Pimpy

Iraq has been doing a really good job of staying out of conflicts/trouble.  With an election coming up are they going to be able to continue on the straight and […]

Article: “Iran’s Takeover of Iraq Threatens Mass Christian Exodus”  We know Trump is a religious man and he’s very into Christianity. If something starts happening to christians over in Iraq this […]

Community Comment “Here’s the receipts for Trump’s remarks about the USA holding 35 billion dinar.  Go to 2:47 mark.”  A lot of people misunderstand what he’s talking about…What Trump is talking […]

Question:  “Can you please tell me what you think 5 million dinars…will be worth if the currency RVs or changes…?”  Here’s the different scenarios that can take place.  The one everybody’s hoping […]

This has been talked about a lot lately… Article:   “90% of Iraq’s money supply held outside banks:PM advisor”  This isn’t good because if they don’t have enough dinars to work […]

People ask me, Do you think it’s going to RV?  Yeah, obviously it’s going to RV.  It’s actually RVed a couple times over the last couple year but not the […]

Question: “Where can somebody exchange?  Banks refuse to touch [Iraqi dinar].”  I would look for people who do currency exchanges like international airports.  For travelers there’s places that sell currency and buy […]

Community Comment:  “You have always said a 25,000 dinar note is going to be a 25 dinar note.  Not here.  In country only.”  I never said ‘it’s only in country only’.  Whenever […]

What we want to see happen is Iraq to change their exchange rate but leave the zeros on the banknotes.  That’s what we want.  That’s how you make your money.  […]

There’s some confusion…about what exactly executive order 13303 is….Yes it does say we have the right to invest in Iraq and we’re protected under Executive Order 13303…If you want to invest […]

People say, I don’t think this [$0.76] is where the rate is going to be.  I agree.  I don’t think that’s where the rate’s going to be either.  It might […]

The more I read about Iraq, the more I read about the reforms taking place in the Iraqi banking system, the more I’m convinced that they’re absolutely positively not going […]

Delete the zeros question: “If they increase the value compared to the dollar, say the exchange rate goes from 1 dinar worth $3.00 then my 25,000 dinar now 25 would exchange […]

Article:  “Prime Minister’s Advisor: Baghdad summit took place regularly and Iraq regained its leading role”  This is an important place for Iraq.  They once were the lead over in the Middle East […]

When you redenominate and delete those zeros, you’re not going to exchange 25,000 and get $25,000.  That’s not what’s going to happen.  They’re going to remove the zeros and you’re […]

You got to understand when you’re dealing with exchange rate, it’s global.  Because people are making trade with them. There’s no ‘in country’ rate, ‘out of country’ rate.  It’s the same, […]

As you can see over in Syria the people celebrated throughout the night.  Trump lifted all sanction off Syria.  He’s trying to bring peace to the Middle East…He seems to […]

If they’re going to delete the zeros off their currency, which is the bank notes…that’s a redenomination.  So a 25,000 dinar now becomes a 25 dinar and it will look […]

What do you think, the dinar is trying to tank their entire economy?  Not going to happen…If they delete the zeros your 1,000 dinar is going to become 1 dinar.  Your […]

Yes the Iraqi dinar did pick up some value against the US dollar.  It shouldn’t be surprised, there’s a trade war going on.  I do like the fact that the […]

If you try to sell your Iraqi dinar back, you don’t want to go to [Online brokers]. If you can find a bank, they’ll do it at the currency rate.  They’ll […]

Article: “Iraqi politician proposes to the Sudanese to invite Trump to attend the Baghdad summit”  You’re not going to get Trump there but you could definitely get a representative there.

The only thing keeping Iraq back from having the exchange rate of $3.22 is Iraq…Sudani seems to be getting everything back on track.  Keep your fingers crossed that no more […]

Be careful…You’re not going to see the Iraqi dinar be above $5 per dinar.  You’re not going to see the Iraqi dinar at $4 per dinar.  You’re not even going […]

Is it going to redenominate?  Yeah, if they keep mentioning the deletion of the zeros.  The ‘removal’, the ‘deletion’ of the zeros that is a redenomination.  They’ve been talking about it going […]

Nothing is going to happen to the Iraqi bank note until the central bank digital currency is being launched.  That’s just common sense. Pimpy  

I have 5 million dinars.  Obviously if they delete the zeros that now becomes 5,000 dinars. If they do reinstate the rate that give me $15,000.  I don’t think I […]

Community comment: “Delete the zeros, that’s good, that’s off the exchange rate.”  No.  The deletion of the zeros is a redenomination.  I they redenominate they take the zeros off first.  You […]