Iraqi Dinar Guru Updates, Investment, News, Opinions, and Intel (02-6-2024) (2024)

These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinion

According to Iraqi Dinar Newshound Guru Clare :

Article: “Approaching official: Sudanese advisor outlines steps to lower parallel market exchange rates” Quote: “He emphasized that the parallel market has started to converge with the official exchange market, and there is a clear trend and encouraging beginnings.”

According to Intel Guru MarkZ :

[via PDK] This is our month, so many individuals in the financial industry have told me. No one is aware of the exact moment, yet something tells me they are right on. We’re probably in the final few weeks or days.

According to Iraqi Dinar Newshound Guru Pimpy :

One of Vietnam’s main issues is corruption. Although Vietnam’s situation is significantly worse than Iraq’s, the country is undoubtedly further ahead in terms of its economy and is not subject to any sanctions. All they need is a reason to wish to see their Vietnam dong’s value rise.

According to Intel Guru Frank26 :

Should I hold the position of CBI, I will inform my kids that I will be providing them with images of the upcoming small category notes.The last thing we need is widespread misunderstanding, so if I were the CBI, I wouldn’t offer them both the new currency and the exchange rate at once.If I were the CBI, I would have informed all of my banks and children to be ready within the next week or so, on Tuesday and Friday of last week.Making sure that everyone outside of Iraq is aware that we are going to be retrieving our 3-zero notes is the next step in the monetary reform, if I were the CBI.This is already the directive being given to Iraqi civilians.

According to Iraqi Dinar Newshound Guru Militia Man :

According to the article, “Iraq is better off now every than it’s in its financial history.” Even at program rates, based on our observations and past experiences, the central bank has most likely fulfilled its promised duties.In summary, Iraq possesses gold deposits and additional natural resources that are either proved or likely.That is really significant.

According to Intel Guru MarkZ :

[via PDK] We’ve been informed that “Denomination specimen sheets” are displayed at Iraqi banks. This document displays the new lower denomination money along with images of every characteristic.We are getting very close if Iraqi banks are really doing this.

According to Iraqi Dinar Newshound Guru Clare :

The article: “A government advisor details indicators of the efficiency of foreign reserves: Iraq is in the best financial condition” According to the quote: “All indicators of the efficiency of foreign reserves mentioned above indicate that Iraq today is in the best condition in its financial history.”

According to Newshound/Intel Guru Walkingstick :

[Update from Iraqi Bank Friend Aki] Aki [together with his supervisor Number One] attended the meeting on Thursday along with all the other bank representatives in Iraq. “Gentlemen, we’ve been seeing some articles that suggest maybe we’re looking at about two more months away,” was the one question we had for them. [They said] “NO!” Who said that to you?

According to Iraqi Dinar Newshound Guru Pimpy :

Is it conceivable the swapping scale of the Iraqi dinar increments and out of the blue we can’t profit from it here in the west? …I need to bring in cash off the Iraqi dinar however not to the detriment of the Iraqi public. What’s most significant is that individuals in Iraq succeed from this, they’ve been experiencing a long time…As far as individuals in the west not experiencing this riches, the main thing I can imagine is the conversion scale changing and out of the blue Iraq is still on sanctions so we struggle with tracking down a spot to trade our Iraqi dinar in light of the fact that a many individuals won’t have the means to go fly somewhere else to exchange…That would be a situation I feel that could work out…

According to Intel Guru Frank26 :

[Georgia Truist Bank story follow up from last week] BANK Guest: The woman I should be talking with was out with this season’s virus… [A new monetary advisor] calls me and truly it was somewhat befuddling in light of the fact that the guy…acts as he probably was aware nothing. He even stated, “I’m pretty sure this is a hoax.” FRANK: First recording [story]…the woman says we know, we’re getting ready. Here is at the very keep money with another official that says [the opposite]…The same bank, you had individuals that understand what’s happening and afterward you have someone else that doesn’t have the foggiest idea what’s happening. One gives positive data and one gives negative data. Both come from the same place. That is the issue with a speculative venture. The proof is out. It’s anything but confidential…

According to Iraqi Dinar Newshound/Intel Guru Mnt Goat :

..I spoke with my CBI liaison.I was informed that the newly implemented asset-backed Quantum Financial System (QFS) will decide the rate in the same manner as it has done so throughout. It was implemented in 2011–2012 and is currently operational every day. Technically speaking, they haven’t yet connected or mapped these new rates into any foreign exchange services. We’ve been waiting for this. Many refer to these rates as “baskets” or “groups” of currencies because not all of them will be available at once. The intention is to gradually implement these new rates over the next years and map them to foreign exchanges as the new market rates. [Post 1 of 2….stay tuned]

According to Intel Guru RayRen98 :

STORIES ARE AVAILABLE INDICATING AN INCREASE IN THE PACE OF RATE INCREASES. AFTER ALL, THIS WEEK SEEMS TO BE VERY GOOD. VERY much so!

