Dinar Observer Daily

Pimpy – Dinar Guru  Removing, lopping, deleting, whatever you want to call it, the three zeros are all the same.  A  monetary economic redenomination is a process of changing the face value of the bank note and coins in circulation.  Redenomination itself is considered symbolic as it does not have any impact on country’s exchange rate in relations to other countries…When you  drop the zeros you’re not going to be multiplying [25,000] times $0.00076.  It now becomes 25 times $0.76.  The deletion of the  zeros is simply symbolic.  That’s all it is.

Reset Intelligence – Dinar Guru  In late March 2026 Iraq’s central bank governor went on television and said he was not studying any change to the exchange rate…The phrasing nearly matched the script the bank ran weeks before the 2023 adjustment.   The last time the bank denied studying a change, the change followed within weeks.  

Sandy Ingram – Dinar Guru  Is the IQD undervalued today?  Yes…sure it is.  But is it worth $3 or $4 per IQD?  Under today’s standards Iraq has a major problem.  They are wealthy only because of oil revenue.  To be consistently wealthy, the World Bank and the IMF say Iraq MUST develop additional income streams.  Why?  Because today’s standards require that of currencies that are traded on the global forex market.  It’s just a given.  Who enforces this so-called rule?  Absolutely no one.  But if a country takes actions without a recommendation from the IMF or the World Bank investors usually will not trade the currency.  So…What  monetary mechanism would allow today’s outstanding dinars to suddenly become worth $3 or $4 each?

Stephen – Dinar Guru  I’ve been getting a lot of messages this past weekend from people that are very concerned saying, ‘Oh my gosh, if the dinar goes digital, does that means that our paper currency is worthless?” Having the dinar go digital is going to help a lot when it comes to the tracking and making sure every single dollar is tracked…While we are waiting for the Iraqi dinar revaluation…going digital is a critical piece of that happening.

Jeff – Dinar Guru   You don’t need to worry about the money supply total like the M0 figure.  What you need to worry about is how much dinar physically remains in the country because that’s the only part that can be used for anything because the dinar is not physically tradable.

Pimpy – Dinar Guru  Every two years a BTI report comes out.  It’s like an overall grade for your country. Investors can look at these reports and decide if they want to invest in the country…Let’s hear what they have to say about the Iraqi dinar and Iraq itself….It really does say some good stuff…They’re stable politically, they’re stable economically and it says their currency is now stable.  These are all good signs…Since late 2022 Iraq has experienced unprecedented level of security stability…Iraq is doing much much better than the report that came out two years ago or even two years before that…

Reset Intelligence – Dinar Guru  Before you tell me $83 billion [in Iraq’s Reserves] is not enough to back a reval, you need to understand the structure. Foreign IQD holders are not part of Iraq’s in-country process. The international side settles off-soil, through the Tier 1 banking layer…Not out of Baghdad’s vault. Iraq’s reserve backs Iraq’s dinar at home. The foreign redemption draws on a different pool…We cannot confirm it until it happens. But that is the structure contacts close to this describe. 

Mountain Goat -Dinar Guru  My CBI contact…said. They (CBI, IMF, World Bank, US Treasury) all know that once the currency is converted back to all lower denominations it must be followed by a revaluation. With the revaluation the currency must come back online (FOREX). The real nominal value must be recognized they call this the REER. She suspects that the powers controlling this are going to use the Iraqi dinar for other purposes too and so the REER rate must be very high. They are trying to secure this new rate with the economy.   [Post 1 of 2….stay tuned]

Mountain Goat – Dinar Guru   But here is the dilemma, Dr Shabibi told us way back in 2012 the dinar could withstand up to a market $16 rate on FOREX. If this was true back in 2012 then why is it still at 1/6 of a penny in 2026?  She said simply that the CBI needs to convert/swap these large 3 zero notes to the newer lower denominations and issue coins and get on with it.  These 3 zeros notes were meant to be a temporary solution to prevent hyperinflation that began in 1990 and then got much worst during the sanctions and then from the 2003 post war… Hyperinflation is now knocking at their door as a result of not swapping out these notes back earlier…The issue now is time…she said…Time is no longer on our side…  [Post 2 of 2]

Stephen – Dinar Guru   I personally am looking for more misinformation than ever before the revaluation takes place because that’s just what Iraq does.  They’re not going to give you a hint or tell you when it’s going to happen…Look at their actions, not their words...

