MNT GOAT: Political Shifts Signal Stability, Not an Instant RV
An important political development may soon bring additional stability to Iraq. According to reports, Nouri al-Maliki is expected to endorse Mohammed Shia’ Al-Sudani for Prime Minister, narrowing the competition and potentially ending prolonged political tension.
Featured Snippet:
“Sources suggest Maliki may endorse Sudani’s nomination, helping stabilize Iraq’s political framework.”
Political clarity is a prerequisite for monetary reform, but it should not be confused with an immediate revaluation.
The 1300 Rate: Let’s Get the Facts Straight
Despite widespread confusion, the 1300 dinar figure is NOT a revaluation.
MNT GOAT emphasizes:
The 1300 rate is NOT the public trading rate
It is a policy exchange rate used internally
It has been in use since February 2023
Its purpose is currency stability and inflation control
This policy was reaffirmed by the Central Bank of Iraq (CBI) to reduce speculation—not to signal an RV.
Read carefully:
This is NOT the official investor exchange rate.
How the 1300 Rate Actually Works
According to official explanations:
CBI buys USD from the Ministry of Finance at 1300
CBI sells USD to banks at 1310
Banks sell USD to traders and transfers at 1320
Featured Snippet:
“The 1300 dinar rate is an internal stabilization mechanism, not a new public exchange rate.”
This structure creates controlled margins that protect the dinar during economic transitions.
Why the CBI Reiterated This Now
The CBI clarified the 1300 policy because:
Speculation intensified
ASYCUDA implementation caused short-term shocks
Parallel (black market) activity increased
Misinterpretations spread across online communities
Clarification is preventative, not reactionary.
ASYCUDA: The Missing Piece Most Ignore
The ASYCUDA customs system is directly linked to the 1300 rate strategy.
Its goals include:
Regulating international trade
Protecting domestic markets
Improving customs efficiency
Reducing corruption
It is NOT primarily about replacing oil revenues, despite misconceptions.
Featured Snippet:
“ASYCUDA is designed to regulate trade and protect Iraq’s economy, not to instantly boost government revenue.”
Revenue Reality vs. Long-Term Potential
While current estimates suggest customs revenues of $8–10 billion annually, this reflects today’s import structure, not Iraq’s future potential.
Long-term potential includes:
Port of Faw
Development Road Project
Iraq as a regional trade hub
All reforms must start somewhere, and infrastructure comes before scale.
Why the Dollar Spiked in the Parallel Market
The recent spike occurred because:
ASYCUDA phases are still rolling out
Traders reacted prematurely
The black market is illegal and reactive
This is temporary volatility, not failure.
Previously, after earlier ASYCUDA phases, the dinar strengthened again—dropping near 1305.
Yes, It Is a Phased Approach
Despite criticism, ASYCUDA has been rolled out in phases since 2023.
Even studies criticizing the pace admit:
Gradual implementation reduces shock
Policy sequencing matters
Adjustments are ongoing
Featured Snippet:
“The CBI is using the 1300 rate to absorb economic shocks during ASYCUDA implementation.”
Key Message from MNT GOAT
Stop reacting emotionally
Stop chasing hype
Read the articles fully
Connect the dots
Understand cause and effect
Not every headline means RV tomorrow.
Q&A: MNT GOAT Update Explained
Q1: Is the 1300 rate a revaluation?
A: No. It is an internal stabilization rate used since 2023.
Q2: Can investors exchange at 1300?
A: No. The public trading rate remains higher.
Q3: Why is ASYCUDA important?
A: It modernizes customs, reduces corruption, and stabilizes trade.
Q4: Is Iraq using a phased approach?
A: Yes. ASYCUDA and monetary measures are being implemented gradually.
What Investors Should Do Now
🧠 Learn, don’t react
📖 Read official Iraqi sources
⏳ Let reforms play out
🔍 Focus on fundamentals, not hype
Everything does not happen in a vacuum.
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Hashtags
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Final Thoughts
The 1300 rate is a tool, not a trigger.
ASYCUDA is a process, not a shock event.
Political clarity is progress, not the finish line.
Relax. Read. Learn. Let the truth surface.
MNT GOAT
So, here is an interesting point of view in article titled “RECONSTRUCTION AND DEVELOPMENT: IT IS LIKELY THAT MALIKI WILL ENDORSE SUDANI’S NOMINATION FOR PRIME MINISTER IN THE COMING HOURS.” Abdul Hadi Al-Saadawi, a member of the Reconstruction and Development Coalition, confirmed that the competition within the framework has become limited to Maliki and Al-Sudani, and that one of the two parties must concede to the other, suggesting that Maliki will, in the last hours, endorse Al-Sudani’s nomination for the premiership.
I can see that by the blog comments on the CBI latest announcement about the 1300 dinar that many still don’t know the truth or refuse to believe it. Folks, I know you want the RV real bad but making up stories will certainly not get it for you. It will only prolong the confusion and pain already in this dinar intel community on the web. So, let’s get real and listen to what the CBI tells us about this 1300 rate.
