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

Dinar Guru Resources:

New York Time

Baghdad Time

New to the Iraqi Dinar? Start Here:

( 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?)

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6-2-2024 Newshound Guru Jeff If you're excited about the budget being approved Monday you're an uninformed investor. What that means is the rate is not changing because budgets are calculated off the value of the currency whatever it is. The budget was calculated against the dinar at 1310...The next window of opportunity that the rate could change would have to be either midyear (September or October) or the next budget period of 2025. In order for them to do that they have to suspend that year's budget monies and consider re-amending the budget.

6-2-2024 Newshound Guru Pimpy Article: "The document..The House of Representatives votes next Monday on the budget schedules

"

Finally after all this time. There was a huge delay.

6-2-2024 Newshound Guru Militia Man That vote

[scheduled Monday 3:00pm Baghdad time vote on the 2024 budget tables] is prior to markets opening in the United States in New York. Will they vote? Will they do it? We're going to find out. [Dinar Guru Note: You can see Baghdad and New York time in the left column of this page.]

6-2-2024 Intel Guru yada The value of the restored dinar will have more assets and less debt than most countries. To the extent it will be on the level of Dubai. To think the dinar will have 4x more value than the dollar is awesome.

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.

6-1-2024 Newshound Guru Jeff Today the dinar is 1310 against the dollar...If they approve the budget Monday, the dinar value remains at 1310. That's not a rate change. It's not 1 to 1 either. It's 1310...Sorry to burst your bubble but I want you guys to be informed and understand the truth in this...

6-1-2024 Intel/Newshound Guru Frank26 Remember I've said it for years, they are coming after you. 87,000 more IRS agents. You don't think the timing is perfect for it? They're coming for you...

[NOTE: At the appropriate time consult your tax advisors to determine the correct tax for your unique circ*mstances.]

6-1-2024 Newshound Guru Militia Man The totality of the Development Road Project, 1310 is not going to work. They just don't have enough money printed, period. They just don't. We're going to have to see how all that ties in with the budget because one of the things that's still on the table is the Delete The Zeros Project. If that's the case trillions turns into billions quite quickly...If they do what they say they're going to do it becomes far far cheaper.

6-1-2024

Newshound Guru Samson Article "Iran: Iraq is one of the richest countries in the Middle East"

6-1-2024 Newshound Guru Pimpy I don't think it's going to RI but it definitely will revalue, without a doubt it's not going to be reinstated.

6-1-2024 Intel Guru MarkZ

[via PDK] I expected it to be pretty quiet this weekend. But folks are geared up for early next week. I have been told by a number of them that are ready and positioned.

6-1-2024 Newshound Guru Jeff I've seen quite a few different investors out there that are super excited that Iraq was going to be approving their budget within parliament Monday...That's a huge misunderstanding on your part if you're excited...The budgets are calculated off the value of the currency. When a budget is implemented or while the budget is implemented the rate cannot
change...If this budget got approved Monday, the next time they could change the currency...rate, they would have to wait until mid-year (September or October) or a new budget period of 2025 (March to April)...Once this budget gets approved, that's the currency value that's locked in it...It can't be magically changed...It doesn't work that way.

6-1-2024

Intel Guru Frank26 Article: "Parliamentary Finance confirms the readiness of the budget tables for voting in Monday’s session" I BELIEVE IN JUNE 3rd FOR MANY THINGS TO COME TOGETHER.

6-1-2024 Newshound Guru Militia Man The House of Representatives will vote next Monday on the budge schedules...We've been waiting for it... Is it important? Is it not important? Obviously it's a focus. Article Quote: "Mustafa ... announced the House of Representatives intends to vote on the financial budget tables for the year of 2024...It will be held at 3:00 in the afternoon on Monday."

[Dinar Guru Note: You can see Baghdad and New York time in the left column of this page.]

6-1-2024 Newshound Guru Samson

Article: "The Finance Committee confirms the approaching end of its work on the budget tables: We are ready for Monday’s session" House of Representatives are under the gun - Monday 3:00 PM Baghdad Scheduled for a Vote.

6-1-2024 Newshound Guru Clare

Article: "Parliamentary Finance confirms the readiness of the budget tables for voting in Monday’s session"

6-1-2024 Newshound Guru Tishwash Article: "Iran: Iraq is one of the richest countries in the Middle East" Quote: "...Iraq is considered one of the richest countries in the Middle East, in that it possesses 85 billion dollars in foreign exchange reserves, 130 tons of gold reserves and 147 billion reserves, confirmed from a barrel of crude oil (ranked fourth in the world), explaining that it achieved from selling crude oil an income equivalent to $76 billion in 2021, and $120 billion in 2022."