Pimpy – Dinar Guru  I’m in this investment just like you.  I don’t want the zeros off.  Is it realistically going to come off?  Most likely yes.  But I don’t want them off.  I want to be a millionaire just like you guys do.  You can see [drop the zeros] is in the news.  It shows up quite often that they’re going to do this.  So there’s a good chance they are going to remove the zeros off the Iraqi dinar, redenominate, which means they have a whole new bill that looks different...They’re going to print new ones…You’re going to see the new denominations without the zeros…

Jeff – Dinar Guru   Redenominating only impacts the citizens in Iraq…In country a 25,000 note becomes 25.  In Iraq, purchasing power remains the same….A new smaller 25 note will buy the same bag of groceries after the rate changes as the 25k note before the rate change…Outside the country…the two currencies will coexist…[A single dinar] is going to be at the same value.  Let’s say the dollar value is $3.00…If you have a 25,000 note…it’s worth $75,000.  If you have a 25 note…it’s $75. 

Reset Intelligence – Dinar Guru  In Iraq the exchange rate is written into the budget law. The 1,300 rate sits in the 2023 law, no law since has replaced it, and the document that must carry the next number is now being drafted, due at parliament in September…The budget law records the rate, it does not set it.  In February 2023 the rate moved by decision on an ordinary morning and the law caught up 4 months later. September is when Iraq must show a number on paper. The decision can land any morning before it. Watch the window, not the calendar.

Militia Man – Dinar Guru   Removing the zeros from the dinar is mainly a bookkeeping step…It does not make the money stronger by itself…A strong currency comes from a strong economy and solid institutions… Remove the zeros could have been done years ago.  If they were only going to do a lop…why didn’t they do it years ago?  They could have done this years ago if they were going to do that.  That’s not what the plan is about…A stable exchange rate is going to be based off of a Real Effective Exchange Rate which is true fundamentals.  Doing a lop just doesn’t work, doesn’t make any sense whatsoever

Kaperoni – Dinar Guru  Article: “With Apple’s entry, Iraq joins the global digital economy“

Stephen – Dinar Guru  As of today, the rate of the Iraqi dinar according to the CBI website is 1310 dinar per US dollar.  For anyone saying the rate has changed, for anyone claiming they are going to the bank or they have already exchanged their dinar for US dollar, well, they are simply lying to you…If something is a lie, if something is false, I am going to confront it head-on…There is no special group of people who are going to cash out or who are going to exchange their dinar before anyone else…Regardless if you hold one 25,000 dinar note or you hold multi-millions, we are all going to have the same  opportunity to go to the bank and exchange our notes.

Pimpy – Dinar Guru   Article: “Will the Federal Government Remove Three Zeros from the Iraqi Dinar?”  We don’t want that to happen.  If you own any of the current Iraqi dinars, you want them to leave the zeros there…I got people saying, ‘Well, that’s in country.’  No.  Once they make this move it happens worldwide…You can’t have it happen in country and not out of country because then people be buying currency and then sell it outside of the country to get more money.

Jeff – Dinar Guru   There’s the money supply that remains physically in the country [of Iraq] and outside the country…100 trillion is the amount that remains around the world.  But the bulk of that is what’s outside the country of Iraq.  Remember the dinar is not tradable so when it’s outside of Iraq, the central bank doesn’t give two craps about it.  They don’t care because it’s not tradable, can’t be used for anything…The money outside of Iraq is what Iraq used to pay other countries back for all the efforts they helped them with…The United States has about half of their money supply…All [Iraq] cares about is the amount of dinar remaining inside of Iraq.  It’s roughly about 20 to 40 trillion dinar.  When the rate changes, they trim three zeros off that.  The money supply will go from 20 to 40 trillion down to 20 to 40 billion.  

Reset Intelligence – Dinar Guru   This week a United States senator Rand Paul walked into the most famous vault on earth [Fort Knox] and settled a half century argument “the gold is there.”  All 147 million ounces… The metal never moved.  And the dollar lost 85% of its value anyway.  That is what happens to money with no backing. Nixon’s moment and the endless printing did the damage...Now the gold is being counted again. The world is heading back to the gold standard, and the US is leading the way. Baghdad is already positioned, 175 tonnes deep, writing the budget law that names the dinar’s next rate.

