Friday, October 18, 2019

Iraq latest NEWS and Iraq Dinar w/ Q&A & Trust Information



MarkZ Friday Update- Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

MZ: I still feel we are very close…….right on the edge of seeing this all happen for us. I’m still excited at where we are. There are a few things that I cannot share that makes me believe we will be underway in Oct. 

MZ: We have heard from Zurich and Reno and some of the larger groups..that some of the folks are being sent to Hong Kong to finish up and process quicker and to prevent the Treasury getting in the way. 


Member:  The banks are close to total collapse. has to happen soon.

MZ: In Iraq they still are planning on going without the US if it doesn’t happen by next week. If this happens it will be “in-country” at first …but do not worry……It will force things to move quicker internationally IMO…

MZ: I have not seen any big arrests yet and that is what I am really looking for. Hearing this may be a big weekend for arrests.

Member:  I keep hearing no currency exchange until after October 24th, after mass arrest.

Q: Any updates on the Grand Jury?

MZ: Interpol hasn’t given me any updates recently……Hope to have one soon

Q: Are the elders still here?

MZ: There is a small contingent here and also in Zurich and S. Africa and other places 

Q: Any news from you military contacts? 

MZ: They are frustrated as well and have been hearing much of what I have with the timing. 

MZ: Mr. C will not be here today…..He  has been working on a petition for us to sign for President Trump……He wanted me to let you all know 1: no contact from the Chinese   2: No way to contact the Chinese  3: He is almost finished with the petition….the paperwork to send with it is over 3 inches high. 4: Hopefully finished next week. 

MZ; We will need 100,000 signatures to send it to the Whitehouse. …

Q: What good will a petition do?

MZ:  It forces the Whitehouse to respond and deal with this…….It will hopefully force a resolution. 




Member:  Trump said America will be Rich again

Member:  Wanted to say that one of the last things in Trumps speech last night: "America will be wealthy again." Hopefully that was a "code word" for us..

Member:  there is rumor that there were 3 assissanation attempts last night this is why it took 45 mins for him to come out and they want to keep President and The others safe

Q: Do you still think there will be no taxes on our exchange.

MZ: That is what I was told……..It’s best to prepare for anything however. If there are taxes the good news is for most of us it will be long-term capital gains. 

Member: Trump made an EO to preclude ANY tax on this event!

DEE GROSE https://www.zerohedge.com/markets/stocks-tumble-after-draghi-warns-over-stretched-valuations

DEE GROSE https://www.zerohedge.com/economics/doomed-continue-saxo-warns-global-trade-recession-not-over-yet

DEE Grose https://www.ecb.europa.eu/press/key/date/2019/html/ecb.sp191018~30bef7bc14.en.html

DEE GROSE https://www.telegraph.co.uk/business/2019/10/16/imf-fears-worlds-financial-system-even-destructive-2008/

DEE GROSE https://finance.yahoo.com/news/us-stocks-snapshot-wall-street-200326492.html

MZ: There is a possibility that Anna Von Reitz will join us by phone at some time. 

NEW SITE Anna Von Reitz https://theamericanstatesassembly.net/ 

MZ:  Anna Von Reitz on her main website annavonreitz.com has over 2000 articles which give a chronology of her endeavors to expose the fraud by the Vatican and the British Crown upon this country since the Civil War and her holding them accountable to the terms of Quadrillions of dollars. She is the fiduciary of the unincorporated The United States of America.

MZ: I hope everyone has a good weekend…..If anything happens- I will come back



Mod:  THANK YOU, SNAKE, PLANNING QUESTIONNAIRE: https://www.mmbb.org/docs/FinancialPlanningQuestionnaire.pdf 

Your straw man (Strawman) is an artificial person http://freedom-school.com/aware/your-straw-man-is-an-artificial-person.html

MZ: Video on PP’s and Farm claims: https://www.youtube.com/watch?v=sAL0exvL45Y 

Mod:  Dr Shabibi answering questions https://www.youtube.com/watch?v=ol8wve53-ME

You can share links like these one's to those who don't believe: theoriginalmarkz: https://www.slideshare.net/ahmeddinargate/the-history-of-iraqi-dinar-exchange-rate 

IF THE INTERNET GOES DOWN MARKZ NEW NUMBER Emergency number (712) 770-5028 Code:648989 Playback number (712) 770-5066


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Mark Coffee and Chat NEW MONDAY TIME Mon 2:00 PM EDT TUES -FRI 10:00 AM EST Thurs 8:00 PM EDT Chats live or recorded https://www.twitch.tv/theoriginalmarkz ONLY SPECIAL NEWS tweeted out https://twitter.com/originalmarkz

Note: Please listen to the replay for all the details….

