Dinar Observer Daily

Jeff – Dinar Guru   Banks in the United States are told not to engage with customers who ask about the Iraqi dinar.  They don’t exchange it today because they [Iraq] are still under US OFAC sanctions.

Reset Intelligence – Dinar Guru  Non-oil revenue hit a record 16% of government income, up from under 5% before 2020.

Stephen – Dinar Guru   Lets talk about removing a zero because this is where people get hung up.  They’re like, ‘Oh Iraq isn’t going to revaluate the currency.  They’re going to redenominate which means this is going to be a net-neutral event, there’s going to be no increase to the purchasing power.’  This is where people get confused…There is going to be a revaluation  alongside a redenomination…The citizens are going to get purchasing power alongside getting new Iraqi dinar notes…Investors outside the country of Iraq that’s where we are hoping and planning to make our return on our investment and make some money..

Militia Man – Dinar Guru  The deletion of the zeros has been undeniable.  Nobody’s denied it…Alaq never did.  Al Sudani never did.  The new prime minister hasn’t done that.  The new finance minister hasn’t ever said anything about it nor has the central bank denied it.  That tells you a story in itself…

Kaperoni – Dinar Guru  There is really only two realistic options for the future of the Iraqi dinar. The first option is something none of us want to see which would be a complete redenomination or neutral event turning trillions of dinar in circulation into billions…The second option is more realistic, with the help of IMF, Iraq will diversify their economy which we have been saying for 10 + years, and float the currency allowing the dinar to rise based on their economic success and market forces to set official rate of the Iraqi dinar.

Jeff – Dinar Guru   Changing the rate and running the country is no different than a business.  You have to know how much money you have.  What they’re doing right now before they finish their cabinet and change the rate is they’re completing the steps of the money.  They need to know how much money and capital they have and have it allocated before they can complete the cabinet and change the rate…

Reset Intelligence – Dinar Guru  An economic expert floated removing one zero from the dinar. No official has confirmed it…Removing a zero is a redenomination. It changes the face of the note, not what the note buys. It is not the reprice this community has waited on for 20 years. The rumor is the noise. The machinery is the story. The number on the note has not moved yet. The country underneath it is being rebuilt to carry a different one.

Mountain Goat – Dinar Guru   Article:   “…IRAQ AND THE UNITED STATES WILL SIGN THE LARGEST ECONOMIC AGREEMENT IN HISTORY“   Quote:  “…It will be the largest package of agreements and memoranda of understanding since the establishment of relations between the two countries…The package will also include the announcement of major American companies entering the Iraqi market, and the launch of broad investment opportunities in various sectors, which will contribute to revitalizing the economy...”   Can you say RV, can you say WTO? WOW!

Samson – Dinar Guru  Article: “FOR THE FIRST TIME, NON-OIL REVENUES RECORD THE HIGHEST CONTRIBUTION TO IRAQ’S FINANCES AT 16%“

Militia Man – Dinar Guru  [Dropping zeros can] make the parallel informal market nervous.  Hypothetically if they readjust the value of the currency and they drop one zero…two zeros…three zeros it’s going to be painful for anybody that hold a [U.S.] dollar.  Because once that denomination changes they can apply the real effective exchange rate…That’s where the risk comes into play.  This is to stimulate those folks [holding onto U.S. dollars and not dinar] to wake them up.  If you’re going to get caught with a large amount of dollars and they change the real effective exchange rate, those dollars are going to be worth a lot less [dinars].  

Jeff – Dinar Guru  REER means Real Effective Exchange Rate.  Depending on where the country’s inflation is, is going to determine the direction the rate is going to go, whether it goes up or down. Iraq has…almost no inflation so the REER is going to go in a positive direction through a redenomination.  There’s nothing to worry about here.

Clare – Dinar Guru  Article: “Iraqi Dinar Strengthens as Iranian Toman Plunges Amid Tensions“ Quote: “The Iraqi dinar has recorded notable gains against the U.S. dollar, while the Iranian toman continues to lose value due to escalating conflict conditions…Last week, the dinar showed a sharp upward trend. At the start of the week, 100 dollars traded for 153,500 dinars, but by Tuesday, July 21, 2026, it had dropped to 149,500 dinars, and in some cities like Baghdad and Basra even to 149,000. Currently, the rate is stable between 150,000 and 151,000 dinars. Since the beginning of the month, the dinar has regained about 4,000 dinars per 100 dollars.“

Stephen – Dinar Guru  Community comment:  “Stephen, my bank doesn’t verify currency on site. They said they have to send it off.”  Do not allow that to happen…Maybe you have to drive an hour.  If that’s the case so be it.  You’re going to find out which branches verifies the currency and can do the exchange right there for you.  Again, if that money leaves your sight…this can go wrong and things could happen…We’re talking about potentially tens…hundreds of thousands, millions of dollars.  That’s nothing to mess around with.  You want to be very very careful.

Mountain Goat – Dinar Guru   Article:  “EXCLUSIVE: BAGHDAD SEEKS TO ESTABLISH A NEW ECONOMIC ERA WITH WASHINGTON”  Quote:  “…Iraq’s success in establishing security and extending state authority sends a reassuring message to investors and international companies, and lays the foundation for stronger economic relations with international partners, foremost among them the United States, which will reflect on development opportunities and create a more attractive environment for capital.”  Can you say RV, can you say WTO? WOW!