Mountain Goat – Dinar Guru  …they (the CBI) always push for an RV target, however there are always a series of issues to resolve along the way, hopeful they can do it…I believe that our ‘saving grace’ for a future reinstatement is held in the progress and non-oil revenues they can derive from the Development Road Project. Diversification of the economy with non-oil revenues is coming and in part is moving ahead now. We can see evidence of this with the Turkey/U.S. (Trump) talks and now the Turkey/Iraq talks. 

Samson -Dinar Guru  Article: “THE IRAQI MARKET IS ATTRACTING THE ATTENTION OF THE AMERICAN PRIVATE SECTOR”

Jeff – Dinar Guru  There’s a massive currency shortage.  They’re claiming it’s due to lack of oil revenues from the war… Iraq talks to you out of both sides of their mouth…You need to think about this from both sides…What are things that might happen when the rate’s about to change?  …January through June, they kept telling us, ‘Hey, we’re eventually going to have to adjust the salary pay scales.’ What causes that?  …A rate change force them to have to adjust salary pay scales…Is it possible they’re not paying salaries because they need to adjust the pay scale?  …New currency denominations impact the budget and the salary pay scales…All possibly suggest the rate is about to change.  Those are things Iraq can’t tell you.  Iraq had no problem paying salaries during the first half of the year but when you hit the second half of the year it’s magically a big problem, which is potentially a new budget period.

Mountain Goat – Dinar Guru   Article:   “CONGRESS COMMENTS ON THE BOMBING OF THE POPULAR MOBILIZATION FORCES: WE FUND THE IRAQI GOVERNMENT AND IT PAYS SALARIES TO THE MILITIAS.”   What?  …This concept really gets my goat. They are using your tax dollars to stop the RV. I don’t mean directly or consciously even.   What I mean is these funds being paid to Iraq is your tax dollars, yet by  supporting the militia using these funds they are actually holding up the  RV process.

Clare – Dinar Guru  Article: “Does the increased money supply threaten the stability of the Iraqi economy? Al-Zaydi’s  advisor explains the risks” Quote: “The Prime Minister’s financial and economic advisor, Mazhar Muhammad Salih, revealed…the issuance of currency in Iraq recorded a remarkable increase during the first five months of 2026, reaching about 113.560 trillion  dinars by the end of May, an increase of 13.761 trillion dinars, or 13.8%, compared to the end of 2025.”

Jeff – Dinar Guru  Question “I got my dinar in Iraq at a military base.  I don’t have a receipt?”  Receipts are not critical in this.  The banks have machines that should do three things for you, count, sort and authenticate your foreign currency.   Even if the machines they use that do the counting don’t have the cameras to do the imaging and scanning or authenticating, they  still have security cut sheets where they can visually inspect your notes.  All that receipts are for are for you taxes.  They  might get you a lower tax rate depending on how long you’ve had your currency.

Stephen – Dinar Guru  The CBI rate still has the Iraqi dinar pegged at 1310 dinar per US dollar. So for anyone who is  saying they got paid, anyone who is saying they cashed in their dinar, I would argue they are most likely lying to you

Militia Man – Dinar Guru  Holders of illicit or laundered funds have strong reasons to stay outside the formal system.   They do not want the scrutiny that comes with depositing large cash amounts…‘Where did you get this?’ …They’ve been warning and warning and warning and telling us they’re going to potentially be doing the deletion of the zeros.  Think about all those folks that have billions of dinar. They’re afraid to get it into the system because they got it by illicit means.  Just wait until they adjust the Real Effective Exchange Rate and see what happens because they only give them a month…It forces the legitimate mass back into the system and leaves the rest exposed or stranded.  I would not want to be holding the bag with a billion dinars in  Iraq.

Sandy Ingram – Dinar Guru  No currency is guaranteed to rise.  Economic data, central bank decisions and global events can change the outlook of any currency quickly.

Reset Intelligence – Dinar Guru  A public who has spent weeks hearing the state cannot pay [their salaries] will greet the [rate] change as rescue, which it was designed to look like…The dinar moves last behind the [open cabinet] chairs and the budget.  But when a government this rich starts telling its people it is this poor what you are watching is stagecraft.  And the stage is being set for the one event that ends the play… Baghdad is rehearsing a crisis.  Shows only get released when opening night is booked.

Clare – Dinar Guru  Article: “Purchasing power under pressure: The impact of delayed salaries on the local economy – Urgent”  Quote: “salaries represent the main source of income for millions of Iraqi families, and any delay in their disbursement leads to a decline in purchasing power and a decrease in spending rates, which is reflected in various commercial and service sectors.”