Twitch:   https://www.twitch.tv/videos/492683578 



...there are two things that have to happen for the rate to change. The first one is Iraq must finish the formation of the government...they've put that into hyper-speed since the demonstrations ...There's a good chance they could have that done by the end of the year...they just have to get the proxies out and do a cabinet reshuffle...the other thing we are waiting on is the 2020 budget. The reason why? First off lots of monies in this 2020 budget being utilized for the rate change...it will have Article 140 in it. HCL, those are monies that will be given back to the citizens...they could finish the budget around February...

...about a month ago they told us in the month of February they were going to implement financial controls and measures at the ports and borders to control the funding and financing of terrorism and money laundering. The only reason you would implement those types of steps is most likely for a rate change...

Mountain Goat

So, where do we stand today on getting this reinstatement of the Iraqi dinar? We know that in order for Iraq to be successful financially and economically at the level they desire, they will soon have to reinstate the dinar to the global currency exchanges and trade their currency openly. The ISX does not trade currencies but getting the ISX hooked into the NASDAQ system certainly is a plus and speaks volumes of where they are heading. There are now plans to go ahead again as the CBI and the Finance Committee has told us many times already this is their plan. Remember the article in early 2019 telling us they plan to complete this currency reform in 2019? But when will they finally move ahead with the next stage, that of the implementation of the project to delete the zeros? We know that the coins and the smaller of the smaller category notes are already staged at the banks and ready for use. How long can the banks tie up this money without using it to benefit the bank’s profit margin?


[via PDK]

There is a lot of chatter about things happening on the 19th …several people I know say its significant. I have seen a lot of behind the scenes stuff…some I cannot comment on…If I had to make a guess…I think this may be our weekend...you go to bed on a Saturday Night and wake up Sunday to a new Financial world...or something like that. I think we are right on top of it...based on what I am hearing. The biggest news is from Iraq…they are worried about the protests and unrest in the country…They need to release the rv now…they are feeling great pressure to get the RV or RI out the door...I hear they will go with or without the US…I think they will go “with” us and we are that close.

[What is the significance of Lower Denominations’s being released?]

LD’s is big news guys...they would not be releasing those if they were not changing the value of their currency...This is a huge sign we are close.


An article...last evening indicated that Parliament will get the 2020 budget by the end of this week to begin review.

...also...an article...stated that on October 26th is when they'll vote on special grades that has been postponed from the 24th. This is an important date for all as it pertains to CBI governor.

RVAlready (TNT)

...People are speculating that Iraq wants this done before the Oct 25 protests...However the big pilgrimage to Karbala Iraq is Sat - Sun this week. I cannot help the feeling that they should have done this in January or earlier, instead of waiting until October...All of those in charge certainly need to quit the procrastination, and deliver the RV.

Francis Albert

To respond to Kap's quote [Reference Guru Kaperoni's 10-16-2019 Post] ...the balance sheet from CBI shows 48 Trillion Dinar "out there." Higher than what Kap has been saying. The things I believe he's missing. Firstly the Oil Credits and the banks create the dollars, UST ends up with oodles of Dinar and exchange bank to CBI, (when it is comfortable for Iraq ), at a cheap oil cost. Without the credits the whole point of the war is moot. Secondly, no one, including myself or Kap knows where these 48 Trillion Dinar are. He's assuming if Dinar goes from current to .50 then Iraq has to pony up 24 Trillion Dollars. Bad assumption. IMO, the vast, vast majority of these Dinar are in Central Banks around the globe. The very Central Banks that orchestrated the war. They have all the prerogative in the World to exchange whenever they want, up to 10 years..or not at all.

frank26: PART 2 impeccable timing 10-16-19

Restored Republic via a GCR: Update as of Oct. 18, 2019

Judy Note: Intel from three unrelated, though very respected sources was that the RV would happen after certain Mass Arrests were made, perhaps by Thurs. Oct. 24 – a date that was flexible depending on unfolding events.

MarkZ felt that his intel indicated that we would go this weekend.

