In this video we go over
In this video we go over the history of Iraqi Banknotes. From the past to the present. The first series of Dinar dates back to 1932. It was issued to replace the Indian Rupee and its design featured King Faisal I. As time progressed, images of Royalty were removed from the faces of the banknotes and were replaced by scenic imagery of the country like, landscapes, buildings and landmarks. Later on banknotes started featuring former leader Saddam Hussein. Due to sanctions on the country the quality of the banknotes during this era had very poor quality. The last banknote to feature Hussein was the 10,000 Dinar. Afterwards came the current series of circulating banknotes. They no longer feature Saddam. The red 25,000 Dinar is the most popular of the series but, recently a brown 50,000 Dinar was released for circulation. What do you think about the evolution of Iraqi banknotes? We are also swapping Dinar for Zimbabwe Dollars, if you are interested check the link below.
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It's not Eye-rack for God's sake.
Hello I love your website
I wish I had some Iraqi Dinar for my coin and banknote collection and some Iraqi stamps.
When dinar will RV?why taking so long..
Following US Government
Following US Government appropriation of contracts for Iraq gives us a good idea when to prepare for changes. As it stands the US Government is spending hundreds of millions of dollars in Iraq. We can use these actions to help determine exactly what is going on in Iraq. See Links Below:
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How to Become a Government Contractor
Example of Request for Quote
Department of Defense Contracts
***** So when you see an RFP for items which pertain to Revalue...… then you'll know. ******
Foreign Currency News: Currency Increasing
IQD Rate: https://iqd.fxexchangerate.com/
How to become a government contractor.
Request for Quotes for Iraq Contracts.
Request for Proposals;
Fulfilling contracts with the US Gov
Money appropriated to Iraq
US Iraq relationship
Money being spent in Iraq by US Gov,
wow great video
What a mess! WTF...
Aloha from Kauai Sandy. I have a question for you. I've been holding on to a few hundred thousand dinars since 2005. I know a rate change is finally about to happen and I was wondering where or how you come up with a value of 50 cents American to 1 Iraqi dinar? I know nobody really know for sure of when or how much and do you think that 50 cents is the value of a dinar or do you think it could be more as a lot of us Iraqi dinar holders are hoping for? Thanks Sandy, nice place Puerto Escondido is. I went surfing there in 1985 and the town was still really small back then.
John from Kauai
(19 Dec 2020) Iraq's
(19 Dec 2020) Iraq's central bank on Saturday announced it will devalue the Iraqi dinar by over 20 percent in response to a severe liquidity crisis brought on by low oil prices, a measure that has sparked public outrage as the government struggles to make payments.
Riot police were dispatched outside the central bank headquarters in central Baghdad prior to the announcement in the event news of the devaluation sparked protests.
A leaked draft of the state budget law for 2021 caused furor on the Iraqi street last week as it confirmed plans to devalue the dinar.
The new rates represent a dramatic reduction from the previous official rate of 1,182 IQD.
It is the first reduction in exchange rates that the Iraqi government has made in decades.
In a statement, the Central Bank set the new rate for the dinar, which is pegged to the U.S. dollar, at 1,450 IQD when selling to the Iraqi Finance Ministry.
The dinar will be sold to the public at 1,470 IQD and to other banks at 1,460 IQD.
The devaluation raised the prospects of the dinar weakening further on the street.
The rate has already risen to 1,400 IQD per U.S. dollar on Saturday, up from 1,300 IQD last week, at currency exchange agents.
Since an oil price crash earlier this year, Iraq has been grappling with an unprecedented liquidity crisis.
The crude-exporting country has had to borrow from the bank’s dollar reserves to pay the nearly 5 billion US dollars in monthly fees for public salaries and pensions.
Oil revenues, which account for 90% of the budget, have brought in an average of $3.5 billion.
Efforts to introduce reforms have been met with opposition and to date, the government has been borrowing internally to foot state bills.
A devaluation would give oil-rich Iraq, which imports nearly all of its goods, more dinars in hand to make urgent payments.
But setting a new rate has been a delicate balancing act to satisfy the government's needs for liquidity without impacting the average Iraqi.
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I honestly don’t believe will last too long. Hopefully by the end of Q1
What the hell did I just watch....no voiceover no subtitles ?
The Dinar investment scam started 12 years ago. The “reval” is always just around the corner...
The CBI told the people they would not devalue the currency very recently. So what game is the CBI & the IMF playing.
Can they blatantly lie to the citizens like that.
It was there in black & white for everybody to see.
So what are we dealing with, a bunch of liars & corrupt people handling the worlds financial system, God help us.
Dang i feel bad for these people! God please help them and make there money of value.