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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:1310 IQD to 1 USD Dinar Market Rate:1475.14 IQD to 1 USD - 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 Unknown date) 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 ":
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12-5-2023 Newshound/Intel Guru Mnt Goat The [CBI] contact...told me that the rate is going to change very soon but not backwards only forwards, meaning to go up in value and not down. I was also told that as an investor we will like the final rate. Again, it was emphasized to me that there would first be an in-country rate (close to USD 1 to IQD 1) during the swap-out in Iraq of the three zero notes and then later a new rate once the dinar is liberated back to the foreign currency exchanges and re-pegged. At this point the in-country rate goes away. There will NEVER be two rates...They wanted to make this point very clear to me that this is the process. When the in-country rate comes out there is little we, as investors, can do to exchange and our turn-out will come later, if we so choose to give up our dinars.
12-4-2023 Intel Guru RayRen98 GOOD SOURCES INFORM THAT THEY ARE ATTEMPTING TO PUSH IT ON OUT TONIGHT...INTO THE MORNING. 12-4-2023 Newshound Guru Pimpy Question: "Are there steps Iraq can take to have the $3.22 rate reinstated?" Yes. I'm not saying that they can do it...I'm not saying it's not going to increase in value, I'm saying it's just not going to happen overnight. We're going to see it continue to increase in increments. Just give it time. You're going to start seeing it jump up and just hold on to your dinar. 12-4-2023 Intel Guru Frank26 On January the 1st of 2024 you [Iraqi citizens] will not be able to use or touch the American dollar in any way, shape or form anymore. The CBI...will tell you not anymore, come and get your new small category notes and let us introduce you to your new exchange rate...it is now coming IMO... 12-4-2023 Intel Guru MarkZ [via PDK] Iraq is being very clear the dinar will be higher than the dollar and no more dollars after Jan 1st…They are telling us everything we need to know. We just need to stay calm. 12-4-2023 Newshound Guru Kaperoni If Iraq is ever going to raise the value of the dinar there are several things that need to occur first of which requires Iraq to diversify their economy away from oil. To create a private sector, employ their citizens and begin to manufacture, create agriculture etc. This is an absolute requirement to be self-sufficient. Currently, Iraq Imports about 90% of the goods they need. 12-4-2023 Newshound Guru Sandy Ingram The Central Bank of Iraq confirmed some Iraqi banks are transferring dollars from their accounts to intermediary banks who are distributing the dollars to their customers. The Central Bank of Iraq said this will contribute to reducing the exchange rate of the parallel dollar...[We're] thinking this is to keep the black market intact. This means the decision to only use Iraqi dinar in all transactions beginning January 1, 2024 may cause concerns and the Central Bank of Iraq is making moves to control any possible issues. 12-4-2023 Newshound Guru Pimpy Still today I can't find any news so called restrictions removed. No restrictions have been removed yet. 12-4-2023 Newshound Guru Militia Man Article: "It's time for the Iraqi economy to be linked to the global economic cycle. Al-Sudani stresses the government's endeavors to achieve an industry that exports its product outside Iraq." That's exactly what we need. Everybody knows Iraq has been an import country and they've been using oil as a revenue stream. Now they're going to go from a rentier oil industry to a non-oil revenue stream country...You have the industrial cities, liquid natural gas, tourism, agriculture...Iraq is filthy with minerals. 12-4-2023 Intel Guru MarkZ [via PDK] ...today at 4:15 pm the Fed will have a meeting on “FOREIGN EXCHANGE RATES” This does not pop up on their calendar very often but today they are discussing foreign currency exchange rates at the Federal Reserve at 4:15 pm. Could this be what we are looking for? It’s possible. 12-4-2023 Intel Guru Frank26 Question: 'Is it December for Iraq or for international as well?' [Frank's current timeline for the RI is before 2024] Both, because the citizens will be receiving their purchasing power and the currency will then start to go outside the border in international trade and start to climb in value. 12-4-2023 Newshound Guru Pimpy Article: "Central Bank reveals two agreements during joint Iraqi delegation talks in Turkey" This agreement with Turkey allows...merchants to purchase goods from each other's country using their own currency. If I'm a merchant in Iraq and I want to buy goods from over there in Turkey to sell in my store I can purchase those goods using Iraqi dinars and vice versa. If I'm a merchant in Turkey and I want to buy some goods that I can sell in my store over here in Turkey I can use the Euro or the Lera and then the banks will settle the issue with the two currencies. That's why they [the banks] do currency swaps. These are pretty big hurdles Iraq has managed to get over. Let's hope they continue down this path and nothing bad happens... 12-4-2023 Newshound/Intel Guru Mnt Goat ...The rate is NOT going to start at 1/6 of a penny and climb from there when it does get reinstated. The rate has to reflect the TRUE rate of the value of the assets Iraq now holds. Not the value of an intentional, sanctioned, suppressed currency. Why would they even bother to do all this work for the banking, financial and currency reforms if they were just going to leave the rate at 1/6 of a penny?
