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New to the Iraqi Dinar? Start Here: Biggest Dinar Myths & Secrets Exposed
( Updated: )
Official Central Bank of Iraq (CBI) Dinar Rate:
1460 IQD to 1 USD
Dinar Market Rate:
1475.14 IQD to 1 USD
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)
Dinar Guru "RV" Meters
( Updated: )
Dinar Gurus who feel Dinar will RV within days...
Dinar Gurus who feel the Dinar will NOT "Change" until certain "things" are accomplished...
Dinar Gurus who feel the Dinar will FLOAT "slowly" upward instead of RV...
Dinar Gurus' Official Master List of Possible Major " To Do's ":
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8-7-2022 Newshound Guru Samson Article: "Sadrist's deputy submits a request to Al-Halbousi to hold an extraordinary session to dissolve parliament"
8-7-2022 Newshound Guru Militiaman IMO WE ARE ABOUT TO SEE THE $$$$ ...the process to get to the RV to start and that, at this point can take nanoseconds..
8-7-2022 Newshound Guru Tivon [Response to Humble1 below] There is no middle ground when you violate the constitution. The law [ESFL} should have never made it to the Gazette if his "argument" was legit. Mazhar Muhammad Saleh said specifically that it can't be challenged by anyone in the government because it's tied to entitlements which are connected to the constitution...The Gazette is the ground from which all laws can be proven legal/illegal simply by it being published in it or not.
8-7-2022 Intel Guru Frank26 We're going to see a new exchange rate of the currency through Kazemi's government and IMO parliament will eventually be dissolved. Just like Kuwait...dissolved their parliament for a very good reason. This will be good for Iraq... Kazemi will have a caretaker government with all the powers behind it...that dissolvement gives Kazemi majority rule. This will give Kazemi full power for two years. And that's good. No body will be able to do or say anything against him. That's a good amount of time IMO for the monetary and economic reforms.
8-7-2022 Guest Guru Humble1 I personally like the law, and until it is challenged in court it is law, and legal. No one objected because they also like the law, apparently. It may never be taken to court, who knows. But the author of the article made a legitimate argument, the law should it be brought before the court would be found to be unconstitutional ...I really hope no one does object to the law, because it is good for Iraq, and in a very round about way, good for the dinar investors like myself and others. [Post 2 of 2]
8-7-2022 Guest Guru Humble1 Article: "Is it possible to dissolve parliament ?" the EFSL - Yes it is law, but only because it has not gotten disputed and a suit filed with the courts, technically the law is unconstitutional, this article states that fact in black and white, not that I think it is, I rather like the law, as it helps Iraq, but none the less unconstitutional...the current government is the caretaker of daily affairs, and it does not have the constitutional legitimacy for that, according to Article (64-second) and according to the Federal Supreme Court’s decision No. 121 / Federal / 2022, [Post 1 of 2....stay tuned]
8-7-2022 Guru Nader From The Mid East Iran completely lost control. That's very good news. Iran lost control of Iraq and that's good news. The citizens of Iraq came out and said enough is enough.
8-7-2022 Newshound Guru Jeff Wells Fargo Private Bank - I consulted with them...this is the investment division of Well Fargo Bank...I asked him...if I had a bunch of foreign currency that revalued...because I'm allowing you to invest it would you exchange it for free? He said yes as long as you had enough money...I don't know what the minimum amount is. You have to barter with them.
8-7-2022 Newshound Guru Clare Article: "Al-Sadr: (Dissolving Parliament) has become a popular, political and elitist demand for which there is no alternative".
8-7-2022 Newshound Guru Tivon You still waiting for the government when there is a clear timeline to release the rate anyway? ...I don't care about no seated GOI. They have to release the rate regardless.
8-7-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] We are still hearing Kazemi made a big deal with the CBI and saying the dinar rate will change very soon. When? We don't know. He doesn't tell us...it sounds like they're going to float the dinar but we're not sure when.
8-7-2022 Newshound Guru Pimpy Somebody said, 'Protest aren't real...it's all fake over there. They're just doing that to throw us off.' The protests are not fake...I'm not saying governments are truthful but to say all of their news and all their views on politics is a lie? ...just go to google put in 'Iraq protest'. There's article after article after article. And it's not just from Iraq. You have the Washington Post...PBS, Jerusalem Post, ABC, Yahoo News...the news is not always BS...the protest is happening...
8-7-2022 Newshound/Intel Guru Mnt Goat I get some questions on the VND Vietnam Dong as will it also RV along with the IQD Iraqi Dinar? I will give you a short answer to this question – maybe ...the Vietnam war has been over for about 50 years and still they have their downgraded currency and larger three zero notes. Maybe it’s time to bring them to the standard of the western currency? We can see there is no hurry to change these notes, at least not what they are saying. We do also see a higher VND rate (.47 – $2.00) in the QFS staged to go at some point. So, something is up. This is a good sign.