Bruce: Word out of Singapore was that the 800#s were still coming out this week. They were in the process of finishing audits and email checks for Tier 4 and those audits would be completed tonight, or in the morning Fri. Oct. 18. Multiple sources have said we would get notified with the 800#s tonight or tomorrow Fri. Oct. 18. Many thousands of bank accounts have been being frozen across the globe as they caught the Bad Guys. That should be completed by 5:00 or 6:00pm EDT today Thurs. Oct. 17. Zim was now live and being transacted in Hong Kong, Zurich and Europe. Banks and the US Treasury would send out emails to Zim holders that contained the 800#s. The new Tier 5 public start was Nov. 12.

Fulford: A CIA source said, “We are in the end game NOW. I was told by someone who is in the know, at the top of the pyramid and who is one of Us, that the global banking reset is weeks away, not months away. It is most likely tied in with Brexit and the crisis in Hong Kong. If correct, there will be a MAJOR event taking place in Hong Kong on the same day. Take note that Nov. 1 is a Friday. It’s a perfect timeline to close down the online banking system over the weekend.”

With the pending events for Red October we invite you to join us in saying a whole lot of prayers for President Trump, the White Hats, Pentagon Generals, Marines, Army troops, Interpol personnel and all Special Forces who were dedicated to rid us of the Cabal’s rule over the US and World Monetary Systems and their organizing and funding of international Child Sex Trafficking, Gun and Drug Running Rings, while returning our nation to the original Constitution and bringing world citizens together into peace and prosperity. May God be with them, and with us all.

As Q said, “Where We Go One, We Go All.”

This was President Kennedy’s favorite saying and has been a symbol of the Q movement (Q was suspected to be JFK Jr.). And no, I have no idea why JFK Jr. didn’t show up to President Trump’s Dallas rally on Oct. 17 as I was told would happen by three separate and trusted high up sources. I just know President Trump was 45 minutes late in starting his speech.

A. Thurs. Oct. 17 2019 The Big Call, Bruce: Thebigcall.net: 712-770-4016 pin123456#

1. On Tues. Oct. 15 the President signed an Executive Order to make sure we wouldn’t have taxation on our exchanges.

2. There was reason to believe that things were moving throughout the night tonight Thurs. Oct. 17.

3. Bruce was told that they were in the process of finishing audits and email checks for Tier 4 and those audits would be completed tonight or in the morning Fri. Oct. 18.

4. Multiple sources have said we would get notified tonight or tomorrow Fri. Oct. 18 on the reset.

5. This was supposed to be a daytime event.

6. Redemption center staff were told to come in early in the morning at 6 am Fri. Oct. 18, so we could get a morning start for 800#s, or even appointments.

7. That start could be around 10:30 am to noon EDT tomorrow morning Fri. Oct. 18 as they waited for the West Coast to wake up.

8. Many thousands of bank accounts have been being frozen across the globe as they caught the Bad Guys. Those account freezing should be completed by 5:00 or 6:00 pm EDT today Thurs. Oct. 17.

9. A lot of things were happening behind the scenes – a lot of things done to protect our exchanges.

10. The bank bail-ins died with closure of the SWIFT system, so our banks were now safe.

11. The new USTN was gold-backed and equal with the gold in our new US Treasury.

12. Zim was now live and being transacted in Hong Kong, Zurich and Europe.

13. The new Tier 5 public start was Nov. 12.

14. Tier 4s would go together – the cores and groups out West should get notification the same time that the 800#s came out.

15. Banks and the US Treasury would send out emails to Zim holders that contained the 800#s.

16. Rates were very good and could be going up daily.

17. Word out of Singapore was that the 800#s were still coming out this week.

B. Morning Chat with MarkZ: https://www.twitch.tv/theoriginalmarkz

1. There was a large scale Tier4a audit underway that should be finished in a couple of days.

2. Many have been pointing to Sat. Oct. 19th as the reset date.

3. Iraq was set to go next week without the US if so needed.

4. There was a lot of progress going on behind the scenes that Mark couldn’t talk about it.

5. It was Mark’s opinion that we would go this weekend.

6. If you don’t have a humanitarian project for Zim redemption they would have a list you can pick from, though you would be given a lower rate than if you had your own.

7. Redemption Center Staff was confident that they would be working this weekend.

8. A Contact in South Africa was expecting the reset on Sat. Oct. 19.

C. Oct. 17 2019 10:31 am EDT Historic Changes, Fulford: "Historic Changes Unfold" - Fulford Report - 10.14.19

1. Multiple signs indicated that some sort of high-level deal has been reached between Russia, China, and the U.S. for a new system of global stewardship.

