#iraq dinar revaluation

[finance-financialtips]

Understanding Iraq Dinar Revaluation Rates in Australia

The Iraqi dinar has been a topic of growing interest for individuals and investors worldwide, including in Australia. Currency revaluation is appealing, raising questions about economic stability, financial growth, and potential investment opportunities. Understanding the dynamics of Iraq's dinar revaluation rates can shed light on what drives changes in currency value and how it affects individuals in Australia.

What Is a Currency Revaluation?

Currency revaluation occurs when a country's monetary authority adjusts the value of its currency relative to other currencies. This often reflects a shift in economic conditions, stabilises the economy or enhances trade competitiveness. For Iraq, discussions around the dinar's potential revaluation revolve around its resource-rich economy and efforts to recover and strengthen its financial system following decades of economic challenges.

Factors Influencing the Iraqi Dinar

Several factors contribute to the Iraq dinar revaluation of the Iraqi dinar. Iraq's economy relies heavily on oil exports, making global oil prices a critical determinant of its financial stability. High oil revenues often strengthen the national currency, whereas fluctuations in oil prices can lead to volatility.

Political stability also plays a significant role. As Iraq works toward building a more secure and stable governance framework, confidence in its currency could grow, potentially influencing revaluation prospects. Additionally, economic reforms, investment in infrastructure, and efforts to diversify the economy beyond oil can have a long-term positive impact on the currency's value.

Why Australians Are Interested

Australians are increasingly exploring the potential of investing in foreign currencies, including the Iraqi dinar. The allure of high-risk, high-reward investments often fuels this interest. The possibility of the dinar undergoing a significant revaluation captures the attention of individuals willing to speculate on emerging market currencies.

For Australians, the revaluation of the Iraqi dinar offers more than just financial potential. It also reflects global economic interconnectedness and highlights the importance of understanding international markets. Whether driven by curiosity, financial aspirations, or a genuine interest in Iraq's economic development, the topic has sparked conversations among Australians seeking to broaden their financial knowledge.

Positive Developments in Iraq

In recent years, Iraq has been making strides toward economic recovery. Initiatives to stabilise the banking sector, encourage foreign investment, and improve fiscal management signal positive progress. The government's focus on rebuilding infrastructure and fostering international partnerships contributes to a more optimistic economic outlook.

These developments could translate into a more stable and predictable currency environment for the Iraqi dinar. While revaluation is never guaranteed and remains subject to complex economic and political factors, the steps being taken by Iraq offer hope for a stronger currency in the future.

Considerations for Australians

For Australians interested in the Iraqi dinar and the potential Iraq dinar revaluation, it's essential to approach the topic with an informed perspective. Currency speculation carries inherent risks, and understanding the broader economic context is crucial. Monitoring global oil markets, keeping up with Iraq's political and economic reforms, and seeking reliable financial advice can help individuals make well-informed decisions.

It's also worth considering the long-term potential of the Iraqi dinar as Iraq continues its path toward recovery and growth. A gradual strengthening of the currency, supported by consistent economic reforms and stability, could present opportunities for those with a forward-looking mindset.

A Shared Economic Story

The Iraqi dinar's potential revaluation is more than just a financial topic—it represents a shared story of resilience and growth. For Australians, understanding this journey offers insight into global economic trends and the impact of collective efforts to rebuild and strengthen nations. While the road to revaluation may be complex, the broader narrative is optimism, determination, and possibility.

Iraq dinar revaluation rates hold a unique place in financial discussions, especially among Australians eager to learn about international markets. With careful consideration and informed decision-making, they provide a fascinating lens through which to explore global economic dynamics.

[siliconpalms]

Iraq's Economic Rebirth: Exploring the Possibilities of Dinar Investment

Iraqi Dinar speculation has been a topic of considerable interest for investors and currency traders over the past few years. This blog post delves into the reasons behind the predictions of a significant return on investment and the factors that fuel such speculation. Understanding the Iraqi Dinar The Iraqi Dinar (IQD) is the official currency of Iraq. Historically, the value of the dinar has…

[truth4ourfreedom]

THE NEW GLOBAL FINANCIAL SYSTEM IS COMING!!!!

Masters of the GCR/RV: The Financial Revolution Unfolding!

The Global Currency Reset (GCR) and Revaluation (RV) are not just financial terms—they represent a profound shift in the global economy. Exotic currencies like the Zimbabwe Dollar, Iraqi Dinar, and Vietnamese Dong, once dismissed, now stand at the center of this seismic transformation. Coupled with the Quantum Financial System (QFS) and the groundbreaking NESARA GESARA Act, these forces are dismantling the corrupt financial structures of the past and ushering in a new Golden Age.

Zimbabwe Dollar: Rising from the Ashes Once a symbol of economic collapse, the Zimbabwe Dollar (ZWL) is poised for resurgence. Backed by vast natural resources, including gold and diamonds, its revaluation could redefine wealth distribution globally.

Iraqi Dinar: A Powerhouse in Waiting The Iraqi Dinar (IQD), suppressed by decades of conflict, is ready for a comeback. Iraq’s immense oil reserves position the Dinar for a historic rise, turning its holders into potential beneficiaries of immense wealth.

Vietnamese Dong: The Silent Contender The Vietnamese Dong (VND) may be undervalued today, but Vietnam’s booming economy and strategic global role make this currency a sleeper hit in the GCR.

The Quantum Financial System (QFS): A Game-Changer The QFS is not just a financial system—it’s a technological revolution. Designed to eliminate corruption and provide transparency, it promises security and fairness. XRP and XLM, digital assets tied to this system, are set to replace outdated financial instruments, making them prime opportunities for savvy investors.

NESARA GESARA: A Blueprint for Global Equity This monumental reform package aims to forgive debts, redistribute wealth, and establish a gold-backed currency system. With mandates for humanitarian projects, it’s not just about money—it’s about building a better world.

Tier 4B: The Informed Few vs. Tier 5: The Oblivious Masses The informed Tier 4B, aware of these shifts, stands ready to benefit. In contrast, Tier 5, tethered to outdated systems, remains blind to the change. This is an Information War, and knowledge is your most valuable asset.

