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Is Iraq’s move to 1300 IQD a real revaluation?
According to Frank26, the shift from 1320 to 1300 IQD is not a true rate change, but an official announcement of the existing exchange rate.
Iraq must reach at least 1000 IQD, and ultimately 1 to 1 purchasing power, to become viable internationally and attract global investment.
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The following content reflects Frank26’s opinions and analysis.
This information is shared for educational purposes only.
Always consult a qualified financial or investment professional before making financial decisions.
CBI Announcement: 1320 to 1300 — “Big Deal? Not Really.”
Frank26 did not mince words regarding the Central Bank of Iraq’s announcement:
“The CBI announced they increased the value of the Iraqi dinar from 1320 to 1300. Big deal. It’s not impressive.”
Why?
Because:
This move does not change purchasing power
It does not represent a market revaluation
It is simply an official acknowledgment of the exchange rate
In short, this was administrative, not transformational.
This Is NOT a Rate Change — It’s a Statement
Frank26 emphasized a critical distinction many investors overlook:
❌ Not a revaluation
❌ Not a float
❌ Not an international rate
✅ An official announcement of the existing exchange rate
This signals preparation, not completion.
Why Iraq Must Reach 1000 IQD First
According to Frank26, Iraq has a clear numerical path it must follow:
Step-by-Step Logic:
Move to 1000 IQD
Stabilize purchasing power
Make it easy to transition to 1 to 1
Introduce international tradability
“They need to get to 1000. Then it would be easy to make it 1 to 1.”
This progression is essential for credibility.
Purchasing Power Is the Real Goal
Frank26 made it very clear:
“We need purchasing power of at least 1 to 1.”
Without purchasing power:
Citizens remain poor
Foreign investors stay away
Contracts fail
Economic growth stalls
A higher nominal rate alone means nothing without real buying power.
Why Iraq Cannot Go International at 1310
One of Frank26’s strongest arguments centers on profit.
“If Iraq goes international at 1310, which you have never done before, there is no profit.”
Key Realities:
The global community demands profit
Foreign companies did not sign contracts at 1310
No investor enters a market to break even
International players require strong currency confidence
At 1310, Iraq offers no incentive.
Global Economics 101: No Profit, No Participation
Frank26 summarized global reality bluntly:
“That’s not what the global community wants to do with you.”
At 1310:
❌ No foreign capital inflow
❌ No serious contracts
❌ No economic respect
❌ Continued poverty
“You remain poor at 1310.”
“Iraq Needs to Grow Up” — Playing with the Big Boys
Frank26’s message was not emotional — it was economic:
“If Iraq wants to play with the big boys, it has to be with big money.”
That means:
Stronger currency
Real purchasing power
Competitive international rates
Investor-friendly environment
Without this, Iraq stays regional, not global.
Q&A – Straight Answers from Frank26’s Perspective
Q: Is 1300 IQD a revaluation?
A: No. It’s an official exchange rate announcement.
Q: Why is 1000 IQD important?
A: It makes the transition to 1:1 logical and achievable.
Q: Can Iraq go international at 1310?
A: No. There is no profit incentive.
Q: What do investors demand?
A: Profit, stability, and purchasing power.
Q: What happens if Iraq stays at 1310?
A: Continued poverty and limited global participation.
Strategic Insight for Dinar Watchers
Frank26’s analysis suggests:
The real move has not happened yet
1300 is preparatory
The end goal is 1 to 1 purchasing power
Internationalization requires economic maturity
This is a setup phase, not the finale.
Final Thoughts
The message is simple but powerful:
1300 is not impressive
1310 cannot support international trade
1000 is the gateway
1 to 1 is the goal
Until purchasing power rises, nothing truly changes.
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Frank26
The CBI announced they increased the value of the Iraqi dinar from 1320 to 1300, big deal. It's not impressive...They're trying their best to tell you some things...They need to get to 1000. Then it would be easy to make it 1 to 1...We need purchasing power of at least 1 to 1...It's not a rate change. It's an official announcement of their exchange rate...
What I find crazy is if [Iraq] goes international at 1310, which you have never done before, there is no profit. That's not what the global community wants to do with you. They're not going to come into your country. They didn't sign contracts at 1310. They demand a profit. Iraq needs to grow up and realize if they want to play with the big boys it has to be with big money...You remain poor at 1310.