10-28-2025 Guest Boots-On-The-Ground Guru Maxis I had a chance to visit the new CBI building today and the construction is not complete, still has cranes building it…
10-28-2025 Intel Guru Frank26 We know very well the budget has been opened with 12-2c. We know very well they told the citizens of Iraq, ‘We’re going to lift the zeros from our exchange rate to add purchasing power that we promised you’. We know very well they just finished showing them all the lower notes and fils.
10-28-2025 Guru Nader From The Mid East I was worried about the exchange rate but I talked to a friend yesterday and he assured me…in United States or any other country outside Iraq the banks and the exchange and all that they don’t care about what Iraq is doing inside Iraq...Nothing will change before the election…
10-28-2025 Newshound/Intel Guru Fnu Lnu The rate, for the sake of explanation, will be $3 per dinar. That makes the 25,000 note which is now a 25 note, worth $75 USD instead of $25 USD. There is the “Purchasing Power“…The Iraqi’s will be elated. This leaves the issue of “Out of Country” Dinar. All Dinar out of country will have the exact same value of $3 USD per Dinar. Remember the “Law of One Price”? This obeys that law so no laws are broken. Our 25,000 IQD will now be worth $75,000.00 USD. Everyone gets the same rate so this dispels the mythology of “A Contract Rate”. There is a minuscule amount of Dinar held out of country so this dispels the myth of “Bankrupting the Bank” due to a high revaluation amount. [Post 2 of 2]
10-28-2025 Newshound/Intel Guru Fnu Lnu There is still confusion on how the RV will work. Some say with 100 Trillion Dinar in print, the RV will be very small. Some say the “Delete the Zeros” means a redenomination which equals a LOP…I will explain it again. I hope this helps. It is quite logical. They WILL redenominate / LOP the currency. A 25,000 note will become a 25 Dinar note. This will then become the “In-Country” currency / folding money used for domestic commerce. The CBI will allow a very short window for “In Country” residents to take the Dinar out of their mattresses and bring them to the bank lest they be cancelled after the grace period…Either you bring them in and swap them out now, or they will be worthless tomorrow. Now for rates… [Post 1 of 2….stay tuned]
10-28-2025 Newshound Guru Militia Man Removing three zeros from the currency doesn’t make any sense to me…They’re not going to take off three zeros off the currency. But what they’ll do is they’ll take three zeros from the exchange rate.
10-28-2025 Newshound Guru Samson Article: “Central Bank: Iraq’s public debt-to-GDP ratio is lower than that of the United States, Japan, and Egypt”
10-28-2025 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
There are plans for a broad re-denomination by removing zeros from the currency later in 2025 to further ease transactions. But the smaller notes like the 50s have begun circulating ahead of this reform. FRANK: It’s interesting they allowed you to see the 50 note. I believe that is to give you hope that the rest is coming along with the HCL and the complete change of all the denominations.
10-28-2025 Intel/Newshound Guru MarkZ [via PDK] Why would they need a $50 dinar note worth about 3.8 cents US? But suddenly over the weekend we had something change. We started seeing stacks of these at larger stores and money exchange locations. So they are putting these out to be widely circulated. Maybe they are getting people used to seeing them in circulation before the revaluation? Now they are again talking about 1’s, 5’s, 10’s and 20’s. The $50 dinar note would be a great bridge while they roll out the other lower denominations and the coins. Coins make no sense at all unless there is a value change unbound.
10-28-2025 Newshound/Intel Guru Mnt Goat Article quote: “Central Bank Governor Ali Al-Alaq confirmed that the three-year budget “included very large expenditures and a high deficit,” noting that the issue of removing zeros from the dinar may witness developments in the coming period.” … He is then saying by removing the zeros (thus revaluing the dinar) will resolve this issue in the coming period…they only have a few more months until January 2026 and need to conduct the removing the zeros prior to any reinstatement… We know the Project to Delete the Zeros MUST be done prior to the reinstatement …Remember Iraq is hardly ever on time and so we may go inpart into January. Don’t expect the reinstatement right on January 1st.
