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Dinarland Highlights – 8.17.26
Wolverine
For some time the Iraqi Dinar has been trading upward on the back screens of the Forex.
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Tishwash (TNT)
Article:
“Parliamentary Finance Committee: Removing zeros from the Iraqi dinar is under discussion at the Central Bank”
Quote:
“…removing zeros from the Iraqi dinar is being discussed in the corridors of the Central Bank…the project is linked to the goal of raising the purchasing power of the dinar…“
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Ariel
Article:
“Official News: Iraq’s Minister of Communications, Mustafa Sand, confirms the issuance of a decision to change the currency and remove zeros from it”
You Have Officially Heard On Record A Iraqi Official Announce This. Do you see how close we are to finally seeing our long term investment finally making it’s break for the international Forex Market?
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Clare (KTFA)
Article:
“Iraq to Drop Zeros From Its Currency as Dinar Redenomination Returns?”
Quote:
“Iraq’s Communications Minister Mustafa Sanad says Iraq has decided to remove zeros from the dinar and reprint the currency, but the Central Bank remains the country’s monetary authority and has not publicly confirmed a timetable…What Would Removing Zeros Mean? …under a hypothetical three-zero adjustment, 1,000 old dinars could become one new dinar, with prices, wages, bank balances, contracts and other financial values adjusted proportionally… removing zeros would not automatically make the dinar more valuable…an item costing 50,000 old dinars could simply be priced at 50 new dinars after three zeros were removed.”
Article:
“Removing zeros from the Iraqi currency: A recovery plan or a threat to purchasing power?”
Quote:
“Iraqi government’s move to revisit the project of removing zeros from the dinar has sparked widespread debate and concern in the markets, amid questions about the repercussions of this step on the currency’s value, prices, and savings…In recent hours, Iraqi markets have been gripped by anxiety following statements by Communications Minister Mustafa Sanad regarding the removal of zeros and the currency change“
Article:
“Iraq Struggles to Contain Volatile Dinar Currency Disparity”
Quote:
“The Iraqi dinar reached its peak value during the 1970s when one dinar was worth four U.S. dollars. Conflict and economic embargoes during the 1990s caused the currency to crash to 3,000 dinars per dollar. The Central Bank fixed the official rate at 1,320 IQD, but parallel market rates remain high at 1,530 IQD…Decades of geopolitical conflict, sanctions, and market resistance have left Iraq unable to bridge the gap between its official 1,320 IQD peg and parallel market rates exceeding 1,530 IQD, cementing a historic decline from its four-dollar peak in the 1970s.”
Article:
“Removing zeros from the Iraqi dinar: monetary reform or cosmetic makeover?”
Quote:
“Salam Zaidan, a member of the Iraqi Banks Association, says that the main function of removing zeros is to reduce the number of digits and facilitate calculations; so instead of the budget being approved with figures amounting to trillions of dinars, it becomes billions, and a salary of one million dinars, for example, becomes 100,000 of the new unit if the removal is limited to one zero in the example, or one thousand when three zeros are removed.”
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Stephen
We have had a very interesting and very exciting 24 hours with breaking news coming out of the country of Iraq [See Guru Stephen’s 2-part 8-16-2026 post]
…An Article broke saying the Communications Minister was on record saying Iraq is planning to change the currency…Iraq is not going to tell you if they’re going to revalue their currency ahead of time. It’s never going to happen. If you’re waiting for Iraq to come out and say, ‘Hey guys we’re going to revalue the currency on September 5th, go buy as much as you can.‘ It’s never going to happen…It would be an economic b***d bath for them…If [the communications minister] is publicly releasing this information guess what? The CBI is probably moving on a lot of big things…I’m expecting the CBI to make a statement within the next 24 to 72 hours supporting this statement from the communications minister.
