
The IQD RV has the potential to significantly impact the global currency market. The Iraqi Dinar's value is currently pegged to the US Dollar, but a revaluation would allow it to float freely on the market.
This could lead to a surge in demand for the IQD, causing its value to increase rapidly. According to the article, the IQD's value could potentially increase by 10-20 times its current value.
The global currency market is highly interconnected, with currencies influencing one another's values. A major shift in the IQD's value could have far-reaching effects on the global economy.
The article highlights the importance of understanding the IQD RV's potential impact on the global currency market. By staying informed, investors and traders can make more informed decisions about their investments.
A fresh viewpoint: Revalue Iqd Is Live at 3.47 to the Usd Today
Understanding IQD RV
The Iraqi dinar's value has been on a wild ride. By 1993, it had fallen from $3 to less than a penny due to inflation and government corruption.

The US-led coalition's overthrow of the Iraqi government in 2003 led to a new currency being introduced in 2004. New dinar notes were printed in the UK and exchanged at par value for Saddam dinars.
Many speculators bought large amounts of Iraqi dinars in the early 2000s, expecting the currency to rise. Some pointed to the Kuwaiti dinar's success after the Gulf War as evidence.
However, several US regulators warned of scammers selling dinar "investments" for inflated rates and fees. This led to concerns about the legitimacy of dinar investments.
In 2007, the IMF praised the Iraqi government's anti-inflation measures, which included raising policy interest rates and allowing the dinar to appreciate. This led to hopes that the Iraqi economy would recover.
But in late 2020, the Iraqi government announced a devaluation of over 20% of the dinar. This measure resulted in public protests, highlighting the ongoing struggles of the Iraqi economy.
You might like: New Coin Market Cap
Iraq's Economy and Currency

Iraq's economy is complex, and one reason is the presence of two exchange rates for the dinar. This is due to the country's history and economic policies.
Professor Frank Gunter of Lehigh University has studied the dinar exchange rate and noted its key changes over the years. The consequences of having two exchange rates are significant and far-reaching.
Iraq's dual exchange rate system affects businesses and investors, making it challenging to navigate the economy.
On a similar theme: Crypto Exchange Trading Volumes
USD Chart
The USD chart for Iraq's currency, the Iraqi Dinar (IQD), shows a significant fluctuation in value. The exchange rate can vary greatly depending on the source and current market conditions.
In 2020, the exchange rate was around 1 USD to 1,200 IQD. This indicates that the value of the US dollar is quite high compared to the Iraqi Dinar.
The Iraqi government has implemented policies to stabilize the currency, but the impact on the USD chart has been limited.
You might like: Altcoin Dominance Chart
IBBC Issues Paper on Iraq De-Dollarisation

The IBBC has issued a major new paper on de-dollarisation of Iraq's economy. This paper was launched by Professor Frank Gunter, who published it as part of a series commissioned by IBBC's advisory council.
The paper focuses on the challenges of de-dollarisation for Iraq. De-dollarisation refers to the process of reducing or eliminating the use of the US dollar in a country's economy.
Professor Gunter's paper was actively contributed to by IBBC members and advisory council members.
Additional reading: Regular Toilet Paper
Central Bank and IQD RV
The Central Bank of Iraq is actively working to increase the value of the Iraqi Dinar. They convened with the Finance Committee to discuss monetary policy and methods to boost the currency's value.
The Governor of the Central Bank of Iraq, Ali Al-Alaq, was present at the meeting. He is likely to play a key role in implementing any new policies that aim to strengthen the Iraqi Dinar.
The Finance Committee, chaired by Atwan Al-Atwani, emphasized the importance of monitoring the economic file. This suggests that they are taking a proactive approach to addressing the country's economic challenges.
Ali Al-Alaq is the Governor of the Central Bank of Iraq, and he will be instrumental in implementing any new policies to increase the value of the Iraqi Dinar.
Readers also liked: Sui Crypto Currency Value
Trump's Impact on IQD RV

