to the rock bottom from three dinars per dollar in the late 1970s and 1980s to 3,000 dinars per dollar after the 1990 invasion of Kuwait, followed by a 13-year crippling sanctions regime.
03/12/2010 10:49:30
BAGHDAD — Iraq’s major coalitions were locked in a surprisingly close race on Thursday, in initial results from elections that deepened divisions across a fractured landscape. Candidates were quick to charge fraud, heightening concerns whether Iraq’s fledgling institutions were strong enough to support a peaceful transfer of power.
Notes from Afghanistan, Pakistan, Iraq and other areas of conflict in the post-9/11 era.
In Iraq Election, Familiar Faces but New CoalitionsThe day was the most tumultuous since Sunday’s vote for Parliament, with Prime Minister Nuri Kamal al-Maliki’s office saying he underwent surgery, officials with his chief rival complaining that their ballots were dumped in the garbage, and a leading Shiite coalition claiming that it had challenged the popular mandate that Mr. Maliki needed to return to power.
The turmoil deepened both anticipation and uncertainty over an election to choose a government that will rule Iraq as the United States begins its military withdrawal in earnest next month. It is a very close race, said a Western official, who viewed the early results but spoke on condition of anonymity since Iraqi officials were designated to release them. Whatever the end results, we know it will be a fierce struggle to form a government.
403/03/2010 12:35:23
Iraq Transfers 3 Tons of Gold into CBI to Support Dinar Value
Plan to increase the value of the dinar against the dollar now in place.
Iraqs Ministry of Finance during his recent visit to the Jordanian capital Amman, said the CBI chagrin financially estimated $ 22 billion and three tons of gold intended to support the Iraqi dinar. He said that successful fiscal policy pursued in Iraq have contributed to increasing the value of the Iraqi dinar against the dollar, noting that the dollar exchange rate dropped significantly during the current year.
On the other hand denied the authoritative source in the Iraqi Central Bank rumors making the dollar worth 1000 dinars, or a change denominations or raise zeros from the current currency.
He said in a press statement that the bank has been following with great interest the phenomenon of low demand for the dollar in the local exchange markets, stressing that such information or rumors surrounding the aim of achieving commercial gain emergency for some users at the expense of the public.
02/10/2010
Iraq Dinar to Re-value Soon
“BAGHDAD—The Iraqi Central Bank is planning to redenominate the national currency in an effort to ease transactions and allow people to carry less paper money, RFE/RL’s Radio Free Iraq (RFI) reports.
”Mudhhir Muhammad Salih, a member of a Central Bank advisory panel, told RFI that a plan has been made to remove three zeros from the currency and phase out the current banknotes late this year.
”Salih said by the end of 2010 the new banknotes will be fully introduced while the old banknotes will be gradually removed from circulation. He did not specify when the new notes would be issued.
”Both will be legal tender in Iraq until the old notes are completely withdrawn over 3 years.
”Iraqi officials have had a long-running plan to redenominate the Iraqi dinar. In 2006, the Finance Ministry recommended to the Central Bank that it carry out such a plan.
”Salih pointed out that banks are having a hard time accepting cash savings and deposits, but by dropping the zeros it will make it easier for both the banks to deal with their customers and for the general public to carry money. He said some 80 percent of Iraq’s money supply is cash in circulation.
”Economic analyst Hilal al-Tahhan told RFI that the bank’s move is overdue. He said he expects the currency change to go smoothly because of the decision to allow both the old and new banknotes to coexist, leading to less turbulence in the economy.
01/22/2010 11:25:26
SCGS US Unveils Dinar Re Value RV Policy
SCGS US has been trading in forgin currency for over 20 years and has set rates and policies in place. Recently SCGS US adopted a more liberal policy for the exchange of the Iraqi Dinar after is revaluation that is projected to be later this year.
The rate is based upon the Central Iraq Bank rate plus the following percentage; exchanges of Dinar under $1000.00 US will be 8% with a minimum fee of $35.00 . The rate up to $10,000.00 US is 4% and 1% thereafter to $100,000.00 US with a negotiable rate over $100,000.00
Feb 12, 2010 11:37 PM
Vietnam ups 2010 money supply growth target to 28 pct
State Bank of Vietnam Governor Nguyen Van Giau also said in an interview published on the central bank’s website that a good performance by the Dung Quat oil refinery would help limit foreign exchange spending on imports.
