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And The Dinar Guru Predicts...

The World's Largest & Most Trusted Archive of All Your Favorite Guru Predictions From Around the Web Since 2010...Millionday, Pimpy, Kaperoni, Jeff, Breitling, Poppy3, OkieOilMan, Frank26, Mnt Goat, Enorrste, BGG, Militia Man, Mailman17 and all the others...Join over 101,634 of the sharpest, most savvy and informed members and growing!

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Dinar Guru Resources:

New York Time
Baghdad Time
New to the Iraqi Dinar? Start Here: Biggest Dinar Myths & Secrets Exposed
( Updated: )

Official Central Bank of Iraq (CBI) Dinar Rate:


1310 IQD to 1 USD


Dinar Market Rate:

(CBI last reported for August-2021)

1475.14 IQD to 1 USD

- Rates Are Within IMF 2% Rule: YES
Started June 16, 2021

- Are Rates IMF 2% Rule Compliant for 90 Days: NO

(maintained market rate: Mar. 15, 2018 to 4-20-2020 | 12-20-2020 to 5-26-21 | 6-16-2021 to present)

(NOTE: rates were out of compliance for 3 days starting 11-5-2019 & 2 days starting 1-7-2020 and from 4-21 to 12-19-2020 |From 5-26-21 to 6-16-21)

NOTE: Stopped daily market rate reporting on 8-11-2021. Began monthly reporting
Dinar Guru "RV" Meters
( Updated: )
Dinar Gurus who feel Dinar will RV within days...
26%
Dinar Gurus who feel the Dinar will NOT "Change" until certain "things" are accomplished...
74%

Dinar Gurus who feel the Dinar will FLOAT "slowly" upward instead of RV...
37%
Dinar Gurus' Official Master List of Possible Major " To Do's ":
  1. Moved to IMF Article VIII
  2. HCL passed/imp. [Temp 11/2014] [agreed in spirit 12-2014]
  3. Erbil Agreement Impl.
  4. Election Law (DONE! 12/2013 | Amend Dec 2019)
  5. UNSC Chapter 7 (Done?? summer-2013/ Dec/2017 moved to ch VI?? June-2018 Resolution 1487: CBI released from Sanction list. Voted 2-22-2022 Resolution 2621)
  6. UNSC Chapter 6 (began 12/2017 ?)
  7. Article 140 impl. (Supreme Court Support 5/2018 - must impl.) (8/2019 Federal Court clarifies constitutional force)
  8. Economic/Banking laws passed (more needed)(12-2017)
  9. Investment laws (Voted! 10/2015 Printed 1/2016)
  10. Power Sharing (Done!! 10/2014)
  11. Internationally accepted Dinar
  12. GOI Seated (10/2014) [Done - Fully seated 6-6-2020]
  13. Tariff Law (partial)
  14. CBI & Market rate within 2%-90 days (start ~Mar. 15 2018? Nation wide start ~Nov. 2018)
  15. E.O 13303 (Done 12/2017)
  16. Law of Financial Administration/Financial Management Law (First vote May 2019) | Amend Dec. 2019
  17. CBI Auctions Stopped (partly Done - June 2020?)

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3-20-2023   Intel Guru MarkZ   [via PDK]   We do have some news coming out of Iraq. “The Central bank of Iraq is preparing a lending strategy and recommends a plan to attract deposits”  Why is this important? Because you have to have a workable currency to be loaning money…right? Not a currency that is worthless.

3-20-2023   Guru Nader From The Mid East
  "Fifth Baghdad International Dialogue Conference -US Ambassador...Iraq can reach energy  self-sufficiency in 10 years.  Some say in less time...approximately half of Iraq's population is under 20...they want the skills necessary to compete in an increasingly connected global economy...they want a strong economy including a vibrant private sector that produces jobs...The United States is committed to help Iraq build its economic foundation..."

3-20-2023   Newshound Guru Sandy Ingram  A Republican Senator or Representative has introduced a bill in congress to get rid of the Income tax and possibly the IRS.  This could mean NO taxes on our exchange.  There's a long road before any of this could happen...

3-20-2023   Newshound Guru Clare  Article:  "Al-Sudani: We look forward to transforming Iraq into a center for world trade through the Al-Faw port project"  Quote:  "..transforming Iraq into a center for global trade between Asia and Europe through the great port of Faw project and everything related to it." economic zones, residential communities and tourist attractions.  We look forward from this giant project, which will extend over an area of ​​more than 20 square miles, to open the way for an economic boom for Iraq,"

3-20-2023  Intel Guru Frank26  The lower denoms and the new exchange rate have to coincide together.  IMO the lower denominations is the most important thing for us right now...because you cannot be given the lower denoms the way you're being given the budget.  The budget can be foretold but the new small category notes...are the trigger for...everything...the lower denoms will never come out without the new exchange rate.

