Pimpy – Dinar Guru There is a lot of discussion about changing the exchange rate of the Iraqi dinar. I don’t talk about it a whole lot only because I don’t want people to think I’m blowing smoke up your ass…I yanked this off one of the articles I recently read, quote: “Iraqi government is currently engaged in the significant debate regarding the future of the IQD exchange rate, specifically whether to transition from a fixed exchange rate system to a free floating one...” It’s being discussed. The Iraqi dinar’s value is currently fixed by the Central Bank of Iraq, meaning its value is not determined by global Forex market forces.