The Time to Act Is Now! The GCR/RV isn’t speculation—it’s happening now. The future belongs to those prepared to seize the moment. Will you rise to the occasion, or will you be left behind? The choice is yours.

Join and share my channel immediately: https://t.me/JulianAssangeWiki

-------------------------------------

From truth4ourfreedom:

I have heard about this change for what seems like months. When will it happen? And will the global elites and big banks go along? Time will tell!

[iraqdinar]

When will the Iraqi Dinar Revalue? (Bing’s AI Tool)

Today, I became curious after months of+*/ hearing about arificial intelligence, chat bots, Open AI, ChatGPT, etc. I decided to indulge my own curiosity and also assess just how intelligent these artificial brains really are. The first one I played around with is one created by Microsoft’s Bing.

I posed the following (loaded) question: When will the Iraqi Dinar revalue?

The answer it gave me wasn’t particularly impressive, however, when I first attempted to write this post my browser froze and I lost everything. Interestingly, while the gist was the same, the second time I asked the idenical question I got a slightly different answer.

That answer is below, make of it what you will:

The Iraqi Dinar has been a topic of speculation for many years. The Iraqi Dinar Revaluation (RV) is a theory that the Iraqi Dinar will one day be worth a lot more than it is today. The RV theory is based on the belief that the Iraqi Dinar was artificially devalued by the Saddam Hussein regime in the 1990s, and that it will be revalued to its true value once Iraq becomes a stable and prosperous country².

However, on February 7th, 2023, Iraq's cabinet approved a currency revaluation and set the exchange rate at **1,300 dinars per U.S. dollar**³⁵.

Source: Conversation with Bing, 7/1/2023

Umm... What was the rate before it was 1300-1?

I guess noboddy mentioned to it what the rate had been before the government set t at 1,300 dinars to $1. Most people would consider an 11% ROI pretty good for year’s investment. IQD appreciated that much against the US dollar in one day when it was set at 1300-1. So at leats in 2023, if you buy Iraqi dinar you haven’t lost anythign this year, and appear poised to see your patience pay off like so many of us have long hoped.

Here is what it said when I asked what the rate had been prior to being changed to 1300-1 (it was 1468-1, but Microsoft Bing didn’t know and couldn’t figure that out). The response is as follows: 

I couldn't find the exact exchange rate before it was set at 1,300 dinars per US dollar on February 7th, 2023¹. However, the Iraqi dinar was equal to US$4.86 between 1932 and 1949 and equalled to US$2.80 between 1949 and 1971 after being devalued in 1949²³. I hope this helps.

Source: Conversation with Bing, 7/1/2023 (1) 1,300.00 IQD is equal to 0.99 USD. https://bing.com/search?q=iraqi+dinar+exchange+rate+before+1%2c300+dinars+per+US+dollar. (2) IQD/USD: Iraq Revalues Dinar Currency Weeks After Replacing Central .... https://www.bloomberg.com/news/articles/2023-02-07/iraq-revalues-currency-weeks-after-replacing-central-bank-s-head. (3) Iraq lowers dollar-dinar exchange rate - Al-Monitor. https://www.al-monitor.com/originals/2023/02/iraq-lowers-dollar-dinar-exchange-rate.

I couldn’t have just let this go without sending feedback to the AI’s operators and developers.More on that in the next post...

[dinaritexch]

Deletion of Zeros – Iraqi Dinar revaluation – Is it good for the Iraqi Dinar?

Currency redenomination through zero deletion has transformed economies worldwide. For example, Turkey successfully reformed its lira, and Brazil stabilized its currency. Currently, Iraq stands at a crucial crossroads. It is considering a similar path for its dinar through the deletion of zeros—a move that could reshape its economic landscape. 

The Iraqi dinar, which once traded at 3 dinars to 1 US dollar in the 1980s, has seen significant devaluation over decades. As a result, the Central Bank of Iraq is evaluating a comprehensive currency reform initiative that would remove three zeros from the dinar’s denomination. This potential Iraqi Dinar Revaluation raises important questions about economic stability, market confidence, and Iraq’s financial future.

This article examines the implications of zero deletion for the Iraqi Dinar. It explores historical precedents, economic impacts, implementation challenges, and future prospects for Iraq’s currency reform initiative.

Understanding Iraq’s Currency Reform Initiative

Initially established in 1932, the Iraqi dinar replaced the Indian rupee as the country’s official currency. Its early history showed remarkable stability, with a strong exchange rate of 1 dinar to 3.22 US dollars until the late 1980s.

Historical context of the Iraqi dinar

The dinar’s journey witnessed significant shifts during various political periods. Before 1990, the currency demonstrated notable strength in international markets. Furthermore, the pre-1990 notes, known as “Swiss dinars,” maintained their value even as new “Saddam dinars” were introduced. The currency’s stability, nonetheless, faced severe challenges during the Gulf War period, when Iraq could no longer access high-quality note printing services.

The current state of Iraq’s monetary system

The present monetary landscape in Iraq faces several critical challenges:

Excessive dependence on oil revenues, accounting for 99% of exports and 85% of government budget

Limited banking sector development due to technological gaps

Persistent inflation concerns affecting purchasing power

Meanwhile, the Central Bank of Iraq maintains strict control over the dinar’s value, which doesn’t freely float on global forex markets. The current system operates through a regulated dollar auction mechanism, with transactions reaching approximately $200 million per day.

Why currency reform is being considered

The Iraqi Dinar Revaluation stems from multiple economic factors. Consequently, the Central Bank of Iraq aims to address the negative impacts of high-denomination banknotes with lower value. The reform initiative particularly focuses on the following:

Controlling currency value through systematic management

Reducing inflationary pressures

Restoring public trust in the Iraqi dinar

The recent currency developments are showing some positive signs, domestic inflation is down to 4% by the end of 2023 and the central bank has implemented many measures to improve its liquidity management framework, including raising the policy rate from 4% to 7.5% in June 2023.