2. The U.S. military sent us this photograph with the caption, “To welcome the new fiscal year, Trump summoned military brass for a White House meeting and dinner on Oct. 7 with [top General Mark] Milley and other Army generals wearing World War 2 uniforms and declaring war on Zionists and the Deep State.” IMAGE

3. Pentagon sources say, “The hunt for Red October is on as the Hunter (Biden and other traitors) becomes the hunted, and General Joseph Dunford oversees military tribunals.”

4. Russian sources tell us that former President Barack Hussein Obama has already been executed by a firing squad. The Pentagon sources did not confirm this, but did say, “Civil war is raging with Gitmo [Guantanamo Bay] executions, declassification, mobilized troops and feds, and potential takeover of California.”

5. In the U.S., the Midwestern Corn Belt was hit by “unprecedented” snowstorms. While normally 75% of the harvest would have been taken in by now, “unprecedented” spring flooding had delayed planting, meaning that only 22% of the harvest had been taken in before the snow hit.

6. California was hit with arson, deliberate shutdowns of the power grid, and other chaos. That’s why the U.S. military is planning to take temporary control of that rogue state. Invading California also would let them nationalize the subversive Cabal tech companies like Google, PayPal and Facebook.

7. A CIA source about the financial system reset just as this report was about to go live:
“We are in the end game NOW. I was told by someone who is in the know, at the top of the pyramid and who is one of Us, that the global banking reset is weeks away, not months away. It is most likely tied in with Brexit and the crisis in Hong Kong. If correct, there will be a MAJOR event taking place in Hong Kong on the same day. Take note that November 1 is a Friday. It’s a perfect timeline to close down the online banking system over the weekend (as has always been the case with pre-planned government events). We know the potential outcome. If ATMs are temporary ‘offline due to a system malfunction’ as is usually stated in the screen of the ATM when the switch is turned off, panic amongst the masses will go ballistic.”

8. The U.S. military has started releasing previously hidden high tech to the public. For example, it has released “UFO-like technology” that would completely revolutionize air and space travel. It is also releasing patents for compact fusion reactors that would completely transform the world economy. If this fusion technology works, it would literally make it possible for everybody on earth to live like a millionaire.

9. There are also signs the UN may finally move out of New York. Secretary General António Guterres said on Mon. Oct. 7 that it may run out of money by the end of October. This is happening mainly because the U.S. and 64 other countries have stopped paying their UN dues. It means China could get its wish to have it moved to Laos or somewhere else in Asia if they would be willing pay the bills.

D. International Child Exploitation and Sex Trafficking:

Dec. 3 2018 Clinton Foundation Crimes Against Children: Clinton Foundation & Crimes Against Children

Judy Note: From a very young age the subject of my book “Twenty Two Faces” Jenny Hill, was raped and tortured into multiplicity by a Satanic coven under direction of a CIA Operative Mind Control expert known as Dr. Green.

Green was one of many Nazi criminals who what was later known as the CIA, imported out of Nazi Germany through help of an underground railroad run by the Vatican. These horrific Nazis infiltrated colleges, universities and hospitals across the US, Canada and Australia where they performed horrendous experiments on innocent children. This worship of Satan involved inviting evil spirits and Satanic powers into their bodies and those of their innocent victims through rape, torture and being made to view human sacrifice for the CIA Mind Control Program, MKULTRA.

Barely surviving to the tender age of six with fractured thinking patterns caused by her severe abuse, Jenny was again raped and tortured, forced to witness a Child Sacrifice and save for divine intervention, was almost killed herself – an unfortunately common occurrence for thousands of children across the globe born to Satanic-worshipping political and global elite parents who were into Dr. Green’s CIA Mind Control Program.

Since the end of World War II, this horrendous exploitation of innocent children has been run by CIA - US Inc - British Crown - Vatican international Child Sex Exploitation, Human Trafficking, Drug and Gun running Rings. Known as the Cabal, they had control of the US and World Monetary System that was funded out of US Taxpayer dollars by way of a CIA Black Budget run through the Central Banking System, with their nefarious activities enforced by various mafias.

These inhuman global and political elites used billions of dollars out of their secret accounts at the Vatican Bank and addiction to Pedophilia and Satanic Child Sacrifice rites to blackmail politicians and influence political arenas in order to gain power for their own monetary gain – the very reason behind the over 125,000 indictments on these elites filed in federal courts across the nation since Trump took office that were about to be served.

