February 4, 2015
It’s difficult to know exactly when the Iraqi dinar is going to revalue, or RV. The dinar RV has been planned since as far back as 2003 when the Iraq was invaded by the United States. Some people also say that it’s been planned since Saddam invaded Kuwait in 1990, but nobody knows for sure when we will have a dinar RV. There are a lot of dinar guru sites out there that promote a revaluation being imminent. I always tell people to watch the Central Bank Iraq for information. The IMF world bank is another good place to keep an eye on for announcements. Dinar rv tnt Tony seems to think it’s next week, he has been saying this for quite some time. I get asked for the status all the time. I don’t have a date, but it feels like its going to be soon, doesn’t it? The people of the United States have expected it for a long time. When their currency revalues many people will be at the bank within an hour. There will still be people who will think its a scam, for them, they will be missing out.
Here are the facts, the Iraqi dinar is used and accepted in Iraq only, it’s not internationally traded since it’s value is so low. In fact, the US Dollar is being used in Iraq as well as many other countries including Vietnam, Indonesia, Zimbabwe and the reason is because their currencies are very darn near worthless. Check out these exchange rates. Here is the page on the iqd to usd. Keep watching the central bank and you will know when the revaluation occurs. It’s also possible to monitor the Iraqi dinar dollar auction results if you want to know bond rates or exchange rates. The 25000 dinar note is the most common one, there is also 5000, 10000 notes to check out. I recommend buying Iraqi dinar physically, not reserves. Dinar reserves can be a problem. Find an Iraqi dinar guru and he might tell you the same thing regarding reserves.
I try to keep the breaking news here on the dinar rv. If you want to learn more about the Iraqi dinar, check out Wikipedia dinar rv – Wikipedia page on Iraqi Dinar. You can always listen to places like dinar guru as well, it’s completely up to you, personally, I just focus on the real sites such as the world bank. Keep a close eye on the bank Iraq because you never know when they will release a press statement about the revaluation. Even though 2012 was expected to be the year the dinar revalues, it did not, and it didn’t in 2013 also. 2014 could be the year of the rv, but we can’t be sure, however, we can be prepared, the Iraqi Dinar Revaluation is coming.
Here is a link about the Iraqi Dinar Revaluation
Iraqi Dinar Revaluation News Iraqi Dinar updates.
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