Banking sector modernization is still a priority, especially with its historical challenges dating back to the 1980-1988 Iraq-Iran war. These reforms are to address the structural imbalances that made Iraq vulnerable to external economic shocks.

Global Precedents in Currency Redenomination

Approximately seventy countries have undertaken currency redenomination between 1960 and 2005, each with varying degrees of success. Among these attempts, several cases are particularly instructive for nations considering similar reforms.

Success stories from Turkey and Brazil

Turkey’s redenomination in 2005 is a success story. They removed 6 zeros from their currency and 1 million old lira became 1 new lira. Before the reform, Turkey faced significant challenges – a bottle of water cost 300,000 lira, while a cinema ticket required 7,500,000 lira. However, inflation rates decreased significantly after implementation, reaching 10% by 2011.

Brazil, although facing initial challenges, eventually succeeded through a comprehensive approach. In 1994, with inflation reaching 2,075.8%, Brazil introduced the Real currency alongside several strategic measures:

Increased interest rates and reduced government spending

Attracted foreign capital

Established appropriate dollar exchange rates

Failed attempts and lessons learned

Zimbabwe represents a cautionary tale in redenomination attempts. In 2008 alone, it redenominated twice—first 10 billion to one and then one trillion to one. Inflation reached 231 million percent, and the country abandoned its national currency.

Russia’s 1998 attempt similarly failed because of poor timing and unstable economic conditions. The removal of three zeros from the ruble denominations proved ineffective against structural economic problems.

Key factors determining success

Research indicates that successful redenomination correlates strongly with specific economic conditions:

Countries implementing redenomination during low inflation (<10%) experienced better outcomes

High economic growth before redenomination typically led to improved post-reform performance

Proper timing and stable economic conditions proved crucial for success

Moreover, the implementation strategy plays a vital role. Turkey’s success, for instance, involved a carefully planned two-stage process spanning multiple years. The first stage introduced the word “yeni” (new) on currency notes, followed by its removal in 2009, demonstrating the importance of systematic execution.

Economic Impact of Zero Deletion

The Central Bank of Iraq’s proposed zero deletion initiative presents both opportunities and challenges for the nation’s economic landscape. Recent studies indicate that this currency reform could substantially impact various sectors of the Iraqi economy.

Effects on inflation and purchasing power

The deletion of zeros from the Iraqi dinar presents a complex economic scenario. Studies suggest that removing zeros will not directly affect inflation rates or the purchasing power of the Iraqi dinar. Indeed, the total volume of currency would remain unchanged, merely shifting from 105 trillion dinars to 105 billion dinars.

The reform’s primary benefits include:

Psychological impact on citizens

Simplified accounting processes

Enhanced symbolic value of the currency

Impact on banking and financial systems

The banking sector faces substantial transformation under this initiative. Indeed, the current system shows significant structural weaknesses, with state-owned banks controlling over 85% of banking assets. The reform aims to address several key challenges:

Modernization of payment systems

Improvement in banking operations

Enhanced monetary control mechanisms

Rather than immediate economic gains, the reform focuses on long-term structural improvements. The Central Bank anticipates this Iraqi Dinar Revaluation will help restore trust in the currency as a reserve currency.

International trade implications

The initiative’s impact on international trade presents a mixed outlook. Overall, Iraq’s position as an import-dependent nation makes this reform particularly significant for trade relations. Recent data shows that non-oil bilateral trade with the United States reached USD 805.80 million in 2021.

The reform could affect trade in several ways:

Simplified international transactions

Enhanced currency credibility

Improved financial tracking systems

Straightaway, businesses might face adaptation challenges, as companies currently struggle with large figures in economic transactions. Generally, the reform aims to facilitate accounting processes and international trade operations, though success depends heavily on implementation effectiveness.

The Central Bank’s vision includes strengthening the banking sector through various measures. Soon, these changes could lead to improved financial infrastructure, with recent initiatives already showing promise – such as the One Trillion Initiative supporting small and medium enterprises.

Implementation Challenges and Solutions

The Central Bank of Iraq faces substantial technical and logistical hurdles in implementing its zero deletion initiative. The transformation requires careful planning and systematic execution to ensure a smooth transition.

Technical requirements for the currency transition

The banking sector’s modernization is a primary challenge, with state-owned banks dominating approximately 85% of banking assets. Accordingly, the Central Bank has outlined essential technical requirements:

Implementation of electronic payment systems

Establishment of correspondent banking relationships

Integration of Kurdish and Arabic languages on new notes

Development of automated settlement operations

Enhancement of electronic card systems

Public education and awareness needs

Besides technical considerations, public education emerges as a crucial component. The Central Bank acknowledges that successful implementation depends heavily on comprehensive awareness campaigns. The transition period requires extensive public communication about:

Timeline for currency exchange

Recognition of new denominations

Impact on daily transactions

Banking system modernization benefits

Risk mitigation strategies

The Central Bank has markedly strengthened its approach to risk management through several key initiatives. A new electronic platform now regulates wire transfers, replacing the traditional system (N2-O2) with an advanced N2-O2-CO framework.

The implementation strategy addresses three primary concerns:

Financial corruption risks

Technical adaptation challenges

Market stability maintenance

Subsequently, the Central Bank has implemented strict controls on dollar transfers. Hence, these measures aim to prevent fraudulent transactions and enhance system integrity. The reforms have already shown promising results, with the platform successfully managing international transfers.

Nevertheless, challenges persist in public trust and banking adoption. The current situation reveals that only a small percentage of citizens maintain bank accounts. Therefore, the Central Bank focuses on building confidence through:

Enhanced governance measures

Strict anti-money laundering protocols

Improved banking sector supervision

The implementation timeline spans multiple phases, allowing for gradual adaptation and system testing. This measured approach helps minimize disruption to daily economic activities while ensuring proper technical infrastructure deployment.

Future Outlook for the Iraqi Dinar

Recent economic data reveals complex dynamics shaping Iraq’s monetary future. The International Monetary Fund reports that domestic stability has notably improved since late 2022, with non-oil economic recovery showing promising signs.

