Iraqi Dinar | Latest Iraq dinar recaps & updates (2024)

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( 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: NO

- 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)

(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

New Iraqi Dinar Exchange Rate Calculator >>

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. 8-12-2023 - Iraq appears out of Ch VII but U.S. has not release them)
  6. UNSC Chapter 6 (began 12/2017 ?)
  7. Article 140 impl. (Supreme Court Support 5/2018 - mustimpl.) (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 - Biden renewed May 2023)
  16. Law of Financial Administration/Financial Management Law (First vote May 2019) | Amend Dec. 2019
  17. CBI Auctions Stopped (partly Done - June 2020?)

"I find your emails to be fascinating they are filled with Life and energy. Just reading them gives me a boost. Peace and Blessings" -E Dinar Guru Member

*** Are you on the officialRV ALERT List?? *** The dinar is heating up...Don't Get Caught On The Outside Looking In. Click the blue button below to get on the Official Dinar RV Alert List....Its FREE and you get Official RV Alerts, the latest breaking updates, special videos & other fun stuff from me too!

1-9-2024 Newshound Guru Militia Man Developing the market for the banking sector is huge because look, the ISX shows that their index has been up about 52% in 2023...Why is that if Iraq is just status quo and it's just blah...? It's not.

1-9-2024 Intel Guru Frank26 The electronic platforms are being established through Visa and MasterCard for the citizens of Iraq in order to be able to transfer money in and out of their country because the float is about to start. The dollar is going down and the dinar is going up. Today you saw a third change 135,000 to 100 USD. It's going in the right direction and it's moving fast...

1-9-2024 Intel Guru MarkZ [via PDK] “Iraq issues $1.5 Billion reconstruction bonds These are based on US pricing but in Iraqi dinar.

1-9-2024 Newshound/Intel Guru Mnt Goat

I believe we will not get out of January without seeing the project to delete the zeros and my CBI contact ...gave me assurances that this could be the case.

Keep our fingers crossed nothing else interferes in the process.

Get caught up on last night's updates belowandif 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.

1-8-2024 Intel Guru Frank26 The floor of the CBI is really spotless, spotless enough to bring forth the new exchange rate, the lower denominations to the Iraqi citizens without fear...

1-8-2024 Newshound Guru Pimpy 12 to 1 is better than nothing. A lot of people will get out...If it goes 12 to 1 95% of the people are going to jump the hell out of it. They'd be scared that something would happen and screw everything up. They'll take it. I'll take 12 to 1. I'm not greedy. I'll take 12 to 1, that gives me $333,000. I'd be very happy with that. Don't get me wrong, I would take more but I'd be very happy with that.

[Note: Use the Dinar Guru Calculator to determine how much USD you'd make. Link is at the top of this page.]

1-8-2024 Newshound Guru Militia Man Once they...get the parallel price to say 1320, 1310 as apposed from 1560...they'll adjust and finish the project to delete the zeros. Remember, it's not off the currency, it's off the exchange rate of the currency. There is a difference. A lot of people are still hung up on that...

1-8-2024 Newshound Guru Breitling "What is Iraq waiting for at this point [to RV]?" No body knows...When [Senator] McCain was around those were the heavy hitters. Those were the guys I would listen to. This was nothing 'official' but these guys knew what was going on, 'you want to be in the dinar.' I have some very good friends who didn't buy it and they talked to McCain and he said you better buy this currency. According to them, it should have happened by now. I still hang out with the same group and to this day nobody knows why Iraq has not pulled the trigger yet. What's strange is back in they day Iraq didn't talk about it that much,

now they talk about it all the time. Whatever the CBI is looking at, it's starting to look like they need to be there.

1-8-2024 Newshound Guru Clare

Article: "An Iraqi delegation heads to Washington within days, followed by a visit to Sudan" Quote: "Iraqi delegation will head to Washington within days, followed by a visit by Prime Minister Muhammad Shiaa Al-Sudani."

1-8-2024 Newshound Guru Samson Article: "The gap between supply and demand is “exhausting” the Iraqi dinar... Two paths for the decline in dollar prices

"

1-8-2024 Intel Guru Frank26

[Hypothetical bank interaction] I went to Chase Bank and they told me it's a scam. Remember [FireFly boot on the ground in Iraq] tells us JPMorgan is building 10 more banks [In Iraq]. So tell them when they say it's a scam - you are really ignorant. Don't you know about those 10 banks they're building right now? No. Hey, did you know know JPMorgan
will support the Iraqi dinar 100% and that's direct from the CEO Mr. Jamie Dimon...Did you know the US Treasury has millions of dinars in its foreign reserve? Scam huh?...Did you know as of January 1, 2024 there won't be a single American dollar used in Iraq any longer and only the Iraqi dinar which means it's going to have value? ...How in the world do you not know these facts about your bank? Or are you lying...