12-3-2023 Intel Guru Frank26 The CBI wants more dollars? No, they want less dollars. What does the US Treasury want? More dollars in Iraq? No, they want the CBI to introduce the new currency with the new exchange rate. That will benefit the United States because the United States and the Federal Reserve have billions and billions of dinars stacked up just like they did the last time they did this...with Kuwait from 1990 to 1999. The only problem this time is they took twice [the time]...
12-3-2023 Intel Guru RayRen98 [via Babysmom] ...HEARD FROM...IMF CONTACT LATE LAST NIGHT...WINDOW IS STILL OPEN...TO MONDAY MORNING. 12-3-2023 Newshound Guru Pimpy Sovereignty means freedom. That means you're in control. Nobody else tells you what you can and can't do with your country, with your currency or anything else. That's the whole purpose of sovereignty. Iraq wants control of their currency. This is what we want for them to do...We have to make sure the people that are in control don't screw things up...Let's hope Iraq is ready to do this because if not it really could be a major setback... 12-3-2023 Newshound Guru Clare Article: "Al-Sudani: We have natural resources that enable us to export products outside Iraq " Quote "Prime Minister Muhammad Shiaa Al-Sudani said on Saturday that Iraq has the natural resources that qualify it to meet the market’s need for local products and export the surplus outside the country." 12-3-2023 Guru Nader From The Mid East The revolution of the dinar exists, yes. Is going to revalue? Yes. When? I don't know. It can be now. It can be next month. It can be 2 years from now. It can be 5 years form now. You know people are going to hate this but the reality is there...You have to be a realist...You know it's going to revalue. 12-3-2023 Newshound Guru Breitling Question: "Why haven't all the big sharks bought in anticipation of the RI?" Who says they haven't? I told you guys with some of the companies that I've worked with we did research and we had contact with a lot of senators and congressmen from both sides of the aisle, they all have it. They all have Iraqi dinar. They have other currencies too. 12-3-2023 Newshound Guru Militia Man The last two weeks what did they do? They [countries around the world] opened 'corresponding banks' with Iraq. To do what ? To facilitate trade. Through what? All these different currencies. Is it fact or is it fiction? It's a fact. I deal in facts. I deal in truth. I deal in data. Article quote: "With the assistance of the Untied States...there is opening of accounts or correspondent banks which have now reached more than 40 new accounts." 12-3-2023 Intel Guru Frank26 Some of you were asking, Frank, You don't want me to take my eyes off of my dinars but some of the banks I called said they're going to send them to another bank and inspect them and then bring them back? Yeah, well you ask them for the address of that bank and you take your dinars to that bank and let them inspect them in front of you. Once that's done and they give you credit and you see your account is credited with the right amount well then you're happy they can have all the dinars you took to them. But never separate yourself from your dinars. There are evil people in this world. They'll find a way to steal. 12-3-2023 Newshound Guru Pimpy Currency Auctions...Adjusting the auction mechanisms and policies could help control the supply and demand dynamics of the IQD...Fifth, Government of Iraq - Investors...have to feel their investment is secure. Having a stable government and stable economy goes a long way. Political stability...that encourages domestic and foreign investment ...Lastly, International Support...IMF and World Bank...these organization can provide financial aid, technical assistance and guidance on implementing economic reforms...Those are the steps necessary to reinstate the $3.22 rate. I still think it'll go up in increments just so they can make sure there is stability in the economy without bankrupting themselves... [Post 2 of 2] 12-3-2023 Newshound Guru Pimpy I found the steps Iraq would need to take in order to reinstate its $3.22 rate...Stabilize the economy by addressing issues such as inflation, unemployment and corruption...diversifying the economy beyond oil dependence...Monetary policy - To reinstate a specific exchange rate the Central Bank of Iraq would need to implement appropriate measures...like interest rates, reserve requirements and open market operations. Third, Foreign Reserves - Iraq's foreign reserves...The more they get the better it is for them...particularly the US dollar would provide the CBI with the necessary resources to support the desired exchange rate... [Post 1 of 2] 12-3-2023 Intel Guru Bruce [via WiserNow] Lets talk about rates...We had rates on redemption center screens on dinar and Dong that were put out... definitely that were terrific. Excellent... Notice I said on redemption center screens not banks...Because rates at the redemption center will be higher than they are in the banks - Our contacts see rates on the bank screens - They also see rates in the redemption center screens – I can tell you know they are that much higher – as much as 4 times higher on redemption center screens than they are on the bank screens... 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.