Short-term economic effects

At present, Iraq’s economic landscape demonstrates mixed signals. The domestic inflation rate declined to 4% by end-2023, reflecting positive short-term developments:

Currency revaluation effects from February 2023

Normalization in trade finance

Lower international food prices

Improved domestic conditions

The ongoing fiscal expansion is expected to boost growth in 2024, yet this comes with potential risks to fiscal and external accounts.

Long-term stability prospects

The long-term outlook for the Iraqi dinar essentially depends on several structural factors. The banking sector faces significant modernization challenges, with state-owned banks dominating the financial landscape. The Central Bank’s efforts primarily focus on:

Tightening monetary policy

Enhancing liquidity management

Restructuring state-owned banks

Modernizing private banking operations

Projected exchange rates indicate potential volatility:YearExpected Rate (IQD)20251,310.6820261,320.7720311,481.03

International confidence factors

Global market perception remains a crucial determinant of the dinar’s future. The IMF highlights that risks are tilted to the downside, given regional conflicts and substantial dependence on volatile oil prices.

The dinar’s stability faces several challenges:

Limited trade diversity, with 99% of Iraq’s oil and products sold in dollars

Unsuccessful attempts to diversify currency use, despite efforts to trade in yuan

Significant gap between official and market exchange rates

Looking ahead, Iraq’s oil export revenues have surpassed USD 1.00 trillion over two decades, yet the country’s total gross domestic product will reach only USD 253.00 billion by 2023. This disparity underscores the persistent structural challenges in the economy.

Banking sector modernization is key for long-term stability. The Central Bank has launched many initiatives, including a renewable energy program of 1 trillion dinar (770 million USD). The results are good: non-oil GDP grew 4.4% to 87.7 trillion dinars in 2023.

The future trajectory of the Iraqi dinar will largely depend on the success of ongoing reforms and the government’s ability to address key challenges. The Central Bank’s commitment to maintaining price stability while promoting sustainable development suggests a measured approach to currency management. 

FAQs

1. What does the deletion of zeros mean for the Iraqi Dinar?

Deletion of zeros means a plan by the Central Bank of Iraq to remove 3 zeros from the Iraqi Dinar currency. This is called redenomination not revaluation. It’s to simplify the transactions and potentially stabilize the economy but it doesn’t mean the increase of the dinar rate to the dollar.

2. Will the deletion of zeros revalue the Iraqi Dinar?

There are many Iraqi Dinar revaluation rumors saying that deleting the zeros will increase its value against the US dollar. However, experts say redenomination is different from revaluation. While it will simplify the currency, the impact of buying Iraqi Dinar or its rate is unclear and depends on Iraq’s stability.

3. Is investing in the Iraqi Dinar after the deletion of zeros?

Investing in the Iraqi Dinar is a speculative decision and carries high risk. Deletion of zeros will make the currency more manageable locally but it doesn’t guarantee the international value will increase. As with any investment, do your research and be cautious not to fall into any Iraqi Dinar scam.

4. How will the deletion of zeros affect those who buy Iraqi dinars?

For those who want to buy Iraqi dinars, the deletion of zeros means changes in the currency denomination and appearance. But it doesn’t mean the currency’s value will change or the rate will improve. Buyers should also be aware of the misleading claims related to Iraqi Dinar revaluation.

5. Are there risks in buying Iraqi dinars due to revaluation?

Yes, there are. Many people have fallen victim to Iraqi Dinar scams that promise unrealistic returns based on rumors of revaluation. Be skeptical of such claims and seek financial advice when buying Iraqi dinars.

Conclusion

Zero deletion represents a significant yet complex step for Iraq’s economic future. Historical precedents demonstrate both opportunities and risks, with success stories like Turkey offering valuable lessons while cautionary tales like Zimbabwe highlight potential pitfalls.

The Iraqi dinar’s stability depends largely on careful implementation and strategic timing. Economic indicators suggest mixed signals – declining inflation rates and improving non-oil GDP growth point toward potential success, though structural challenges persist. Banking sector modernization and public trust remain crucial factors for this initiative’s effectiveness.

Success requires a balanced approach combining technical preparedness, public awareness, and risk management. The Central Bank of Iraq’s commitment to maintaining price stability while promoting sustainable development suggests a measured approach to currency management. Though challenges exist regarding international confidence and oil dependence, strategic reforms and careful implementation could lead Iraq toward greater economic stability.

The path forward demands patience and systematic execution. Recent positive developments, including improved domestic conditions and declining inflation rates, provide hope for successful currency reform. Yet ultimate success relies on continued commitment to structural improvements, banking sector modernization, and maintaining public confidence through transparent implementation.

Source:- Dinarit

[dinarit]

How Can You Tell if Iraqi Dinar is Real?

If you’re interested in buying IQD or trading it, it becomes critically important to be aware of how to confirm the currency. In that country, there are actual threats of fake Iraqi Dinar notes that look almost like the original notes, but they are not real money. It is, therefore, very important to learn how one can tell what a genuine Iraqi Dinar is so we do not fall victim to scams that might, in the end, lead to the loss of investments. It is, therefore, the purpose of the guide to outline the steps and the conforming techniques that you can follow to negotiate the genuineness of your Iraqi Dinar. The Importance of Authenticity In any currency investment, it is common knowledge that the value and safety of money one has depends greatly on the authenticity of the currency. Counterfeit ID can be bought in the market, especially due to the unfolding aspect of currency revaluation. By buying fake Dinars, people can lose their money, and the end product remains nothing more than paper. The experience of knowing the characteristics of genuine Iraqi dinars from fake notes will go a long way in preventing anyone from defrauding you and, therefore, guaranteeing the safety of your investment. There are several distinct aspects that I will illustrate to help you in deciding how to recognize a real Iraqi Dinar. Key Features to Look for in a Real Iraqi Dinar The currency of Iraq is the Iraq Dinar which is released and controlled by the Central Bank of Iraq to prevent forgery. These features may be expressed in the design, in the printing material, and even in the construction of the banknotes themselves. In the following sections, we take a look at the aspects that will enable you to check the genuineness of the Iraqi Dinar bills that you want to use.