3-20-2023  Newshound Guru Militia Man  Quote:  'The finance committee and the Iraqi parliament calls on the central bank to reintroduce the metal currency.'   This was on the 17th - reintroduce metal currency.  Why would you reintroduce metal currency if in fact you're going to come out as they state in the budget - 1300?  Sounds to me from what we've read in the article...they have a caveat that they can amend the budget at any time... Quote:  "small coins facilitate many daily banking transactions as the use of metal denominations and their circulation will give currency a legal value."  So not only do they have value but it's legal...  [Post 2 of 2]

3-20-2023   Newshound Guru Militia Man   They spent somewhere around $49,429,000 in 2018...on currency issuance.  That would be for the new small category notes and potentially the fils, which are coins...March 17th there was the article that came out about the coins.  It also spoke about the deletion of the zeros.  Those 2 things go hand in hand.  Quote: "the central bank is the only one responsible for supplying the currency, bank notes and coins to the country of Iraq."  That's the central bank's job.  They did that in 2018...we know they did issue currency to the tune of about just under $50 million worth and they did it for a reason. [Post 1 of 2....stay tuned]

3-20-2023   Intel Guru MarkZ   [via PDK]  It is looking like a great week. They are being forced into a corner where they don’t have a choice. One of the...big pieces of news coming out of Iraq is about coins and how they will be “immediately“ usable. The first story broke late Thursday into Friday. Then rumors and more confirmations over the weekend...  Currently the $50 dinar note is only worth .4 cents or so.  A coin is only worth a fraction of a single dinar. This would make no sense. But we have had some clear indicators out of Iraq that    1. The rate in the budget is now changeable. And 2. Coins can be used immediately to support the lower denominations. This is really important. Denominations of their coins is similar to our coins in Iraq...them being able to use coins is huge.

3-20-2023   Newshound Guru Pimpy  Article:  "Iraq Must Not Squander Another Opportunity to Rebuild"  It's the 20th anniversary of our attack on Iraq...20 years since the start of the war, since Iraq has been "liberated"...I like to believe this time around things are going to be different.  I'm not happy about what happened with Sadr bailing out and allowing the coordinated framework to be there but so far the coordinated framework appeared to be doing all the right things.  Let's hope they stay down that path - not for their own sake but for the sake of the Iraqi people...

3-20-2023  Intel Guru Frank26  It is my opinion you will see an exchange rate about a week before April 1st.  Why would I have have such an opinion?  You don't have the budget.  You don't have the exchange rate.  But once you have the exchange rate you can have anything you want in that budget. Do you have the budget?  No.  Did they tell you it's coming?  Yes.  For 3 years.  Did they give you the rate for the budget?  No.

Get caught up on last night's updates below and if you are not a dinarguru.com alert list yet now is a great time to do it...It's free as always and only takes a sec...If you invested in the dinar and spend time on the site you don't want to miss something very important because you're not on the list.  Click here to get on the list now.
3-19-2023  Salesperson-Superstar Wanted  Extremely lucrative, fun & professionally rewarding for the right person.  Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps.  Flexible hours.  Existing relationships with small businesses a plus…passion and great attitude a must.   Apply here >> 

3-19-2023   Guru Nader From The Mid East  I'm surprised the rate didn't have changed yet too. A lot of friends of mine they're surprised.  We see.  Monday is the 20th anniversary of Iraq.  We'll see what's going on...

3-19-2023   Intel Guru Frank26   Question:  "Will there be taxes on our exchange?"  Yeah. Please don't present this is not a capital gain tax...on what planet did you ever not pay taxes for anything? ...you pay taxes for everything...Be around so that you can pay taxes... [Note:  Different Gurus have differing views on tax obligations of exchanging IQD.  Consult your tax professionals at the appropriate time to determine the taxes for your unique circumstances.]

3-19-2023  Did you get your ERC grant money yet?  The average grant is $110,000 to $270,000. No strings attached free money.  This is for covid disruptions.   80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify!  Time is of the essence.  Click here to learn more >>

3-19-2023   Newshound Guru Militia  Man  Because they're going to try and facilitate the transfer of monies in international trade in foreign currencies ... with the Iraqi dinar.  As far as I can tell that happened...I think we can take it seriously that something's really up...the migration of the ISO-20022 is an international payment transaction system starts the 18th to 19th.  The data is out there.  It's not something they're gonna not do...as of yesterday they're basically stating that they have no delays and they're going to migrate... [Post 2 of 2]

3-19-2023   Newshound Guru Militia Man   [CBI governor Alaq talking about Iraqi dinar becoming a major currency]  The central bank is trying to reevaluate all monetary policies and to control the dollar in the parallel market expanding the circle of direct dealings in international currencies.  That was back in February...they were including...yuan...euro... yen...and dollar...Why is that important?  [Post 1 of 2....stay tuned]

3-19-2023   Guest Guru GameofPatience  the budget is waiting on the rate.  Kuwait changed their rate on 3/24/91, this year that would be the weekend of 3-25/26.  Iraq and Kuwait have the same budget periods April - March.