Stephen – Dinar Guru   Community comment, ‘President Trump holds Iraqi dinar.’  I’ve heard this as a common theme over the last 15 years…I’ve heard these arguments even before President Trump ran for the presidency…back when he was on the apprentice.  A lot of people would say, Donald Trump owns 30 billion Iraqi dinar.  It sounds good.  It’s interesting to say the least, but that is not public information.  No on knows at all if President Trump owns dinar or not.  It would seem likely that he probably owns Iraqi dinar.  I would venture to bet he owns at least some Iraqi dinar…It seems very plausible but none of us could say with 100% certainty that he does or does not.

Jeff – Dinar Guru  Article: “New collapse for the Iranian currency: $100 jumps to more than 19 million Tomans”  The Iranian currency value and economy are collapsing.

Clare – Dinar Guru  Article: “Iraq accelerates journey towards WTO membership” Quote: “Iraq has increased its attempts to join the World Trade Organization (WTO), with the new administration advancing a process that officials regard as part of a larger agenda of economic reform and diversification.”​

Militia Man – Dinar Guru  The Development Road Project is not stopping…Some of the largest energy companies in the world are still in Iraq.  They’re still moving forward.  They’re signing contracts.  Why would they be doing that if Iraq was never going anywhere and the dinar was a scam?  …It’s  not random activity that’s taking place.  It’s multi-track coordination…The fundamentals required for a sustainable Real Effective Exchange Rate adjustment are being strengthened in real time…

Stephen – Dinar Guru Question: “What do I do when the dinar revalues?  Where do I take my dinar?“  This person told me that I’m going to call this “1-800” number.  This person said I’m going to go to a “redemption center”, this person said I need to send my money to them so they can verify it and then they would deposit in my bank account.  I’m here to disprove all of those rumors.  Some of them are going to be known scams.  Whenever there’s large amounts of money involved, you have to be very careful and very skeptical of people’s motivations.

Mountain Goat – Dinar Guru   Article: “MINISTER OF TRADE: TALKS IN WASHINGTON FOCUSED ON PARTNERSHIP AND SUPPORTING IRAQ’S ACCESSION TO THE WORLD TRADE ORGANIZATION”  This one really got me going since we have been reading Iraq has completed all requirements for accession into the WTO, but nothing ever happens. Why? I know of an investment law that needs to be put in place and parliament intends to work on passing it during their current session.   [Post 1 of 2]

Mountain Goat – Dinar Guru  Article:  “THE PARLIAMENTARY FINANCE COMMITTEE IS DISCUSSING A NUMBER OF DRAFT LAWS” Quote:  “…The committee discussed the proposed Investment Law for 2026, and the possibility of making the necessary amendments to it…in order to contribute to providing an attractive environment for investment, maximizing non-oil revenues, and supporting the general budget.”  Can you say RV, can you say WTO? WOW!   [Post 2 of 2]

Jeff – Dinar guru   You can’t call banks and ask about the dinar.  They’re told to decline you and push you away.  They don’t exchange the currency.  You can only call banks and ask about foreign currency not Iraqi dinar.

Kaperoni – Dinar Guru  Article:  “US Treasury signals years-long plan to rebuild Iraq banking sector“

Militia Man – Dinar Guru   The dinar is going to be a commercially traded foreign currency for other countries…Chase Bank quietly shifts long-standing scam stance on the dinar.

Stephen – Dinar Guru  It comes down to one term, follow the money.  All of these big players, why do you think they’re putting billions and trillions of dollars over the long run into the country of Iraq? ...Zaidi is saying Iraq is open for business.

Jeff – Dinar Guru   MOUs…Last week they were in DC…as of yesterday that was $200 billion in new revenue coming in to Iraq.  Today they signed MOUs with Iran.  Next week they’re signing MOUs with Turkey…Iraq needs to know all of their expenses and revenue streams to correctly draft their budgets…Why the hell hasn’t the rate changed, why the cabinet hasn’t been completed?  They have to know all of their money figures before they can revalue.  The cabinet completion is the lynch pin to the rate change…Those two are almost one in the same.

Mountain Goat – Dinar Guru   Is the Oil and Gas Law passed? I am a bit disappointed with the first two sessions of parliament under this new administration. During the election cycle we read multiple articles on how they would put a ‘high priority’ on the Oil and Gas Law and other laws. Yet it has not been taken up. We need to keep a close eye on this law.

Militia Man – Dinar Guru  You see JP Morgan involved.  What are they talking about?  They’re talking about doing bank transfers.  They’re talking about opening a branch in the country of Iraq, in Baghdad.  I don’t think anybody at Chase Downtown here where I live is going to have a clue what I’m talking about…They are building the fundamentals for a sustainable Real Effective Exchange Rate…

Reset Intelligence – Dinar Guru  Why does [the Iraq dinar] sit at 1300 to the dollar?  Because 1300 was written into the 2023 budget law and frozen there.  It moves only when a seated cabinet passes a new budget with a new number.  The wealth is real.  The low rate political leftover or program rate…Clean the government.  Seat the cabinet. Pass the budget and the number the CBI finally announces can answer to the $16 trillion underneath it.

Mountain Goat – Dinar Guru  …what took place during these meetings with the Iraqi delegation to Washington and how this could all lead to the Reinstatement…is looking very promising… If all of these headlines hold to true, I can not see how we can not see something significant with the dinar in the very near future. I am talking about a reinstatement and what we all want.