Donald Trump's presidency had a significant impact on the Iraqi Dinar Revaluation (IQD RV) theory. The theory, which suggests the Iraqi Dinar will increase in value by a significant multiple, gained traction among Trump supporters.
Believers in the IQD RV theory often connected it to a broader narrative about Trump leading a global financial reset. This narrative tied in with QAnon-adjacent beliefs about Trump fighting a "deep state" that was suppressing the Dinar's true value.
The theory spread rapidly through social media platforms, including Facebook groups and YouTube channels, that also shared pro-Trump content. Currency speculators and scammers targeted these communities, recognizing their receptiveness to anti-establishment financial narratives.
A leading Iraqi economist predicted that Trump's pressure to reduce oil prices would harm the Iraqi economy and lead to a devaluation of the Iraqi Dinar. This contradicts the IQD RV theory, which suggests the Dinar will increase in value.
The correlation between being a Trump voter and believing in a significant revaluation of the Iraqi Dinar is not rigorously studied, but it's clear that the theory has been linked to Trump supporters.
If this caught your attention, see: Usd to Iqd Today
Donald Trump and the Revaluation
Supporters of US President-elect Donald Trump are more likely to believe that the Iraqi currency, the Dinar (IQD), will increase in value by an unprecedented multiple, some saying by as much as 1,000-fold.
The theory emerged after the 2003 Iraq War, with the basic premise being that the Iraqi Dinar would suddenly revalue back to its previous rate or even higher. The Dinar traded at around 3 IQD per USD before the 1991 Gulf War but crashed to roughly 1,310 IQD per USD.
Many believers connected the Dinar revaluation to a broader theory about Trump leading a massive reorganization of the global financial system, often tying it into QAnon-adjacent beliefs about Trump secretly fighting a "deep state" that was suppressing the Dinar's true value.
The theory spread rapidly through Facebook groups, YouTube channels, and forums that also shared pro-Trump content, using similar language about "mainstream media suppression" of both Trump and the "truth" about the Dinar.
Expand your knowledge: What Is Iraqi Dinar Worth in Us Dollars

Some promoters claimed Trump's Middle East policies, particularly regarding Iraq and Saudi Arabia, would trigger the revaluation, aligning with broader skepticism of traditional financial institutions and expertise.
Despite years of failed predictions, the theory continues to circulate, with some believers modifying the timeline but maintaining their basic conviction.
Here are some key factors that contributed to the spread of the Dinar revaluation theory among Trump supporters:
• The "Global Reset" Narrative
• Social media platforms and online communities
• Anti-establishment financial narratives
• Promoters claiming Trump's policies would trigger the revaluation
Trump Oil Policy May Harm, Devalue
Trump's oil policy may have a significant impact on the Iraqi economy, with a leading economist predicting that it could lead to a devaluation of the Iraqi dinar.
Dr. Nabil Jaafar Al-Marsoumi, a former Professor of Economics at Basra University, has expressed concerns that Trump's pressure to reduce oil prices will harm the Iraqi economy.
A devaluation of the Iraqi dinar could have serious consequences for the country's economy and citizens.
Dr. Al-Marsoumi's prediction highlights the potential risks of Trump's oil policy on the Iraqi economy.
Frequently Asked Questions
What is the prediction for Iraqi dinar value?
According to our forecast, the Iraqi dinar is predicted to reach 1320.10 in 12 months' time. Stay tuned for more updates on currency market trends and analysis.
Sources
- https://www.iraq-businessnews.com/2024/12/21/donald-trump-and-the-great-iraqi-dinar-revaluation/
- https://www.investopedia.com/articles/forex/081314/iraqi-dinar-investment-wise-investment.asp
- https://www.iraq-businessnews.com/tag/revaluation/
- https://www.xe.com/currencyconverter/convert/
- https://www.wealthdaily.com/iraqi-dinar-revaluation/
Featured Images: pexels.com