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Dinarland Highlights – 10.24.26
MarkZ
[via PDK]
In Iraq The 2027 budget will reach Parliament next week…and they are extending the legislative term to get it done. Many people believe, including myself that the new rate is in this budget. I believe we may see the new rate next week.
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Ariel
Iraq’s 2027 budget is written in IQD because that’s the endgame sovereign currency, gold-backed, revalued, black market eliminated. But you don’t get there overnight. Right now Iraq still runs a dual-currency economy. USD circulates alongside IQD. The black market exchange rate exists because there’s a gap between the official rate and the street rate. That gap is the problem. Iraq can’t revalue IQD while the exchange rate is volatile. The peg to gold requires a stable domestic currency first. USD provides the anchor during the period where IQD is being positioned for revaluation. It’s scaffolding. You build with it, then you remove it.
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Mountain Goat
I am still hearing from Iraq that the CBI fully intends to remove the zeros from their dinar as early as the FIIRST quarter of 2027. We all know what this ultimately means to us. But we must be patient and realize lots can still happen to slow it down or delay it too. We must pray that nothing goes wrong…
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Jeff
IMO [exchange] tiers are not true, accurate and credible…I’m going to stand back on that. If you want to listen to others…and believe that tiers exist that’s a personal preference on your part.
Iraq is still on OFAC sanctions. That’s why they have to use the dollar for trade. They’re going to remain there. That’s the US’s form of collateral. [Iraq] remains on the OFAC sanctions until the rate changes…
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Reset Intelligence
Ask a bank to exchange Iraqi dinar and the answer is no. Some holders are told it is a scam. Some are told the bank has never heard of it. A few are turned away by the private desk as well…The no is not a verdict on what you hold. It is about where the dinar sits today.
What will the IQD revalue at? Nobody can promise you a number or a date. We plan on 1 to 1: 1 IQD, $1. Anything higher is a blessing on top.
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Clare (KTFA)
Article:
“The Iraqi dinar is the second worst-performing global currency against the dollar since the beginning of 2026”
Quote:
“The Iraqi dinar ranked second on the list of currencies that have declined the most against the US dollar since the beginning of 2026, with a decrease of 14.2%, according to data reported by Bloomberg, while the Libyan dinar topped the list with a decline of 15.6%…the Turkish lira came in third place with a decrease of 13.3%, followed by the Ugandan shilling with a decrease of 12.7%, and then the Egyptian pound with a decrease of 11.6%.”
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Sandy Ingram
Zimbabwe only gave people three weeks to exchange the old bank notes or the new Zigg currency that went up to 8 or 9 cents. If we can get that on the dinar that’s a lot of bucks, that’s a lot of profit...Zimbabwe’s economy was way way worse than Iraq ever has been but they were able to get their currency up to 8 or 9 cents per US dollar. But they only gave people 3-weeks to exchange. Will the Iraqi dinar licensed currency brokers in America be able to access the new currency quickly?
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Frank26 (KTFA)
Question:
“How much time do we have to exchange?“
Frank26: That’s your prerogative. I don’t think they’re going to give you two, three years. I think it will always be open. The United States of America got rid of its three zeros, but they’re still legal tender. But don’t be greedy IMO. I know you want it to go up and then you exchange, right? But what if it goes up and they change the rules on you? They can. Why don’t you change everything right away and then invest it properly…
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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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