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Dinarland Highlights – 7.26.26
Bruce (The Big Call)
[via WiserNow]
I do not have confirmation that we have new rates on the screens at the redemption centers, nor at the banks yet, but we do feel that is something that we need to have solid rates, not flashing …So typically, what happens is the Forex lights up with new rates on Wednesday or on Sunday…when it reopens in the United States… reopens at about five or 5:30 Sunday in the afternoon…and according to a particular source, we will see notifications early in the week, but have exchanges started no later than Thursday of this coming week…
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Frank26 (KTFA)
[Bank Story John and Mark Tampa Bay Florida]
I went to the Chase Bank on a Wednesday and asked...Are you going to be exchanging foreign currency? The lady at the teller said yes. I said, How are you going to verify it? She pointed over at a machine. I said, what is that? She goes, a De LaRue machine…I said would you mind verifying something on your machine? She goes, yeah, no problem. I just happen to have some [dinar] with me…On the…little screen..Iraqi dinar was IQD… I said, punch that one right there. She punched the IQD on the screen. She put the [dinar] money up at the top, ran it through, and it come up with the same amount that I gave her earlier. So, it verified the dinar? She goes, yeah, it’s all verified. She handed it back to me and pointed across…every girl at the teller line had that new De La Rue machine in front of them. Three of them and there’s one out back…She goes, we just got them in…She never done it before. I was the first one that she’s ever done that before to verified foreign currency…The first screen with the US on it was full of currency initials but she had to go to the second screen to get to the IQD.
On this day, July 25, 2026, It is my strong opinion…the monetary reform education to the Iraqi citizens has started today. I look forward to seeing so much more of it come out as this month comes to an end…
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Mountain Goat
Article:
“EXCLUSIVE: BAGHDAD SEEKS TO ESTABLISH A NEW ECONOMIC ERA WITH WASHINGTON”
Quote:
“…Iraq’s success in establishing security and extending state authority sends a reassuring message to investors and international companies, and lays the foundation for stronger economic relations with international partners, foremost among them the United States, which will reflect on development opportunities and create a more attractive environment for capital.”
Can you say RV, can you say WTO? WOW!
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Stephen
Community comment:
“Stephen, my bank doesn’t verify currency on site. They said they have to send it off.”
Do not allow that to happen…Maybe you have to drive an hour. If that’s the case so be it. You’re going to find out which branches verifies the currency and can do the exchange right there for you. Again, if that money leaves your sight…this can go wrong and things could happen…We’re talking about potentially tens…hundreds of thousands, millions of dollars. That’s nothing to mess around with. You want to be very very careful.
Historically speaking, other countries who have done redenominations or revalues like Kuwait…their time period to exchange was roughly 47 or 48 days. That’s very very quick.
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Clare (KTFA)
Article:
“Iraqi Dinar Strengthens as Iranian Toman Plunges Amid Tensions“
Quote:
“The Iraqi dinar has recorded notable gains against the U.S. dollar, while the Iranian toman continues to lose value due to escalating conflict conditions…Last week, the dinar showed a sharp upward trend. At the start of the week, 100 dollars traded for 153,500 dinars, but by Tuesday, July 21, 2026, it had dropped to 149,500 dinars, and in some cities like Baghdad and Basra even to 149,000. Currently, the rate is stable between 150,000 and 151,000 dinars. Since the beginning of the month, the dinar has regained about 4,000 dinars per 100 dollars.”
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Guy
It’s very clear in the last week we’ve had roughly 10 years worth of solid news packed in one week. For those of us who’ve been invested for a long time…if you’re a new investor, trust us, we’ve never seen this much movement ever, ever…it just wasn’t the prime minister. He had the Governor of the Central Bank, his finance minister, an entire delegation of economic advisers and finance people…There were a lot of back channel meetings going on. We don’t know what happened but why would they be having those unless something’s going to move?
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Reset Intelligence
Iraq’s prime minister signed a rail line to carry trade into Iran, and in the same week let a US-led group begin engineering…the Kirkuk to Baniyas line out to the Mediterranean…Baghdad is turning itself into the crossroads the whole region has to run through….The dinar is the currency sitting on that ground, still priced from before any of this was signed.
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Jeff
REER means Real Effective Exchange Rate. Depending on where the country’s inflation is, is going to determine the direction the rate is going to go, whether it goes up or down. Iraq has…almost no inflation so the REER is going to go in a positive direction through a redenomination. There’s nothing to worry about here.
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MilitiaMan
[Dropping zeros can] make the parallel informal market nervous. Hypothetically if they readjust the value of the currency and they drop one zero…two zeros…three zeros it’s going to be painful for anybody that hold a [U.S.] dollar. Because once that denomination changes they can apply the real effective exchange rate…That’s where the risk comes into play. This is to stimulate those folks [holding onto U.S. dollars and not dinar] to wake them up. If you’re going to get c****t with a large amount of dollars and they change the real effective exchange rate, those dollars are going to be worth a lot less [dinars].
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Samson
Article:
“FOR THE FIRST TIME, NON-OIL REVENUES RECORD THE HIGHEST CONTRIBUTION TO IRAQ’S FINANCES AT 16%”
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Thom
Question:
“The current rate is 1310, so what kind of rate are we looking to see?”
Thom: In my personal opinion, I believe the new REER will exceed Kuwait’s rate of $3.26.
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
https://www.dinarguru.com
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