How the DRP Will Encourage the Increase in the IQD Revalue
Think of Iraq’s currency like a company’s stock price: it rises when confidence grows, money flows in, and the country proves it can support a stronger value. The Development Road Project—a massive trade and transportation corridor linking the Gulf to Turkey and Europe—gives Iraq several powerful tools that could make it much easier to increase the value of the dinar over time. Click on the image to watch the video.
1. The DRP Project Brings Massive New Money into Iraq
Once the Development Road is operating, Iraq earns money from transit fees, shipping, logistics services, rail use, highways, and foreign companies paying to operate along the route.
More money flowing into Iraq means:
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Higher national revenue
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More foreign currency coming into the Central Bank
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Bigger reserves to support a stronger dinar
A currency gets stronger when a country has more stable income and more dollars and euros backing it.
2. It Creates Long-Term Economic Stability
Investors want predictable, long-term projects before they put money into a country. This corridor is a 30+ year economic engine involving Turkey, Gulf countries, Europe, and major corporations.
That stability makes it easier for Iraq to:
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Attract foreign investment
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Bring in global banks
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Build confidence in its financial system
A stable economy naturally supports a higher currency value.
3. Foreign Companies Will Need Iraqi Dinar
To do business inside Iraq—build factories, logistics hubs, warehouses, rail centers—companies must spend in IQD.
More demand for dinar = higher value.
This simple supply-and-demand rule is one of the easiest ways for Iraq to strengthen its currency without changing anything politically.
4. It Reduces Iraq’s Dependence on Oil
Right now, Iraq’s economy depends heavily on oil sales.
Oil is powerful but volatile.
The Development Road creates non-oil income, which the IMF has been demanding for years before Iraq can fully upgrade its currency regime.
A diversified economy = stronger currency stability.
5. It Shows the World That Iraq Is Open for Business
When major global partners invest billions into a country, the perception changes. Iraq goes from being a “risk country” to being a trade hub.
Imagine the difference between:
A country that sells oil
vs.
A country that connects Asia, Europe, and the Middle East with a 1,200-km trade super-highway
A higher global profile boosts confidence, and confidence strengthens a currency.
6. The Project Forces Iraq to Modernize Its Banking System
To handle the international trade this project will create, Iraq must modernize:
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Its banking
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Its digital payments
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Its customs systems
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Its currency controls
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Anti–money laundering systems
These reforms support a currency upgrade because they convince the IMF and global banks that Iraq can manage a higher-value currency.
7. This Gives the Central Bank the Perfect Environment to Raise the Dinar
Once Iraq has:
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Higher reserves
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Reliable new income
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Stronger global partnerships
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A modern banking system
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Growing demand for the dinar
The Central Bank gains more freedom to gradually increase the dinar’s value—whether slowly or in a controlled revaluation.
Bottom Line
The Development Road Project is not just a railway or highway—it’s a currency upgrade machine.
It pumps money into Iraq, brings investors who need dinars, builds long-term stability, and forces financial modernization.
All these pieces make it much easier—and far safer—for Iraq to increase the value of the dinar when the timing is right.
