Dinar Observer Daily

Pimpy – Dinar Guru  Once they make that announcement and the three zeros are deleted it becomes worldwide.  So as soon as you take your money into the bank they’re going to go, ‘Hey you realize this has been redenominated and they deleted the zeros.’   And you go, ‘Yep, I understand that.‘  So…regardless if it’s here in the United States or if it’s in Iraq…your 5,000,000 [Iraqi dinar] become 5,000…When they remove those zeros I don’t care where the hell you deposit it, they’re going to treat it as if the zeros are deleted…

Kaperoni – Dinar Guru   Community Comment:   “I may be wrong, but it seems Iraq has a ways to go before they hit the Forex.” Kaperoni: Hard to predict, but they are making significant progress and changes.

Sandy Ingram – Dinar Guru  There’s a major shakeup in the Central Bank of Iraq’s board of directors.  In a significant move to reform Iraq’s financial sector Prime Minister Sudani has initiated a restructuring of the Central Bank of Iraq’s board of directors.  This decision emerged from a recent meeting of the high committee responsible for evaluating and overhauling the leadership of state-owned banks and the CBI…Some board members may have hindered progress and the PM asked the banks to expedite the implementation of the global standards required and requested by the US government. 

Walkingstick – Dinar Guru  Two years the United Nations came out and said everything they’re saying today.  They were premature…The CFT (Combatting Financing Terrorism) was what brought us back to security and stability and to remove all those thieves from Iranian politicians that were using auctions through parliament.

Militia Man -Dinar Guru  The UN stating…Iraq’s going to be a banking powerhouse in the coming days…The UN statement is a pretty big deal. Article quote:  “The UN supports Iraq’s approach with this transformation that is expected in the coming days.‘

Pimpy – Dinar Guru   Article:  “UN: Iraq will become an internal and external banking force”   That’s what we’re hoping for, that’s why our fingers are crossed… Quote:  “Iraq is coming to a regional and international benefit to restore its status.”  That’s one of the big steps Iraq needs to do for the dinar to be trading onto the Forex.

Militia Man – Dinar Guru  What we’re hoping is Iraq changes the value of the currency and has no sanctions on it…Iraq is far more further along in her reforms than many probably realize.  The data supports that…

Walkingstick – Dinar Guru  [Response to Guru Clare 5-31-2025 Article below] This is a big announcement.  The United Nations fronted Iraq.  They beat the CBI to the punch because this is a very big strong statement to release.  It’s a new world now that Trump is back in office.

Clare – Dinar Guru  Article: “Al-Sudani to a congressional delegation: We look forward to developing our relationship with Washington in four areas.”  Quote: “Al-Sudani stressed the importance of bilateral relations with the United States and expressed his aspiration to develop and grow them across various fields, particularly in the economy, energy, investment, and culture sectors, in light of the Strategic Framework Agreement.”

Pimpy – Dinar Guru  There are no redemption centers.  You can just do it at your bank or you can go to a currency exchange center and change in your currency.  You got to be careful that there aren’t some fraudulent people out there claiming to have an 800# that you call, then you do something stupid like turn over your dinar to them and they they rip you off.  That’s the same with redemption centers.  They may offer you pennies on a dollar and you get ripped off.  You just need to be careful of crap like that.

Militia Man – Dinar Guru   Article:  “UN: Iraq will become a banking powerhouse both domestically and internationally”  You might not like the UN but that doesn’t matter.  Bottom line is it’s the United Nations… ‘Banking Powerhouse” probably not far-fetched whatsoever…We should take that extremely serious…

Clare – Dinar Guru  Article:  “Al-Hassan: Iraq is on its way to becoming a banking powerhouse domestically and internationally.” Quote: “Al-Hassan pointed out that the United Nations supports Iraq’s approach, which will in the coming days become a banking force that interacts internally and externally.“

Samson – Dinar Guru  Article: “UN: Iraq will become a banking powerhouse both domestically and internationally.“

Mountain Goat – Dinar Guru   I strongly believe that the CBI has broken the proverbial back of the camel, yes, the back of the parallel market...it is evidenced in an article titled “THE DOLLAR’S DECLINE IS IN THE INTEREST OF CITIZENS AND STRENGTHENS THE PURCHASING POWER OF THE DINAR.” …Hamid Abu Firas, owner of a money exchange company, explained…that “this fluctuation in the exchange rate cannot be called a fall in the dollar price, but rather an increase in the value of the Iraqi dinar against other currencies.” Folks this statement by Firas is a “WOW!” statement. We are hearing this from a money exchanger. These are the people who want the dollar to rise not decline and so this is a very important truth he had to now admit.

Mountain Goat – Dinar Guru   What will the new rate of the dinar most likey be like when it does come out?  To answer this question just listen to what the CBI has been telling us. They are trying to bring back the Iraqi dinar to a rate of something like in the 1980’s. So what was the rate back then?  [In 1980 the dinar was $3.39]

Newshound Guru Pimpy – Dinar Guru  There’s no 800#s…You guys talk about this still today, after all this time still believe there’s these 800#s you’re going to call and get some kind of special service.  When the Iraqi dinar redenominates/ revalues their currency and Iraq no longer has any restrictions here in the United States, all you do is take your currency into the bank...You bring in your currency, they check them through a DeLaRue machine and make sure they’re not counterfeit bills and then they tell you what today’s rate is.  They tell you how much you have in dinars and then they tell you how much you can get in US dollars.  You can go ahead and make the exchange.