Security Thread Probably one of the most important features that have been developed to identify real Iraqi Dinar currency notes and prevent cases of forgery is the security thread. This is a thin metallic strip that is incorporated into the paper at the time of manufacture of the note and which cannot be reproduced or cut out because it will wreck the note. As opposed to the easily recognizable printed features such as serial numbers and portraits, the security thread merges deep into the fibers of the note, thereby proving that this has been one of the many invulnerable security features incorporated into notes and ultimately builds trust in the currency. Fakes interfere with the country’s economic environment and result in vent losses, with the security thread as a straightforward method of identifying banknotes. When users bend the Dinar at certain angles, light reflects from inside or undertone texts written on the threads, which might include IQD. Its visibility and some of these characteristics serve as reliable ways of verifying the authenticity of the currencies, hence the credibility of all transactions involving the Iraqi Dinar. How to Check: Hold the Dinar up to the light and look for the embedded thread. The thread should appear as a continuous line and should be reflective, often with the word “IQD” or a similar design, visible when illuminated.

Watermark The watermark on the face of the Iraqi Dinar banknotes is important for the authenticity of notes. It is inserted during manufacture and is only visible when exposed to light; it is as subtle as this barely discernible design. It generally features a famous personage of the past or the Coat of Arms of the Central Bank of Iraq, making the design of the banknote more attractive and preventing counterfeiting. Details on such fountains, decors, and also how you would ride a transport, though, are fitted strategically, making you hardly notice the objects where they were placed. A watermark is, therefore, a feature that is commonly accepted as the criteria of the forgeries of the banknotes. Because they are embedded into the paper fibers, they cannot be replicated through regular print techniques. When getting near the watermark, users are notified about the genuine banknote, and thus, it has an extra layer of security during transactions. For the Iraqi Dinar, the watermark does away with the imitations that are characteristic of counterfeit currency and provides a good investment for the identification of the original currencies for the use of the people and companies. How to Check: Looking at the note against a source of light to see whether the watermark appears. Slowly slide the note to see further the watermark shift in the short period only in lights. It is also recommended that if the watermark cannot be distinguished, it is printed on the banknote rather than being incorporated into the paper or can be otherwise falsified.

Raised Printing The actual Iraqi Dinar is printed with a subsidized type of printing known as intaglio printing. This method gives raised ink that is best seen on the big numbers, symbols, and major components of the bill. It has the actual touch of the raised print as you can glide your finger over the body of the note gently. How to Check: Again, try to read the text in the note while frequently rubbing your fingers on the note, especially on the larger numbers and edges or images. The entire outer surface must feel very rough to the touch, and if you don’t feel a raised texture to the note, then the note is likely fake.

UV (Ultraviolet) Ink The latest Iraq dinar notes also feature such things as UV ink that protects the currency from being counterfeited. Some parts of the bill will be seen to be glowing or the colors will entirely appear differently under the Ultraviolet light. This particular ink is only visible under black light and turned into its ‘true form’ when exposed to UV light. How to Check: Use a blacklight or another UV lamp you might have; if not, some can be bought in the so-called currency validation kits. Any element that might emit a bright color or any other kind of text that would only show up under a black light should be particularly noticeable. If there are no features or if the UV features are inapparent, then the Dinar may well be counterfeit.

Microtext Microtext is a feature incorporated in the security of a note and encompasses the mere redrawing of words that are hardly noticeable in different parts of the note. It is written in very small fonts to such an extent that one cannot read it without them, making it another secure feature of the banknote. How to Check: Use a magnifying glass to examine the Dinar. Focus on the edges of the numbers, portraits, and security symbols. If the microtext is fuzzy, blurry, or illegible, the bill may be counterfeit.

Color-Shifting Ink Today, many modern currencies have something like color-changing ink such as the Iraqi Dinar. This form of ink changes color once the note is inclined; therefore, it is best used when it comes to higher-ranking notes. The switch normally occurs gradually and can be readily discerned from the bill when it has been turned in some way. How to Check: Tilt the note in different directions to ascertain whether the color of some of the sections of the note has altered. If the ink used does not change its color or looks funny, then you might be holding a fake note.

Holographic Features Some form of a hologram may be used for some more expensive Iraqi Dinar bills. These elements usually display pictures or moving images when the bill is inclined, and sometimes it portrays a symbolic image/icon within the country. Tracing is also usually applied on high-value notes. How to Check: Tilt the bill regarding the bill and put it under the source of light to check whether there exists holographic images or symbols. The original BNV bills produce vivid and easy-to-rotate holograms, while fake bills could come with either a blurred or static hologram.

Distinctive Serial Numbers Since every single bill in the Iraqi Dinar has a unique serial number, the figure is printed in a different color from the main color of the note. Some of these serial numbers may also contain discreet messages that are only visible using a lens set. In some way, bills provide barcodes or QR codes that have been inserted into the designs of those bills. How to Check: Read the serial numbers on the signatures located at the front and the back sides of the bill. The number should be clear, preferred whole numbers, and perfect, and most importantly the numbers must not be repeated. The authenticity of the serial number should be checked as per some other resources or currency-referenced guides.

Overall Design and Print Quality Iraq’s Dinar possesses a clear and sharp imprint. It means that the colors must be saturated and the outlines of the images printed on the fabric must be clean. Faint lines, low-quality resolution, various shades of the same color, or anything other than how regular genuine money should look may be an indication that you’re holding counterfeit money. How to Check: Look at the design of the bill and see that the print on it is clear, that the images on the bill are aligned properly, and that the colors of the bill are bright enough. If the quality or density of the print on the bill is faint or nugget, then the bill is most probably a counterfeit. Where to Check Your Iraqi Dinar With this knowledge about the general features that you should look for in your Iraqi Dinar, it is important to know where to verify the truth about your bills. Here are some recommended ways and places for validation:

Currency Validation Services There are different online and physical services for checking the authenticity of the currencies, including the Iraqi Dinar. These services usually offer all-encompassing reports regarding the trustworthiness of your specific Dinar and can be a reputable method to be certain your Dinar is real. Examples: Dinarit.com: Here, you can also find genuine Iraqi dinars for sale, as well as some informative resources that will help to distinguish the fakes. They have developed a policy of giving buyers a Certificate of Authenticity for their purchase to ensure they are not fake dinars. Professional Currency Authentication Companies: Vietnamese dong and other currencies can be authenticated by companies such as PMG – Paper Money Guaranty and PCGS – Professional Coin Grading Service, for instance, in the Iraqi Dinar.