“However, in general Vietnam’s potential (in forex supply) is promising,” Giau said in the interview, citing the potential for cement exports and reducing fertilizer imports.
Vietnam imported 12.88 million tones of refined oil products last year, down 3.5 percent from a year ago, as the Dung Quat refinery started production. In value terms, it stood at $6.26 billion, down 43.8 percent from 2008, according to government statistics.
Vietnam’s first refinery is running at 85-100 percent of capacity and has already produced petrol, diesel and other products for domestic markets, it said on Wednesday.
Giau said Vietnam was aiming to achieve an economic growth of 6.5 percent while containing inflation below 7 percent.
In late December the Central Bank said it was aiming to limit growth in credit and broad money supply at 25 percent.
Banks’ lending in January rose 1 percent from last December, a normal pace for the month, the Central Bank has said.
But cash demand and consumer spending rose significantly this month before Tet, or the country’s biggest festival between Feb 14-19 to mark the Lunar New Year start, and several economists have said inflation this year could hit double digits.
Broad money supply, or M2, refers to money in circulation and comes in various forms from banknotes and coins to traveler’s checks of non-bank issuers to demand deposits to large time deposits.
Fri Feb 26, 2010 11:46 am GMT
Initial agreement expected to be extended
By Rania el-Gamal
BAGHDAD, Feb 26 (Reuters) – Talks between Iraq and Royal Dutch Shell on a major natural gas deal near the southern oil hub of Basra have dragged on longer than expected but are continuing, Iraqi oil officials said on Friday.
Iraq has been working to finalize a multi-billion-dollar joint venture between its South Gas Company, Shell and Mitsubishi which would capture huge amounts of gas for domestic use or export, currently being wasted through burning.
“The ministry went a long way in the talks with Shell and it is still continuing negotiations,” Asim Jihad, Iraq’s Oil Ministry spokesman, said. “Iraq has an ambitious plan to invest in its gas sector.”
Another senior oil official told Reuters that an initial deal signed in 2008 with Shell will be extended while discussions on a final agreement continue.
“The ‘heads of agreement’ will be extended and the project will be presented to the next government,” the official said on condition of anonymity.
12/20/09 5:36:33
United States real estate mogul Donald J. Trump has been diversifying and moving East with his properties and investments, it now appears he has been in the Far East buying Dinars, $30 Million U. S. Dollars.
12/17/2009 5:13:58
Decision to lift the value of the Iraqi Dinar was the result of valuable studies. Finance Minister Jabr said the Iraqi Dinar has been improving during the current period.
(PLEASE READ ENTIRE ARTICLE BELOW)
12/17/2009 5:25:39
Decision to lift the value of the Iraqi Dinar was the result of valuable studies. Finance Minister Baqir Jabr said the Iraqi Dinar has been improving during the current period.
He explained that the Iraqi Central Bank’s decision to raise values of the Iraqi Dinar against foreign currencies was correct and was the result of valuable studies aimed at raising the purchasing power of the Iraqi people above all else.
He pointed out that the Ministry’s plans absorbed all future programs in the budget for next year to move the Iraqi economy properly.
With inflation pressures easing, the trade deficit and foreign exchange market improving and U.S. dollar inflows rising, foreign institutions are forecasting that Vietnamese dong (VND) will begin appreciating in early 2010, Vietnam Investment Review reported Monday.
The Iraqi Dinar has already risen in value against the US dollar and it continues to rise. An injection of dollars into the Iraqi local market from the US has driven up the value of this exciting currency. Many predict this trend will continue for many years into the future as the once vibrant Iraqi economy rebounds.
For wire transfer information please see our “CONTACT US page.” :http://scgs.us/Contact-Us
PRICE GUARANTEE – IF YOU PLACE YOUR ORDER WITH A CREDIT CARD YOUR PRICE IS LOCKED IN AT THAT PRICE. IF YOU ARE PAYING BY WIRE TRANSFER YOUR PRICE IN GUARANTEED FOR 48 HOURS. IF YOU PAY BY CHECK OR MONEY ORDER IT MUST BE POSTMARKED WITHIN 2 WORKING DAYS OF YOUR ORDER. THANK YOU.
