Welcome to the Dinar Observer – Daily. For regular Dinar Updates, to see what the Dinar Gurus have to say, Dinar to USD listings, IQD and for Iraqi Dinar info – THAT MATTERS!! This is a good place to start for your Daily Dinar Recap – whether you are a Dinar vet or just looking for a little current Dinar info – Welcome.

Word for the day…

Psalm 100:4 (NKJV)

4 Enter into His gates with thanksgiving,
And into His courts with praise.
Be thankful to Him, and bless His name.

Heavenly Father, we bless Your Holy Name! Thank You for Your love, grace, mercy, forgiveness, family, and friends! In Jesus Name, Amen.

Happy Thanksgiving!! Love & Blessings!!

Mr. & Mrs. BGG

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CURRENCY CODE SELL BUY

Dinar to USD – Dinar Value – Iraqi Dinar “IQD” listing

Indicative rates – 11.25.2015 

http://www.cbi.iq/

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Whoever would overthrow the liberty of a nation must begin by subduing the freeness of speech. – Benjamin Franklin

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*** Current Posts ***

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Happy Thanksgiving!!

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Mnt Goat – [I’m hearing you tell us that you expect the RV to happen prior to launching the 2016 Budget and this should happen in early December. But what does it mean when they commonly refer to “by mid 2016” This almost looks like the RV will happen sometime in early 2016?]  I never tied the RV to the passing of the budget. I did say it was my “opinion” it would only make sense to RV prior to the budget being opened in 2016. I personally believe they want to target 2016 as a fresh start and attempt to get on this new currency with a new value.
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SteveI – [Praying for a Dec 1 RV!]    I do not think December 1st because they need to wrap up controlling ISIS in Mousl. But once that is done, start looking…
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Mnt Goat – I want to clarify all the talk about the IMF and the FACT they are working closely with Iraq to resolve their economic issues,  one of which is the currency reform. I firmly believe this is the reason we are seeing the recent push to get everything completed in a timely manner.   …they will have to launch the LOWER DENOMINATIONS very soon along with a significant increase in the rate of their currency. Why? Because the need to collect these 3 zero notes and they need to do it now thus must give the citizens an incentive to do so. The incentive is to make them worth more than the US dollar.  The plan is to increase the value to 90 cents – $1.14.  You will probably not see this rate at the exchanges as it will happen suddenly and IS NOT THE RV…nor is it a FLOAT.  It is simply the CBI determining to raise the value of the dinar and is an in-country rate increase. It is a temporary measure as the full RV will follow 4-7 days later.
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Breitling – …Let’s say they do retire the 25K note…what would the process be?  The same thing that happened with the 50 dinar note…there would be a window where you can exchange that note for the other notes…they are not cutting you off.   I got an email saying, …”they are going to get rid of the 25K notes…there’s a group and they will take the 25K notes and they are going to give $5 per dinar…”  Here’s the problem…and this is the nicest I can be if you’re that stupid then you are that stupid.  You want to give somebody your dinar and hope that you are going to get $5 a dinar cause you’re a special group then you deserve whatever happens to you.  I’m not the detective for stupidity.  They are not going to get rid of the 25k notes without letting anybody go through the process of exchanging them.   You don’t need to worry about the 25K note being retired.  If that’s what’s going to happen coming down the road then we just go through the process of exchange for the next notes that are available.  And it’s NEVER not been that way.  I’ve never seen a country retire a note and not give people the opportunity to exchange it…it just does not exist.   [post 2 of 2]
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Iraqi Dinar/Dollar auction (most recent listing) 11-25-15 

Currency Auctions Announcement No. 3081

This daily currency auction was held in the Central Bank of Iraq on the 11-25-2015

The results were as follows:

