Mountain Goat – Dinar Guru If the CBI was successful in regulating the use of the dollar in Iraq and now the conversion solely to Iraqi dinars as their national currency, then the redenomination to the lower denominations this could go quickly. Of course, there is lots going on here and there will probably be some hiccups as they may expose more corruption in the banks or black marketeers as usual. Anything can happen but there is no turning back now on the process.