Sandy Ingram

Iraq has a huge, large, big problem, trouble… Article:  “US warns Iraq: Disarm Militias by Sept. 30 or dollar transfers stop”   Iraq got a financial ultimatum that is hanging over its […]

A country attempting to strengthen its currency and attract international investment needs security, political stability, functioning institutions and protections of its economic infrastructure.  Iraq is now moving towards taking greater responsibility […]

Re-denomination changes the numbers [on the notes].  Revaluation changes the exchange rate…The words, ‘deleting the zeros’ does not by itself mean the Iraqi dinar is about to experience a major […]

I have not found an official central bank decree approving the deletion of the zeros.  We do not have an official implementation date.  We do not have an official adopted […]

There is no official announcement   saying deleting the zeros would increase the real  purchasing value of the Iraqi dinar.  :Sandy Ingram   

The governor of the Central Bank of Iraq has now publicly addressed the issue of changing Iraq’s currency and deleting the zeros…There appears to be two separate issues being discussed.  […]

The Untied States just sanctioned a Turkish bank accused of providing Iran with a critical financial lifeline.  Could Iraqi banks be next?  The answer is yes…Reuters recently reported Iraq could […]

Many IQD investors have been told that when they experience a profit on their exotic currency investments there will be no taxes.  One of the reasons for this misinformation is […]

Re-denomination and revaluation do not mean the same thing…A re-denomination changes the numbers printed on the currency, usually by removing zeros…Your purchasing power does not automatically increase.  If 1,000 old dinars equals […]

The currency of Venezuela is similar to what happened to us with Zimbabwe’s currency.  Lots of currency for sale…in the country of Venezuela is no longer used and is basically worthless.Sandy […]

The Central Bank of Iraq cannot control the economy of Iraq unless they have control over the bank notes…The Iraqi people have thus far refused to put their money into […]

President Trump announced what he called the biggest oil deal in world history involving more than 65 billion barrels of proven Venezuelan oil reserves…With the instability in the Middle East […]

We think Venezuela could become the next Panama as far as the currency is concerned.   Over the last two weeks Venezuela’s currency [Boulivar] has mostly been stable…Venezuela is experiencing […]

Iraq has postponed disarming militant groups.  Iraq is indicating it wants to wait until the Americans leave…The Financial Times reported the Trump administration warned Iraqi political leaders Washington would cut […]

Importing…revenues are scheduled to exceed…$2.6 to $2.7 billion by the end of 2026 which will be the highest annual customs revenue in Iraq’s entire history…Reform paid off big…Iraq implemented the […]

It’s not the news we were hoping for…The new regional Central Bank of Iraq’s governor told parliament’s finance committee that Iraq’s foreign currency reserves have fallen from approximately $109 billion to […]

I personally am hoping and looking for international currency brokers to be available in the United States to exchange the new Iraqi dinars for the old banknotes.  They’re going to […]

Yes, the intention is to reprint the currency…You know that has been one of my most major concerns surrounding the Iraqi dinar.  If they reprint the currency…the question becomes how […]

Venezuela has seen some improvement in oil production but the currency continues to face inflation and economic challenges not to mention recovering from two major earthquakes back to back.  Because […]

We should not assume deleting 3-zeros will automatically mean a major increase in the value of the dinar…What we need to watch is for an official announcement from the Central […]

The IQD is a closed currency.  That means it’s used in its own country and not in other countries…Once you leave Iraq there are not a lot of places that […]

Iraqi TV was preparing people for the deletion of the zeros…But I want to make sure you understand the difference between what Iraq is discussing and what Iraq has actually […]

Community comment: “You, we, I will be able to exchange the IQD at any international airport.” Sandy Ingram:  I also believed this for almost two years.  This is not true.  I am […]

There has been no announcement of new banknote denominations.  There are no official instructions explaining how the current Iraqi dinar notes would be exchanged.  And there has been no announcement […]

Conflicting breaking news coming out of Iraq.  We have one report saying the Iraqi government has decided to remove the zeros.  They’ve been talking about this for decades.  But then […]

No matter what you’re doing between now and the first quarter of 2027 do not, and I repeat, do not sell your Iraqi dinars. [Dinar guru note:  Unless it increases in […]

Iraq’s government is trying to bring all weapons under government control by September 30, 2026.  The goal is for only Iraqi officials, military and police to carry weapons.  These armed […]

We cannot rely on Kuwait’s storyline.  Kuwait was never ever under sanctions, occupation or limitations other than what Saddam did to them.  Plus Kuwait has never really had an Iran […]

The problem with comparing the dinar of decades ago with today’s dinar ignores major changes in Iraq’s monetary system, economy and the amount of IQD banknotes scattered around the world.  […]

I am an IQD investor who believes this investment would help me fund my retirement.  I am an experienced U.S. tax professional with the Department of Treasury for over 25 […]