EXCERPTS FROM MNT GOAT: Once the parallel market gap is gone and the dollar matches or better (1:1), the CBI official rate of 1320 , the " Officia" Rate will RV

 EXCERPTS FROM MNT GOAT

What can we expect, most likely in 2025?

Once the parallel market gap is gone and the dollar matches or better (1:1), the CBI official rate of 1320, my contact told me the “official” rate will then revalue. 

My guess is it will be around 1166ish or better. They might go straight to 1 dinar = $1 dollar even. Was 1166 not the “official” rate of the Dr Shabibi era when in 2012 he announced the Project to Delete the Zeros was targeted for the fall of that year? I think Ali Alaq has a better plan going better because he can, while in Dr Shabibi era Iraq was still under sanctions.

This is how it works:

Remember for your thought process that a rise in the rate of the dinar is less dinars to the US dollar not more. 

I know it is backwards to what some believe as we call a rise usually means more not less. So, actually it is a downward trend in the number of dinars to make up one US dollar. This strengthens the dinar.

 So, if the official rate is 1320 we want the dollars in the parallel market to reflect the same or less rate of 1320.