Central Bank of Iraq – Important Information:
The Facts, Not Speculation

Iraqi Dinar Rebasing – Dropping Three Zeros- Redenomination

Frequently Asked Questions?

1. What is Rebasing mean? It would mean that 25,000 Dinar would become 25 Iraqi Dinar and would revaluate to an amount designated by the Central Bank of Iraq.

2. What do dropping three zeros mean? It would mean 25,000 would become 25 Iraqi Dinar and the value would be the same, you wouldn’t lose any money. You would still have to wait for the revaluation.

3. What does redenomination mean? It would mean that any money printed from 2003 until now would be re-called and new money would replace it. The money would be the same value as the old, the only difference would be for internal financial structure of the country of Iraq.

4. What happens if? Rebasing, dropping of zeros or redenomination occurs, you send us in your currency and we will replace it for you within 5 business days.

5. Is there any risk involved in my investment because of these proposed ideas? These things have been in debate since 2006, and if any of them were to happen you would in no way lose your invested money.

6. Should I stop buying Iraqi Dinar because of this?

A. If the Government and Central Bank of Iraq would decide to make any of these changes it will come with a 2 year time limit, meaning you have 2 years to turn in your money and we can do it for you.

B. No! if they revaluate the money which would be considered a rebasing, you would make a great deal of money.

C. If they drop the zeros or do a redenomination, all you must do is turn in your bills and we will replace them for you.

7. There are so many rumors circulating? This investment has a great deal of points involved and most people do not know enough information but yet make hypothetical scenarios about would could happen and if you are not sure you should ask someone that does know a great deal of information. Do not let yourself be fooled by these so-called experts who wish to poison your mind with speculation and rumors. Find the truth yourself.

Latest News