12/14/09 James A Smith JAS Exchange
The dollar has declined this month against all 10 most actively traded currencies, and yesterday fell to a record against the euro and 25-year low versus the pound.
Here are a couple of very real facts. Iraq has a majority of the world’s natural reserves and crude oil, putting it on the same level as Saudi Arabia and Kuwait . If you know anything at all about Saudi Arabia and Kuwait , you should know that their currency is very valuable and their natural resources are the reason. So, why isn’t Iraq as rich as Saudi Arabia and Kuwait ? That answer is simple – they only recently established a stable government, elections are now being held successfully, and the march towards financial recovery is progressing steadily. Crime and terrorism is lower and lower all the time! And just as importantly – the Iraqi people are unjustly impoverished as a result of the recent chaos, and they cannot remain in that situation for much longer – not when they control a major amount of the world’s “black gold”.
2/8/2010 02:22 PM
Will United States Banks exchange Iraqi Dinar after the revalue ?
Most likely not. There are a number of reasons they will not, Banks are set to ridged regulatory standards and the New Iraq Dinar will be a new and untested currency on the market. Many banks just came out of some very tested times and are not willing to speculate on such a volume intensive currency.
Perhaps the most important factor will be the shear volume that the exchange will demand. If the Dinar revalues at a fraction of its historical value most likely people will only exchange a small percentage of their holdings, but if it exchanges at 25% or more of its historical value it is most likely that a massive amount of Dinar holders out side of Iraq will create a run on the banks.
The profit margin does not exist to allow US banks to stock pile and set aside huge quantities of US dollars just for this event. For the above reason almost all U S Banks are now opting out of handling Iraqi Dinars in their Foreign Exchange department for a number of years after it revalues.
SCGS US Unveils Dinar Re Value RV Policy
SCGS US has been trading in foreign currency for over 20 years and has set rates and policies in place. Recently SCGS US adopted a more liberal policy for the exchange of the Iraqi Dinar after is revaluation that is projected to be later this year.
The rate is based upon the volume exchanged. Exchanges of Dinar under $1000.00 US will be 8% with a minimum fee of $35.00 . The rate up to $10,000.00 US is 4% and 1% thereafter to $100,000.00 US with a negotiable rate over $100,000.00
Will United States Banks exchange Iraqi Dinar after the revalue? Most likely not. There are a number of reasons they will not, Banks are set to ridged regulatory standards and the New Iraq Dinar will be a new and untested currency on the market. Many banks just came out of some very tested times and are not willing to speculate on such a volume intensive currency.
Perhaps the most important factor will be the shear volume that the exchange will demand. If the Dinar revalues at a fraction of its historical value most likely people will only exchange a small percentage of their holdings, but if it exchanges at 25% or more of its historical value it is most likely that a massive amount of Dinar holders out side of Iraq will create a run on the banks.
Iraq will attend the World Trade Organization (WTO) ministerial conference to be held in Geneva on Monday within third-round negotiations to be granted full membership in the world body, according to an Iraqi Trade Ministry media source on Sunday.
SCGS has acquired VNAMX and has added another Opportunity the Vietnam dollar, called the Dong is a new and very attractive opportunity!
If you like Dinars you will to look at new opportunity in VNDs. Please take a moment to review the VND information placed near the bottom of this page.
The New Iraq Dinar are increasing , its value has increased nearly 07% in the last two months of 2009, and nearly 69% over all. According to the Wall Street Journal, ‘Iraq’s central bank is on the verge of approving three foreign banks to offer financial services.’
The new VNDs are in placed and could move 30% in the next year now that Vietnam has been accepted into the World Trade Organization (WTO) see article below.
WE WILL ACCEPT CREDIT CARDS, (Credit Cards are collected using a SSL secured server) PERSONAL
OR COMPANY CHECKS and we are Registered with the Department of Treasury.Dinar could be the sleeper investment of the decade, Iraq will continue in 2010 to adopt policies that focus on the stability of the Dinar and the banking system.
For Orders or Information Please Call 1 (605) 722-9925
HISTORY DOES REPEAT ITSELF, MANY PEOPLE BECAME MILLIONAIRES BY PURCHASING DEUTSCH MARKS AFTER WWII, BY PURCHASING THE SOVIET RUSSIAN RUBLE, AND THE MOST PHENOMENAL OF ALL, RECENTLY THE KUWAITI DINAR AFTER THE GULF WAR. ALL YOU HAD TO DO WAS PURCHASE THOSE DEVALUED CURRENCIES AT ROCK BOTTOM PRICES AND THEN CASH THEM IN WHEN THE INDIVIDUAL COUNTRIES REGAINED ECONOMIC STABILITY.
