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Central Bank of Iraq to Release 100,000 IQD Note – No RV

Posted by 365guy on September 9, 2016 in Iraqi Dinar |
100000 iqd banknote

I have added a new section on the Iraqi Dinar for this website. The reason I did this is because we are getting closer to the time that Iraq will be releasing a new 100k banknote. What it looks like is anyone’s guess, but it will be posted on the CBI website before it’s posted anywhere else. Perhaps I should rephrase that. Normally, we hear that the new banknotes will be released by another online website, then a press conference confirms the statement, finally the CBI releases their own statement followed by the release of the banknotes. The currency of Iraq is weak, it has been weak for some time. Many are saying that the Iraqi Dinar revaluation should have happened already. The new Iraqi dinar banknotes will have the latest security features, including: Color changing ink Better paper quality Watermark (may be more than one this time) Larger size (larger denominations are bigger in size) English, Kurdish and Arabic text It’s only a matter of time until these notes are released.  We will be keeping a close watch on the news coming out of Iraq. In the meantime, we advise investors to avoid the dinar guru websites such as dinar vets, chronicles, recaps and updates because they tend to promote lies that never come to fruition. It’s best to just sell the currency you currently hold, rather than waiting on something that is never going to happen.  Investing and speculation are two very different things. The difference between an RV and a redenomination is value.  In a redenomination, 25,000 becomes 25, but the value does not change, it’s called a LOP by some, or deletion of the zeros by others. Iraq has never said that they would revalue or RV their currency, that was made up by gurus like Terry K (Terrence Keller) of the GET Team website. In the video above, the Prophecy Club is shown to be promoting private dinar exchanges, and they will gladly store a clients currency until the time is right. 2017 is when the CBI Iraq may release the new 100k notes.  

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