Iraqi Banker Gives Clue About IQD Higher Denominations

I’ve created this video to share with the Iraqi Dinar community. The video gives you an insight on what an Iraqi banker is thinking about when it comes to the Iraqi dinar and the denominations. I will publish more videos and make sure you are on my mailing list. You are … [Read more...]

Central Banks creates workaround for distributing hard currency through additional currency exchange stores as the Iraqi Dinar Exchange rate 1340

The Central Bank of Iraq (CBI) realizes that they have a major problem with the exchange rate of the Iraqi Dinar.  The CBI has filed a lawsuit against the Parliament Economic Committee to lift the currency auctions restrictions of only $75 million per auction day.  There has … [Read more...]

Central Bank of Iraq 50 Iraqi Dinar Press Release

On February 26, 2015 the Central Bank of Iraq issued a press release announcing for the people of Iraq to stop using the 50 Iraqi dinar currency. The Central Bank is requesting all banks to accept the 50 IQD banknotes with fees or commissions and return the banknotes to the … [Read more...]

Iraq Central Bank Pulls The Fifty Iraqi Dinar Banknote Continues To Restructure Currencies

Central Bank Iraq pulls fifty Iraqi dinar banknote

Iraq Central Bank starts to reconstruct its currency before delete the zeros project As of today, there is not a single person inside the country of Iraq that has not heard the announcement from the Central Bank of Iraq (CBI). On Sunday, March 1, 2015, the CBI announced that … [Read more...]

Iraq: Currency Redenomination To Increase Confidence, Revaluation Not On the Horizon

Iraq: Currency Redenomination To Increase Confidence, Revaluation Not On the Horizon

Iraq: Currency Redenomination To Increase Confidence, Revaluation Not On the Horizon Merrill Lynch indicated that a revaluation of the Iraqi dinar is unlikely to take place until after the country substantially increase oil production over the coming 5 to 7 years, adding … [Read more...]

The Delete the Zeros Starting First Quarter in Year 2016 After Security Improves in Iraq

Central Bank of Iraq

  In November, the Iraqi army removed the Islamic State terrorists out of the city of Baiji and the Baiji refinery. On Monday, December 22, the Islamic State Terrorists have conducted a counterattack to reclaim the city of Baiji.  The Iraqi army and Shiite militias left … [Read more...]