Jim Cramer of Mad Money Likes Iraqi Dinar
Some APO, FPO and Overseas Military orders have taken up to 90 days, most get there in 55 days but can take much longer please allow for this.
Your order will be processed at Presidents Park Safely and all charges will show up as Presidents Park.
11-15-2009 11:14:36 First in Business Worldwide – says
“Get in early, America is going to have a long term interest in Iraq, the sooner your in the bigger the return will be..”
Presidential Order #13303 has now made it legal for U.S. citizens to invest in Iraq. To see all the new US companies opening up in Iraq go to this site :
Iraqi Stock Market Press Release
“Bankers at the Bank of Nasariah, World Bank, are projecting the Dinar value to be .43 cents US per Dinar by the end of this year” .
This would make a 25,000 NID bill worth $10,750.00 USD and 1,000,000 NID would be worth $330,000.00 USD.
The United States is building the largest U.S. Embassy in the world in Baghdad ———
p=. U.S. Embassy in Iraq LinkNow that the new Iraqi government in place the Dinar is gaining faster than before. The prediction is that the Dinar will start trading with the world banks in November, at that time the cost of buying Dinar’s may become to expensive to invest in.
The New Dinar could be an opportunity of a life time since the New Dinar rose over 88% in the first half of 2004 and may well return to the pre-gulf war value of 1 Dinar being equal to $3 USD, making a new 25,000 Dinar worth $75,000.00 USD and 1,000,000 Dinar worth over $3,000,000.00. The Wall Street Journal reports that “the Dinar was worth 4000 to $1 USD on April 1st 2003” and by February 1st, 2004 it had risen to 1420 to $1 USD as of January 15th, 2004. Only the new Dinar can be used as currency today and the Iraqi government is destroying all of the old notes.
Dinar values should skyrocket by this years end.
p{font-size:larger;}. Printed in Britain, the new banknotes are designed with the most up-to-date anti-counterfeit features, which includes watermarks, raised letters, security thread, and an optical variable ink along with other variations to deter counterfeiters.
Over 6.4 % of today’s wealth has been obtained with Foreign Currency Exchange.
The Foreign Exchange market, also referred to as the “Forex” or “FX” market is the largest financial market in the world, with a daily average turnover of well over US $2trillion (Wells Fargo FX)—50 times larger than the combined volume of all U.S. equity markets.
“Foreign Exchange” is the simultaneous buying of one currency and selling of another. Currencies are traded in pairs, for example Euro/US Dollar (EUR/USD) or US Dollar/Japanese Yen (USD/JPY).
There are two reasons to buy and sell currencies. About 5% of daily turnover is from companies and governments that buy or sell products and services in a foreign country or must convert profits made in foreign currencies into their domestic currency. The other 96% is trading for profit, or speculation.
VNAMX VN New Vietnam DollarsVN Business – State Bank of Vietnam raised the basic interest rate on November 24th, Standard Chartered Bank on November 26th reported that SBV resumed allowing VND to be lower than USD. By this move, investors tend to reserve more in VND than USD.
WTO accepts Vietnam. Vietnam has received formal approval from the World Trade Organization to become its 150th member.
The Southeast Asian nation of 84 million is now one of the world’s fastest growing economies. According to the BBC, it is Asia’s strongest economy after China.
It will formally become part of the WTO 30 days after its national assembly ratifies accession.
Vietnam is an exporter of textiles, seafood, coffee and furniture. It was in negotiations to join the WTO for 13 years while its previously state-controlled economy far-reaching reforms.
- The Associated Press
- Merrill Lynch estimates that foreign direct investment in Vietnam reached $5.8 billion in 2005, an eight-year high.
- Currently, about 260 U.S. firms, with a combined capital of $1.86 billion, have directly invested in Vietnam, according to government statistics.
- Total computer and electronic equipment exports from Vietnam rose 33 percent over 2008, while imports of computers and electronics rose 27.8 percent to $1.7 billion.
