KTFA

  In Dinar Guru Updates, KTFA

Samson: Deputy: The formal sessions of Parliament will start immediately after the Eid  LINK

Sherry :  When does Eid start and when does it end? Thank you for any input on my question.

CJVM:  This is what Mr. Google answered.  Eid al-Fitr for the year 2020 is celebrated/ observed on sundown of Saturday, May 23rd ending at sundown on Sunday, May 24th.

Samson:  When we finally see our IQD listed on FOREX you won’t see it as a dollar amount.  You’ll see a “factor” and it requires a simple math step to get to what we want to know – how many $’s we get for each Dinar.

All FOREX listings are listed in pairs – comparing the USD to some other currency.  They will all show a different numerical factor against the USD.        USD/CAD, USD/EUR, USD/IQD

Using the program rate of 1190 you would divide $1 by 1190 = .00084
So you will see it on FOREX listed as  USD/.84       $1 divided by .84 = $1.19

And…….

USD/0.537 = $1.86          ($1 divided by .537 = 1.86)
USD/0.400 = $2.50          ($1     ”       ”  .400 = 2.50)
USD/0.333 = $3.00          ($1     ”       ”  .333 = 3.00)

USD/0.243 = $4.11          ($1     ”       ”  .243 = 4.11)

Also ….

$ RATE = WHAT YOU WILL SEE ON FOREX….WHEN IT RI’S/RV’S…..

$.86   = 1.162……..

$1.00 = 1.000………

$1.17 = 0.854……….

$1.86 = 0.537……..

$2.00= 0.500………

$2.50 – 0.400……..

$3.00 = 0.333……

$3.22 = 0.310…..

$3.46 = 0.289……..

$3.50 = 0.285 ………

$3.86 = 0.259……..

$4.00 = 0.250………

$4.10 = 0.243……..

$4.40 = 0.227………

$5.00 = 0.200……..