Use of Currency Checking Tools Another method by which you could verify your Iraqi Dinar is through the use of special currency authentication testing equipment and these are available on the market for purchase in stores dealing in currency forensics. One set of these tools that could help is UV lights, a magnifying glass, and currency detectors which can help momentarily understand security features such as watermarks, micro text, and color-shifting ink.

Consult with a Professional Dealer The Iraqi Dinar is a rather suspicious currency. If you are concerned with the authenticity of the currency, it is recommended that you consult with a currency dealer. Being experts in currency identification, they will be able to help you determine whether your Dinar is fake. Reputable Dealers: Dinarit.com: Dinarit.com is a reliable currency guide that will help you identify genuine Dinar and the website is ready to respond to any inquiries regarding the novelty’s legitimacy. Sterling Currency Group: This expert specializes in foreign currency understanding and provides advice and assistance in verifying the Iraqi Dinar. Conclusion Any investor, collector, and trader in the market needs to learn when, where, and how to tell if the Iraqi Dinar is authentic. The security comprises several elements, including security threads, watermarks, print height, and UV ink, that you ought to use to determine the authenticity of your Dinar. By studying these features to the maximum, using trustworthy services of currency validation, or turning to professionals in this sphere, you can always be protected from forged Dinars and make a stock safe. It is always recommended that you only purchase Iraqi Dinar from reputable sources such as Dinarit.com. They ensure that all their money is real, and they give you the tools to learn how to spot fake money for yourself. Certainly, your investment in the Iraqi Dinar should be secure and backed by words indicating that the currency that you are holding is genuine. Source:- Dinarit

[recentlyheardcom]

The Iraqi Dinar May Be Revalued To Reflect the Rapidly Growing Iraqi Economy

Author Thomas Bell Published December 1, 2011 Word count 509 Iraq is on the edge for an explosive period of financial growth encouraged by an enhancing in foreign investment in infrastructure and oil manufacturing. Iraq is a country having more than 30 million population populated by 30 million people with active and well educated workforce. Iraq is very tempting to foreign investors as…

[raymondwatkowski]

very interesting interview!❤️😃

[iraqdinar]

Iraqi Dinar Notes Featuring Saddam Hussein

For Americans anyway, collectors and even non-collectors will pay a couple of dollars to own a piece of history. But yeah, to anyone reading this please do not overpay for any Iraq banknote with Saddam Hussein's face on it. They're not legal tender in Iraq or anywhere else and haven't been for close to 20 years.

If you're paying more than $5-$6 for any IQD note with Saddam's face on it that hasn't been professionally graded, you're being taken for a ride.

The Iraq currency that is legal tender and about which many speculate will rapidly increase in value against the US dollar was first printed in 2003. Anything before that will not be redeemable in the event the speculation turns out to have merit.

Turns out these things are literally worth a penny each. 

[paneramenulist]

Panera Sandwich Menu

The Best Panera Sandwiches, Salads

This is all to say: I even have hundreds of feelings about Panera and it was a dream of mine to attend to retry the entire menu in a single sitting for 10 years at the naked minimum. For any Panera newbie, here are my pinnacle alternatives that I noticeably advise:

The Best Tea: Green Tea

It's literally a grown-up Pacific Cooler Capri Sun, and I'm *not* crazy about it. It's like there was a juicy kiwi and a green tea collectively coming here as one.

The Best Sandwich: Frontega Chicken ToastedI couldn't bring this sandwich down here. Panera Sandwich Menu The smoked, pulled chicken is gentle, but the black pepper focaccia is gentle but toasted for a lovely crunch as it is taken over the threshold by the basil and chipotle mayo.

I have to write poems about it, every part of this sandwich performs collectively in agreement. Near second: 1st Baron Verulam Melt, Chipotle Publisher. You've got my heart. Still speaking about you.

Margherita: Best Flatbread

In the fall of 2020, Panera launched flatbreads as an everlasting menu item and I will definitely not take into account why it took this lengthy period for them to do it. They have 3 choices for flatbread: cheese, margherita, and chicken and bacon chipotle.

Best Salad: BBQ Chicken Barbecue

Two phrases: Frizzled. With onions. The BBQ ranch dressing and BBQ sauce with apple cider vinegar is tangy and smooth, making you almost forget nearly a whole bowl of Romaine. You are packed with hen, black beans, and maize weighing you down to make this the right mild but enjoyable salad.

The Best Cup: Bajaa Bowl

This is like a burrito bowl that has been deconstructed. The combination of brown rice and quinoa is hearty and tends to be a whole meal. The fact that this bowl comes with avocado and it does not charge much now already gives this a plus one in my e-book, but the feta chunks and salsa verde dressing is what really presented me. Healthy meals needn't be dull for you!

There really is nothing beautiful like a good cup of hot cocoa to wake you up as the temperature from the doors begins to drop and the hours get shorter. Without a question, hot chocolate is a seasonal item, even though in fact there is nothing wrong with ingesting it year-spherical or engaging in frozen heat chocolate until it begins to warm up from the doors.

But during the winter or excursion seasons, there is definitely something specific about ordering a warm cocoa. At Panera Bread, considering the fact that the brand new chocolate is certainly not always something special.

Panera's is not necessarily what you need, as wonderful as a cup of warm chocolate will possibly be. It's not quite chocolatey, and since it contains of as many toppings, the taste is not robust in any respect in the cocktail.

Panera's warm chocolate is something like hot milk with a light chocolate undertone, with the full detail. Panera's warm chocolate can also start off delicious with whipped cream and a caramel drizzle, but once the toppings are long past, the drink declines dramatically.