Swiss Re becomes Vinares sole foreign strategic partner
2009-11-07 15:33:25
Swiss Re said it has entered into an agreement to buy a 25 pct stake in Vietnam’s leading insurance provider, Vietnam National Reinsurance Corporation (VinaRe) for approximately 79 million USD. The two companies signed a strategic partnership…New Vietnam Dong hits 1/2 – year high on strong dollar
2009-01-07 11:26:38
The New Vietnamee dong rose to a 1-1/2-year high against the dollar on Monday as foreign investment and remittances continued to flow into the country, bankers said.Jan 07, Foreigners Net Buyers Of VND89 Billion Of Vietnam Shares
2009-07-07 10:38:54
Foreign investors were net buyers of VND89 billion of Vietnamese stocks Monday, out of a total of VND583 billion traded, the Ho Chi Minh Securities Trading Center said. Volume traded totaled 6.5 million shares, with foreigners…Vietnam May Allow Additional 5 Banks Early This Year
2009-10-07 11:32:28
Vietnam?s central bank may allow in principle establishment for an additional five commercial joint stock banks by local leading companies early this year, the state-run Financial Investment newspaper reported Thursday.Vinatex profits soar 250% during 2008
2009-01-14 23:49:55
Vietnam National Textile and Apparel Group, Vinatex, because of the new WTO agreement it is expecting to post profits of VND521.75 bnl for the full-year 2007, representing an increase of 250% compared to the prior year. The profits of textile groups Viet Tien and Phong Phu…Investors propose raising ceiling on foreign stake at banks
2009-11-04 12:15:44
The Viet Nam Association of Financial Investors (VAFI) has asked the Prime Minister to raise the ceiling on foreign stake in joint stock banks to 35 or 36%. In its proposal sent to the PM and relevant agencies, the VAFI said with new US investors and the WTO …..We guarantee that our Vietnamese currency notes are 100% authentic and of non-criminal origin. We are approved as a licensed money service business by the Dept of Treasury since 2003.
Prices are posted at Check and Wire Transfer Rates and Credit Cards Rates. Please make sure you are choosing the proper rates. If you use the Pay by Check Rate and check out using a Credit Card your charge will be adjusted to the proper rate.
The World Trade Organization has voted to accept Vietnam as a member. WTO accession is a long sought goal of Vietnam’s government, which needs it to compete on an equal footing with other export-oriented economies. Now they can enter the Free Trade Market and sell to all free countries, all trade restrictions will be lifted!
Vietnam’s journey toward World Trade Organization membership has taken more than decade of negotiations. But the effort paid off Tuesday, when the WTO accepted the Asian nation as its 150th member.
As a member of the WTO Vietnam can expect to see a 30% increase in trade, driving the value of the VND upward in value. If the VND value increased to $0.01 this would turn the value of 1,000,000 into $5000.00, if it went to $0.20 the same 1,000,000 would trade at $200.000.If the value of Vietnamese Dong increases, the resulting value of your 1 Million Dong would be worth:
$0.005 = $5,000
$0.01 = $10,000
$0.12 = $127,000
$0.20 = $200,000The outlook of the Dinar is good. It has been on a good trend upward for awhile now. If it keeps adjusting just 1 pip every day, the dinar will be equal to the dollar in 4 1/2 short years. Is that likely, no so probably more like seven years, if the government makes the right decisions.
There was a time when Iraq was a leader in its region, and for every 1 Iraqi Dinar you exchanged, you would receive an outstanding $3.20US. The New 25,000 dinar note would have been worth over $75000US dollars!
The question that we often hear these days, is, “Will Iraq regain its economic strength?”
I, like so many other forward-thinking investors believe that there is great potential for this country to expand, and I invite you not to miss out on this once-in-a-lifetime opportunity.
The New Iraqi currency, now a one version currency common to both the North and South, and independent from the executive government, represents Unity, Strength, and Credibility, essential in economical recovery. A nice beginning in stabilizing the Dinar, and furthermore, making the north-south commerce a much smoother ride.
Mesopotamia is one of the finest areas of the globe, and excluding petroleum, there are other natural resources in addition to the brilliant Iraqi brains, that can make Iraq one of the strongest economies in the world in a very short period of time. Also, take into consideration that Iraq was the world’s largest producer & exporter of dates and that over 600 varieties of palm trees are grown in-country. If managed properly this alone can help Iraq get back on its feet in no time!
