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Thread: UN Operational Rates of Exchange: No Change for Iraq

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    Default UN Operational Rates of Exchange: No Change for Iraq


    UN Operational Rates of Exchange: No Change for Iraq

    Posted: December 29, 2010
    2010 Operational Rates of Exchange
    Last updated 29 December 2010 for the effective date of 31 December 2010 and thereafter until further notice.


    (Please Note: You need Microsoft Excel to view this link....)

    http://www.un.org/Depts/treasury/2010dec31.xls

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    I think we all need to remember that Iraq must change her rate if possible

    Hopefully soon,,,,,real soon

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    A revaluation wouldn't show here, it would just be a surprise.
    Last edited by guardian; 12-29-2010 at 08:00 PM.

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    Quote Originally Posted by papaw19 View Post
    I think we all need to remember that Iraq must change her rate if possible

    Hopefully soon,,,,,real soon
    what about those of us who don't have Microsoft Excel ????

    what can we do?

    Friends are Friends for ever, when the Lord is the Lord of them...Michael W. Smith ljc

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    Med is offline "ASK NOT WHAT YOUR COUNTRY CAN DO FOR YOU" BUT "WHAT CAN YOU DO FOR YOUR COUNTRY"
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    Quote Originally Posted by ljcreviston View Post
    what about those of us who don't have Microsoft Excel ????

    what can we do?
    Then sorry but you are:

    SOL

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    hrlquin831 Guest

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    Quote Originally Posted by Med View Post
    Then sorry but you are:

    SOL

    And SOL stands for "Stuck on Linux." LOL, that's funny, I don't care who you are.

  7. #7
    butterfly Guest

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    Please keep in mind that the operational rates of exchange does NOT equate to what the value of any currency is. Its just exactly what it says it is. Its the rate they use to do things in the UN and assess membership fees etc. If I remember right, they used China's rate for Iraq last year or something like that.

  8. #8
    butterfly Guest

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    Term UN Operational rates

    Definition UN Operational rates are used for UN accounting purposes including settlement of UN inter-office transactions. Whenever they are available, market exchange rates are used. Otherwise, the UN Operational rates should reflect the most favourable legal exchange rate available to the United Nations. In general, UN Operational rates should approximate the market exchange rates provided by the IMF. In a limited number of special cases, they may be significantly different, reflecting the particular circumstances facing the Member State concerned. To make UN Operational rates as realistic as possible, in many cases, they may well approximate the unofficial market rates prevailing in relevant member states.


    http://unstats.un.org/unsd/snaama/gl...lts.asp?gID=25

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