Dinar Guru - Summary

The biggest problems in present-day Iraq are civil war, political struggles, and western countries remaining away, with the serious likelihood of the world breaking into three distinct regions. If that happens, the payday for merchants keeping the Iraqi dinar and awaiting cost appreciation will never arrive.

Iraq, backed by the use of oil reserves, has the potential to spring back down and develop itself as a reliable financial structure. After 8-12 months of Iran-Iraq warfare, it succeeded in doing this. Guru of Dinar But in an attempt to build investor trust in a non-violent, promising economic climate, a good way, in turn, to help revitalise the financial system and get the IQD foreign exchange rate back to less depressed ranges.

For a number of years, the Iraqi Dinar (IQD) revaluation rumour has been round and appears to attract a wide spectrum of believers. "Human scores have bought Iraqi dinars from speedy-speaking promoters and online dinar forex dealers based on the company's belief that, when the forex is revalued, they would make windfall earnings allegedly up to 1,000 times their specific "investment.

[luqta]

Crypto Investment destroyed investing in currency or not?

The activity of collecting money as well as other coins is one of the oldest on earth. There are numerous people on the globe and many of which get this amazing quantity of preferred past times but what never adjustments is the coin collection. Men and women of various ages want to collect money banknotes as well as other rubber stamps that now signify or displayed cash in yesteryear. A few of these enthusiasts sell their wares for huge amounts of money so its a good investment to keep your collection for later on or to actually pass it lower through years. Every person must have the Iraqi dinar in their selection. Be it the old or the new one. For those who have been looking for the new editions then it’s a little more complicated. Humans have been buying it like crazy due to the fact no other kinds of money are currently accepted in Iraq. The actual politics climate continues to be problematic and it’s today harder than in the past to get your cash on proper funds from this nation. Even some of the richest business persons don’t have the opportunity to stock up on because of the dinar revaluation. Now the best way to get hold of this currency is by getting it through the internet. Because you can know the web is a great source of options that many don’t yet find out about. It can be used to Buy Iraqi dinar to get rich in almost no time. The only real huge difference is buying the proper dinar and never the old one. Funds from the times during the Saddam Hussein are actually out of print and even unlawful in various areas. It has all changed after the United states army leaves the nation. You won’t find a better supply of info on the Iraqi dinar news than the private blogs of experts. Certainly one of a better source for such exchanges can be located at the next website address buynewdinar.com. It has the very best Iraqi dinar forum where you can discuss the pros and cons to getting this forex and the high quality sources to maintain stocks of the cash. No one is stating that a person should speculate using cash except infusing some here and there can yield a huge profit that could create a person rich beyond creativity and it’s possible today.

[dinar-guru]

Iraqi Dinar Revaluation | IQD RV

Iraqi Dinar Revaluation | IQD RV

For this article on the Iraqi Dinar Revaluation, also called the dinar rv, we must first discuss the history of the Iraqi dinar. We must discuss the past, the present, and the future. Up until October of 2003, the notes used in Iraq had Saddam Hussein’s picture. The real nice note was the 25

Read more…

[iraqdinar]

Wikileaks Email Shows Man Emailing Intelligence Contractor to Ask About Iraqi Dinar, Vietnamese Dong Revaluations (RVs)

What documents has Wikileaks published relating to the rumored IQD/VND RVs? (Part 1)

By: Peter Egan Jr.

A 2010 email published to Wikileaks’ “Global Intelligence Files” shows what appears to be a random man emailing an employee of a Texas-based intelligence contractor to inquire about what his firm knew or didn’t know regarding the long-rumored revaluation (”RV”), essentially a massive and instantaneous change to the foreign exchange rate of a national currency. Technically, a country can revalue its currency to either increase or decrease the value of the currency, however in this context, with these two particular countries it’s typically discussed in the context of an upward trajectory being the bullish position among speculators. This is the case even as Iraq just this past couple week devalued the Dinar relative to the US dollar.

The dinar trade on third-party sites like eBay, where users buy and sell Iraqi Dinar at generally inflated prices, is alive and as healthy as ever. At one point in July and August sellers were fetching nearly 300% of the actual exchange rate, and are still selling for much more than IQD has traditionally traded for on secondary markets, although the price has subsided a bit, largely due to a giant increase in supply after word made its way around the Dinar forums and YouTube shows about how much IQD was selling for, while demand has dipped with many investors and speculators possessing a common misconception that the 2020 Presidential election was won by the candidate who actually lost (badly). Dinar speculators have a very large faction who believe that the Iraq currency’s relative worth is to be decided in large part whether the incumbent US President remains in office. Even still, comparing the exchange rate Xe lists against the market rate as determined by the amount IQD is actually trading for againt various other currencies leaves a surprisingly wide gap that begs the question of why the market is willing to pay so much more than it (the market) is being told the high-risk, speculative investment is worth.

If we take the email Mike Whims of the now-defunct Rare Buyer LLC sent to Solomon Foshko of Stratfor, which Wikileaks described as a “global intelligence firm” headquartered in Texas, it likely has something to do with a long-rumored revaluation of one or both of Iraq and Vietnam’s currencies.

Whims in a 2010 email to “responses@stratfor.com” that ultimately made its way to Foshko, who appears to have no prior connection to Whims and whose position reads “Global Intelligence,” wrote the following: 

Email subject: “STRATFOR Group Sales - Inquiry”

Email Body:

“Interested in foreign currency revaluations. My current interest lies with Iraq and Vietnam. Do you have any analysis that might help determine when a currency revaluation may occur such as what happened with the Kuwaiti dinar?”

The message made its way to Mr. Foshko, who replied with the following:

Mr. Whims, I have forwarded your question to our analysts. They may contact you. I did a search of current analysis available on our site, but did not find anything related to the Kuwaiti dinar. Regards, Solomon Foshko Global Intelligence STRATFOR T: 512.744.4089 F: 512.473.2260 Solomon.Foshko@stratfor.com

I reached out to both parties via email (this is New Year’s Day so I am reluctant to call until Monday) to request comment and additional information and clarification. Neither has replied as of this story being published. That said, I don’t expect either to reply on New Years Day, and will update this story with any replies should either or both respond to my inquiry.