Thank goodness for President Trump Q+, Q, QAnon, the White Hats, Pentagon officials and unknown others who have worked so hard over many years in preparation for the events of the upcoming weeks of Red October.

Jenny’s testimony: http://www.youtube.com/watch?v=F626Lsrdwg4

WARNING: It is up to all of us to safeguard our children and teens. The month of October was especially busy for those who worshipped Satan. The successful kidnapping of children and teens for the purpose of pedophilia, rape and child sacrifice was a ticket of honor for lower echelon members of Satanic worshippers, allowing them entrance into dark activities of the upper-level Satanic Covens.

E. Predicted Global Currency Reset – Restored Republic Events:

During October the Military would be on High Alert with expected major political and economic changes, disclosures, Mass Arrests, trials and tribunals of major figures worldwide. Mass Arrests would continue through Dec. 2019, while completion of the Restoration of the US Republic was planned for the end of President Trump’s second term in 2024.

Thurs. Oct. 17 2019: As ruled by the UN World Court, the final drop dead deadline for US Inc./Federal Reserve/Central Bank Cabal to come up with Quadrillions in gold for debt repayment to keep their fiat Global Monetary System afloat, or they would complete their loss of control of the US and Global Monetary Systems. Thurs. Oct. 17 was also the date that the Federal Reserve and IRS were expected to close their doors. On Thurs. Oct. 17 at his Dallas Rally, President Trump was expected to announce his new running mate, JFK Jr.

Sat. Oct. 19 2019: Activation of Mass Arrests. “Something big would happen around Sat. Oct. 19” – believed to be the Mass Arrests in full swing with possible chaos breaking out. Since Trump took office over 125,000 sealed indictments had been filed in federal courts across the nation, including those against 443 of the total 535 US Congress people soon to be arrested for Treason, Pedophilia, or both. Thousands of elite US Marine troops were ordered to be activated on 19 October for a “National Emergency”

Thurs. Oct. 24 2019: Intel from two unrelated, though very respected sources was that the RV would go after Mass Arrests began, perhaps by Thurs. Oct. 24.

Fri. Oct. 25 2019: According to Q, big events would be exposed, and then Q added to his tweet pictures of pizza and popcorn – thought to mean the exposure of Pizzagate perpetrators: Clinton and the Cabal’s worship of Satan through Pedophilia, Child Sacrifice, Sex Trafficking and Exploitation that went all the way from US Inc, through the Queen of England to the Vatican, and then out to Central Bankers across the globe.

Tues. – Wed. Oct. 29-30: The first Q drop on 28 Oct. 2017 indicated that Cabal Head Witch Hillary Clinton would be arrested Oct. 29 or 30 – right before Halloween. This High Holy Satanic Holiday was considered Satan’s Birthday according to the Occult Calendar of Demonic Holidays (pulled together in the late 1980s by therapists of Satanic Ritual Abuse Survivors). This All Hallows Eve was celebrated Oct. 29 to Nov. 1 through kidnapping and the torture of children in Pedophilia Parties that lead to Child Sacrifices.

Thurs. Oct. 31 2019: The Justice Department Inspector General's report on Foreign Intelligence Surveillance Act Abuses (FISA Abuse) would be released by the end of Oct. The report was said to contain charges against 80% of Congress and said to be as thick as a phone book. Dramatic changes and reforms within the US government were expected to take place thereafter.

Thurs. Oct. 31 2019 was also the Brexit deadline in the UK. At the end of what was referred to as Red October, the IMF was expected to make a Global Gold Treaty announcement that called on all countries including the US, to use the Gold Standard. Currencies of 209 nations of the BRICS Alliance would eventually revalue their currencies and complete the move to a gold-backed Global Monetary System.

Fri. Nov. 1 2019: Q reported big events happening, although didn’t reveal what.

Sun. Nov. 3 2019: When the reset happened (expected around Thurs. Oct. 24), we would have 10 days to make Zim appointments, or by around Sun. Nov. 3.

Tues. Nov. 12: New date for Tier 5, or the general public, to begin exchanges.

Mon. Dec. 9 2019: When the reset happened (expected around Thurs. Oct. 24), we would have 45 days to exchange, or until around Mon. Dec. 9.

Jan. 1 2020: A National Retail Sales Tax Code would become effective, replacing the bankrupt Federal Reserve and IRS tax system. A 17% tax was expected to be levied on new items only, with no tax on earnings, food or medicine. On July 3 2019 President Trump signed an Executive Order, content unknown, covering tax laws until Jan. 1 2020.

