Mountain Goat
Mountain Goat – Dinar Guru What will the new rate of the dinar most likey be like when it does come out? To answer this question just listen to what the CBI has been telling us. They are trying to bring back the Iraqi dinar to a rate of something like in the 1980’s. So what was the rate back then? [In 1980 the dinar was $3.39]
Newshound Guru Pimpy
Newshound Guru Pimpy – Dinar Guru There’s no 800#s…You guys talk about this still today, after all this time still believe there’s these 800#s you’re going to call and get some kind of special service. When the Iraqi dinar redenominates/ revalues their currency and Iraq no longer has any restrictions here in the United States, all you do is take your currency into the bank...You bring in your currency, they check them through a DeLaRue machine and make sure they’re not counterfeit bills and then they tell you what today’s rate is. They tell you how much you have in dinars and then they tell you how much you can get in US dollars. You can go ahead and make the exchange.
Clare
Clare – Dinar Guru Article: “The dollar exchange rate in Iraq fell to its lowest level in months.” Quote “…at exchange offices in Baghdad’s local markets, the selling price reached 139,750 dinars per $100, while the buying price reached 141,750 dinars per $100.“
Pimpy
Pimpy – Dinar Guru Iraq has been doing a really good job of staying out of conflicts/trouble. With an election coming up are they going to be able to continue on the straight and narrow and if Sudani doesn’t win you’re looking at months before they choose another PM. If another PM takes over Iraq what other kind of hassles are we going to have to deal with?
Mountain Goat
Mountain Goat – Dinar Guru Remember for your thought process that a rise in the rate of the dinar is less dinars to the US dollar not more. I know it is backwards to what some believe as we call a rise usually means more not less. So, actually it is a downward trend in the number of dinars to make up one US dollar. This strengthens the dinar. So, if the official rate is 1320 we want the dollars in the parallel market to reflect the same or less rate of 1320.
Pimpy
Pimpy – Dinar Guru Article: “Iran’s Takeover of Iraq Threatens Mass Christian Exodus” We know Trump is a religious man and he’s very into Christianity. If something starts happening to christians over in Iraq this could be big trouble for Iraq…There’s no way in hell Trump is going to allow christians to be tortured and killed. In the best case scenario nothing happens. In the worse case scenario Trump gets pissed off and starts sanctioning Iraq all over again.
Clare
Clare – Dinar Guru Article: “Maximizing non-oil revenues by up to 60%... Expert identifies what Iraq needs” Quote: “Economic expert Safwan Qusay confirmed that the percentage of non-oil revenue maximization in Iraq has reached 60%, while pointing to the country’s need to expand sources of income and achieve economic independence through long-term support for the agriculture, industry, and trade sectors.“
Militia Man
Militia Man – Dinar Guru That Development Road Project is going to be a very big project. It’s going to create massive amount of revenue streams for the country and it’s also going to create jobs. It’s going to do so much. It’s going allow more tourism, religious tourism. Iraq’s background is phenomenal…The region and the world is embracing Iraq…
Kaperoni
Kaperoni – Dinar Guru Article: “Al-Alaq: The volume of currency in circulation exceeds 100 trillion dinars.”
Sandy Ingram
Sandy Ingram – Dinar Guru Development Road Project…$17 billion project is an ongoing infrastructure development connecting Asia with Europe by establishing a network of railways, roads, ports and cities. Iraq will be changed by the DRP in 3 major ways: 1. Diversification of Revenue beyond oil... 2. Job creation…this employment surge will increase household incomes and stimulate domestic consumption, all of which point to a higher IQD value. 3. Transportation infrastructure enhancement will reduce shipping times between Asia and Europe making Iraq a competitive alternative to traditional routes like the Suez Canal. [Post 1 of 2….stay tuned]
Sandy Ingram
Sandy Ingram – Dinar Guru Here’s the 3 ways the Development Road Project will increase the IQD’s value. 1. Higher fees from transit fees and trade will help to increase Iraq’s foreign currency reserves. This will provide a substantial foundation for the IQD. 2. Economic diversification and infrastructure improvements can attract foreign investments increasing demand for the IQD and potentially leading to currency appreciation. 3. A more balanced economy with multiple revenue streams can stabilize prices, contributing to a stronger and more stable currency. It will also satisfy the IMF’s recommendations for diversified revenue for a stronger Iraqi economy. [Post 2 of 2]
Mountain Goat
Mountain Goat – Dinar Guru Article: “TOP IRANIAN OFFICIAL SAYS TEHRAN WOULD FORGO HIGHLY ENRICHED URANIUM IN NUCLEAR DEAL WITH TRUMP” Quote: “…Iran is ready to sign a nuclear deal with certain conditions with President Donald Trump in exchange for lifting economic sanctions...” This could finally end the negotiations and the middle east could possibly see PEACE. Most importantly this opens a window wide open for Iraq and aspects of the RV, as I am told by my CBI contact.