Stratfor knew (or thought they knew) something regarding an IQD RV by 2011

Another Stratfor email exchange published to Wikileaks references a plan by the Iraqi government to remove three zeros from the currency, a plan which ultimately failed and for which the then-Iraqi government suffered heavy criticism.

Kamran Bokhari writes in an email to Stratfor analysts:

There is a plan to drop the three zeros off the current Iraqi Dinar as part of an effort to raise its value. So if someone has the old currency (the one printed after the fall of the Baathist regime in 2003) and turns it in will he/she get the same amount of dinars or will they get less as per the difference in value?

Bokhari was speaking of the plan by the Iraqi government as described by Albawaba as: “a plan to remove three zeros from the dinar, replacing current banknotes with new ones.“

The article touches upon the inherent difficulties and challenges faced by a nation the size of Iraq in a project of such a massive undertaking as a total currency revaluation.

According to Mazhar Mohammad Saleh, an expert in the Iraqi Central Bank, in a speech with the ALHAYAT of London, “our problem lies in the timing of the currency exchange, as we need to select a suitable time for implementing the project without obstacles.”

The Central Bank planned to remove three zeros from the Iraqi dinar, after suffering from inflation and the decline of the currency during the nineties, due to economic sanctions.

The following quote from the story is also noteworthy:

The most important change after deleting the zeros, is to reduce the number of banknotes in circulation, simplifying the payment system in Iraq.

In the second paragraph quoted, the article claims (accurately, IMHO) that the decline of the Iraqi Dinar is directly tied to economic sanctions stemming from Iraq’s invasion of Kuwait in 1990. Then in the final paragraph quoted, the article states that the most important step once “deleting the zeros” is to reduce the number of banknotes in circulation.

That last part is significant. If the United States Treasury does in fact hold untold trillions or even quadrillions of Iraqi Dinars from the initial postwar “currency swap,” and/or all of the USD auctions and USD cash pallets delivered to the Central Bank of Iraq, a number known to be at least $40 billion USD as of 2008, and that number has only increased in the 13 years since, although the US government has not revealed by how much or even how much IQD it holds period; then untold trillions could be removed from circulation just by the US exchanging their Dinars back for US Dollars and/or digital currency assets following a revaluation. Iraq could repossess those Dinars and have a giant bonfire with them, at least in theory. Then there are all of the American, Canadian, British and Australian currency speculators who hold IQD in their portfolios who would be looking to swap their suddenly valuable IQD for a currency they can use to buy and sell. While that number surely pales in comparison to the US Government’s holdings, it’s still likely nothing to scoff at, particularly in 2020 with Americans having nearly two decades of hearing about how the Iraqi Dinar would experience a rate change that would lead to windfall profits for American currency speculators. The Dinar is trading at 2.5 times its value (as defined by exchange rate) in US-based secondary marketplaces. One such marketplace where American consumers buy Iraqi Dinars is eBay. Compare those prices to the prices listed at Xe when you look up the formal exchange rate.

It’s been three decades since the economic sanctions that crippled the IQD were enacted and there seems to be a growing global consensus that it’s time to revisit the sanctions and review whether or nor they’re still appropriate and still serve a purpose that isn’t entirely punitively enacted against people, many of whom weren’t even alive when the events that provoked the enacting of the sanctions occurred.

To recap, we know that in 2011, Iraq did plan to at a bare minimum redenominate its currency. Some would argue that the 2011 plan constitutes a revaluation. Semantics aside, if the sanctions are what crashed the currency and have hindered it for three decades, if those sanctions are lifted simultaneously with a major rate change accompanied by Iraq repossessing hundreds of trillions of Dinars from citizens and countries across the globe and presumably removing them from circulation, there’s definitely an argument to be made that the concept of the “Iraq Dinar revaluation” is anything but a scam, and may not only be very real, but also very plausible despite the fact that elements within the media will tell anyone who will listen that Iraq’s situation with its currency bears no resemblance to the 1990-1991 Kuwaiti currency situation and that the same outcome is not possible in Iraq.

If it does finally happen in 2021, and there’s a lot of smoke that would seem to suggest that 2021 might be the year of the Dinar, the “Dinar Scam,” as it’s come to be known, will be remembered as all the people, publications and networks who for the better part of a decade have tried their best to convince anyone who will read or listen that investing in the Iraq Dinar is something only stupid people do, and that smart intellectuals like those in the media like to ridicule such simpletons while at their cocktail parties in their ivory towers.

It would be an end to the saga all too fitting considering that the same people calling the Dinar RV a scam are the world’s premiere pathological liars and have a proven track record of being among the most intellectually dishonest people in all of humanity.

[swiftthebillionaire]

$1.90 USD for 1200 Iraqi Dinar (Word!?!?) Today's News on the Iraqi Dinar (June 10th, 2019 posting) Here is Today's translation: Translated by…

[globalcurrencyreset]

Iraq Update | CBI | Gas Prices | Date | NDA | Twitter Audit

Last Updated On: March 29, 2015 By: Dominick Giammarino Global Reset Newsletter - CLICK HERE TO SUBSCRIBE TO THE FREE NEWSLETTER Iraq Update Some people were expecting the reset to happen last week, and the week before, and the month before etc. Just be patient, this will all play out, Read more at http://globalresetguy.livejournal.com/140234.html

[tradecryptocoin-blog]

Titanium Bar Ads on Cable TV & American Airlines Monitors (Cryptocurrency)

Binance Exchange https://www.binance.com/?ref=16561068 NEW BCASH Faucet http://moonb.ch/?ref=4A543CF85EFB Kucoin Exchange https://www.kucoin.com/#/?r=7QcxJJ Follow me at https://steemit.com/@currency365 ———————————————————————————————— *******ALL MY SUPPORT AND DONATIONS WALLETS****** Donation/Support https://www.paypal.me/Currency365 Bitcoin 18UHDA4qS8yvtNVS4RoWoVXUe28SkVW5NS ETH…