1-8-2024 Newshound Guru Pimpy You'll see changes IMO after the end of the 1st quarter of this year. I might be wrong on that but I'm anticipating. With all the trading they're doing, the fact that they got rid of the dollar, that is going to cause the Iraqi dinar to increase in value to the point where they might have to change the exchange rate...But any major major changes like 12 to 1 that's not small. That's a big change in the exchange rate.

1-8-2024 Intel Guru MarkZ [via PDK] ...on the group side I am hearing very positive things. They are specifically looking at dates between the 9th and the 14th of this month. This does give us a range to look at...

1-8-2024 Newshound Guru Militia Man Article: "URGENT: The Baghdad Stock Exchange operates on the “NASDAQ” system, and foreigners and banks have become more investors" This is a very good sign that Iraq is opening to the world...Take notice of what they say about what currency the shares will be denominated in.. The Iraqi dinar. Take even more notice that they are telling the world that the shares will be affected by the exchange rate. With the expectation of a rate change to be stronger than the dollar one could imagine the impact that is already having and how much more growth there will be. This is a very good sign of things to come. I am so ready...

1-8-2024 Intel/Newshound Guru Babysmom NEWEST ANTICIPATED POSSIBLE OPENING RATES... DINAR 3.81-4.81, DONG .47...

1-8-2024 Newshound/Intel Guru Mnt Goat I am told they fully intend to have this parallel market on target and under control within January...if they can accomplish this target, we know what their next move will be... We don’t need to speculate...We know as a FACT!

Get caught up on past updates belowandif 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.

1-7-2024 Newshound Guru Pimpy IRS says these would be capital gains...If you make more than $500 you've got to report it. The tax bracket will be based on the amount of profit you earn...People try to over complicate it...You don't ever get a loss or a profit until you sell them. [NOTE: Some gurus feel it's capital gains others feel ordinary income. The only opinion that matters is the IRS's. Always consult your tax professionals at the appropriate time to determine the correct tax for your unique situation.]

1-7-2024 Intel Guru Frank26 The IQD is going up in value because the American dollar is going down. This is the skeleton key to the monetary reform.

1-7-2024 Guru Nader From The Mid East

It's going to be $3.50 to 1 and it's going to play about Forex between $3.50 and $4.50. It's true what I tell you. I'm not playing around.

1-7-2024 Newshound Guru Kaperoni Article: "Ali Al-Alaq, the current governor of the Central Bank of Iraq confirms that Iraq's money supply exceeds 100 trillion dinar."

1-7-2024 Newshound Guru Pimpy In 2003...for every 1 IQD you got back $1.53 of US money. That's what it was in 2003.

1-7-2024 Newshound Guru Sandy Ingram The stronger the currency, the more confidence the world has in the country's economic stability and growth potential. How does a GDP affect a country's currency rate? Simply, a higher GDP signals a stronger, productive economy. This attracts foreign investors, who need to buy the country's currency to invest. This surge in demand for the currency increases its value, or 'rate'...A rise in Iraq's GDP implies a healthier economy and a potential increase in the dinars value. [Post 2 of 2]

1-7-2024 Newshound Guru Sandy Ingram What will it take for the Iraqi dinar to strengthen against the US dollar? Imagine a country as a business. The Gross Domestic Product (GDP) is essentially its annual report showcasing the value of all goods and services produced. A high GDP indicates a booming economy...The currency rate on the other hand is a bit like a company's share price. It's the global market's way of saying how much it thinks that...country is worth. [Post 1 of 2....stay tuned]

1-7-2024 Newshound Guru Militia Man The Central Bank of Iraq is giving out instructions for what they're doing and how they're doing it...I think you should be pretty excited because I know I am...

1-7-2024 Intel Guru Frank26 Question: "Are you looking for any major announcements from the CBI next week?" When you say major announcement obviously that's trying to entrap me.

I'm looking for an announcement every freaking morning that I wake up...

1-7-2024 Newshound Guru Pimpy They're saying 12 to 1 [possibly revisit/consider the change in 2026]. If they implemented that tomorrow I would not have any dinar left over. I'll take 12 to 1. I can pay off my house as well as a lot of other debt and start all over debt free plus having pretty church of change to put toward my retirement.

[Note: Use the free Dinar Guru Calculator at the top of this page to determine how much dollars that rate means to you.]

1-7-2024 Intel Guru Bruce [via WiserNow] Now we're getting a couple of different things from three different Intel sources. Two of them are pretty much lining up with this can go any time between now and Monday...our final source that we heard from...was saying that...all releases Start this weekend...I think that's good news. And these are pretty top sources too that’s giving this information...

Iraqi Dinar | Latest Iraq dinar recaps & updates (2024)
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