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.

5-31-2024 Newshound Guru Pimpy Trump did not buy Iraqi dinars. You realize Trump has been tied to Iraqi dinar way before he was the president? ...You have to be careful about where you're getting your source from..

.There are no articles out there that confirm this at all...There's no, and I mean none, proof out there that Donald Trump owns Iraqi dinar...

5-31-2024 Intel Guru Frank26

[Iraq boots-on-the-ground report] FIREFLY: The TV just said the main objective of the second phase of the banking system is to have the Iraqi dinar regain its former strength. They also said they are expecting the budget to be passed before the 9th of June. FRANK: They are telling you they are still on course to add value to your currency. Nothing has stopped... FIREFLY: They just said it that budget when approved will need a new rate to make it work correct. FRANK: Don't you love it when your leaders tell you their goal is to regain the value of your currency because this is what they promised you.

5-31-2024 Newshound Guru Kaperoni Iraq doesn't prosper by raising their exchange rate, Iraq prospers by creating the conditions for the world to invest in Iraq. A country's exchange rate ultimately is a reflection of that success, not the other way around.

5-31-2024

Newshound Guru Militia Man I don't think anybody's going to be able to prove me wrong, you drop the three zeros, the exchange rate changes from 1 USD to 1.32 just like al-Sudani says. Do the math it comes out to .76, apply the real effective exchange rate and that's where the show starts big time... .76 is $0.76 - it's slightly less than the dollar. That's value. It's not .0007 something. It's value. That's what they're talking about - Bringing value to the currency. That's what Al-Alaq is there for.

5-31-2024

Newshound Guru Pimpy Article: "Iraqi Dinar: IBBC issues major new paper on De-Dollarisation of Iraq" There's a new study/report that has been released...As you can imagine it talks about the currency state that Iraq is in, steps that need to be taken to improve the situation and of course there's talk about the exchange rate...

5-31-2024 Guru Nader From The Mid East They're going to have to go down in the exchange rate for the de-dollarization...They're going to have to change their exchange rate...Between now and 8th of July we should have an answer... what they going to do? Are they going to change the exchange rate...keep it the same...go up...go down? I think they're going to have to go down on the exchange rate a lot for them to take off the dollar from the street. [Post 2 of 2] [NOTE: Go down here means go up in value of the dinar to the dollar.]

5-31-2024 Guru Nader From The Mid East Iraq wanted to de-dollarize. They start de-dollarizing in January but it didn't work for them too much. The government didn't expect that to happen even by telling them that the dinar are stronger...use the dinar instead of the dollar for the benefits of the country. They tried everything.

Now, they said that plan didn't work so they come out to the new white paper...They realized they cannot do nothing without changing the exchange rate.

[Post 1 of 2....stay tuned]

5-31-2024 Intel Guru MarkZ Question: How do the historic bonds and currencies differ for the RV? MarkZ: Currencies are part of the RV (Re-Valuation) whereas historic bonds are the process leading to the global reset. Historic bonds have to be settled before the reset and the bonds will give liquidity to fund the currencies.

5-31-2024 Newshound Guru Clare Article: "Professor Frank Gunter launches a new white paper on de dollarisation of Iraqi economy."

5-31-2024 Intel Guru Frank26

[Iraq boots-on-the-ground report] FIREFLY: Television is showing a report on paper from IBBC on the de-dollarization inside of Iraq. They're telling us they've been doing it all this time...They even talk about that part from the World Bank discussion on changing the dinar exchange rate. It's powerful. This is all on the news. FRANK: The monetary reform education to you citizens will get very loud...

5-31-2024 Newshound/Intel Guru Mnt Goat I wanted to share an interesting conversation I had...with my CBI contact this past Wednesday...I was told that the committee to work on the Project to Delete the Zeros has sent the CBI prepared articles to the news media for the sake of educating the citizens on the upcoming process. However, they are dated and so they are for the near future and not for current news. Yes, they are getting ready and moving ahead.

5-31-2024 Intel Guru yada

Article: "Parliament sets next Monday as the date for the session to approve the budget schedules" ...we are not waiting on their vote, their vote will happen after the release of the rate. IMO, the rate for the budget voted upon in June 2023 is what we are about to see...any moment. The budget they vote on on Monday is the rate change for the newest contract since Jan 24 this year...All the more expecting to see the rate any moment now.

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

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