JEFF : šŸ’± Iraqi Dinar Zero Removal – How Old and New Notes Will Coexist

1 hour ago 1
ARTICLE AD BOX

šŸ’± Iraqi Dinar Zero Removal – How Old and New Notes Will Coexist

Jeff recently shared insights into the upcomingĀ Iraqi dinar zero-removal process, explaining how old and new notes will coexist and how purchasing power is expected to remain stable. This post breaks down theĀ mechanics of the transition, what investors should know, and theĀ timeline speculations.


šŸ”¹ How the Zero Removal Works

According to Jeff:

  • Old and new notes will coexist temporarily

  • Example: aĀ 1,000 dinar note becomes 1 dinar

  • Purchasing power remains identical:

    • Today: 1,000 IQD = $3

    • After zero removal: 1 IQD = $3

ā€œThe two currencies will coexist at the same value. It’s that simple,ā€ Jeff explained.

Table: Currency Transition Example

Old NoteNew NoteDollar Equivalent
1,000 IQD1 IQD$3.00
10,000 IQD10 IQD$30.00
25,000 IQD25 IQD$75.00

ā³ Coexistence Period

  • TheĀ old and new notes will circulate togetherĀ for aĀ short period of time

  • Purpose: ensure aĀ smooth transitionĀ without disrupting markets or daily transactions

  • Purchasing power does not change, so holders of old notes do not lose value


šŸ’” What This Means for Investors

  • No sudden rate changeĀ is expected on January 1

  • Transition depends onĀ official schedules and government announcements

  • Jeff emphasizes the importance of monitoringĀ key figures traveling to Iraq, such asĀ Mark Savaya, for potential signals on timing and execution


šŸ“… Timeline & Key Observations

Key EventDetailsNotes
Zero Removal AnnouncementDate TBDLikely aligned with government preparation
Coexistence PeriodShort durationOld and new notes circulate together
Exchange RateRemains unchanged initiallyValue of new dinar = old dinar purchasing power
Key TravelMark Savaya to BaghdadPotential signal of transition timing

ā“ Q&A – Featured Snippets

šŸ”¹ Will the value of the dinar change after zeros are removed?

No. The purchasing power remains the same; only theĀ denomination is simplified.

šŸ”¹ How long will old and new notes coexist?

The coexistence period is short, designed toĀ ensure a smooth transition.

šŸ”¹ When is the zero removal expected?

No official date yet. Jeff notes itĀ cannot happen on January 1st unless it’s a Sunday, and timing may align with key events or official travel.

šŸ”¹ What should investors do?

Stay informed, track official announcements, and monitorĀ key figures traveling to Baghdad, as these often indicate theĀ next steps in the currency transition.


šŸ“Œ Key Takeaways

  1. Zero removal simplifies currencyĀ without changing purchasing power

  2. Old and new notes will temporarily coexistĀ at the same value

  3. No immediate exchange rate changesĀ are expected

  4. Timing may align with key figures’ visitsĀ to Iraq

  5. Investors should remain patientĀ and avoid speculative rushes


šŸ”— Official Dinar Evaluation Community Links

🌐 Blog:
https://dinarevaluation.blogspot.com/

šŸ“¢Ā Telegram:
https://t.me/DINAREVALUATION

šŸ“˜Ā Facebook:
https://www.facebook.com/profile.php?id=100064023274131

🐦 Twitter (X):
https://x.com/DinaresGurus

šŸ“ŗĀ YouTube:
https://www.youtube.com/@DINARREVALUATION


šŸ”„ Hashtags

#IraqiDinar
#DinarZeroRemoval
#CurrencyUpdate
#DinarCoexistence
#MarkSavaya
#GlobalFinance
#CurrencyRevaluation
#IQDUpdate
#InvestorInsights

#DinarCommunityĀ 

JeffĀ Ā 

Ā Ā When they remove the zeros from the currency...the two currencies will coexist...at the same dollar value...So a 1,000 dinar note becomes a 1 dinar note.Ā Ā So today whatever a 1,000 dinar note can buy, after a 1 dinar note will buy...Let's say 1 dinar equals $3.Ā Ā 

The two currencies will coexist for a short period of time...1,000 X $3.00 = $3,000 and 1 dinar will equal $3.00...The two currencies will coexist at the same value.Ā Ā It's that simple. Ā 

The rate is not going to change on January 1st. Ā It has to be a Sunday...the next major piece I'm looking for is what they're hiding from us. Ā That would be Mark Savaya's date of traveling from the United States over to Baghdad. Ā 

Read Entire Article