12-2-2023 Intel Guru Frank26 Anybody that tells you, 'give me your dinars and I will give you more than what the CBI will give you' because, 'I belong to the [whatever] group/organization' They're thieves. They're vipers. They're liars...No body is going to give you more than what the CBI can and is willing to give you.
12-2-2023 Newshound Guru Pimpy Iraqi dinar is going to go up in increments because as you go up one step at a time you're able to see what kind of shock you're going to have to your economy, if at all. As they keep making a move forward with the value of the Iraqi dinar measured against your economy they're able to determine whether they can keep going forward and make the value of the Iraqi dinar increase or whether they should decrease the value of the Iraqi dinar. 12-2-2023 Newshound Guru Militia Man What we're seeing is probably one of the most exciting times we've ever been in and there's more to come... 12-2-2023 Intel Guru Wolverine ...This is going to get very emotional when it happens and so I suggest to get those tissues and that bottle of champagne. This is all part of history and all of you are part of history. The biggest transfer of wealth in the history of this planet is about to get started. Always remember where you were and what you were doing when it happens. God bless you all. 12-2-2023 Newshound Guru Kaperoni Floating a national currency is intended ...to determine its price in a free market according to the forces of supply and demand. That is what we are looking for... 12-2-2023 Newshound Guru Samson Article: "Washington congratulates the Sudanese on the launch of the five-year development plan: We appreciate our partnership with Iraq" 12-2-2023 Intel Guru MarkZ [via PDK] The group chatter has been amazing as they are waiting for release of funds… sitting at the edge of their seats. Redemption contacts who are “on call” have not been called in…yet. But we are stinking, painfully close…. 12-2-2023 Newshound Guru Clare Article: "Parliamentarian: Al-Halbousi’s imprisonment for one year is within reach" Quote: "Iraqi Parliament member Basem Khashan expected, on Friday, that the deposed Speaker of the House of Representatives, Muhammad al-Halbousi, would be imprisoned for a period of no less than one year, after the “Taqaddum” Party, which he heads, paid a sum of money to the American company BGR without obtaining legal approval." 12-2-2023 Intel Guru Frank26 Question: Article VIII, WTO do these matter? Yes without a doubt. WTO you notice they have not been ascended into it. Doesn't matter. Whenever they do it they'll do it but what's really important is in order to join the WTO you have to be Article VIII...All they have to do is raise the value of their currency, that's it. 12-2-2023 Newshound Guru Pimpy When we talk about stability this is not what you want to see. Article: "10 Killed, 14 injured in Iraq roadside Bomb Attack" If you're going after politicians that's not a stable country...Essentially you're talking about assassinations...these are types of things we hope Iraq can get away from. Not the kind of news we want to hear. 12-2-2023 Newshound/Intel Guru Mnt Goat “The Prime Minister’s philosophy confirms that economic reform cannot be achieved without reforming the banking system, and therefore the priority begins with reforming the financial system.” ...more proof that Iraqi’s economy does not need to grow any more at this time in order to get to the value of the dinar to what we need for a fair and honest rate reflected...the “priority” begins with reforming the financial system and currency reform is a large part of the financial system. ...Iraq will never be able to raise enough the money alone to rebuild Iraq and its economy unless they first complete the needed banking and financial reforms needed to attract investors... 11-30-2023 Intel Guru Frank26 Coming out at a higher rate could destroy the monetary reform. It could cause it to fail. That's what they're working on right now with the US Treasury.