According to Iraqi Dinar Intel Guru MarkZ :

Will there be a service charge at the redemption center? MarkZ: I’ve been informed that there would be a pre-negotiated rate at participating redemption banks and centers. It is going to be better for us than standard bank spreads of up to 10%. I was informed this by bank employees who had received this training.

Iraqi Dinar Guru Updates, Investment, News, Opinions, and Intel (02-6-2024) (2024)

FAQs

What is the prediction for Iraqi dinar in 2024? ›

Will US Dollar get stronger against Iraqi Dinar in 2024? US Dollar is expected to drop by -4.34% against the Iraqi Dinar by the end of 2024, as the IQD/USD rate is expected to reach $ 0.000731.

What is the forecast for Iraqi dinar to USD? ›

Iraqi Dinar is expected to drop by -0.24% against the US Dollar by the end of 2024, as the USD/IQD rate is expected to reach IQD 1,304.87.

What is the new rate for the Iraqi dinar? ›

1 IQD = 0.000762 USD Jun 11, 2024 17:58 UTC.

Is it worth investing in Iraqi dinar? ›

The bottom line. Buying the Iraqi Dinar as an investment is extremely risky and should be avoided. There is a high degree of uncertainty when it comes to the future development of Iraq, and the Iraqi Dinar has very poor liquidity.

Is the Iraqi dinar ready to revalue? ›

Although it is possible that the dinar could rise in the distant future, there are many other investments with lower risks and higher rewards. When Iraq's very survival is at stake, currency revaluation is unlikely to be on the agenda.

What is the dollar rate forecast for 2024? ›

Will Philippine Peso get stronger against US Dollar in 2024? Philippine Peso is expected to rise by 13.42% against the US Dollar by the end of 2024, as the USD/PHP rate is expected to reach ₱ 66.53.

How much is $1000 USD in Iraqi dinar? ›

1,310,000.00000

How much is 100 dollar bill in iraqi dinar? ›

Download Our Currency Converter App
Conversion rates US Dollar / Iraqi Dinar
100 USD131,000.00000 IQD
250 USD327,500.00000 IQD
500 USD655,000.00000 IQD
1000 USD1,310,000.00000 IQD
8 more rows

Can I exchange my Iraqi dinar in the United States? ›

Major banks do not offer trade-in Iraqi dinars. IQD is only available for purchase or sale by selected brokers or money exchangers, who may or may not be legally authorized. As mentioned, the brokers or money exchangers typically charge a fee of 30% or more over and above the authorized exchange rate.

How many Iraqi dinar does it take to make one US Dollar? ›

1 USD = 1,310 IQD Jun 01, 2024 07:21 UTC

Check the currency rates against all the world currencies here. The currency converter below is easy to use and the currency rates are updated frequently.

Does Wells Fargo exchange Iraqi dinar? ›

No, Wells Fargo does not buy or sell Iraqi dinar, Vietnam dong, or Zimbabwe dollar. Go to our rates page https://www.wellsfargo.com/foreign-exchange/currency-rates/ for a complete list of foreign currencies available.

What is the future value of Iraqi dinar? ›

The Iraqi Dinar is expected to trade at 1311.83 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 1317.34 in 12 months time.

Does Bank of America buy Iraqi Dinar? ›

Bank of America, N.A. does not buy or sell Iraqi dinar banknotes or Vietnamese dong banknotes, and currently has no plans to offer this service in the future.

Is Iraq joining BRICS? ›

However, there are numerous obstacles to becoming a part of the club. These include Baghdad's overreliance on oil exports and limited trade with some founding BRICS members. Such hindrances mean Iraq is unlikely to join the bloc any time soon.

Is buying dong a good investment? ›

So, the dong does not appear to be a good investment based upon its risk-reward profile either.” History also suggests buying dinars and dongs is not an effective buy-and-hold strategy either. “With transaction fees and spreads included, one would have lost money if they bought either the dong or dinar 10 years ago.

What is the future value of the Iraqi dinar? ›

The Iraqi Dinar is expected to trade at 1311.83 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 1317.34 in 12 months time.

How much is 100 dollar in iraqi dinar new? ›

Convert US Dollar to Iraqi Dinar
USDIQD
100 USD130,800 IQD
500 USD654,000 IQD
1,000 USD1.31M IQD
10,000 USD13.08M IQD
5 more rows

How much is 2000 000 iraqi dinar in dollars? ›

Options
IQDUSD
coinmill.com
2,000,0001522.39
5,000,0003805.97
10,000,0007611.94
14 more rows

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