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Dinarland Highlights – 9.4.26
Bruce (The Big Call)
[via WiserNow]
…we understood that we had transport planes of new lower denominations that we print here in the U.S. for Iraq, and we’ve done it since the beginning of their new Iraqi dinar in 2003, by the way. So what what’s amazing…is I think that those transports… landed last Monday and Tuesday a week ago in Iraq with new lower denominations that would be used in the ATMs, also in the merchant shops, restaurants, etc. and those were to be disseminated and brought out. But to make the lower denoms really work, Iraq has to have a new revalued dinar rate in country, and what I don’t know…is has that occurred? Has that occurred in country? So we don’t really know…whether we have a newly revalued dinar…
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MarkZ
[via PDK]
We are waiting around at the edge of our seats to see when the shoe drops. I heard that redemption Center folks/wealth managers are working this weekend. They were told to expect to work. They will be following up on some accounts this Saturday and reaching out to folks over the weekend. These same folks have also been trained on the exchange equipment and all the processes. And the currencies they trained on were Dinar, VND and Indonesian currencies. They did not train on Zim and bolivar, so I guess we wait to see what happens.
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Mountain Goat
Article:
“IRAQI GOVERNMENT MAY INTRODUCE A NEW CURRENCY IN 2027”
Quote:
“This development comes amid ongoing regional and domestic economic pressures, making 2027 a potential turning point for Iraq’s monetary policy.”
…in this recent article from Baghdad… we learn of the urgency of completing the removal of the zeros.
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Jeff
Forget about Delarue machines specifically. All that is a generic currency counting machine. It’s like a car, you have so many cars you can drive…All you care about is that your bank has foreign currency counting machines that can count, authenticate and sort the currency for you. That’s all you care about.
They’re about to go international, change the rate…good stuff. Everything is ramping up. They’re getting ready to push the money change button.
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Reset Intelligence
The exchange rate in Baghdad is not only a market number. It is written into law through the budget. The 1,300 every holder knows by heart has sat there since June 2023, because no government finished a successor document. Its replacement now has a start date, a submission date, and a committee working weekends…Tomorrow morning, in a committee room at the Federal Ministry of Finance, Iraq starts writing its 2027 federal budget.
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David
This is a very real investment. It’s not a scam. It’s not a hoax. It’s not a bunch of smoke and mirrors, because you’re holding a currency that is the national currency of a sovereign nation. Period. It’s not Monopoly money. It is the real thing…
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Frank26 (KTFA)
Question:
“Once they release the smaller notes in the country will the older notes with the three zeros be so obsolete that they will not be taking them back anymore?“
Frank26: The moment they raise the value, the moment they show them lower notes, those three zero notes, ‘Get this out of my face. Give me that [smaller denomination notes]. These three zero notes have the power of one penny. Those LD, 5, 10, 20 have the power of one dollar.’ And I think it’s going to be more than a dollar in country.
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Guy
There are millions who own [Iraqi dinars] in [the United States] alone…The retail banking system has to physically accept you, make an appointment, have you come in, inspect your currency, count it, certify it, verify it and then exchange it and then deposit the money into your account. They need time. So personally I think it’ll be the dinar first, then there’ll be a pause between two to four weeks and then all the other [currencies -Vietnam, Indonesia and Venezuela] will go at once.
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Thom
The main things I am watching for are… Redenomination/Reinstatement/Revaluation…HCL/2027 Budget…Appointment of Ministry Roles…Troop withdrawal.
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Stephen
I approach [the dinar] through a lens of skepticism. I like to verify things. Everything I look at is verification, not rumors, not hype…
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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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