Iraqi Dinar Guru Updates, Investment, News, Opinions, and Intel (08-27-2024) (2024)

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

According to Iraqi Dinar Newshound/Intel Guru Fnu Lnu:

The lunatics are emerging from the shadows as the RV gets closer.To begin with, the redemption centers and the banks are the same. They are only off-site because of a predicted rise in traffic. They are not distinct entities. Second, “The Law of One Price” asserts that an item cannot be offered for sale at a different price in two separate marketplaces. Put otherwise, you cannot expect the “redemption Centers” (banks) to provide you with an exchange rate that is three times higher than what the “Banks” do. ILLEGAL IS IT! Wherever you travel, the rate will always be the same. The proportion of the charge is the only variable that might change. The standard charge is 2%, however there are exceptions to this rule.

According to Newshound Guru Breitling:

I went from I put stock in this 100 percent to I’m going back and forth. I still think it will happen, but these people need to be careful because we won’t mess around. Do you realize how significant these moves we’ve made are? …We’re monetarily containing our foes in the Center East and putting forth a valiant effort to assist our companions with thriving in a similar locale. That is an intense juggle…We will punish Iraq…I haven’t escaped at this point…

According to Iraqi Dinar Newshound Guru Militia Man:

It goes without saying that the budget will need to account for exchange rate vulnerability. Why haven’t they gone global at 1310 after all these months—eight, nine, ten, and so on? Why aren’t they listed on the Forex at 1310 so they can pay for all the structures, pavement, roads, and schools while trying to locate investors who can physically enter the market without being restricted in their ability to move capital? They will never be able to do that, in my opinion, without a Real Effective Exchange Rate.

According to Newshound/Intel Guru Walkingstick:

[Iraqi bank companion Aki update] New York is to eliminate the formality that the Assembled Countries is as yet hanging on the banks of Iraq that are not partaking in the financial change. These endorsed banks might remain authorized or be closed down totally. It truly doesn’t make any difference to the financial change process yet this is the sort of necessary thing to be finished.

According to Iraqi Dinar Intel Guru Frank26:

[Iraq boots-on-the-ground report] FIREFLY: Not seeing anything about the lower notes but…Saleh was on television discussing that it is so difficult to balance out a money expressing numerous things go into this and said the dinar is steady now and secure…He is opening up more to us on the advancement of the financial change… Forthright: They give you this money related change instruction since they are going to give you your buying influence from it. On the off chance that the buying power was not coming to you they couldn’t have ever guaranteed it to you in their talks and you wouldn’t be seeing your nation detonating how it is at the present time.

According to Iraqi Dinar Intel Guru RayRen98:

MORE US BANK Staff members ARE Detailing Marking “NDA’S” ARE Shutting up… ANOTHER Territory HAS BEEN Accounted for HAVING “LOWER DENOMS” BEING Appropriated IN SOME Way, Anticipating FURTHER Total Subtleties, IF ANY….IF Everything that THEY’RE Saying to ME IS TRUE…SOME OF YOU Will Fall asleep Rich $$$$$$…IT’S YOUR SEASON….TO BE Honored!!

According to Iraqi Dinar Newshound Guru Militia Man:

Article “Iraq is the ninth biggest purchaser of gold in 2024” Assuming they mauled back sufficient cash to assist with purchasing 100 tons of gold, man, there’s been some weighty, weighty defilement. I’m accepting their new pay from non-oil incomes has had something to do with it also.

According to Iraqi Dinar Intel Guru MarkZ:

[via PDK] I’ve heard that all we need to do is wait for the light to go out. This week is going to be incredible, and tremendous things are in store.Though there are rumors circulating around, even among the groupings, significant news is hard to come by. There are many stories regarding the urgency of this issue, originating from the group leaders. including the reports that funds have been allocated and that smaller organizations would begin working with them as soon as today.However, as of right now, they are simply rumors until we can confirm them.Before we become very thrilled, we shall wait and see what transpires. It’s clear that things are becoming hotter.

According to Newshound Guru Samson:

Article: ” ‘ Burglary of the Century’ Attracts Straightforwardness Global to Baghdad”

According to Iraqi Dinar Intel Guru Frank26:

The piece: “Is Iraq headed toward printing new currency?” We were informed by an executive level representative of Iraqi Bank to ignore this information. Nothing about it makes sense.We printed the lower notes at a cost of more than $50 million. We’re not going to print. A nation with strong inflation adds additional zeros to its currency and prints more of it. At most, our inflation rate is one percent. The lower notes are the money we have previously produced.

According to Newshound/Intel Guru Walkingstick:

[Update from Iraqi bank manager in Dearborn, Michigan] Aki talks to the CBI, and he is aware of the situation. He was exceptionally astonished we have not gotten some information about the photos that are being displayed on [Iraqi] TV of the lower notes… [We] trust Aki without question. Something comes out whenever Aki discusses something.