Pimpy
Pimpy – Dinar Guru Community Comment “Here’s the receipts for Trump’s remarks about the USA holding 35 billion dinar. Go to 2:47 mark.” A lot of people misunderstand what he’s talking about…What Trump is talking about is the fact that when Iraq sells their oil, the money gets transferred into the account here in the United States. That’s the money he’s talking about that we have of theirs…He’s just saying in the interview that we have $35 billion of Iraq’s money currently in an account and that comes from the oil sales not an investment.
Clare
Clare – Dinar Guru Article: “Iraq: Concluding Statement of the 2025 IMF Article IV Mission” Quote: “An International Monetary Fund (IMF)…met with the Iraqi authorities in Amman and Baghdad during May 4–13 to conduct the 2025 Article IV consultation…A highly uncertain global environment, falling oil prices, and acute financing pressures, are taking a toll on economic activity and exacerbating Iraq’s existing vulnerabilities, calling for urgent measures to preserve fiscal and external stability… [Post 1 of 2…stay tuned]
Clare
Clare – Dinar Guru Article quote continued: “Building on recent progress, the Central Bank of Iraq (CBI) should continue modernizing the banking system…The mission commended the CBI for the successful transition to the new trade finance system. Trade finance is now fully processed by commercial banks through their correspondent banking relationships. This has also supported the recent decline in the spread between the official and parallel market exchange rates. Nonetheless, further efforts are needed to further reduce the spread, including by imposing Iraqi dinar usage for car and real estate transactions, improving customs controls to curb smuggling, and simplifying FX access.” [Post 2 of 2]
Mountain Goat
Mountain Goat – Dinar Guru I have to keep asking just how much longer before the U.S. will sign off on this RV event and allow IRAQ to normalize their currency. We heard a lot of news about the crushing of the parallel market. We suspect to hear shortly that it has matched the “official” CBI rate. This is coming. …We know the first step to the currency reform of normalization, is the issuing of the newer lower denominations …WE should know it is coming and my CBI contact is on the committee to help orchestrate this event, when the committee is told to go ahead.
Pimpy
Pimpy – Dinar Guru The more I read about Iraq, the more I read about the reforms taking place in the Iraqi banking system, the more I’m convinced that they’re absolutely positively not going to switch into a paper currency. No more bank notes. I think they want to eliminate it all together. Everything points in that direction. They’re going to go central bank digital currency. This is happening all around the world.
Clare
Clare – Dinar Guru Article quote: “Economic expert Safwan Qusay concluded his remarks by stating that the government is serious about generating revenue from all sectors as part of a future development plan, noting that financial reforms and Syria’s exit from the black market have contributed to reducing pressure on the dollar, predicting that its price will continue to decline to 132,000 dinars per $100.”
Kaperoni
Kaperoni – Dinar Guru Though many people feel that they haven’t seen any results, significant improvements in Iraq include the central bank’s efforts to transition to digital. The two-year plan to integrate the banking system with the global financial system is a critical step.
