Mountain Goat – Dinar Guru Don’t worry what the exchange rate of the dinar is in Iraq. …The CBI will limit the exchange rate in Iraq for reasons I will not get into today. We are ONLY concerned with the rate on FOREX and what we can negotiate with the banks. Most banks will just have a standard rate of exchange, take it or leave it. AS far as any contract rates we know that China did pre-purchase oil credits from the US and so these credits we have an opportunity to share in, if we so desire. The only way you will know for sure is to ASK when you sit down to exchange. If they can’t tell you or say they don’t know, then go to another bank. Yes, there are going to be special so-called exchange centers, but be careful that you go to an actual exchange center and not some scam as there are going to be many of these scams at this time.