According to Iraqi Dinar Newshound Guru Militia Man:

In the next 24 to 48 hours, pay attention to what happens in New York City…

According to Newshound/Intel Guru Mnt Goat:

Article: ” IS Now is the ideal time TO Eliminate THE ZEROS?” Article Statement: “… with the utilization of electronic installment tasks, the climate will be full grown and adequate for carrying out the choice to erase zeros, and the cycle will be programmed without the resident inclination it.” They must first implement the digitization program in ALL banks; Iraq is optimistic about getting the electronic initiative completed sooner rather than later. The CBI wants this event to be almost transparent and smooth for citizens. The solution is digitization, which will allow them to switch out the currency almost seamlessly for citizens. They are not discussing years.

According to Iraqi Dinar Intel Guru MarkZ:

[by means of PDK] Question: couldn’t it be helpful for Iraq to revalue sooner than later particularly since what a 23 24 25 financial plan has been passed yet we’re almost into 25 and there’s nothing that is helping them? MarkZ: They should reevaluate sooner than later. I can let you know that they need to.

Iraqi Dinar Guru Updates, Investment, News, Opinions, and Intel (08-27-2024) (2024)

FAQs

Is the Iraqi dinar ready to revalue? ›

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.

What is the prediction for the Iraqi dinar? ›

The Iraqi Dinar is expected to trade at 1311.93 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 1317.82 in 12 months time.

Does Chase Bank buy Iraqi dinar? ›

Major banks do not offer trade-in Iraqi dinars. IQD is only available for purchase or sale by selected brokers or money exchangers, who may or may not be legally authorized. As mentioned, the brokers or money exchangers typically charge a fee of 30% or more over and above the authorized exchange rate.

What's happening with the dinar? ›

ERBIL, Kurdistan Region - The head of the Iraqi central bank on Sunday announced that all transactions inside the country will only be made using the Iraqi dinar in 2024, as the value of the currency against the US dollars continues to be much lower than the one set in the federal budget.

How much is 100 dollar in iraqi dinar new? ›

Convert US Dollar to Iraqi Dinar
USDIQD
100 USD130,944 IQD
500 USD654,721 IQD
1,000 USD1,309,440 IQD
5,000 USD6,547,210 IQD
6 more rows

How much is $1000 USD in Iraqi dinar? ›

Download Our Currency Converter App
Conversion rates US Dollar / Iraqi Dinar
1000 USD1,310,000.00000 IQD
2000 USD2,620,000.00000 IQD
5000 USD6,550,000.00000 IQD
10000 USD13,100,000.00000 IQD
8 more rows

Is it smart to invest in Iraqi dinar? ›

Buying Iraqi dinar means you run the risk that the Iraqi government could devalue its currency or change to a new form of paper money, said Boris Schlossberg, of the currency trading firm GFT.

What is the value of an Iraqi dinar to a US dollar today? ›

1 IQD = 0.000762 USD Aug 30, 2024 05:00 UTC

Check the currency rates against all the world currencies here. The currency converter below is easy to use and the currency rates are updated frequently.

How much is $500 dollars in Iraqi dinar? ›

Download Our Currency Converter App
Conversion rates US Dollar / Iraqi Dinar
500 USD655,000.00000 IQD
1000 USD1,310,000.00000 IQD
2000 USD2,620,000.00000 IQD
5000 USD6,550,000.00000 IQD
8 more rows

Does Wells Fargo buy Iraqi dinar? ›

Expand. No, Wells Fargo does not buy or sell Iraqi dinar, Vietnam dong, or Zimbabwe dollar. Go to our rates page https://www.wellsfargo.com/foreign-exchange/currency-rates/ for a complete list of foreign currencies available.

Does Bank of America buy Iraqi dinar? ›

Bank of America, N.A. does not buy or sell Iraqi dinar banknotes or Vietnamese dong banknotes, and currently has no plans to offer this service in the future.

How do I sell my Iraqi dinar in the US? ›

You can buy or sell Iraqi Dinars at competitive rates via our registered, licensed, and federally regulated currency exchange services. Easily order your Iraqi dinars or another currency via our user-friendly online platform, and enjoy the convenience of doorstep delivery within 24-48 hours.

What is the Iraqi dinar backed by? ›

The Iraqi money is backed by foreign exchange, treasury notes and precious metals such as gold. Iraq does not maintain a gold standard.

Is the dinar backed by gold? ›

Value and denomination

Per the historical law stated above, one dinar is 4.25 grams of pure gold, and a smaller denomination, the daniq, one sixth of that. Again from the law above, the dirham is 2.975 grams of pure silver. The value of each coin is according to their weight and the market value of the two metals.

How much is Iraqi dinar in circulation? ›

Iraq Money Supply M0
ActualPreviousUnit
145408.00143060.00IQD Billion

Is Iraqi dinar a closed currency? ›

You can buy Iraqi dinars in the UK, although it can be hard to find (being both a minor and closed currency.)

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