If I were you, I would read the latest article on this 1300 rate subject matter to help clarify it for you. The article is titled “WHAT DOES FIXING THE DOLLAR EXCHANGE RATE AT 1300 IN THE 2026 BUDGET MEAN? AND DOES THE CENTRAL BANK HAVE A PLAN TO CONTROL EXCHANGE RATE FLUCTUATIONS? A SUDANESE ADVISOR EXPLAINS.” Folks Iraq is telling us what it means are you going to listen?
So, here it is in a short summary. This is not the “official” rate for investors, the public to buy and sell dinar. Get it? It is just an “official exchange rate policy used” to control stability in the dinar and not the “official” rate going forward for 2026 down from 1320. I know something was lost in the wording from Arabic to English. But it describes below how the 1300 rate will be continued to be used in 2026 budgeting and how it was used since 2023.
“The Central Bank stated that “the official exchange rate that will be adopted in 2026 is (1300) dinars per dollar, which has been in effect since February 2023.”
Sources revealed that “the Central Bank will buy dollars at a price of 1300 dinars from the Ministry of Finance and sell them at a price of 1310 dinars to banks, which will sell them at 1320 dinars to traders and foreign transfers.”
Can it get any clearer now? Please stop listening to these other intel guru idiots and their hyped up RV versions of what it means.
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Another topic that needs some clarification is the recent impact of implementation of the ASYCUDA system and how it is the culprit that ties directly into the 1300 rate the CBI is using to stabilize the economy from the shock of the new customs duties. The CBI also told us in the previous article that they will continue this stabilization process in 2026 since they feel the impact of the ASYCUSDA will continue during this timeframe. Take a look at the recent article titled “LEARN ABOUT THE IRAQI GOVERNMENT’S OBJECTIVES IN IMPLEMENTING THE ASYCUDA CUSTOMS SYSTEM.” We must connect the dots and see how the pieces in these articles fit together to get the entire picture and not go off half-cocked.
I quote from the article – “The Center for Strategic Research and Studies affirmed on Saturday that the implementation of the ASYCUDA system and the recent package of customs procedures is not primarily aimed at compensating for the decline in oil revenues, but rather falls within the framework of regulating international trade and protecting the national economy”. Yes, this is it’s primary objectives. But we also learned years ago the massive future potential for revenues to rival that of the oil revenue.
“The center stated in an analytical study followed by Al-Sa’a Network that “the simultaneous launch of the ASYCUDA system, the pre-calculation of customs tariffs, the collection of tax deposits, and the activation of quality control, with the decline in public revenues, led to a mistaken belief that the main objective of these measures is to increase non-oil revenues,” indicating that “this perception does not reflect the essence of customs policies.”
He pointed out that “customs tariff revenues, even in the best of circumstances, will not exceed 8 to 10 trillion dinars annually, (about 8-10 billion) an amount that only covers one month’s expenses of the general budget,” noting that “a decrease in the price of a barrel of oil by $5 is enough to completely eliminate these revenues.”
I was amazed at this past statement as we have been told many times through other articles the funds collected could rival the oil revenues if they were collected and managed correctly. What the hell is wrong with 8-10 billion dollars anyway? Is this article talking about just the funds from current imports as of today or from a standpoint of Iraq being a clearing house for the middle east and parts of Europe with massive imports and exports through the port of Faw and the Development Road project? We must also remember that if these revenues along with other non-oil sources of revenues can be accounted for and sent to the national treasury, we can see some significant changes in Iraq. But they must start somewhere and these negative comments in these articles don’t help Iraq move forward. Is the glass half empty or half full?
So, this next paragraph explains why the dollar spiked again in the parallel market. One must keep in mind that the parallel market is an illegal black market. Remember they have been rolling out this new customs system since 2023, so no one is going to tell me this isn’t a “phased approach”. The dollar rise is temporary while they implement the next phase of ASYCUDA system. In the end of the last phase of implementation, if you recall, the dinar went as low as 1305 afterwords, so it was reported. So, they have a plan, and it does include a phased approach. Could they have done a better job maybe and included more phases thus roll out certain products more slowly? Probably, maybe but I am not the expert nor are the authors of this article. So, suggestions may be a good idea but is not today’s reality. By the way where were they when they were planning this event of rollouts…
So, here is more from the article and I quote – “The study criticized “implementing all the measures at once,” arguing that “a gradual approach would have mitigated the shock by starting with the most valuable and impactful goods, and postponing some systems such as tax trusts and quality control to later stages.”
Yet more proof that the CBI is just using the 1300 rate as a stabilizing factor for the economy while the phase in the ASYCUDA system in article titled “NO FEAR FOR THE DINAR… THE “MONETARY AUTHORITY’S” MEASURES ABSORB THE DOLLAR SHOCK AND PREVENT INFLATION.” Their words not mine. I don’t make up RV stories. Remember no Hype or Rumors! Again, in this article we get the connection between the 1300 CBI actions and the ASYCUDA system implementation. Folks, this is not rocket science to understand but you have to read the articles and tie it all together and stop knee-jerk reactions/thinking. Let it play out and the truth always surfaces. Events don’t happen in a vacuum. The news from Iraq responds to events. Relax and take the RV hat off and learn! Everything is not about the immediate RV.