3-19-2023   Guest Guru BobTheTaxMan  We as private holders of this currency were considered speculators anticipating gains from this revaluation ...This is not tradable on the Forex.  It's not even usable here in the United States...for us [In the United States] we're just holders.  That's part of the reason why it's being treated as an ordinary income instead of a long-term capital gains.  [NOTE - Consult your financial and tax professionals at the appropriate time to determine the right taxes for your unique situation and circumstances.]

3-19-2023   Intel Guru MarkZ   [via PDK]   Now this is important: Coming out of state.gov.   www.state.gov/report/custom/6fbb1fb8fe-5/   Under the section titled “Foreign Exchange and Remittance”... Section 6/paragraph  2...    It states:  The currency of Iraq is the dinar. Here is the important part.  “There are no taxes or subsidies on the purchase or sales of foreign exchange” Now this is about Iraq and treaties with IQD and the US …so we don’t know for sure on other currencies. But the US government is clear on this one. No Taxes on exchanging IQD.   [Note:  It is unclear if this document is referring to bank business or individual investors or both.  Consult tax professionals at the appropriate time to determine the taxes for your unique situation.]

3-19-2023   Intel Guru Frank26  Article: "Why does not Iraq re-adopt the coin?"  Quote:   "The Central Bank is the only one responsible for supplying the country with its banknotes and coins, while Iraq stopped its dealings with "coin" years ago, despite the continuation of its work after 2003."  THE MONETARY REFORM EDUCATION IS REACHING ALL THE LEVELS... WHY TEACH ABOUT THE COINS?  BECAUSE THEY ARE NOW COMING OUT WITH THE NSCN's. BY THE WAY THIS IS NOT A QUESTION THIS IS MONETARY REFORM EDUCATION.

3-19-2023   Guru Nader From The Mid East  The budget says about the exchange rate...1300.  It didn't say 1310, 1320... Article... said the exchange rate in the budget is 1300.  I was surprised the budget has a rate in it in the first place.  The second thing, the very good news...they made it open.  They can exchange the rate anytime they want.  Why they did that?  For a reason...that means 1300 is not fixed for the next 3 years. 

3-19-2023   Newshound Guru Clare  Article: "Shafak News publishes the draft budget law for Iraq for three years"  Quote:  "News Agency publishes the draft state budget law for the years 2023, 2024, 2025 sent by the Iraqi government to Parliament."

3-19-2023   Intel Guru Frank26  [Iraq boots-on-the-ground report]  FIREFLY:   They have opened 6 new branches in and around Baghdad.  They are telling us these 6 new branches...are being set up to help collect the citizens depositing dinars.  They are calling it the 2nd phase to get dinars deposited... FRANK:  The CBI is setting up these large depositing areas where the Iraqi citizen can go convert his 3-zero notes into the new small category notes...The CBI is super eager to collect as many 3-zero notes as possible back.  It's brilliant.  

3-19-2023   Intel Guru MarkZ   [via PDK]  ...The news is coming straight out of Iraq. Talking about coinage.  Pay attention:  “Economists believe that coins facilitate many of the daily banking transactions The Central Bank is the only one responsible for supplying the country with its banknotes and coins, while Iraq stopped its dealings with "coin" years ago, despite the continuation of its work after 2003.”  What is important is “the discussion returned in economic circles about the reasons why Iraq did not resort to issuing coins with the aim of restoring the value of the small currency, which has become worthless in daily transactions."  They are talking about re-introducing the coins. And restoring the value of the small denomination currency. Why would they need coins and small denominations if they weren’t going to increase the value… Fantastic news, putting out coins…restoring coins…restoring the value of the coins…this is a huge one!!!
Get caught up on past updates below and if you are not a dinarguru.com alert list yet now is a great time to do it...It's free as always and only takes a sec...If you invested in the dinar and spend time on the site you don't want to miss something very important because you're not on the list.  Click here to get on the list now.
3-18-2023  Salesperson-Superstar Wanted  Extremely lucrative, fun & professionally rewarding for the right person.  Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps.  Flexible hours.  Existing relationships with small businesses a plus…passion and great attitude a must.   Apply here >> 

3-18-2023   Intel Guru Frank26  Question "With the banks having a shortage of cash should we give them a heads up that we'll be coming in and the amount exchanging?"  Oh, yeah...you're going to need an entourage.  You need a team.  You don't want to walk in there by yourself...I will tell them I want $100,000 in cash by next Thursday.  It will be there.  It may take 2 weeks.  It may take a while but they will deliver you the money...you've got to order the amount of cash you want...you need your CPA...book keeper...tax consultant...tax lawyer who can answer all these questions for you.