More: http://dinarupdates.com/blog/
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Breitling – I want to crush the skepticism that’s out there.  Are they going to retire the 25k notes…are they going to lop?  Let’s go through this real quick.  If they were simply going to get rid of the notes with the three zeros on them all they have to do is retire them…that’s it.  [“Instead”-b] They have been reducing the note count.  Which tells you the value of what we have.  And lately what have they been doing?  They’ve been using their gold reserve to sponge up what you and I have.  What’s interesting though an article says “CBI an existing project to delete the zeros “  well if they are deleting zeros off the currency why are they issuing 50,000 notes?  Does that make sense to anybody?  Obviously it means they are getting rid of the zeros off the rate.  It couldn’t be in your face more clearer than that.  What’s the worst case scenario that can happen for you here?… [Post 1 of 2 stay tuned for the rest of the story
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firefly – This was never meant to be a get rich overnight scheme…but a plan…I am very excited right now.
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Poppy3 – the market on gas is exactly what was predicted. I REPORTED THREE YEARS AGO AND LATER WSJ [Wall Street Journal?] STATED THAT AS SOON AS IRAQ OIL STARTED SHIPPING AGAIN ON THE INTERNATIONAL MARKETS OIL WOULD DROP BECAUSE THE MARKET WOULD BE FLOODED. THEY PREDICTED AT AROUND 1.69 AND LEVEL OUT.  IT HAS HIT THAT ALREADY IN MANY PLACES. ALL THE BULL THEY HAVE [BEEN] PUTTING OUT THAT THE DROP IN OIL HAS BEEN A REASON FOR THEIR CRSIS IS A JOKE. THEY HAVE KNOWN FOR YEARS WHERE THE PRICE WOULD FALL AND WHEN. REMEMBER RICH FRIENDS WHEN SADDAM HAD THE RATE AT $3.22 THE OIL PRICES THEN WAS $32.00 A BARREL. ALL IS LOOKING VERY GOOD…TIME IS MOVING OUR DIRECTION FAST.
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Frank26 – I think the RI into the RV next year…it is going to take the currency towards the end of next year where they will have to cap it between 3.86 and maybe 4.25…high numbers with a very good exchange rate…  …RI starting next month…between the RI and RV will be about 7-10 day…starting around 40 cents…taking us into next year…the first quarter…it could still be at the program rate, introduced as the international rate but changed instantly…  Then we will see it change in that first quarter…become 1 to 1…because of the currency in the basket it will sit in…the USD that is now hitting 1.00.   …the game has started.   [post 3 of 3]
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Frank26 – Dr. Shabibi’s plan was to introduce the 500 the 250 IQD…they will phase out the 000’s…yes the 25k, 10k, 5k, 1k...this is Dr. Shabibi’s work…they will introduce the LD’s…yes…but it is not Dr. Shabibi’s work to bring out the 50k’s…not his process. They may still tell you they will bring out 50k’s and 100k’s but let Dr. Shabibi tell you that next year for 2017 but not for the RI but for the RV.   We already know what Dr. Shabibi should do on the 15th and into next year.  Dr. Shabibi now stands at the helm of the CBI just watch for this to be announced.   [post 2 of 3….stay tuned]
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Frank26 – last week…I talked about…The 50k’s have a purpose…to lift the 000’s from the citizens…we thought they were coming in, exchanging their 2 25k’s for a 50k but something didn’t seem right…it makes no sense.  So why put the 50k’s out…it was a stupid mistake by some stupid man. Wasn’t this Dr. Shabibi’s idea to bring in the 000’s…   Then sure enough…you see an article from Dr. Shabibi…what does he say…that he’s postponing the distribution of the 50k’s in 2015…why…because it is a stupid mistake by a stupid man…by Allak.  Allak who back at the beginning of 2014 was working for Maliki who did not want the IQD to go up in value because then how could he continue to steal and counterfeit things for him and his boss.   [post 1 of 3….stay tuned]
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Aggiedad77 – URGENT FROM IRAQIA TV: “Central Bank postponed the launch of the 50000 until next year!”  [Does this mean that they have removed enough of the 25,000’s from the citizens hence the delay?]  …makes you wonder what they might be up to…but I sense something beneficial.
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DELTA – URGENT FROM IRAQIA TV: “Central Bank postponed the launch of the 50000 until next year!“  …WE ARE TRYING TO GET YOU MORE INFO.
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