Moneydr: IMHO (in my humble opinion) … I think the RV has happened. I think that the first tiers … Countries, provinces, those individuals with over a hundred million dinar, etc… Have already cashed in — their monies have been cashed into their accounts …

 Separate accounts for their dinar and dong of course (for tax purposes)… They were given their receipts for their deposits… And once the rest of we peons get our turn, the rates will go live all at once, and the IQD and VND already deposited into the first tiers’ accounts will be available for withdrawal to spend.

No rates have been given yet, but will known once we go live … (My personal opinion is that the IQD will go for $5 and the VND will go for $.50) … Which I think is the beginning of this coming week. All the gurus seem to be saying the same thing …. Go RV.
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  Easyrider: Personally I think the CBI is ramping up to do something for the citizens, the elections are near, the pressure has been applied both by the IMF, the World bank and most importantly the citizens Maliki is being questioned by Parliament and Chapter 7 to be lifted. From what I have heard the citizens are being told their value is to increase on Iraqiya Television.

RVPleaseToday: If a bag of camel chow cost 25,000 dinar before an RV, it would still cost 25,000 dinar after an RV of any size. Inside Iraq, a dinar is a dinar. If the currency suddenly becomes worth more dollars, it isn’t going to make stuff inside Iraq cheaper.

If I’m an Iraq camel chow dealer, I’m not going to suddenly start giving camel chow away. Inflation would run rampant in Iraq. The only people who stand to make big money from an RV are those of us outside of Iraq who hold dinar we paid almost nothing for and want to exchange for dollars.

Dontlop: I like this article (??? Article???) the first paragraph talks about international use of the currency. How in the world can they revalue their currency and not add smaller denominations, they going to just round everything off to the 50 dinar note worth fifty bucks each.

They are adding other notes to what they have. The others wont be necessary after a time. The 25 k notes will be the first to go.  They will need the 10k notes to make change for the 25 k notes.

Then when they are all gone they will still need the 5 kn notes to make change for the 10k notes but they wont need the 25k notes anymore and on down the line til the 1000 notes are gone.

They have said it could take two years to do this. They only took 3 months to exchange the bremmers in for saddam notes and that was in the middle of a war. If they just wanted to exchange in the notes they wouldn’t need a two year exchange period.

What does iraq lose if they give me 1 million dollars for their currency if its worth 1 million dollars. If they rv for a dime and its worth 100 grand and they give me one hundred grand for it, how much did Iraq lose? It’s just an exchange, no gain no loss.

Now if they rvd first, then sold it to me for a thousand dollars, then I’d say they lost 999 thousand dollars but they didn’t. We helped them circulate their currency for them. We paid for that to happen.

Once it’s all over the world then rv it. Now it’s only redeemable for goods and services in Iraq, just like the dollar is only redeemable for goods and services or another dollar. Now I’m reaching.

You would think if they revalued their currency to be redeemable at a value equal to a dollar, that most countries would like to hold a few of those in their treasury as a foreign reserve.

Knowing they can redeem it for goods and services of Iraq, knowing how much oil they have. I’d say its a brilliant marketing scheme, disperse your currency all over the world then revalue it.

Sounds like that would be good for the economy, exchanging it back in for oil in the long run. That’s the most popular export of Iraq. How else could they distribute their currency throughout the world? It would take a century to do it any other way.

4-12-13 Gainesm: I do not think it is even possible for a tiered payout system to be in place anywhere except for the ISX arena, and even then – it isn’t possible since tiered payout systems only happen in the types of brokerage and investment offerings that are, as of yet, not possible to do in Iraq since the bill to enable the capability has yet to pass Parliament.

If there’s another type of fund or arena that might do this, I’m not aware of it.

I do think it is logical to believe a person can log into a site and see the approximate projected value, in USD, for their investments at a projected date in the future – I can do that with my own US shares of stocks that I don’t vest for another few months.
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  Projected value based on a return on investment – and that sort of thing doesn’t apply with currency values. It’s ludicrous to believe there is a system in play like the one being discussed here.

If such a thing were true it would be all over the internet and not just on Dinar-related websites.

Do I think it is plausible the RV has been decided upon, but not enacted, for some unknown reason and that some people are aware of this? Yes, I think it is plausible.

I just do not think it is probable that the only person on the planet to say so is some dude’s wife on a Dinar-related website.

4-12-13 BETTYBOOP: I think because of the crime rates in Iraq they (qi cards) are vital in reducing this. Whether or not they (qi cards) relate directly to a currency change is another matter.

However, if they are going to be able to use them internationally then their currency would need to be an internationally recognized one. So indirectly yes it can be argued that they are important. Additionally, if the rate was to remain where it is… would it be worth having an international card?

If an Iraqi was to order something via the Internet… by the time the exchange rate is applied their account could be pretty much empty.

 If I remember correctly they are only going to have 400 dinar charged on them, all be it this will be paid back to Jan. 1st 2013. that however is a very small amount of dinar in the world markets, thus it maybe considered to be one if the catalysts in the increase in the rate. JMHO.

I am going to try and give a general outline of some of the things happening in the next week or so as well as some of the items we are looking for. Hopefully this will be helpful. Please remember that this is IMO only.

Yesterday- April 10th- budget posted. Today- April 11th – Budget is effective except that it is a holiday and therefore will not be open until Sat/ Sun (April 13/14) the next business day. By doing this they can effectively mask the rate until the 14th possibly going into the 15th.

Which brings us to the other item for today. The UN operational rates. They are posted today to be effective on the 15th. However, they are not necessarily updated prior to the event.

So will they or won’t they? We don’t know. Sat the 13th- early elections for the military and police. But they haven’t been paid because the budget has not been opened. How will that affect things? Interesting to watch and see.
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Sun the 14th- First business day after the budget being effective. So the budget is now open. Will they raise the rate? A day to watch. If they don’t will they do it on Mon the 15th?

Once again we don’t know. So what do we start watching for ? LDs, people being paid, contracts being signed and paid. This will all give necessary information that the teams are looking for.

Will it happen this weekend into Mon? No one knows. But the odds are favorable when you factor in that Pharmaceutical Contract that was postponed into next week, so that they could use dinars to pay it, the fact that they need to pay their people, and most importantly general elections on the 20th.

Anyway these are just some of my recollections of what is occurring and why. Please check your own notes to verify and correct if necessary. I hope that by putting this into written form it may clarify things for you. We are close.

I noticed that people were asking about the DFI funds. Let me see if I can help a little with that as well. Once again this is just my opinion. We need to go back to Feb 23rd and the expiration of the Standby Agreement. When this expired this triggered something that everyone is forgetting about.

The payments of their debts must be started within 90 days, and in their own currency. For that to happen they must be international. When does the 90 days expire? By design May 22.

If they do not become international and start repaying their debts on May 23rd all assets and funds held in other countries become eligible for lawsuits and seizure.

So while CH VII is the reward, the DFI Funds protection is the big stick. Will they renew the protections? IMO only if they do what they are supposed to. This is just my interpretation of things, please do your homework to see if you agree