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I asked BARD, Google AI, when will the Iraqi Dinar increase in value against the US dollar? Here's what it said


First, I asked BARB the following question:  Please list the currencies that will go up in value against the US dollar in the next three months.  Date:  September 27, 2023

The following currencies are expected to go up in value against the US dollar in the next three months, according to a consensus of analysts polled by Reuters:

  • Euro (EUR)
  • Japanese yen (JPY)
  • British pound (GBP)

The euro is expected to gain 1.7% against the dollar in the next three months, to $1.09. The Japanese yen is expected to pare back all of its losses for the year against the dollar to 132/dollar. The British pound is expected to gain another 3% against the dollar, to $1.29.

Other currencies that may also go up in value against the dollar in the next three months include:

  • Swiss franc (CHF)
  • Norwegian krone (NOK)
  • Swedish krona (SEK)
  • Canadian dollar (CAD)
  • Australian dollar (AUD)

It is important to note that currency forecasts can be wrong, and the actual performance of any currency will depend on a variety of factors, including economic growth, interest rates, and geopolitical events.

Please note that this is just a forecast, and the actual performance of any currency can vary depending on a variety of factors.

I then asked BARD to check itself to determine if the answers given were correct. 

BARD confirmed and provided the links to the information that enabled it to provide an answer. 

Watch out ChapGPT, BARD checks itself. 


So then I had to ask about the IQD?

Question:  When will the Iraqi Dinar increase in value against the US dollar?

This is what it said: 

It is difficult to predict when the Iraqi dinar will increase in value against the US dollar. There are many factors that could affect the exchange rate, including:

  • The overall health of the Iraqi economy
  • The price of oil
  • Political stability in Iraq
  • The strength of the US dollar

In recent years, the Iraqi dinar has been losing value against the US dollar. This is due to a number of factors, including the ongoing conflict in Iraq, corruption, and economic mismanagement. However, there are some signs that the Iraqi economy is starting to improve. For example, the government has implemented a number of reforms, and the price of oil has been rising.

If the Iraqi economy continues to grow and political stability is maintained, then the dinar could start to appreciate against the US dollar. However, it is important to note that there are still a number of risks to the Iraqi economy, and it is impossible to say for sure when the dinar will start to appreciate.

Some analysts believe that the dinar could start appreciating in the next few years, while others believe it could take much longer. It is important to do your own research before making any investment decisions.

It is also important to note that the Iraqi dinar is a very volatile currency, and its value can fluctuate wildly. This means that investing in the dinar is a risky proposition.

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