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.
8-6-2022 Newshound Guru Pimpy I started hearing rumors of people going, 'Yeah, they changed the rate they just haven't announced it to the public yet.' I was like what the hell are you guys talking about? ...let's say for shits and giggles they went ahead and they made the change privately and then somehow got out publicly - What's to keep everybody and their mama from rushing out and buying more Iraqi dinar because they knew the rate change took place. That's why I know it's BS...it makes no sense whatsoever...
8-6-2022 Intel Guru Frank26 Will they float the dinar like the hot rumor that's out there on the internet right now? I don't know but...they had and auction last week...IMO a float cannot occur during an auction week...
8-6-2022 Newshound Guru Tivon ...You can see why some would assume there's a long way to go. Because it appears we are waiting on things being settled between what powers will run the country in "The New Government". But Al-Kazemi is in position to implement everything for the interim period as an transitional authority who will use the EFSL to enact the Oil & Gas Law sense he will have full legislative authority...The citizens do not want a "New Government". They want purchasing power.
8-6-2022 Newshound Guru Walkingstick [via Frank26] The closed door meetings with the CBI/AMF are strong sighs that the monetary reforms continues its forward progress internationally...
8-6-2022 Newshound Guru Militiaman Article "The Coordination Framework announces its support for holding early elections under conditions" Dissolution is gaining considerable popularity and there is strong demand to get the corrupt accounted for. Sadr knows that the US and others know where the money is. The Citizens know that to be true now. They told us years ago they were working to this end. And that end looks to be within days now...
8-6-2022 Intel Guru MarkZ [via PDK] We do not have to see them set the government…we just need to see them making progress so the Minister of finance and CBI have the confidence to move forward. That’s why all the meetings in the last 36 hours are so important...the conversation on the streets is about the rate change and there is more talk from Kazemi and friends regarding the change of that rate. So I do believe we are right here at the cusp of this thing happening. We are pushing toward the finish line...We are measurably closer then we have ever been in this journey. [post 2 of 2]
8-6-2022 Intel Guru MarkZ [via PDK] From Iraq: “Al-Amiri waits...and the leaders of the movement: There is no meeting until after these conditions” the important part in this article is they are meeting around the clock now….the leaders are meeting at their own homes to pound this out. I think that is pretty important. Even more important…and my finance minister contacts have been telling me this as well from the last few months…. [Guru] Mt. Goat picked up on this as well... [reference Mnt Goat post below] [post 1 of 2....stay tuned]
8-6-2022 Newshound Guru Samson Article: "The Central Bank of Iraq is the first in the world to buy gold in 2022" Quote: "The Iraqi Bank bought 34 tons of gold. This is the first increase in gold reserves by the Central Bank of Iraq since it purchased 7 tons in 2018. The Bank of Iraq now owns 130 tons of gold"
8-6-2022 Newshound Guru Pimpy A video [was released] in which somebody was talking about the rate change to the Iraqi dinar...there's a lot of suckers...they jump the gun way too quick. Nobody ever said that the rate change took place. What they said is there's talk of a rate change...that you should start to see the value of the Iraqi dinar increase and I agree full heartedly...
8-6-2022 Intel Guru Frank26 IMO the IMF gave them certain criteria to accomplish in the month of July and they did...From July 31st to the end of this month I'm looking for what these [recently released dinar] videos are talking about. I'm looking for a new exchange rate and a reinstituted currency in the country of Iraq...
8-6-2022 Newshound/Intel Guru Mnt Goat Article: "ECONOMICALLY AND PARLIAMENTARIAN” ..THE LAW: THE EXCHANGE RATE OF THE DOLLAR WILL SEE THE LIGHT IN THE NEXT STAGE" Quote: "State of Law Representative Jassem al-Moussawi confirmed...Wednesday, that the chances of the coordination framework within the parliament have become very strong, and this qualifies him to change the exchange rate of the Iraqi dinar against the US dollar," No! It does not qualify parliament to change the exchange rate. We have gotten multiple articles from the CBI and Finance Committee that they alone have the power to change the exchange rate. Now having said this parliament can surely put pressure on them to act but have control of parliament does not “qualify them to do anything when it comes to currency reform”.
8-6-2022 Intel Guru MarkZ [via PDK] [...Iraq has a lot of big contracts to pay by August 15th…one is a huge oil contract to France for 27 billion…so I am thinking it will go by then. ] Yes from what I am being told…i believe it also needs to be done by the 15th of August...I hope and pray I am not wrong unless it’s much sooner.