The CBI is not transferring Iraqi Dinar to other countries. The only currency the CBI would be transferring is US Dollars or the currency of that host country. The reason is the other country can not exchange the Iraqi Dinar and convert it to their own host country currency.
The Iraqi Dinar is a non-convertible currency and only valid inside of Iraq only. The CBI conducts daily auctions to the Private and State banks in Iraq in both US Dollars and the Iraqi Dinar. The auctions to the private and State banks yield the CBI approximately usd 500 million a month. The auctions by the CBI is how they make a profit to the bottom line of the CBI account to pay for employees, equipment etc., so that the CBI can sustain itself with out having to go the Iraqi government for additional funding to help pay for expenses for the equipment and employees.
When the Iraqi government is buying wheat from Australia the Iraqi government does not send the Australian government Iraqi Dinar for payment of the wheat. The Iraqi Dinar is a nonconvertible currency. When the Iraqi government sends the payment for the Australian wheat it tasks the CBI to send the payment. The CBI then sends the funds in US Currency to a Private Import and Export Bank in Iraq and then the Private Import and Export Bank send the funds electronically to the Australian government in Australia own currency. The Private Import and Export bank is converting the payment to Australia currency to pay for the Australian wheat.
All the data that some people are reading that the CBI is transferring Iraqi Dinar to other countries is false. The private and State banks in Iraq are buying US Dollars and sending them to other countries to deposit in accounts or make payments or buy goods for their clients. The private and state banks are not sending the Iraqi Dinar out of the country, which would be a violation of the CBI Banking laws and CPA Laws.