It’s not as plainly as saying they’re going to take the three zeros off the dinar notes and that’s it. That would be a net neutral event. That wouldn’t help anyone whatsoever. The Iraqis wouldn’t have increased purchasing power, as foreign investors, we wouldn’t benefit at all. If they wanted to redenominate and chop the three zeros off they could have done this a long time ago…They’re referring to a change in overall monetary and economic policy. That includes changing out the currency…introducing new banknotes…exchange rate changes as well…
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Omar
The decision has been made. The currency will change and the zeros removed…The new currency began arriving in Baghdad 10 days ago after it had been contracted for printing long ago. The surprise isn’t in the removal of the zeros, but in the speed, suddenness and mechanism of the switch so that no time is left to convert trillions of hoarded dinar into real estate, gold or smuggling them out of our banking system…When they come to our banks we are trained to ask them where did you get this 3 zero notes from? And to prove to us the source of those 3-zero notes, then we will turn them into colored papers.
They’ve gone from denial constantly telling us we will never remove the three zeros from our currency now to telling us on the television from the finance committee that removing the zeros from the Iraqi dinar is under discussion at the central bank. We know it’s not under discussion because they just told us that it is completed.
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Jeff
Record articles talking about deleting the zeros. They’re saying right now it’s actually agreed upon. We can’t say it’s approved because it hasn’t gone through parliament. But it’s a decided upon…not approved.
Deleting the three zeros means strengthen smaller notes…so that smaller notes after the rate has changed can do what large notes did before the rate changed. The only way to increase the purchasing power in country is to strengthen the Iraq dinar against foreign currencies outside of Iraq…
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Samson
Article:
“ECONOMIC OBSERVATORY: GOVERNMENT SILENCE REGARDING ‘CURRENCY CHANGE’ IS CONFUSING THE IRAQI DINAR MARKET”
Article:
“PARLIAMENTARY FINANCE COMMITTEE : REMOVING ZEROS FROM THE IRAQI DINAR IS UNDER DISCUSSION AT THE CENTRAL BANK”
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Reset Intelligence
Saturday night in Baghdad, Iraq’s Minister of Communications, Mustafa Sanad, went on the iNews channel and told the country that the decision has been issued. The currency is changing, and the zeros are coming off…Iraqi ministers do not freelance monetary policy on live television and keep their jobs. A statement like that only survives if the thing behind it is real, and nobody in Baghdad has walked it back. The economists on Iraqi airwaves spent Sunday arguing about how and when to do it, not about whether it exists. The formal announcement, when it comes, belongs to the Central Bank, and that is the piece we wait for…
One meeting changed Iraq’s currency. No vote, no warning. Back in February 2023, Iraq’s prime minister sat with the central bank governor and moved the exchange rate from 1460 to 1310 in a single night. No press conference. No parliamentary vote. By April 2026 the same two men were being positioned to sit in that room again…
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MilitiaMan
They’re talking about strengthening the position of the Iraqi dinar. If you’re going to remove zeros, you’re not strengthening anything – it’s a redenomination. It’s like a reverse split in stock. But when you add a Real Effective Exchange Rate to it, now we’re talking about strengthening the position of the Iraqi dinar.
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Sandy Ingram
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.
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Kaperoni
Article:
“The Iraqi government is studying the deletion of three zeros from the dinar so that every thousand current dinars equals one new dinar”
These kind of articles come out every few years. IMO, these articles are to curb speculation. Though it has always been a possibility, the CBI is not making such a statement and it does not reflect the current economic actions of the government or the central bank.
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Frank26 (KTFA)
As more days go by the song of the monetary reform will grow louder and louder with more and more information…It is all being shown to them [Iraqi citizens] right now…Next you will see the coins with the lower notes.
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Pimpy
There’s no guru out there that knows more about the Iraqi dinar and currencies than me…We’re talking about the deletion of the zeros. I’m in the same boat as you guys. I’m invested in Iraqi dinar. I’m telling you we don’t want them to delete the zeros. That’s what we don’t want to see happen. But there’s a very good possibility because they keep bringing the article up over and over that they’re going to delete the zeros.
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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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