Clare – Dinar Guru   Article:  “The dollar exchange rate in Iraq fell to its lowest level in months.”  Quote “…at exchange offices in Baghdad’s local markets, the selling price reached 139,750 dinars per $100, while the buying price reached 141,750 dinars per $100.“

Pimpy – Dinar Guru  Iraq has been doing a really good job of staying out of conflicts/trouble.  With an election coming up are they going to be able to continue on the straight and narrow and if Sudani doesn’t win you’re looking at months before they choose another PM.  If another PM takes over Iraq what other kind of hassles are we going to have to deal with?

Mountain Goat – Dinar Guru   Remember for your thought process that a rise in the rate of the dinar is less dinars to the US dollar not more. I know it is backwards to what some believe as we call a rise usually means more not less. So, actually it is a downward trend in the number of dinars to make up one US dollar. This strengthens the dinar. So, if the official rate is 1320 we want the dollars in the parallel market to reflect the same or less rate of 1320.

Pimpy – Dinar Guru  Article: “Iran’s Takeover of Iraq Threatens Mass Christian Exodus”  We know Trump is a religious man and he’s very into Christianity. If something starts happening to christians over in Iraq this could be big trouble for Iraq…There’s no way in hell Trump is going to allow christians to be tortured and killed. In the best case scenario nothing happens.  In the worse case scenario Trump gets pissed off and starts sanctioning Iraq all over again.

Clare – Dinar Guru  Article:  “Maximizing non-oil revenues by up to 60%... Expert identifies what Iraq needs”  Quote:   “Economic expert Safwan Qusay confirmed that the percentage of non-oil revenue maximization in Iraq has reached 60%, while pointing to the country’s need to expand sources of income and achieve economic independence through long-term support for the agriculture, industry, and trade sectors.“

Militia Man – Dinar Guru  That Development Road Project is going to be a very big project.  It’s going to create massive amount of revenue streams for the country and it’s also going to create jobs.  It’s going to do so much.  It’s going allow more tourism, religious tourism.  Iraq’s background is phenomenal…The region and the world is embracing Iraq…

Kaperoni – Dinar Guru   Article: “Al-Alaq: The volume of currency in circulation exceeds 100 trillion dinars.”

Sandy Ingram – Dinar Guru   Development Road Project…$17 billion project is an ongoing infrastructure development connecting Asia with Europe by establishing a network of railways, roads, ports and cities.  Iraq will be changed by the DRP in 3 major ways: 1. Diversification of Revenue beyond oil... 2.  Job creation…this employment surge will increase household incomes and stimulate domestic consumption, all of which point to a higher IQD value.  3.  Transportation infrastructure enhancement will reduce shipping times between Asia and Europe making Iraq a competitive alternative to traditional routes like the Suez Canal.   [Post 1 of 2….stay tuned]

Sandy Ingram – Dinar Guru  Here’s the 3 ways the Development Road Project will increase the IQD’s value.  1. Higher  fees from transit fees and trade will help to increase Iraq’s foreign currency reserves.  This will provide a substantial foundation for the IQD. 2. Economic diversification and infrastructure improvements can attract foreign investments increasing demand for the IQD and potentially leading to currency appreciation.  3. A more balanced economy with multiple revenue streams can stabilize prices, contributing to a stronger and more stable currency.  It will also satisfy the IMF’s recommendations for diversified revenue for a stronger Iraqi economy.   [Post 2 of 2]

Mountain Goat – Dinar Guru   Article:  “TOP IRANIAN OFFICIAL SAYS TEHRAN WOULD FORGO HIGHLY ENRICHED URANIUM IN NUCLEAR DEAL WITH TRUMP”  Quote:  “…Iran is ready to sign a nuclear deal with certain conditions with President Donald Trump in exchange for lifting economic sanctions...”  This could finally end the negotiations and the middle east could possibly see PEACE. Most importantly this opens a window wide open for Iraq and aspects of the RV, as I am told by my CBI contact.

Pimpy – Dinar Guru  Community Comment “Here’s the receipts for Trump’s remarks about the USA holding 35 billion dinar.  Go to 2:47 mark.”  A lot of people misunderstand what he’s talking about…What Trump is talking about is the fact that when Iraq sells their oil, the money gets transferred into the account here in the United States.  That’s the money he’s talking about that we have of theirs…He’s just saying in the interview that we have $35 billion of Iraq’s money currently in an account and that comes from the oil sales not an investment. 

Clare – Dinar Guru  Article: “Iraq: Concluding Statement of the 2025 IMF Article IV Mission” Quote: “An International Monetary Fund (IMF)…met with the Iraqi authorities in Amman and Baghdad during May 4–13 to conduct the 2025 Article IV consultation…A highly uncertain global environment, falling oil prices, and acute financing pressures, are taking a toll on economic activity and exacerbating Iraq’s existing vulnerabilities, calling for urgent measures to preserve fiscal and external stability…  [Post 1 of 2…stay tuned]

Clare – Dinar Guru   Article quote continued:  “Building on recent progress, the Central Bank of Iraq (CBI) should continue modernizing the banking system…The mission commended the CBI for the successful transition to the new trade finance system. Trade finance is now fully processed by commercial banks through their correspondent banking relationships. This has also supported the recent decline in the spread between the official and parallel market exchange rates. Nonetheless, further efforts are needed to further reduce the spread, including by imposing Iraqi dinar usage for car and real estate transactions, improving customs controls to curb smuggling, and simplifying FX access.”   [Post 2 of 2]

Mountain Goat – Dinar Guru   I have to keep asking just how much longer before the U.S. will sign off on this RV event and allow IRAQ to normalize their currency. We heard a lot of news about the crushing of the parallel market.  We suspect to hear shortly that it has matched the “official” CBI rate. This is coming. …We know the first step to the currency reform of normalization, is the issuing of the newer lower denominations …WE should know it is coming and my CBI contact is on the committee to help orchestrate this event, when the committee is told to go ahead.