Iraqi Dinar Guru Updates, Investment, News, Opinions, and Intel (12-8-2023) (2024)

These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinions

According to Newshound Guru Pimpy :

“I’ve heard Sudani and a couple of other people say that the dinar will be worth more than the US dollar. But you can’t just snap your fingers and make it happen. Changing the exchange rate can have serious repercussions and could crash the economy. That’s why it needs to be done in increments. It won’t happen overnight. As much as I’d love to be wrong and admit it in a video, that’s just not realistic. We’ll see the value of the dinar increase in increments.”

According to Iraqi DinarIntel Guru MarkZ :

I’m sorry, but the given text is quite unclear and lacks context. It seems to be related to a specific topic that I am not familiar with. Without proper context, it is difficult for me to accurately rewrite it. Could you please provide me with some more information or clarify what the text is about?

According to Newshound Guru Clare :

The World Gold Council has recently revealed that Iraq, along with four other Arab countries, have a total of more than one million tons of gold reserves. As per the report, Iraq ranks 30th globally out of 100 countries listed in the table of countries with the largest gold reserves. Iraq’s gold possessions have not increased since May, and it currently holds 132.7 tons of gold, which is equivalent to 7.7% of its other reserves.

According to Iraqi DinarNewshound/Intel Guru Walkingstick :

My contact from an Iraqi bank reported that people keep asking the same questions repeatedly. The most common questions are “When will it happen?” and “How much will it be worth?” However, during a recent meeting, it was agreed that the banks will not receive this information yet, not even the top-level executives. The banks are only saying that it will happen “in the very near future.” The reason behind these questions is that the monetary reform is no longer a secret and it has been successful so far.[Post 2 of 2]

According to Newshound/Intel Guru Walkingstick :

A friend from an Iraqi bank updated us on their recent meetings with the Central Bank of Iraq (CBI). They have learned about the next steps in the monetary reform process. During the meeting, they also discussed how many people in Iraq are now coming into the banks and asking questions about the process. The banks have been given permission to explain it to the citizens as they ask. One of the most common questions is whether they will receive a new currency. The answer is yes. They will also see an increase in purchasing power with the new currency, and there will be a change in the exchange rate. This is why the dollar is being removed. [Post 1 of 2….stay tuned]

According to Iraqi DinarIntel GuruFrank26 :

“The future of Iraq is currently being discussed at a conference table in Dubai,” a community member commented. “You can believe it because it cannot get any more straightforward or evident.”

According to Intel Guru MarkZ :

According to Frank26, it’s been reported that the exchange rate of the Iraqi Dinar (IQD) has reached parity with the US Dollar (USD) in some parts of Iraq. Additionally, MarkZ has stated that the IQD to USD exchange rate is expected to rise further. Although the exact timing is not known, it is believed that Iraq is looking to completely de-dollarize its economy by January 1st. Interestingly, the IMF accidentally revealed that a dinar revaluation is imminent and that Iraq will soon become a significant importer of goods. It seems that this long-awaited revaluation is very close to happening.

According to Iraqi DinarNewshound Guru Militia Man :

In the article, the focus is on supporting the Iraqi dinar and making it the primary currency for trade in the country. They are emphasizing that the dinar will be the gateway for conducting business in Iraq, rather than using other currencies like the Euro or any others.

According to Guru Nader From The Mid East :

“They are starting to prepare people to use only the dinar and they have started advertising it as education, but I consider it as just a promotional campaign. Things seem to be going well and the exchange rate is around 1 to 1. You can check out the Iraqi dinar advertisem*nt video below Guru Frank26’s post.”

According to Iraqi DinarNewshound/Intel Guru Mnt Goat :

“I can hardly believe all the good news coming from Iraq. Although the RV hasn’t happened yet, I am convinced that it is coming and nothing can stop it. It’s like a loaded freight train that’s coming down the tracks at full speed.”

According to Intel/Newshound Guru Frank26 :

I can help you rewrite the text you provided to make it clearer. Here’s my version:”Firefly” shares a video with “Frank” regarding the Iraqi dinar. The video talks about how the dinar is about to become stronger and features a commercial that highlights the currency’s current strength and its potential for growth. According to Frank, this is part of an educational effort to inform Iraqi citizens about the upcoming monetary reform that will add value to their currency.