Militia Man
Militia Man – Dinar Guru Article quote: “We are expecting a strong and robust economy with GDP growth of 5.3%…The giant strategic projects planned through 2028 confirm Iraq is on the verge of a major economic renaissance.” That is a big increase…
Pimpy
Pimpy – Dinar Guru Community comment: “If the Iraqi government do something like deleted the zeros and devalue the 25,000 bank note down to 25, IMO this will hurt the trust of Iraqi government because they allowed the sale of the dinar understanding that this was an option in recuperation towards the Iraq government economy.” The Iraqi people don’t give a shit if you bought their currency and invested in it. It doesn’t look bad on them. The Iraqi government didn’t make any promises about the Iraqi dinar…If you took that gamble, that’s on you. [Post 1 of 2…stay tuned]
Pimpy
Pimpy – Dinar Guru I would call it a devalue because they’re not devaluing. All they’re doing is changing the way the bank notes look. So instead of 25,000 dinar, you now have 25 dinar. That’s the nominal value. That’s just the way the note looks…It’s not being devalued, it’s still the same…Right now the exchange rate on 25,000 dinar is .00076…you get $19. When they delete the 3 zeros off the bank notes…they’re going to take the 3 zeros off the exchange rate. So now it’s going to be 25 x .76 which comes out to $19. The value of the dinar stays the same. The bank note, the nominal value, is the thing that’s going to change. [Post 2 of 2]
Fnu Lnu
Fnu Lnu -Dinar Guru Article quote: “A recent audit and monitoring of company practices revealed that some exchange firms have been charging citizens a commission of 50,000 dinars for purchasing dollars, double the amount stipulated by official directives.” This is exactly what I’m talking about when it comes to honesty in Iraq. They would rather steal a dime instead of earn a dollar. Theft and cheating has become a way of survival in this country, unjustly accused and excessively punished. It has been two generations since the Iraqis have known normal and everyone tries to best the system. They are not ready to RI/RV the currency until practices are uniform and legit.
Clare
Clare – Dinar Guru Article: “Net foreign assets at the Central Bank of Iraq decreased” Quote: “The bank said…the net foreign assets of the Central Bank for the month of January 2025 amounted to 128.97 trillion dinars, a decrease of 1.41% compared to December of last year, which amounted to 130.180 trillion dinars, and a decrease compared to January of last year, which amounted to 140.77 trillion dinars.“
Mountain Goat
Mountain Goat – Dinar Gur …the 34th Arab Summit held in Baghdad this past Saturday, May 17, 2025…was a pivotal moment in strengthening Iraq’s regional economic role and consolidating its position as one of the most prominent players in shaping the Arab development map, at a time when it has risen to fourth place in the Arab world in terms of gross domestic product by 2025. This is just yet another ride on the RV choo-choo that Iraq took to strengthen its position even more. If later they are going to present a dinar rate much higher than most, if not all middle eastern countries, they better be able to back it up.
Fnu Lnu
Fnu Lnu – Dinar Guru Article “The National Investment Commission (NIC) has announced that over 130 fully approved investment opportunities will be presented at the Iraq Investment Forum…” Events like this have become commonplace with the IBBC and NIC event scheduled for mid-June. These promoters bring the most prestigious corporations to the world. This Summer is going to be a hot one when it comes to International trade. It should be noted that these companies care not what the exchange rate for the Dinar might be. It is a simple calculation.
Mountain Goat
Mountain Goat – Dinar Guru The TRUTH is the in-country RV and the Project to Delete the Zeros has not yet happened. The reinstatement back to FOREX has also not yet happened…If we look at all the VERY GOOD news today we can see the writing is on the wall. We are getting very near to this event.
Pimpy
Pimpy – Dinar Guru Delete the zeros question: “If they increase the value compared to the dollar, say the exchange rate goes from 1 dinar worth $3.00 then my 25,000 dinar now 25 would exchange for $75?” Once they delete the zeros, yes, your 25,000 now become 25 and if it’s an exchange rate of 3 to 1… 3 x 25, your 25 dinar would now be worth $75. That’s correct.
Militia Man
Militia Man – Dinar Guru What we’re waiting to see is in fact regional countries have an approval and does the central bank [of Iraq] have everybody’s blessing for what they’re going to do and does the international financial community support that.