11-30-2023 Get Paid When You Shop "As of June, 61% of American adults live paycheck to paycheck…with little to no money left over, according to survey by Bankrate." While banks receive $457 million from card swipe fees EVERY. SINGLE. DAY. That’s a record $160.7 billion last year according to CNCB. 10 years ago it was only $20 billion. Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $15,500/month. Earn as little or as much as you like. Flexible hours. FREE On-Demand Web Class Click here to learn more >> 11-30-2023 Newshound Guru Pimpy Next year is going to be very interesting especially if they're going to start doing everything in just Iraqi dinars. I'm curious to see what kind of effect that's going to have on the Iraqi dinar. I'm actually looking forward to it. 11-30-2023 Newshound Guru Militia Man We all see the writing on the wall at this point in time that Iraq is going to go international. They're going to be part of the WTO. With them going to the private sector you can just see it's going to be a robust economy in this country. 11-30-2023 Newshound Guru Clare Article "A Chinese advisor describes Iraq as the "largest" investment destination for his country" Quote "Counselor of the Chinese Embassy in Baghdad, Xu Haifeng...said in a press conference held today at the Chinese Embassy in Baghdad that Iraq is a country rich in energy represented by oil and gas, and it is natural that the energy field is a relatively greater source of attraction for Chinese investments, and is in line with the industrial diversity in Iraq" 11-30-2023 Newshound/Intel Guru Walkingstick At this phase of the monetary reform they have to figure out the note count. That's what the US Treasury is working with them about as well. The note count that will be released into circulation with these lower denoms. Why? So as not to introduce currency inflation which is part of the experiment they're running [in Kurdistan with lower notes] IOO. The monetary steps have put the lower denoms and the new exchange rate in position to come out and float strongly without failure because that would be a catastrophe. 11-30-2023 Intel Guru Frank26 Can the CBI, Alaq and the board of directors reduce the exchange rate of the American dollar? No, of course not. They don't have jurisdiction to do that. Who can do that? The US Treasury. Alaq and Sudani said to the citizens, 'Private banks will give support to the Iraqi citizens by reducing the dollar exchange rate.' What that means is they're going to give value to the Iraqi dinar...It reduces the value of the American dollar in the country of Iraq. 11-30-2023 Intel Guru MarkZ [via PDK] Very little out of Iraq overnight. But everything coming out of Iraq this week has been overwhelmingly positive. I know this is tough…I know we have been sitting at the edge of our seats for entirely too long…But, it’s hard to nail down a world-wide historic, once in a millennium event…But we know its coming. 11-30-2023 Newshound Guru Sandy Ingram Article: "Inflation rate in Iraq declines in 2023 compared to 2022" The Central Bank of Iraq announced the inflation rate decreased in 2023 compared to 2022. Inflation in Iraq reached approximately 3.7% in August 2023, compared to 4.4% in August 2022. Iraq's inflation rate is good compared to many countries where inflation has reached 30% and 40%... 11-30-2023 Newshound Guru Pimpy It looks like Iraq is pushing for its own monetary sovereignty... Article: "Iraq is moving towards applying the principle of monetary sovereignty. What does that mean?" This is actually really good news...This is what we've been bugging Iraq to do - get out of the shadow of the United States and do your own thing...In other words, our little child is wanting to be all grown up and make a move to be on its own. This is exactly what we've been looking for...Once we kick the training wheels off of Iraq, you have to trust the people who are making the decisions about the Iraqi dinar make smart ones and not screw everything up... 11-30-2023 Intel Guru Frank26 Every day those that were against it [The dinar/monetary reform], those that were negative like parliament are complimenting and cheering on what is about to happen. Everyday they come up with new ways of saying the same thing. Article: "Advisor to the prime minister: Economic policy in Iraq is moving towards implementing the principle of monetary sovereignty" MONETARY SOVEREIGNTY... ANOTHER BEAUTIFUL WAY OF SAYING WE HAVE A NEW CURRENCY. 11-30-2023 Intel Guru Goldilocks Bonds increase demand for a country's national currency. It also increases its value. Iraq is beginning to sell bonds to their people and investors to participate in the growth of their new economy supported by Gold and the Dinar. Iraq is beginning to make moves that will make their countries' economy self-sustaining going forward utilizing only the dinar to make it happen. 11-30-2023 Newshound/Intel Gurus Militia Man & MarkZ [via PDK] Militia Man: ...Iraq is going International big time…Iraq is considered to be one of the world’s wealthiest nations with vast reserves…They have the money they need for a new real effective exchange rate. With the oil, natural gas, sulfer, precious metals etc…they can afford it. MarkZ: And the rare earth minerals…Iraq has just discovered…Iraq is worth much more now than when the rate was $3.22 over 20 years ago. 11-30-2023 Get Paid When You Shop "As of June, 61% of American adults live paycheck to paycheck…with little to no money left over, according to survey by Bankrate." While banks receive $457 million from card swipe fees EVERY. SINGLE. DAY. That’s a record $160.7 billion last year according to CNCB. 10 years ago it was only $20 billion. Discover How To Make A Monthly Income Helping Others Double Their Purchasing Power...without asking them to change a thing they already do. up to $500 to $15,500/month. Earn as little or as much as you like. Flexible hours. FREE On-Demand Web Class Click here to learn more >> 11-30-2023 Intel Guru Bruce [via WiserNow] I've been told that we should get notifications... Thursday, very early morning...possibly wake up to it on a Thursday. Let's see what happens. |