According to Iraqi DinarIntel Guru MarkZ :

A friend of mine who holds dinars in New Brunswick, Canada, walked into a Scotia bank and asked the manager if they were Basel 3 and ISO compliant. The manager replied that they were indeed compliant. The friend then asked the manager if he knew anything about the upcoming currency exchange/RV, since he was a dinar holder. The manager revealed that his staff is trained and ready for it, and they are just waiting for the word. So it seems there is a bank manager in Scotia who is aware of the RV, and his staff is prepared for it.

Iraqi Dinar Guru Updates, Investment, News, Opinions, and Intel (12-8-2023) (2024)

FAQs

What is the future prediction for Iraqi dinar in 2024? ›

Will Iraqi Dinar get stronger against US Dollar in 2024? Iraqi Dinar is expected to rise by 0.61% against the US Dollar by the end of 2024, as the USD/IQD rate is expected to reach IQD 1,316.94.

Has the dinar revalued yet? ›

The revaluation of the Iraqi dinar in 2023 happened on February 7. The revaluation was approved by the Iraqi Government based on recommendations from the Central Bank of Iraq in order to strengthen the Iraqi dinar against the US dollar.

What is the forecast for Iraqi dinar to USD? ›

The IQD to USD exchange rate is forecasted to decrease by -0.05% in the next 24 hours, dropping from the current rate of $ 0.000764 to $ 0.000764. Currently, the sentiment in the IQD/USD market is estimated to be bullish. Disclaimer: This is not investment advice.

Which American banks exchange Iraqi dinar? ›

Several U.S. based banks have exchanged dinar over the years, Citi, HSBC, Bank America, First Third, they all exchanged U.S. dollar for Iraqi dinar over the years, so check with them first, secondly, you can easily exchange on eBay.

Is dinar expected to go up? ›

Although it is possible that the dinar could rise in the distant future, there are many other investments with lower risks and higher rewards. When Iraq's very survival is at stake, currency revaluation is unlikely to be on the agenda.

Is it smart to invest in Iraqi Dinar? ›

Buying the Iraqi Dinar as an investment is extremely risky and should be avoided. There is a high degree of uncertainty when it comes to the future development of Iraq, and the Iraqi Dinar has very poor liquidity.

What happens when a currency is revalued? ›

Devaluation, the deliberate downward adjustment in the official exchange rate, reduces the currency's value; in contrast, a revaluation is an upward change in the currency's value. A key effect of devaluation is that it makes the domestic currency cheaper relative to other currencies.

How much is $100 US in Iraq? ›

131,000.00000

Can I exchange my Iraqi dinars? ›

The best place to sell Iraqi dinars for USD is through a reputable online currency exchange service. These services typically offer the best exchange rates and the most convenient way to sell your currency.

How much is $1000 USD in Iraqi Dinar? ›

1,310,000.00000

Why is dinar more valuable than dollar? ›

The world's strongest currency is the Kuwait dinar. Its high value comes from Kuwait's booming oil industry, which accounts for 80% of the country's exports. It is also the highest valued currency pegged to the US dollar.

What is the new Iraqi exchange rate? ›

Live rate: 1 USD = 1309.3000 IQD ( -0.05% )

Can I transfer money from Iraq to USA? ›

Choose ATLMoney for your money transfer needs from the Iraq to United States and enjoy a reliable, cost-effective, and efficient service. With ATLMoney, your funds will reach your loved ones in United States securely and promptly.

Has the Iraqi dinar gone international? ›

The Iraqi dinar is an official national currency and used only in Iraq.

How much is 100 dollar in Iraqi Dinar new? ›

Download Our Currency Converter App
Conversion rates US Dollar / Iraqi Dinar
100 USD131,000.00000 IQD
250 USD327,500.00000 IQD
500 USD655,000.00000 IQD
1000 USD1,310,000.00000 IQD
8 more rows

What is the highest Iraqi Dinar? ›

ActualPreviousHighest
1309.321310.061460.00

How much Iraqi Dinar is in circulation? ›

Money Supply M0 in Iraq averaged 63144.35 IQD Billion from 2004 until 2024, reaching an all time high of 165612.00 IQD Billion in December of 2023 and a record low of 7148.00 IQD Billion in January of 2004. source: Central Bank of Iraq.

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