Iraqi Dinar Guru Update (20-08-2024) (2024)

Newshound Guru Militia Man

The financial advisor, Saleh, has discussed the float—a controlled float or a blend between the peg and the flexible float.These people will do what they believe to be the most constructive.They won’t aim to sour the circumstances. They are going to strive to succeed personally.

Guest Guru Zester

[ Via PDK] …pops (MarkZ)…is feeling fantastic and enthusiastic. (Mark is undergoing stem cell treatments to try to stop muscular illness from progressing.) I personally got an update straight from pops this morning. From Mark Z: Thank you everybody for the kind wishes and prayers. There is much positive bond talk scheduled for later today.I also have other reports stating that currencies are not yet paying out.

Newshound Guru Samson

Article “US State Department : Our commitment to the relationship with the Kurdistan Region is firm

Intel Guru Frank26

[ Iraq boots-on-the-ground report] Saleh was discussing fixed rates as he was also discussing the floating. No decisions have been taken, he says. Each one of these choices had benefits and drawbacks discussed. The CBI then emerged and declared that we will act to reduce the dollar exchange rate in the next days. Frank: Can the CBI influence the dollar exchange rate? Not yes. Indeed! Just how? Firefly: The CBI’s responsibility is not dollar control.They cannot touch a dollar; yet, the CBI can touch the dinar.Should they raise the value of our currency, the worth of the dollar in our nation would thus diminish? Let’s see if increasing the dinar is the sole action the CBI could take to devaluate the dollar. They indicate in the next days.

Newshound Guru Militia Man

Article: “Iraq stays away from the grey list”. Iraq belonged to a black list once. They then went to the grey list, which we thought was very excellent; we’re headed forward. These days, they claim Iraq avoided the grey list. Quote: “In a remarkable development the Anti-money Leping and Terrorist Financing Office in Iraq announced the country is far from being included in the grey list after the mutual international evaluation Iraq underwent for 14 month.” Sounds excellent.

Newshound Guru Breitling

Remember it’s an artificial rate. It’s manipulated by the note count.

Guru Nader From The Mid East

[Basra update of Iraq former government/UN employee friend Imad] Kuwait basically went through the same scenario. Whatever is happening to Iraq, Kuwait went through already. Kuwait returned to business following the conflict. The American citizens who bought and held such notes during a down period made a lot of money. That is certain. Now the situation is recursing with Iraq.

Newshound Guru Samson

Article: “Iraq avoids the gray list: temporary victory or the beginning of a new crisis?

Newshound Guru Clare

Article: “Government Advisor: Al-Alaq’s forthcoming visit to New York will help to support the protection and stability of the banking system”. Quote: “The Prime Minister’s Advisor for Financial Affairs, Mazhar Mohammed Saleh…pointed out that the file of the sanctioned banks required negotiation due of possibilities of an error or exaggeration in issuing the decision to punish them…At the end of this August, there will be talks with the US Treasury Department and the Federal Bank.

Intel Guru Frank26

[Iraq boots-on-the-ground report] FIREFLY:
Saleh on TV talking about the possibility of using the dinar instead of the dollar on oil sales.He’s talking about how and why… FRANK: Sudani is now sending people on a daily basis out to talk to you…If it’s not Saleh talking to you about the monetary reform, it’s Alaq reminding you you’re going to get purchasing power…Then it’s himself that comes out and tell you the project to lift the three zeros is still on the table, we’re going to give you purchasing power like we promised you this year…Your purchasing power is coming.

Newshound Guru Militia Man

What were they doing in the background? They were destroying money…They didn’t tell you how much money they destroyed…But they’re saying they’re having a problem with liquidity…a problem…to meet the need for Iraq dinar…They’re going to need money to be replaced.Could that be the new small category notes with more value?...Why in the world would you go out and destroy a bunch of money… make it into pellets for burning, when you’re going to go and create new 25k notes. Does that make any sense to anybody?Do you think they built that big, huge massive building…to have more inflation and a cheaper exchange rate less that 1310? That’s what they would be doing…That doesn’t make any sense whatsoever. [Post 2 of 2]

Newshound Guru Militia Man

Article quote: “Central Bank’s inability to meet the needs of Iraq dinars which may force an increase in issued monetary mass.They didn’t say dollars, they said the need for dinar.Why would they need to have dinar?Remember…they’ve been bringing in 25k notes because…they’re doing electronic. All that money that comes in gets credited on cards. They’ve been absorbing cash… [Post 1 of 2….stay tuned]

Intel Guru RayRen98

THE WORLD COURT RECEIVES DISPUTES (AND SEEKS RESOLUTION) BETWEEN NATIONS. THE DETAILS ARE INSIGNIFICANT,THE RV IS SLATED TO MOVE FORWARD NOW.

Iraqi Dinar Guru Update (20-08-2024) (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 future prediction for Iraqi dinar? ›

Looking forward, we estimate it to trade at 1317.82 in 12 months time.

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

Should I invest in the Iraqi dinar? ›

Sadly, everyone from Armed Service men and women, civilians, contractors and unwise investors are buying into this scam without understanding the real risks. The Iraqi dinar “investment” opportunity is a scam that has been around for a few years and has recently been regaining much of its former popularity.

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

1 IQD = 0.000763 USD Sep 17, 2024 06:23 UTC

The currency converter below is easy to use and the currency rates are updated frequently.

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

Can I exchange my Iraqi dinar in the United States? ›

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.

How much is Iraqi dinar in circulation? ›

Iraq Money Supply M0
ActualPreviousUnit
156234.00155673.00IQD Billion

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.

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

How much is 100 to Iraqi dinar? ›

Download Our Currency Converter App
Conversion rates British Pound Sterling / Iraqi Dinar
100 GBP171,079.00000 IQD
250 GBP427,697.50000 IQD
500 GBP855,395.00000 IQD
1000 GBP1,710,790.00000 IQD
8 more rows

How much is 1000 000 iraqi dinar in dollars? ›

Options
IQDUSD
coinmill.com
1,000,000777.42
2,000,0001554.85
5,000,0003887.12
14 more rows

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 to get rid of Iraqi dinar? ›

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.

Where is the safest place to buy Iraqi dinar? ›

US First Exchange provides the most secure platform for you to buy Iraqi Dinar online. We deal in over 20 currencies, including exotic currencies. All packages are insured at full value, and payments are processed the same day.

Where can I exchange Iraqi dinar for US dollars? ›

US First Exchange offers competitive rates when buying or selling Iraqi dinars.

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.)

Top Articles
Latest Posts
Recommended Articles
Article information

Author: Mrs. Angelic Larkin

Last Updated:

Views: 6519

Rating: 4.7 / 5 (47 voted)

Reviews: 86% of readers found this page helpful

Author information

Name: Mrs. Angelic Larkin

Birthday: 1992-06-28

Address: Apt. 413 8275 Mueller Overpass, South Magnolia, IA 99527-6023

Phone: +6824704719725

Job: District Real-Estate Facilitator

Hobby: Letterboxing, Vacation, Poi, Homebrewing, Mountain biking, Slacklining, Cabaret

Introduction: My name is Mrs. Angelic Larkin, I am a cute, charming, funny, determined, inexpensive, joyous, cheerful person who loves writing and wants to share my knowledge and understanding with you.