3-18-2023   Newshound Guru Pimpy  I get a lot of people saying, 'How come Iraq's currency is not the same as Kuwait?' It's not that simple.  At one time it was very close to the same exchange rate as the Kuwait dinar...but things have changed since then...That doesn't mean it can't get there again.  It can.  But there's a lot of hurdles that need to be crossed...I don't think they're going to get there anytime real soon.  But you will see the dinar start to go up in increments as they get their ducks in a row. It seems this administration is doing everything they can as quickly as possible to reach that level so you never know.  We'll see where Iraq ends up...

3-18-2023  Did you get your ERC grant money yet?  The average grant is $110,000 to $270,000. No strings attached free money.  This is for covid disruptions.   80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify!  Time is of the essence.  Click here to learn more >>

3-18-2023  Newshound Guru Clare  Article "The industry opens a new window on the Arab markets for the export of aluminum sheets" Quote "The Ur State Company of the Ministry of Industry and Minerals opened, on Tuesday, a new window on the Arab markets...strengthening the economic partnership between Iraq and its Arab surroundings, pointing out that the company opened the first line to export its products through the markets of Syria and Lebanon"

3-18-2023  Newshound Guru Sandy Ingram   Before 1935 what was Iran called?  The answer is Persia...This may be a deep-rooted reason why Iran keeps harboring over Iraq like a lost child over and above the monetary reasons...if you look at the map...Persia included the land that is now occupied by Iran and Iraq...Iran took over the country of Persia's name in 1935 but that does not change the DNA of the Iraqi or Iranian people...

3-18-2023   Intel Guru Frank26   The rate and the budget that's a 'Line Item'.  It's in the budget.  I don't care if it's 1300.  I don't care if it's 1 to 1.  Just give me the budget because the budget is waiting for the exchange rate.  I said April 1st budget exposed...everything waits for the exchange rate.  You want the new budget on April 1st?

3-18-2023   Intel Guru yada   ...the activation of their debit, credit, and prepaid cards on Sunday so they can buy and sell internationally, would have to include a valid rate, not a program rate of 1300 to 1.  Believe the float will begin and we will have to option to exchange some at the low rate or wait. Mainly, the release is upon us.  I'm also of the mind since, "All Boats Rise With The Tide", we may see a slight increase in the dong also.

3-18-2023   Intel Guru MarkZ   [via PDK]  A lot of news coming out of Iraq over the last 24 hours….  I mean a lot of fun stuff coming out of the Iraqi news. “Al Sudani advisor: The Baghdad and Erbil agreement is one of the achievements of the federal government”  Money has already started moving. Its not 100% tightened up until they finish voting on it. But they have agreed to and implementing their programs and the regions revenues into one central account.  I was told this one would be a big one and we are watching it.

3-18-2023   Newshound Guru Pimpy  Article:  "The Iraq parliament begins discussing the budget law"  According to their constitution they have 30 days to review this particular law...This is unique...the fact Iraq is going ahead and passing a three-year budget...I think this is a smart move.  I love the fact it's also open for amendments if necessary.

3-18-2023   Intel Guru Frank26  [Iraq boots-on-the-ground report]  FIREFLY:   Bank friend says he thinks the rate and budget are tied together in a really nice package with the new rate.  But the rate can come anytime.  FRANK:  What does the budget wait for?  The rate.  What do we have...?  The budget.  Therefore normal logic you're now going to see the rate.  I told you it doesn't matter if it comes out at 1300 or whatever that's not the point.  The point is they are preparing the currency to float...they are moving in the direction of a float.  Your internal float is almost done.

3-18-2023   Newshound/Intel Guru Mnt Goat  ...the Governor of the Central Bank, Ali Al-Alaq, set the objectives of monetary policy in Iraq, pointing out that he would take the necessary legal steps within the framework of the dinar being a major currency prevailing in the market in cooperation with the government. This was music to the ears…Alaq goes on with better news and I quote from the article...“the currency is a symbol of sovereignty and a title for the country, and abandoning it is tantamount to lowering the flag”. Oh my gosh! This patriotism and loyalty to Iraq is what Alaq really brings to his job and the Iraqi people...this is how we are going to get the reinstatement….  He has the brains to do it but also the willingness to do it...

3-18-2023   Intel Guru MarkZ   [via PDK]   Member Question:  What will redemption centers look like?  MarkZ Answer:  The term “redemption center” may be a little off.  They are mainly different banks and banking facilities that are set up and will have equipment and trained personnel for exchanging foreign currency.  It may just be a bank branch with extra offices in your area. Some may be full blown centers in areas with many foreign currency holders. They have a good idea on demographics from who has bought what in areas...

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