We Are Sitting At The Front Of This… The long-discussed 3-zero deletion is structurally ready. New lower-denomination notes (5, 10, 20, 50, 100 “new dinar”) are printed and stored at CBI vaults in Baghdad and Erbil. The digital equivalent will launch simultaneously with the physical redenomination. The redenomination itself does not create wealth it is a mathematical operation (1,000 old IQD = 1 new IQD). What creates the value event is the simultaneous re-pegging of the new dinar to the commodity basket rather than the artificial program rate of 0.00076 USD. Current program rate: 1 IQD = $0.00076… Post-redenomination target rate (internal CBI projection, not public): 1 new IQD = $1.00 – $3.22. (Possibly Higher) Ariel
