labuti

The plan is no secret... It has been in place since 2010. The rate will up to 1000 to 1. Then gradually replace the bills with the new ones. There has not been any mention of dropping the 000's from the rate. just poorly translated articles that are misleading.

Dropping the 000's 101..... 25k = $25.00 10k = $10.00 5k = $5.00 1k = $1.00 500 = .50 250 = .25 50 = .05 Introduce the 100 dinar bill with the Kurdish language. = $100.00 This is why they never printed the 100 dinar bill. Then exchange the rest of the bills with smaller denominations and coins. This is the plan. SORRY.... I was there and I keep in contact with private bank executives.

I have spoken with 2 private bank owners in Iraq. They have said that they have been recieving lots of the small bills lately! The small bills are the 500,250 and some 50's. Have you seen this happening where you are?

the 50's do exsist. check the cbi website... it shows all the notes in circulation.

That's right.. The 50's do exsist and are still in circulation. But, 250's seem to be the smallest bill in everyday use.

I would like to comfirm some information with anyone who is in Iraq..... I was in Iraq directly involved with the banking business and I have keep in contact with 2 bank owners. They have confirmed that they are recieving less and less of the 5k, 10k and 25k notes. The big notes they are getting are 1k! I also asked about the small bills. They both said that there is nothing smaller than 50's. Most of the bills in use are 250 and up. These are small private banks and I would like to find out if this is the case with the larger banks. I would like to hear only from people there and what the location of the banks are.. (ie city) Thanks and stay safe.

3. yes there is going to be new dinar and coins. the dinar will be without the last 3 zeros. 25000 wil now be 25 and so on. the people are talking about this and are very excited and looking forward to the new money. but do not know when it will start being used or handed out. It's no secert that the large bills are going to to be eventually replaced. What we need to look at is the decrease in the flow of the large bills. Despite our hopes there will be no sudden changes... I know this because I was in Iraq directly involved with the new banking system. The goverment, the budget and the release of funds are only the start of things to come. There is too much Dinar in circulation. Iraq is going to take steps to reduce this by small increases in value and gradually removing the large bills.THINK LONG TERM....We will see pennies before we see dollars!

Thanks for the replies we have found a good source. Good luck.........

Thanks for the replys. Let me make this a little clearer.. I'm only looking for 1000,500 or 250 Dinar notes.

I will pay $9000.00 per million of notes 1000 or smaller. They must be uncirculated and certified. I will make the exchange in a NYC bank with certified funds. I am part of an investment group looking to purchase at least 10 million. All contact must be keep private.

i call them this morning to place a large order of 250's. Spoke with Abraham and he said that Iraq has stopped the sales of Dinar. He said he is holding on to his inventory until things change. I have placed several orders from them. I never had a problem and he said he will continue selling his other products.

Tried to place an order with silver greeting. I was told that Iraq has suspended the sale of Dinar! Can anyone confirm this?

Print more money?? How many people are going to buy Big ticket items with cash?? Most of the dollar exchanges will be done electronicly.. The large bill IQD will be sent back to Iraq and destroyed.

I have bought from Silver Greetings. I had good experieince with them. But his prices are going up everyday. It may be supply and demand. But it starting to look like greed. I bought 10x100x50 dinar note pack for 310.00 a few weeks ago now it's 399.00!!! Execpt for the 50 Dinar notes Iraqdinars.com prices are much less. I just want to get some feedback before I order from them. No contact #'s on the site is unusual??/

Thanks... But, they don't take credit cards or sell small denominations.