💱 Iraqi Dinar Zero Removal – How Old and New Notes Will Coexist
Jeff recently shared insights into the upcoming 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 the mechanics of the transition, what investors should know, and the timeline speculations.
🔹 How the Zero Removal Works
According to Jeff:
Old and new notes will coexist temporarily
Example: a 1,000 dinar note becomes 1 dinar
Purchasing power remains identical:
Today: 1,000 IQD = $3
After zero removal: 1 IQD = $3
“The two currencies will coexist at the same value. It’s that simple,” Jeff explained.
Table: Currency Transition Example
| Old Note | New Note | Dollar Equivalent |
|---|---|---|
| 1,000 IQD | 1 IQD | $3.00 |
| 10,000 IQD | 10 IQD | $30.00 |
| 25,000 IQD | 25 IQD | $75.00 |
⏳ Coexistence Period
The old and new notes will circulate together for a short period of time
Purpose: ensure a smooth transition without disrupting markets or daily transactions
Purchasing power does not change, so holders of old notes do not lose value
💡 What This Means for Investors
No sudden rate change is expected on January 1
Transition depends on official schedules and government announcements
Jeff emphasizes the importance of monitoring key figures traveling to Iraq, such as Mark Savaya, for potential signals on timing and execution
📅 Timeline & Key Observations
| Key Event | Details | Notes |
|---|---|---|
| Zero Removal Announcement | Date TBD | Likely aligned with government preparation |
| Coexistence Period | Short duration | Old and new notes circulate together |
| Exchange Rate | Remains unchanged initially | Value of new dinar = old dinar purchasing power |
| Key Travel | Mark Savaya to Baghdad | Potential signal of transition timing |
❓ Q&A – Featured Snippets
🔹 Will the value of the dinar change after zeros are removed?
No. The purchasing power remains the same; only the denomination is simplified.
🔹 How long will old and new notes coexist?
The coexistence period is short, designed to ensure a smooth transition.
🔹 When is the zero removal expected?
No official date yet. Jeff notes it cannot happen on January 1st unless it’s a Sunday, and timing may align with key events or official travel.
🔹 What should investors do?
Stay informed, track official announcements, and monitor key figures traveling to Baghdad, as these often indicate the next steps in the currency transition.
📌 Key Takeaways
Zero removal simplifies currency without changing purchasing power
Old and new notes will temporarily coexist at the same value
No immediate exchange rate changes are expected
Timing may align with key figures’ visits to Iraq
Investors should remain patient and avoid speculative rushes
🔗 Official Dinar Evaluation Community Links
🌐 Blog:
https://dinarevaluation.blogspot.com/
📢 Telegram:
https://t.me/DINAREVALUATION
📘 Facebook:
https://www.facebook.com/profile.php?id=100064023274131
🐦 Twitter (X):
https://x.com/DinaresGurus
📺 YouTube:
https://www.youtube.com/@DINARREVALUATION
🔥 Hashtags
#IraqiDinar
#DinarZeroRemoval
#CurrencyUpdate
#DinarCoexistence
#MarkSavaya
#GlobalFinance
#CurrencyRevaluation
#IQDUpdate
#InvestorInsights
#DinarCommunity
Jeff
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. So today whatever a 1,000 dinar note can buy, after a 1 dinar note will buy...Let's say 1 dinar equals $3.
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. It's that simple.
The rate is not going to change on January 1st. It has to be a Sunday...the next major piece I'm looking for is what they're hiding from us. That would be Mark Savaya's date of traveling from the United States over to Baghdad.