The News, Connected

Iran, Venezuela, Iraq, the US military, the cartel takedowns, the dismantling of the corruption networks, and the IQD - read separately, they are noise. Read against a monetary system being rebuilt and re-backed, they are one operation.

Subscribe now to track it daily.

CBI Rate Alert Get an instant email on the day the official CBI revalues the IQD.
Free, no credit card.

Free. No credit card required.

"

My daily war news impacting world economics update, right here. You called it early on, great job!

Intelligence subscriber
"

The Daily Briefing is the highlight of my news day.

Daily Briefing subscriber
"

The most comprehensive information on Iraq and a currency revaluation on the planet. No guesswork. Just logic and facts. Worth every penny.

Direct Access subscriber

Dinar Revaluation Sequence 2026: Trust First, Banking Second, Exchange Last

The order that matters before a dinar revaluation: build the trust first, warm the bank second, exchange last. IR-027 lays out the full sequence.

IR-027, The Window: The Sequence, lays out the order of operations for exchanging a currency windfall outside Iraq: what to build before a rate prints, what to fund after, and what happens in the first 72 hours once it does. The report reduces the entire event to 3 jobs - a structure to own the money, a banking relationship to receive it, an exchange to create it - and shows why running them out of order undoes work you cannot redo.

Structure first: the trust before the dinar revalues

The report draws a hard line between creating a trust and funding it. Creating is the signed, dated document, done before any windfall exists. Funding of proceeds waits for the exchange itself. US voidable-transactions law runs a roughly 4-year lookback in most states, and federal bankruptcy law can unwind transfers into self-settled trusts up to 10 years back. With the US lifetime gift and estate exemption at $15M per person and the annual exclusion at $19,000 per recipient from 2026, the report treats now as the window for locking today's value into the structure.

Banking second: the clocks you do not control

A signed trust needs a tax number, then a bank account, then private-client onboarding with enhanced review. The report cites 2 to 4 weeks to sign a trust document at a typical flat fee of $1,500 to $4,000, and a median of 6 weeks or more for account onboarding, stretching past 90 days for layered structures. A holder who starts this process the morning a rate prints is running 2 to 3 months of queues at the desks' busiest hour.

Exchange last, then the pause

The report walks through the first 72 hours after a rate goes live: verification first, presentation at warm desks on day 1, exchange on day 2 and 3, never in the volatile opening hours and never in the closing days of a window that, per Kuwait 1991, Iraq 2003 and India 2016, only ever tightens. After proceeds land, the report cites a 6 to 12 month decision-free zone before any allocation, property purchase or gift, backed by windfall bankruptcy data showing size does not protect against ruin.

What Baghdad added this week

As of 17 September 2026, the CBI has formally denied social media devaluation rumors and held the official rate at the level fixed in the 2026 budget, while Iraq's private banks work through their first full assessment cycle, with one bank already placed under an 18-month conservatorship for non-compliance.

The full report maps the professional consensus behind this sequence, the local paperwork each jurisdiction demands, and the mistakes that cost holders the most. Read the full Window: The Sequence analysis.

Every insight connects. Every claim is sourced.
Read the first Intelligence Report free. Own the full reports outright, no subscription. Start a 5-day free trial. Read the book.
READ IR-001 FREE OWN THE REPORTS
START 5-DAY FREE TRIAL GET THE BOOK
Start 5 Days Free