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Jeff confirms that Iraq’s current official exchange rate remains at 1310 IQD per USD on the Central Bank website, calling recent claims about a 1300-based 2026 budget misleading while emphasizing that Iraq’s own actions make a future rate change unavoidable.
Jeff’s Iraq Monetary Reality Check
In a space often filled with speculation and confusion, Jeff delivers a grounded and direct clarification regarding Iraq’s exchange rate, the 2026 budget, and recent commentary circulating within the dinar community.
His message is clear: not everything being said is accurate—and context matters.
The Truth About the 2026 Budget and the 1300 Rate
Jeff addressed claims suggesting Iraq’s 2026 budget would be calculated using a 1300 IQD per USD exchange rate, stating plainly:
“They said the 2026 budget would be calculated off of currency valued at 1310 per US dollar.”
He went on to dismiss recent chatter outright:
“Thursday’s comments are misleading garbage.”
According to Jeff, there is no official movement toward a 1300-based budget at this time.
What the CBI Website Actually Shows
Jeff emphasized an important and verifiable point:
“The rate right now on the central bank’s website live… is still at 1310.”
This matters because:
The CBI website reflects the official rate
No formal change has been implemented yet
Claims of an active 1300 rate are premature
“They are misleading you guys. There isn’t a ‘26 budget coming forward at 1300.”
However—Why the Rate Still Must Change
Despite correcting misinformation, Jeff made a crucial distinction:
“Based on Iraq’s actions they have to change the rate. They absolutely have to change the rate based on their actions alone.”
This highlights a key reality:
Iraq’s economic reforms
Infrastructure spending
International trade positioning
Budgetary mechanics
All require a future exchange rate adjustment to remain sustainable.
In other words, timing is the issue—not necessity.
A Warning to the Community: Dig Deeper
Jeff offered a sober reminder:
“You can’t trust everything out of Iraq. Sometimes you have to dive in deeper.”
This statement underscores:
The complexity of Iraqi politics
Conflicting narratives from officials
The importance of verifying sources and data
Surface-level headlines often fail to reflect real policy mechanics.
Why This Perspective Is Important
Jeff’s analysis serves as a balancing force by:
Correcting false expectations
Reinforcing factual data (1310 rate)
Acknowledging inevitable reform without hype
This type of clarity helps the community remain informed, patient, and realistic.
Q&A: Jeff’s Exchange Rate Clarification
Q: Is Iraq currently using a 1300 exchange rate?
A: No. According to Jeff, the official CBI rate remains at 1310 IQD per USD.
Q: Is the 2026 budget based on 1300?
A: No. Claims suggesting that are misleading.
Q: Will Iraq eventually change the rate?
A: Yes. Jeff believes Iraq’s actions make a future rate change unavoidable.
Q: Why is there so much confusion?
A: Conflicting statements, political messaging, and incomplete reporting contribute to misinformation.
What to Watch Going Forward
Official CBI announcements
Budget framework updates
Economic reform implementation
Verified exchange rate postings
Continued analysis from Jeff and trusted sources
Final Thoughts
Jeff’s message is not pessimistic—it’s precise.
The rate has not changed yet, despite rumors.
But Iraq’s economic trajectory makes it inevitable.
Understanding the difference between what is happening now and what must happen next is essential.
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Jeff
They said the 2026 budget would be calculated off of currency valued at 1310 per US dollar...Thursday's comments are misleading garbage...The rate right now on the central banks' website live...is still at 1310. They are misleading you guys. There isn't a '26 budget coming forward at 1300.
It's not happening...Based on Iraq's actions they have to change the rate. They absolutely have to change the rate based on their actions alone...You can't trust everything out of Iraq. Sometimes you have to dive in deeper...