March 2020: Arrests of anti-constitution/NWO/Cabal/against President Trump would be expected to wrap up by March 2020, while also in March 2020 the Second Basket of currencies would likely revalue.

Mon. April 6 2020 – 180 days after the reset – activation of GESARA/NESARA (Some believed April 6 was Jesus Christ’s Birthday).

End of the year 2024: Restoration of the US Republic completion was planned for the end of President Trump’s second term in 2024.

F. On the 800#s:

As of Oct. 9 2019 the 800#s were in place and operational. Each country and region has been assigned certain 800#s. The US Treasury and the banks would be emailing Zim holders an 800#. Call the 800# for your region or bank, tell them the bank you wanted to exchange with (Zim holders would need to redeem with either HSBC or Wells Fargo unless your bank had made special arrangements to redeem Zim. HSBC ran the Exchange Centers and would have representatives there). They would then transfer your call to the proper Exchange Center to talk to a live person and make your appointment.

WARNING: When you call an 800# DO NOT give out the serial numbers of your currency or bonds, nor how much you had. The only things the person or computer on the other end of the line would need to know was the bank and zip code where you wanted to exchange and what you had (Zim, Dinar, Dong, etc.) so you could be directed to a Redemption Center in the proper area to speak to a live person and make your appointment.

Important information on how to exchange and redeem for participants worldwide would be on certain websites authorized to publish the 800#s so you could have a firm grip on appointment strategy prior to going in.

If you obtained your appointment through an 800# you would automatically receive the Contract Rates (with the exception of Zim holders, whose bonds were worth so much that Contract Rates were saved for others).

The 800# appointments for Zim redemption and special Contract Rates would only be available for a short period of time – said to be a deadline of around Nov. 15. After that you would need to exchange at a regular bank at a rate appearing on the Forex at the time, plus make special arrangements to redeem your Zim.

G. Make sure any 800# you received through phone, email or otherwise was also present on these approved Twitter Accounts and Websites:

Dinares Gurus : https://dinaresgurus.blogspot.com/
Dinar Chronicles: http://www.dinarchronicles.com/tetelestai.html
Dinar Recaps: https://www.dinarrecaps.com/our-blog
MarkZ Calls: https://www.twitch.tv/theoriginalmarkz
MarkZ website: theoriginalmarkz.com
MarkZ Twitter: m.twitter.com/originalmarkz
Bruce: bigcalluniverse.com https://www.iqdcalls.com/The_Big_Call.html
TNT Tony: https://twitter.com/the_tnt_team

TNT Tony & Ray Call for October 16, 2019


Blast From the Past:

NY TIMES(Kuwait RV): Published: March 25, 1991 

AFTER THE WAR; No Electricity but Kuwait Reopens Its Banks

By Donatella Lorch

March 25, 1991

It still has no water and little electricity or food, but Kuwait revived its banking system today, introducing a new currency.

Banks reopened for the first time since Iraqi occupation forces shut them down in December. Thousands of people lined up to exchange their old Kuwaiti dinars for crisp new ones and to withdraw a limited amount of money.

Without electricity, the banks services were slow, limited to money exchange and withdrawal. There was no telex, no electronic money transfer and no telephones. The computers were unusable, so all transactions had to be entered by hand.

"It's like going back 20 years," said Mohammed al-Yahya, the manager of the Commercial Bank of Kuwait, the nation's second-largest bank. 

The Central Bank is canceling the value of Kuwaiti dinars that were seized from the Central Bank and put into circulation by the Iraqis. The invalid serial numbers were posted today in front of all banks in the city.

All other old dinars can be exchanged for new ones on a one-to-one rate until May 7, when the old dinars become invalid. The new official exchange rate is 3.47 American dollars for one new Kuwaiti dinar.


From March 18, 1975 to January 4, 2003 the dinar was pegged to a weighted currency basket. From January 5, 2003 until May 20, 2007, the pegging was switched to 1 U.S. dollar = 0.29963 dinar with margins of ±3.5%.[2] The central rate translates to approximately 1 dinar = 3.33745 dollars. From June 16, 2007, the Kuwaiti dinar was re-pegged to a basket of currencies,[3] and is now worth about US$3.609 (€2.686). It is the world's highest-valued currency unit

History of the Iraqi Dinar   https://en.wikipedia.org/wiki/Iraqi_dinar

History of the Kuwaiti Dinar:  https://en.wikipedia.org/wiki/Kuwaiti_dinar