As we all know, Iraq floats over a lake of oil, and its reserve is sufficient to feed the world need for decades to come. An important factor in helping regain its strength back in an even shorter period of time!
An estimated 33 billion US dollars have already been collected for the process of reconstruction, and Companies like Coca-Cola, Chevron Texaco, Alabama Blount4 Inc. are investing!!!Kuwait example
Prior to Saddam Hussein invading Kuwait: 1 million Kuwaiti Dinar = US $2,790,000. After the Kuwaiti invasion by Iraq: 1 million Kuwaiti Dinar = US $ 100,000. Today: 1 million Kuwaiti Dinar = US $3,423,971.00 That’s a 34-fold increase.
A $1,000 investment turned into $342,900 in less than 20 months.
Will the Dinar catch up to the US Dollar or pass it? Yes, as oil prices rise , the Dinar will rise in value and is will go beyond the American dollar.
As with any investment, there is risk associated with investing in Iraqi Dinar. We provide accurate information, and there is no guarantee, explicit or implied.
The Hampshire-based Company “De La Rue” published the modern Iraqi dinars, also known as the “Post – Saddam” dinars, in England, in six denominations: 50, 250, 1000, 5000, 10,000 and 25,000 Dinars.
In November of 2004 the modern 500-dinar note was issued by the Central Financial institution of Iraq to facilitate industry transactions. The banknotes are beautiful and of “Swiss” quality with several security characteristics rendering them extremely hard to counterfeit, features include, watermarks, metallic inks, protection thread, ultraviolet images and raised lettering.
Iraq has the next biggest oil reserves within the Middle East and also the biggest reserves of normal gas. The modern Iraq will have the ability to take full benefit of exporting these resources with sanctions no lengthier in place.
As Iraq is welcomed back in to the International Neighborhood the value of the brand new Iraqi Dinar must rise.
1. Are we registered? Yes we are registered and have been audited by the U S Treasury Department. This is required to sell Dinar legally in the United States.
3. How long have we been in business? Over 26 years here in the USA dealing with coins and currency from a number of US Mints. .
6. How do we ship the Dinars? We use the United States Post Office when ever possible. They are the oldest shipping company and have very ridged rules and regulations about insured shipping and delivery.
7. Do we check for authenticity? Yes every bill we receive is checked, we have submitted samples to the FBI and they confirm that they are authentic.
8. Is there a Guarantee? Yes we have a 100% guarantee every bill is authenticity.ALL CREDIT CARD ORDERS MUST SHIP TO
THE CARD HOLDERS ADDRESS – NO EXCEPTIONS
Order / Information Service 1+605-722-9925 or SCGSUS@gmail.com .
For Wire transfers;
Routing Number 091408734
For credit to account 10876328
For Credit to Presidents Park / SCGS
Your order will be processed at Presidents Park Safely and all charges will show up as Presidents Park. Thank YouWe accept major C O D and Wire Transfers (details are collected using a SSL secured server) and Money Orders, Bank Drafts, PERSONAL OR COMPANY CHECKS.
Dinar values may skyrocket by years end.
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PLEASE READ OUR TERMS AND CONDITIONS at OUR ‘CONTACT US’ PAGE – THANK YOU
Disclaimer:
The information posted here has been gathered from official and unofficial sources, and from a number of news and internet sources. We believe that our posted information to be both accurate and reliable, but we can not guarantee it. We highly recommend that you do your own research and find your own information from additional sources.
IMPORTANT NOTICE
FACTORS YOU MUST CONSIDER IN PURCHASING COINS, BULLION, CURANCY OR OTHER ITEMS
RISK: The purchase of coins or bullion or other items are highly speculative and involves substantial risk. As in many other markets, coin or bullion prices can be extremely volatile and will rise and fall depending upon market conditions.
Therefore, before purchasing coins or bullion, you should first have adequate cash reserves and other assets to absorb a potentially significant loss. Sorry, but we do not make recommendations, we think you should buy what you want.
HOLDING PERIOD: Historically, few coins or bullion items have appreciated dramatically in the short term. Therefore, purchasers should recognize that
it may well be necessary for them to hold your items for a 3 – 5 year period, or even a 5 – 10 year period, to have any chance of realizing a significant gain.
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